Category: Economy
GST Council may clear sweeping compliance reforms; e-commerce sellers, genuine buyers to get relief
The GST Council is expected to evaluate a series of major procedural reforms aimed at simplifying tax compliance for businesses. Key measures on the table…
Employers may soon be able to claim ITC on GST paid for employee insurance cover
New Delhi: The GST Council is expected to consider a proposal in its meeting on October 7 to allow employers to claim input tax credit…
GST 2.0’s next move: Council may scrap officers’ arrest powers, raise prosecution bar to Rs 5 crore
The Goods and Services Tax Council is likely to consider a sweeping overhaul of tax enforcement at its October 7 meeting, including scrapping the power…
India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh Garg
India’s stronger-than-expected economic performance is prompting international ratings agencies and research firms to raise their growth forecasts, with sustained investment and robust corporate activity pointing…
RBI may increase rates by 0.25 pc in Oct policy amid inflationary pressures, experts poll shows
Mumbai: The Reserve Bank of India (RBI) is likely to increase the repo rate by 0.25 per cent in the October monetary policy review due…
GVC integration, supply chain resilience, FTAs key to boost exports, high-end manufacturing: Deloitte India
New Delhi: Deepening integration into global value chains (GVCs), strengthening supply chain resilience and enhancing utilisation of free trade agreements (FTAs) are key to boosting…
India, Canada begin fifth round of CEPA talks on October 5
India and Canada are set to hold the fifth round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) in Ottawa from October 5,…
Textile output surges, but apparel production stays in the red. What’s driving the divergence?
New Delhi: The government’s industrial output data, which showed robust growth in August this year, buoyed by the overall manufacturing sector’s performance, indicated a prolonged…
Highway strengthening & widening: Nitin Gadkari announces over Rs 500 crore for highway strengthening & widening in Bengal: What will change for commuters travelling on NH-14 and NH-114
Union Road Transport and Highways Minister Nitin Gadkari has announced an allocation of Rs 508.66 crore for strengthening and selective widening of two national highways…
RBI repo rate may climb to 6% in FY27; G-Sec yields face upward pressure: Report
The Reserve Bank of India (RBI) is expected to raise the repo rate by 25 basis points in October, with further hikes likely in FY27…