Category: Economy

csr: Input Tax Credit cannot be claimed on goods/services used for CSR activities: Budget 2023
Posted in Economy

csr: Input Tax Credit cannot be claimed on goods/services used for CSR activities: Budget 2023

The Budget on Wednesday proposed certain amendments in GST Act and said that input tax credit cannot be claimed on goods/ services used or intended…

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apple growers budget: Union budget disappoints apple growers in Himachal
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apple growers budget: Union budget disappoints apple growers in Himachal

The Union budget for 2023-24 failed to meet the aspirations of apple growers in Himachal Pradesh as there is no mention of import duty on…

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India's jobless rate declined to four-month low of 7.14% in January- CMIE
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India’s jobless rate declined to four-month low of 7.14% in January- CMIE

India’s unemployment rate fell to 7.14% in January, the lowest in four months, from 8.30% in the previous month, data from the Centre for Monitoring…

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food subsidy bill india: India’s food subsidy bill cut by 22%, fertiliser 31%
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food subsidy bill india: India’s food subsidy bill cut by 22%, fertiliser 31%

The Narendra Modi government on Wednesday slashed its fertiliser and food subsidies by 22% and 31% each for the upcoming fiscal. India’s expenditure on overall…

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Fiscal math: Budget 2023-24: How the big numbers stack up in Sitharaman's fiscal math
Posted in Economy

Fiscal math: Budget 2023-24: How the big numbers stack up in Sitharaman’s fiscal math

How much is the government expecting to earn, how much does it plan to spend, and how will it finance the gap? In her Budget…

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budget custom duty: Domestic manufacturing gets a push in Budget with changes in custom duty
Posted in Economy

budget custom duty: Domestic manufacturing gets a push in Budget with changes in custom duty

The government has given a fresh push to make in India for the electronics sector in the Budget by lowering custom duties on several components,…

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budget karnataka: Union Finance Minister earmarks Rs 5,300 crore aid for Upper Bhadra project in Karnataka
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budget karnataka: Union Finance Minister earmarks Rs 5,300 crore aid for Upper Bhadra project in Karnataka

Union Finance Minister Nirmala Sitharaman on Wednesday said the Centre would provide Rs 5,300 crore assistance for Upper Bhadra project in poll-bound Karnataka. In her…

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Indian Railways Budget 2023: Government outlines highest ever Rs 2.40 lakh crore boost for Indian Railways in Budget
Posted in Economy

Indian Railways Budget 2023: Government outlines highest ever Rs 2.40 lakh crore boost for Indian Railways in Budget

Nirmala Sitharaman, today, announced a Rs 2.40 lakh crore boost for the Indian Railways, increasing the budgetary allocation for the sector. “This is the highest…

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india: India factory growth slowed to 3-month low in Jan, hiring near pause
Posted in Economy

india: India factory growth slowed to 3-month low in Jan, hiring near pause

India‘s manufacturing industry started the year on a weaker note, expanding at the slowest pace in three months in January as output and sales growth…

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Posted in Economy

Economic Survey 2022-23: A medium-term plan

With global agencies pegging India as a ‘shining star’ amid global turmoil, the Economic Survey presented in Parliament on Tuesday looks ahead to the medium…

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