The Finapolis - January 2018
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In its continued to bid to bolster or tinker with the economic activity, the Government, which merged the Railway Budget with the general budget, will be presenting its budget on February 1, instead of February 28, departing from an age-old tradition. The GST Council has indeed been addressing issues like cutting down the tax slabs on over 300 items in just a quarter of the year, and regrouping of the slabs. The insolvency and bankruptcy code and the spiraling non-performing assets naturally made the government to introduce Rs. 2.11 lakh crore banking recapitalization. and more on this issue. Happy reading in the new year 2018.
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