Category: Economy
With GST 2.0, Govt’s focus shift from capex oriented spending to consumption-led growth: Report
The government’s announcement of GST rationalization under GST 2.0 has set the stage for a major shift in the country’s economic strategy. According to a…
Indian exporters lobby RBI for weaker rupee to offset US tariffs
Indian exporters said they will lobby the central bank to allow them to temporarily convert proceeds from their US business at a rupee rate that’s…
India needs to bring down tariffs to ASEAN level, says member of Economic Advisory Council to PM
Economic Advisory Council to the Prime Minister (EAC-PM) member Rakesh Mohan on Thursday said there is room for India to reduce import duties and efforts…
GST 2.0: Biggest gainers and losers of the new tax regime
Finance Minister Nirmala Sitharaman on Wednesday unveiled tax cuts for hundreds of consumer items, from soap to electronics. India will now have two major slabs…
Government planning to bring shell companies out of their shell
New Delhi: The government is planning to tighten regulations to bring shell companies under stricter supervision and address regulatory blind spots. The ministries of finance,…
GST 2.0 FAQS: Will large cars attract cess? What rate has been set for insurance premium? Will cigarettes get costlier? Check details
GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after…
Govt delivers ‘GST Diwali bonanza’: Cheaper essentials, big relief on insurance premiums
The Centre and states on Wednesday approved the biggest overhaul of the country’s goods and services tax (GST), eight years after it was launched. The…
India’s service activity at 15-year high in August amid 49 straight months of order growth
New Delhi: India’s service activity raced to a 15-year high of 62.9 in August, from 60.5 in July, as robust demand spurred a rush of…