After rate overhaul, GST set for next big reform; officers’ arrest powers may be scrapped
GST Council is likely to consider this week a sweeping rewrite of GST enforcement that would take arrest powers away from tax officials and require…
India within striking distance of 8% GDP growth, resilience not accidental: Shaktikanta Das
New Delhi: India is within striking distance of 8% gross domestic product (GDP) growth, and a leap towards Viksit Bharat 2047 is within the realm…
GST exemption for banks, nominated agencies for gold, silver imports may be withdrawn
The GST Council is likely to consider a proposal to withdraw Integrated GST (IGST) exemption on gold, silver and platinum imports by banks and nominated…
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,…