In his book, Arun Kumar suggests ways to convert the complex levy into a ‘Ground Nourishing Tax’.

A week after the Reserve Bank of India (RBI) delivered a second consecutive policy rate cut of 25 basis points, banks decided to pass it on to borrowers to some extent. But customers need not lose hope, as the central bank is expected to further cut rates in June policy review to support growth, in light of latest industrial growth and inflation data.

Prakash Kumar, the CEO of the Goods and Services Tax Network (GSTN), on Friday, said that a total of 1.21 crore businesses have been registered under the new GST regime rolled out from 1st July 2017. 

Mumbai: The outstanding loans of Indian lenders to the micro, small and medium enterprises (MSMEs) expanded two-and-a-half times in five years through 2018, credit information company TransUnion CIBIL said, while also warning about debt build-ups leading to possible stress in the quality of assets.

The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 2018-19, one of its reports said on Thursday.

A one-day National Investors' Conclave on Technical Textiles being held here on April 24 will provide inputs to understand the potential areas of investment in technical textile sector.