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4 October, 2018 1:52 AM Forbes India Rich List 2018: Mukesh Ambani wealthiest, Azim Premji a distant second

Despite the rupee rout, the tycoons featuring on the 2018 Forbes India Rich List saw their combined wealth increase to $492 billion over the course of the past year. Here are the names who made to this year’s list. The bygone year was momentous for the Indian economy. As the effects of demonetization and the rollout of the goods and services tax (GST) 103

3 October, 2018 7:09 AM NCC gains 4% as co bags orders worth Rs 408cr in September

Share price of NCC gained 4.4 percent intraday Wednesday as company received orders worth Rs 408 crore in the month of September. The company has received three new orders totaling to Rs 408.3 crore (exclusive of GST) in the month of September, 2018. These orders are received from state government agencies and do not include any internal orders 61

2 October, 2018 5:32 AM Petrol Costs 91.20 Rupees Per Litre In Mumbai, Diesel Nears 80 Rupees Per Litre

Petrol, diesel prices today: With petroleum still excluded from the GST (Goods and Services Tax) regime, fuel prices vary according to local taxes. Oil marketing companies (OMCs) raised petrol and diesel prices on Tuesday. A litre of petrol touched Rs 91.20 per litre in Mumbai, while the price of diesel was revised to Rs. 79.89 per litre, according to a notification 104

28 September, 2018 2:34 PM Macro@moneycontrol I E-Commerce companies to deduct 1% TCS from Oct 1

Sakshi Batra is in conversation with Gaurav Choudhury, Policy Editor, Moneycontrol to find out what this will mean for suppliers, e-commerce players, and consumers. In what will be a jolt to electronic retailers, the finance ministry has notified October 1st as the date for implementation of the Tax Collected at Source (TCS) provision under Goods and Services 51

28 September, 2018 12:00 PM Taj Mansingh auction: Tata Group's Indian Hotels Company Ltd wins NDMC bid

New Delhi: Tata Group's Indian Hotels Company Limited (IHCL) on Friday retained the iconic Taj Mansingh hotel in New Delhi Municipal Council (NDMC) e-auction. The auction ended with agreement on a license fees of Rs 7.03 crore per month including GST. Earlier, IHCL was paying Rs 3.94 crore per month as license fees. The Taj Mansingh was given to the Tata group 72

28 September, 2018 11:51 AM Delhi's Iconic Taj Mansingh Hotel Stays With Tata Group After Auction

The iconic Taj Mansingh hotel in Lutyen's Delhi was retained by the Tata group in an auction by the New Delhi Municipal Council (NDMC) on Friday, official said. The lease for the property will be granted to the group for 33 years at double the license fees. "The Tata group's Indian Hotels Company Limited (IHCL) has retained the property at license fees of Rs 7.03 crore 65

28 September, 2018 9:07 AM GST Council Meets To Consider New Tax For Kerala Flood, Future Calamities

Since this would set a precedence, a group of ministers was formed to give suggestions, Arun Jaitley said. GST Council, the highest decision making body of the Goods and Services Tax regime, today decided to set up a seven-member group of ministers to suggest on cess demand for Kerala flood rehabilitation. Briefing reporters after the 30th meeting of the GST Council 68

25 September, 2018 9:14 AM ITC gains 1%; CLSA maintains buy with target Rs 390

There is a proposal for an additional ‘disaster cess’ to help Kerala post the floods, while proposal is likely to come up for discussion at the GST Council meet on September 28. Shares of ITC gained more than 1 percent intraday Tuesday as broking house CLSA maintained buy with a price target of Rs 390 per share. According to CLSA there is a potential 76

21 September, 2018 10:10 AM Ministerial panel on GSTN to meet on September 22

A ministerial panel headed by Bihar Deputy Chief Minister Sushil Modi will on Saturday take stock of the functioning of the GST Network (GSTN) and the new software that is proposed to be used for return filing once the new forms are introduced next year. The meeting of the Group of Ministers (GoM), set up in September 2017 to look into the technical 80

20 September, 2018 10:05 AM Organised fan manufacturers seeks 12% GST slab

Fan manufacturers in the organised sector are seeking a reduction in GST slab from 18 per per cent to 12 per cent for which representations have been already submitted to the GST Council. Indian Fan Manufacturers Association (IFMA) said that fans were a basic necessity in a tropical climate like India and being used by all strata of the society 72