Category: Economy
GST returns pending for 3 years to get time-barred from November tax period: GSTN
Businesses will not be able to file GST returns which are due for three years or more beginning the November tax period, GST Network (GSTN)…
India should continue trade negotiations with US, fasten FTA talks: EAC-PM chairman Dev
India should diversify exports to other countries, fasten free trade agreement (FTA) negotiations and also continue dialogues with Washington to conclude the proposed Bilateral Trade…
India’s forex reserves fall by $6.92 billion to $695.36 billion for week ending Oct 24
India’s foreign exchange reserves fell by $6.92 billion to $695.36 billion for the week ending October 24, the Reserve Bank of India (RBI) said on…
India’s April-September fiscal deficit at Rs 5.73 lakh crore, widens on-year to 36.5% of FY26 aim
India’s fiscal deficit for the first six months of this fiscal year through September stood at 5.73 lakh crore rupees, or 36.5% of annual estimates,…
US’ Golden Gate move signals a likely shift in India strategy
The US has extended its sanctions waiver for India’s operations at Iran’s Chabahar Port, a move that on the surface looks procedural but in reality…
GST collection sparkles despite wholesale cuts; Govt foresees marginal shortfall from budget estimates, upbeat about Oct numbers
New Delhi: India’s goods and services tax (GST) revenues have remained robust even after early September’s sweeping structural rationalisation that slashed rates on 99% of…
China green flag up: 4 Indian cos can import rare earth magnets
New Delhi: China has resumed supplying heavy rare earth magnets to India after six months, providing relief to companies in the electric vehicle, renewable energy,…
Housing index: Rural rent in, staff accommodation out
The housing index in the new inflation series will include rural areas alongside urban centres, but exclude government and employer-provided accommodations as they don’t reflect…
Income Tax Tribunal move to back 22% tax on capital gains sparks row
Mumbai: In a bizarre decision that has spawned surprise and scorn in the tax world, an Income tax (I-T) tribunal, which is a quasi-judicial body,…
Policy push tariff hike on peas may boost pulses sowing in Rabi
New Delhi: Sowing of rabi (winter) pulses-chana and masoor-is expected to pick up after the government’s move to impose 10% import duty and additional 20%…