Category: Economy
GST Council meet: Scrapping tax officers’ arrest powers, decriminalisation among reforms on agenda
New Delhi: The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, on Thursday started deliberations on sweeping policy reforms, like scrapping…
UPI MDR rollout may be deferred beyond festive season to Jan 1; shares fall: Report
A proposal to defer the rollout of merchant discount rates (MDR) on Unified Payments Interface (UPI) to January 1 from October 15 is under consideration,…
GST Council: Will Consumers Pay Less? | The Morning Brief – The Economic Times Video
Ahead of the GST Council meeting, Bipin Sapra, Partner and Indirect Tax Policy Leader, EY India, explains to Anirban Chowdhury the proposed changes to input…
Economists see food, oil stoking India’s September inflation
Bengaluru: India’s consumer inflation likely accelerated in September, moving closer to the upper end of the Reserve Bank of India‘s 2%-6% target range as higher…
GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reforms
The Goods and Services Tax (GST) Council is set to consider a sweeping package of reforms on Thursday that could remove the power of tax…
RBI raises repo rate to 5.5% in first hike under Governor Sanjay Malhotra, shifts stance to ‘calibrated tightening’
Mumbai: The Reserve Bank of India (RBI) on Wednesday expectedly raised its benchmark repo rate to 5.5% in the first such increase since February 2023,…
What will happen to economy if India-US FTA doesn’t happen? RBI Governor reveals
MUMBAI: The central bank governor Sanjay Malhotra said that the failure in closing the India-US bilateral trade deal could have a negative impact on the…
Government to review fixed costs for urea plants, subsidy payouts may change
New Delhi: The government is setting up a sub-committee to review the fixed-cost component used to calculate payments to domestic urea producers, said people aware…
Annual pass takes a toll, transactions dip 5.2% in H1
New Delhi: In a first, India’s toll volume fell in the first six months of the current financial year while the rise in toll value…
Lakhpati Didi scheme boosts household income: IIM Study
New Delhi: The government’s Lakhpati Didi initiative has helped increase household income and savings, expand women-led enterprises and diversify livelihoods, and strengthen women’s role in…