Maruti disappoints but GST springs a surprise

THE ECONOMIC TIMES Daily Newsletter

Surprise, surprise! GST collections up in Dec after 2 months of dip A total of one crore taxpayers have been registered under the GST so far till January 24, 2018 of which 17.11 lakh are composition dealers.

Maruti Suzuki disappoints with Q3 numbers; higher tax outgo cuts profit growth to 3% The company board has approved a revision in the method of calculating royalty.

Tax refund racket by Infosys, Vodafone employees busted in Bengaluru Employees of over 50 prominent and medium-sized companies in Bengaluru are under the scanner of the Income Tax department.

Middle class thinks it would get a raw deal in Budget 2018, says ET.com survey The erosion of the BJP's rural base in the Gujarat elections can force the government to offer more benefits to the rural sector than others.

Making India's banks whole again is a good first step The bank rescue is easy on the taxpayer, who must backstop a score of lenders that control 70 percent of the banking system's assets.

NSC vs 5-year bank FD: Which is a better tax saving investment? NSC and tax-saving FDs have certain common features. However, there are certain differences between the two which, give an advantage to NSCs over tax-saving FDs.

Modi's next big tax reform after GST could be for the salaried class Centre is looking at a mega reform to ease salary structures and give a "generous" standard deduction in the form of tax-free expense.

Baba vs baba: Ramdev drags former partner to court Karamveer is a former partner of Ramdev, having cofounded Divya Yog Mandir Trust along with Ramdev and Acharya Balkrishna.

From our Partners Making your first mutual fund investment Investors should also read the scheme related documents and understand the investment objective of the mutual fund scheme, know the securities in the scheme where money will be invested.

Modi govt ready to roll out red carpet for Elon Musk Modi on Tuesday told the World Economic Forum in Davos that India is removing red tape and laying out the red carpet for global investors. RBI says no to govt on additional dividend: Agencies The RBI transferred dividend to the tune of Rs 30,659 crore to the government for FY2016-17, which is half of what it paid to the government in the previous fiscal.

Jio's new mass-connect plan to further hurt incumbents Seen as a highlight of its second successive cut in effective rates in two weeks, the new Jio plan is likely to cause more revenue erosion for rivals.

From our Partners Six smart things to know about bonus in insurance plans Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus.

ICICI Pru's PMS unit shuts down two small-cap schemes, to return money The Portfolio Management Services division is a unit that caters to the rich investors.

PM Narendra Modi expands on his foreign policy vision of India as a strategic global player Modi's foreign policy vision is driven by a desire to make India a major economic and strategic player in shaping the new Asian century.

RBI warns banks about crypto risks, wants higher scrutiny South Korea and China have already clamped down on virtual currencies.

A royal surprise: Brunei's Sultan Bolkiah captains aircraft 747-400 to Delhi Brunei Sultan Hassanal Bolkiah is one of those who does and piloted his jumbo jet to New Delhi on Wednesday to attend the Indo-Asean Commemorative Summit.

Saudi Aramco set to shake up global markets with $1.5-trillion valuation The market capitalisation of Aramco will be almost twice that of Apple Inc.

LIC on shopping spree: Stakes go up in these 45 stocks in Q3 Among the largecaps, LIC increased its holding in Tata Consultancy Services to 4.17 per cent.

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