Cabinet approves four GST bills

Approval paves way for timely implementation

by Natasha Nadkar

The Cabinet has approved four GST related bills namely, the Central GST Bill 2017 (CGST Bill), Integrated GST Bill 2017 (IGST Bill), Union Territory GST Bill 2017 (UTGST Bill) and the GST (Compensation to the States) Bill 2017 (Compensation Bill) today. These four bills have been earlier approved by the GST council. GST is expected to be implemented from 1 July 2017.

References
1. http://pib.nic.in/newsite/erelcontent.aspx?relid=159523
CMIE STATISTICS
Unemployment Rate
Per cent
3.5 +0.0
Consumer Sentiments Index
Base September-December 2015
96.7 +0.2
Consumer Expectations Index
Base September-December 2015
96.2 0.0
Current Economic Conditions Index
Base September-December 2015
97.3 +0.5
Quarterly CapeEx Aggregates
(Rs.trillion) Jun 16 Sep 16 Dec 16 Mar 17
New projects 1.46 2.37 1.42 2.92
Completed projects 0.91 2.21 0.90 1.77
Stalled projects 1.40 0.64 1.01 0.35
Revived projects 0.40 0.51 0.17 0.62
Implementation stalled projects 0.50 0.37 0.80 0.27
Updated on: 29 Jun 2017 12:20PM
Quarterly Financials of Listed Companies
(% change) Jun 16 Sep 16 Dec 16 Mar 17
All listed Companies
 Income -0.9 2.1 6.2 10.2
 Expenses -0.3 1.9 6.4 11.8
 Net profit -4.0 14.6 38.9 17.9
 PAT margin (%) 6.9 6.9 6.1 6.2
 Count of Cos. 4,521 4,491 4,487 4,311
Non-financial Companies
 Income -2.5 0.6 6.0 11.7
 Expenses -2.9 -0.2 7.3 15.4
 Net profit 9.7 26.7 23.4 -1.4
 PAT margin (%) 7.4 6.9 6.3 6.4
 Net fixed assets -9.2 7.7
 Current assets 8.1 2.4
 Current liabilities 11.6 9.4
 Borrowings 3.1 5.5
 Reserves & surplus 8.4 7.7
 Count of Cos. 3,515 3,491 3,491 3,365
Numbers are net of P&E
Updated on: 29 Jun 2017 12:30PM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 12.5 9.9 5.0 1.0
 Expenses 12.8 9.8 5.0 1.1
 Net profit 1.1 -2.1 2.0 -11.6
 PAT margin (%) 3.6 3.2 3.3 3.2
 Assets 14.3 12.2 9.3 8.1
 Net worth 9.6 9.5 8.6 7.4
 RONW (%) 6.8 6.2 6.2 5.6
 Count of Cos. 24,675 22,117 21,242 17,323
Non-financial Companies
 Income 11.8 9.6 4.1 0.0
 Expenses 12.2 9.2 4.2 -0.8
 Net profit -8.5 -2.4 -5.0 12.5
 PAT margin (%) 2.4 2.2 2.2 2.9
 Net fixed assets 12.9 11.6 13.0 12.4
 Net worth 7.8 8.6 7.3 6.7
 RONW (%) 5.5 5.1 4.9 5.9
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.1 1.9 1.9 2.1
 Net working capital cycle (days) 72 69 66 66
 Count of Cos. 19,170 17,554 16,934 14,134
Numbers are net of P&E
Updated on: 08 Jun 2017 2:48PM

New address type added, Promoters' shareholding pledge reports added