Category: Economy
GAAR shadow over payments abroad worries India Inc
India Inc is awaiting the government to clear the fog on invocation of the General Anti-Avoidance Rules (GAAR), which deters aggressive tax planning, on a…
India has managed war disruptions better than many other economies: P D Singh
Indian companies and banks are weathering the impact of the West Asia conflict better than many global peers, with deal pipelines largely intact and only…
Real GDP growth may slow on costly crude: Credit rating agencies
Kolkata | Mumbai: India’s real GDP growth, which includes the price deflator impact, may moderate to 6.5% or below in FY27 after the Iran war…
USTR lists India’s UPI and data rules as trade barriers
New Delhi: The US has listed India’s preference for use of domestic satellites for direct-to-home (DTH) television services, the inability of American electronic payment services…
SEZ units can sell locally at lower duty for one year
New Delhi: In a relief to exporters, India has announced a one-time relief measure for units in special economic zones (SEZ), allowing them to sell…
Despite rate reset, GST collection rises on strong consumption
New Delhi: India’s goods and services tax (GST) collections closed on a firm footing in the just-ended fiscal year, with March collections crossing ₹2 lakh…
India permits exports of essential commodities to Maldives for 2026-27
New Delhi, India on Wednesday permitted export of specified quantities of certain commodities like eggs, potatoes, onions, rice, wheat flour, sugar, and dal for the…
New I-T Act marks new chapter in India’s tax administration, step towards Viksit Bharat: CBDT
The Income Tax Act, 2025, which came into force from Wednesday, marks a new chapter in India’s tax administration and is an important step towards…
Lok Sabha passes Jan Vishwas amendment bill
New Delhi, The Lok Sabha on Wednesday passed a bill to amend certain provisions in different laws for decriminalising and rationalising minor offences to further…
RBI says 98.45 pc of withdrawn Rs 2,000 banknotes returned
Mumbai, The Reserve Bank of India (RBI) on Wednesday said 98.45 per cent of the Rs 2,000 banknotes in circulation have been returned. The central…