The Union Finance Ministry said a panel headed by Punjab National Bank (PNB) Chairman Sunil Mehta would examine whether banks need to form an asset reconstruction company (ARC) or asset management company (AMC) for faster resolution of stressed assets.

posted by Jawwad Kazi 9th Jun 2018

The Goods and Services Tax Council is likely to take up the possible inclusion of natural gas in the indirect tax regime during its next meeting, according to a senior of¬ ficial in the Council.

posted by Jawwad Kazi 9th Jun 2018

India will attend the SCO summit in Qingdao, China on June 9-10 as a full member.

posted by Jawwad Kazi 8th Jun 2018

Starting this year, the government will begin a five-year exercise to compute district-level data of the country’s environmental wealth.

posted by Jawwad Kazi 5th Jun 2018

Goods and Services Tax (GST) rates could rise by 1% to finance a Farmer Welfare Fund, according to a proposal under consideration of a Group of Ministers (GoM) set up by the GST Council.

posted by Jawwad Kazi 4th Jun 2018