Tag: FINANCE

World Bank Says India to Face Severe Economic Slowdown cuts; GDP Growth Forecast to 6%

RESEARCH REPORTS, Uncategorized
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Economy, Growth, Slowdown, Recession, Unemployment, Vicious Cycle, GDP Estimate, GDP Presumption, GDP, GDP Growth, Fiscal Deficit, India, Asset Bubble, Banking, banking industry, banking risk, commercial mortgages, Crisis in India, FINANCE, Finance Ministry of India, growth, IL&FS, IMF, India, India Fiscal Deficit, Indian Banking Crisis, Indian Banking Industry, Indian Debt, Indian economy, Indian Financial Crisis, Indian Financial Industry, Indian Financial System, Indian GDP, Indian Government, micro finance, Modi government, Narendra Modi, NBFC, NBFC crisis, Nirmala Sitharaman, RBI, Reserve Bank of India, Rural Slowdown, shadow finance, stock market, Systemic Risk, World Bank

The World Bank has slashed India’s GDP growth forecast for the current fiscal to 6% from 7.5%. India’s economic slowdown is “severe,” largely due to external and cyclical factors, including a decline in consumption, the Washington-based institution said. Moreover, the financial sector is becoming a “drag” on growth. Earlier, the RBI and rating agency Moody’s […]

Govt soon to impose GST on Healthcare & Education will be a big blow to the Sector

RESEARCH REPORTS, Uncategorized
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GST, GST TAX, GST on Healthcare, GST on Education, finance, economy, consumption, demand, GST revenues, GST shorfall, GSTN, GST council, budget, GST rates, gst on healthcare services in india, gst exempt health care services, gst on hospital bills, health care services under gst, gst on hospital bill in india, is gst applicable on hospital bills, gst rate on hospital bills, gst on private hospital

The finance ministry may impose 5% goods and services tax on certain items currently exempt and hike rates on some from 5% to 12%, Business Standard reports, citing government officials. For example, private health and education services, which are currently outside the GST ambit, could be taxed. The reason: September GST mop-up fell to a […]

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