gst

 

GST Council meet on May 4, simplifying returns on agenda

Apr 25 2018 | 1 hrs ago

Finance Minister Arun Jaitley-chaired GST Council will meet on May 4 to discuss a simpler return form and the amendments required in the indirect tax regime rules.

FinMin to move to cash basis accounting for GST collection

Apr 24 2018

FinMin will from this fiscal shift to cash basis accounting for GST where monthly collections will be reported on the first working day of the following month.

E-way bill implementation a grand success in Haryana: Abhimanyu

Apr 24 2018

The implementation of e-way bill in Haryana under the Goods and Services Tax has seen a grand success, state Excise and Taxation Minister Abhimanyu said.

Demand for under-construction properties fall in Delhi-NCR

Apr 23 2018

"Demand for under-construction properties have reduced considerably in the wake of an effective 12 per cent GST levied on the segment," a report said.

Indian elephant ready to run after economic reforms: IMF official

Apr 22 2018

Global investors feel that the Indian "elephant is ready to run" after sustained economic reforms, a top IMF official has said.

FinMin examining issues in converting GSTN to govt company

Apr 22 2018

The Finance Ministry is examining various issues including overhaul of procurement procedures and the salary structure of employees in convert GSTN into a govt company.

India's pace of growth to accelerate in 2018-19: RBI governor

Apr 22 2018

Asserting that the Indian economy turned in a resilient performance in 2017-18, Urjit Patel has said the countrys growth is expected to accelerate next fiscal.

GST roadblocks hit India's export prospects in FY'18: PHD

Apr 21 2018

Roadblocks such as delay in GST refunds and note ban after effects hit export prospects in 2017-18 amid a revival in demand mainly US and EU markets, report said.

New industrial policy to up investment, mfg share in GDP: Prabhu

Apr 21 2018

Prabhu said that the upcoming industrial policy was expected to bring new investment and increase the share of manufacturing in the country's GDP.

'Big reforms made India fastest growing major economies globally'

Apr 21 2018

He said the launch of GST represented an "historic economic and political achievement, unprecedented in Indian tax and economic reforms.

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Stocks In News

 

ZENSAR TECH Q4

Revenue up 9.5% at Rs 814 Cr vs Rs 743 Cr

EBIT up 79% at Rs 82 Cr vs Rs 45.8 Cr

EBIT margin at 10% vs 6.1%

Net Profit up 6.9x at Rs 74 Cr vs Rs 10.7 Cr

Other Income at Rs 26.7 Cr vs Loss of Rs 22.8 Cr

All figures are consolidated and comparable QoQ

PERSISTENT TECH Q4

Net Sales up 19% at Rs 344 Cr vs Rs 289 Cr

EBITDA up 15.7% at Rs 191 Cr vs Rs 165 Cr

EBTDA Margin at 55.5% vs 57%

Net Profit up 40.5% at Rs 142 Cr vs Rs 101 Cr

All figures are Consolidated & comparable YoY

OBEROI REALTY Q4

Net Sales up 19% at Rs 344 Cr vs Rs 289 Cr

EBITDA up 15.7% at Rs 191 Cr vs Rs 165 Cr

EBTDA Margin at 55.5% vs 57%

Net Profit up 40.5% at Rs 142 Cr vs Rs 101 Cr

All figures are Consolidated & comparable YoY

GIC HSG FINANCE Q4

PAT At Rs 60 Cr vs Rs 46.6 Cr, Up 28.8% YoY

NII at Rs 109 cr vs Rs 100 cr, up 9%

Revenue From Ops At Rs 296 Cr Vs Rs 266 Cr, Up 11.3% YoY

IDFC BANK Q4

PAT Rs 41.9 Cr vs Rs 176 Cr, Down 76% YoY

NII At Rs 453 Cr vs Rs 502 Cr, Down 10% YoY

Gross NPA At 3.31% vs 5.62% QoQ;

Net NPA At 1.69% vs 2.52% QoQ

Provisions At Rs 242 Cr vs Rs 108.6 Cr , up 2.2x QoQ

RAYMOND Q4

Revenue Rs 1,655 Cr vs Rs 1,506 Cr, Up 10% YoY

EBITDA Rs 176 Cr vs Rs 145 Cr, Up 21% YoY

EBITDA Margin 10.6% vs 9.6% YoY

PAT Rs 53 Cr vs Rs 33 Cr, Up 60% YoY

All Figures Are Consolidated

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