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Posted in Economy

Next-gen GST: Taking India’s reform journey forward

India‘s ambition to become a Viksit Bharat requires an economy in which enterprises of every size can grow, wherever they begin. Over the past 12…

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Karnataka gig workers seek implementation of welfare schemes
Posted in Startups

Karnataka gig workers seek implementation of welfare schemes

Gig workers’ unions on Sunday urged Karnataka Platform-Based Gig Workers Welfare Board to adopt welfare schemes for platform workers, saying benefits promised under the law…

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Posted in Economy

RBI could keep rates higher for longer amid global and local risks

Mumbai: Overseas developments could play a greater role in the Reserve Bank of India’s monetary policy decisions as financial risks become more cross-border and interconnected,…

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Posted in Economy

India’s strong growth fundamentals face risks from prolonged external shocks: Erik Berglof

New Delhi: India’s strong growth fundamentals remain intact, but prolonged external shocks and global uncertainty could create significant risks for the economy, Erik Berglof, Center…

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Posted in Economy

Capital limited but confidence in rules of trade, fiscal path of large economies: DEA secretary

New Delhi: Economic affairs secretary Anuradha Thakur Sunday said that surpluses and deficit become sources of friction and the price of capital further rises when…

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Microsoft stock trades near $518 as investors watch for a possible 10th share split. (REUTERS)
Posted in Business

Microsoft stock at $518: Why a 10th share split may not happen anytime soon

Microsoft shares were trading near $518. This is less than 5% below its record closing price of $542, which it reached in October last year….

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The GST registration process is also being redesigned so applications can be completed correctly the first time. (HT_PRINT)
Posted in Business

GST Council may clear sweeping compliance reforms; e-commerce sellers, genuine biz to get relief

The GST Council is likely to consider sweeping process reforms on Wednesday to make tax compliance easier for businesses, including allowing small e-commerce sellers to…

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Serious cases involving deliberate evasion or fraud could continue to be prosecuted through the courts, they said.
Posted in Business

After rate overhaul, GST set for next big reform; officers’ arrest powers may be scrapped

GST Council is likely to consider this week a sweeping rewrite of GST enforcement that would take arrest powers away from tax officials and require…

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Posted in Economy

India within striking distance of 8% GDP growth, resilience not accidental: Shaktikanta Das

New Delhi: India is within striking distance of 8% gross domestic product (GDP) growth, and a leap towards Viksit Bharat 2047 is within the realm…

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Posted in Economy

GST exemption for banks, nominated agencies for gold, silver imports may be withdrawn

The GST Council is likely to consider a proposal to withdraw Integrated GST (IGST) exemption on gold, silver and platinum imports by banks and nominated…

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