Category: Economy
CBDT eases TDS compliance for property buyers dealing with non-residents
The Central Board of Direct Taxes (CBDT) has simplified tax deducted at source (TDS) compliance for resident individuals and Hindu undivided families (HUFs) purchasing immovable…
Cannot rest on tailwinds, have to be conscious of risks, says PM’s Principal Secretary
Mumbai: India has to be conscious of the risks from geoolitical developments and has to be prepared to make changes in its economy to manage…
NABARD brings banks, government together to ease Kisan Credit Card access in Delhi
NABARD’s New Delhi Regional Office organised a “Stakeholders Meet: Issues and Challenges in Issuance of KCC” in Delhi on Wednesday, bringing together senior officials from…
Financial sector funding: Financial sector must fund next generation of enterprises, not just next year’s growth: P K Mishra
Mumbai: The financial sector must move beyond financing near-term growth and focus on funding the next generation of Indian enterprises, Principal Secretary to the Prime…
BRICS should work together on transfer pricing as disputes burden developing nations: FM
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday urged BRICS nations to share their experiences on treaty interpretation and multilateral negotiations in international taxation, saying…
ADB raised India’s FY27 growth forecast to 7%
The Indian economy is projected to grow 7% year-on-year in FY27, higher than the 6.6% forecast made in July, supported by strong public investment and…
India’s farmers cut back on seeds, fertilisers as rains fail, Rallis India CEO says
India’s weak monsoon is prompting farmers to cut spending on pesticides, fertilisers and seeds this year, the chief executive of Tata Chemicals unit Rallis India…
OECD raises raises India’s FY27 GDP growth forecast by 80 bps to 7.1%
OECD on Wednesday raised its forecast for India’s FY27 economic growth by 80 basis points to 7.1%, from 6.3% projected in June. In its September…
Where’s the GDP debate? The world is raising a toast to India
The world seems to be raising a toast to the Indian economy. Fitch Ratings on Wednesday raised India’s FY27 growth forecast to 6.9% from 6.4%,…
Sugar industry rejects profiteering claims, says mills sold less than 2.5% of annual demand at August peak
Rejecting claims of profiteering, the sugar industry said that mills across India sold just over 7 lakh metric tonnes (LMT) of sugar at elevated prices…