6-month GST holiday for virus-hit firms?

Other proposals include switch to a cash-based tax system from current invoice-based one.

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THE ECONOMIC TIMES NEWS DIGEST Mon, Apr 27, 2020 | 04:00 PM IST

Dear Reader, here are top stories of the day.

epaper 6-month GST holiday for virus-hit firms? Other proposals include switch to a cash-based tax system from current invoice-based one.... PMO divides work into 15 verticals The cells or verticals will report either to principal secretary to PM, PK Mishra, National Security Advisor Ajit Do... Lockdown puts rural economy under stress The prolonged lockdown along with rain and hailstorm in many regions has heightened rural distress, pushing anxious ...

Today's Highlights Final week of lockdown: What states have done so far Even as India scrambles to contain the coronavirus outbreak that has claimed over 800 lives and affected almost 28,00... Fixed broadband, data usage surge due to lockdown A Crisil note said due to the aggressive play by the telcos, the number of subscribers has stagnated at 19 million si... Will have to save both economy and lives: PM to CMs In a video conference with the chief ministers, fourth such interaction since March 22 when he first spoke to them on...

Wealth Charlie Munger on how to ride out the covid storm Buffett and Munger's diaries are blank, just like those of everyone else on the planet.... Franklin fallout: How to avoid the financial covid The Franklin fiasco, where six mutual funds were closed down by the fund house, has added to the worries of investors... Is PMS better than MFs in a slump? Both equity mutual funds and PMS funds have taken a similar hit on returns in the market correction. While both manag...

Tech US fiscal stimulus will keep IT downside in check: Infosys The US government's massive $2-trillion stimulus is expected to provide liquidity to companies, including banking and... Reliance and Facebook that rolled JioMart WhatsApp will have long term benefits for both: Credit Suisse Facebook gets the majority of revenues from advertisements but is also venturing into commerce (Facebook Marketplace,...

Industry Lockdown's harvest: Niche grocers are filling many more baskets While supply chain disruptions have wreaked havoc with established organised trade, a small bunch of niche enterprise... Mumbai struggles with bed shortage, pvt hospitals shut The sealing of Wockhardt and Jaslok hospitals has taken nearly 800 beds out of the system. Both hospitals have still ... Pune firm plans to ready 20-40 million Covid 19 vaccine shots for launch by Sept-Oct Pune-based Serum Institute, credited with affordable and innovative therapies like pneumonia and dengue monoclonal va...

News Covid-19: BJP collects feedback from the ground, Centre accepts Many suggestions were given by the party when the government was planning to ease the lockdown after the first phase ... HCCB announces 7-8% increments; no salary reduction or lay-offs With 15 factories in India, the asset-heavy HCCB which makes Coke, Sprite and Thums Up aerated drinks, and Minute Mai... North Korea's Kim 'alive and well': Seoul A top security adviser to the South's President Moon Jae-in said said that Kim had been staying in Wonsan -- a resort...

RISE Paytm in funding talks with Microsoft to build war chest The proposed fund raise, which may amount to around $100 million (Rs 760 crore), is likely to be an extension of a pl... Most SMEs have run out of cash: Survey About 24% of respondents said they have cash reserves to sustain their businesses for the next one to three months, w... Sequoia Surge backs seven Indian startups in the third batch The $200-million fund, led by former Google top executive Rajan Anandan, has made 15 investments across India and Sou...

Mutual Funds View: Templeton fund freeze leaves a dangerous hole Losses will be felt in the personal balance sheets of mom-and-pop investors.... Debt fund managers relieved as RBI opens special liquidity window for mutual funds The mutual fund industry heaved a sigh of relief after the Reserve Bank of India opened a Rs 50,000-crore special liq... Debt mutual fund categories with minimum risk Here is a list of popular debt mutual fund categories. ...

Panache Google helps kill boredom amid Covid-19, launches a series of throwback doodles of its most popular games Google is helping us beat lockdown blues with a series of fun doodles. ...

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