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
4.3 -0.1
Consumer Sentiments Index
Base September-December 2015
92.4 0.0
Consumer Expectations Index
Base September-December 2015
94.8 0.0
Current Economic Conditions Index
Base September-December 2015
88.7 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Mar 16 Jun 16 Sep 16 Dec 16
New projects 3.31 1.54 2.34 1.41
Completed projects 2.27 0.90 2.17 0.85
Stalled projects 1.04 1.32 0.39 0.79
Revived projects 0.62 0.43 0.51 0.17
Implementation stalled projects 0.92 0.50 0.58 0.80
Updated on: 28 Mar 2017 4:20PM
Quarterly Financials of Listed Companies
(% change) Mar 16 Jun 16 Sep 16 Dec 16
All listed Companies
 Income -0.2 -0.9 2.1 6.3
 Expenses 0.8 -0.3 1.9 6.7
 Net profit -29.7 -4.1 14.6 36.2
 PAT margin (%) 4.9 6.9 6.9 6.0
 Count of Cos. 4,452 4,409 4,366 4,313
Non-financial Companies
 Income -2.2 -2.5 0.6 6.1
 Expenses -4.0 -2.9 -0.2 7.6
 Net profit 3.9 9.6 26.6 20.3
 PAT margin (%) 6.1 7.4 6.9 6.1
 Net fixed assets 3.8 -9.2
 Current assets 3.1 8.1
 Current liabilities 10.6 11.6
 Borrowings 6.7 3.1
 Reserves & surplus 7.9 8.4
 Count of Cos. 3,485 3,456 3,424 3,394
Numbers are net of P&E
Updated on: 28 Mar 2017 4:28PM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 11.9 9.4 4.7 0.6
 Expenses 12.1 9.3 4.7 0.8
 Net profit 1.1 -4.2 3.4 -13.0
 PAT margin (%) 3.6 3.2 3.3 3.2
 Assets 14.1 12.3 9.0 7.9
 Net worth 9.5 9.5 8.3 6.4
 RONW (%) 6.8 6.0 6.2 5.5
 Count of Cos. 23,431 20,686 19,475 15,131
Non-financial Companies
 Income 11.1 9.0 3.7 -0.6
 Expenses 11.4 8.7 3.8 -1.4
 Net profit -8.7 -5.6 -2.2 12.8
 PAT margin (%) 2.4 2.1 2.2 2.9
 Net fixed assets 12.8 11.3 12.4 11.0
 Net worth 7.8 8.4 6.8 5.4
 RONW (%) 5.5 4.8 4.9 5.9
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.0 1.9 1.9 2.1
 Net working capital cycle (days) 71 69 68 69
 Count of Cos. 18,019 16,227 15,305 12,140
Numbers are net of P&E
Updated on: 20 Mar 2017 1:24PM

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