Business

Many months to know full impact of GST in entertainment sector

Many months to know full impact of GST in entertainment sector

All output taxes to be credible on the provision of services to the seller while the online marketplace can also claim the credit for all taxes on the input side (currently taxes on procurements becomes cost). In addition, value-added tax ( VAT ) is also payable on construction material at 12.5-14.5 per cent in most states. The new tax will replace the patchwork of indirect taxes now levied by the Central and State governments.



Asian Stocks Set to Slide as Bonds Rise After Fed: Markets Wrap

Traders now see March 2018 as the earliest meeting at which the US central bank would next lift its target for overnight borrowing costs, giving it about a 52 percent chance, based on fed funds futures traded at CME Group. The rate hike should not come as a surprise for investors on Wall Street. For Treasury securities, the Fed said it will begin reinvesting only those that exceed a cap of $6 billion a month, initially.



Oil in Global Economy Series: OPEC May deal compliance review

Last month, OPEC and some non-OPEC producers extended a deal to cut 1.8 million barrels per day in supply until March 2018. Oil markets tanked by almost 4% on Wednesday, with WTI hitting its lowest level since November , following U.S.



Oil prices fall on OPEC output increase, rising USA crude stocks

Oil prices remain low on Thursday as increased in global oil stocks and skepticisms over the Organization of Petroleum Exporting Countries' ( OPEC ) ability to carry out production cuts is putting pressure over the commodity. Global oil output will expand faster than worldwide demand for oil next year, primarily as USA producers rack up production, and that could hamper exporters' efforts to prop up prices, the IEA said Wednesday .



The Getty Realty Corporation (GTY) Getting Somewhat Negative News Coverage, Study Shows

It has outperformed by 117.05% the S&P500. The firm owned 31,499 shares of the real estate investment trust's stock after selling 819 shares during the period. For the outlook of the current financial quarter, Analysts think the firm will post 0.38 earnings per share. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company's stock .


Trump says Scalise remains 'in some trouble' after shooting

Trump says Scalise remains 'in some trouble' after shooting

The bullet struck Scalise in the hip, and traveled across his body, shattering bones and passing through internal organs, causing major internal bleeding. Speaking before Central American leaders at a prosperity and security conference organized by the State Department and Homeland Security Department here, Pence said he and President Donald Trump were "deeply saddened" when they received the news Wednesday.