Tag: Tax Rates

Surge in dining and entertainment spending boosts restaurant and cinema revenue ahead of Diwali
Posted in Economy

Surge in dining and entertainment spending boosts restaurant and cinema revenue ahead of Diwali

The positive sentiment behind widespread consumption of goods and services after tax rates were lowered is now percolating to discretionary spending. Restaurant chains, pubs and…

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Tax cut bonanza cleared in GST regime overhaul | Latest News India
Posted in Business

Tax cut bonanza cleared in GST regime overhaul | Latest News India

Taxes on goods spanning household essentials, medicines, small cars and appliances will be slashed from September 22 as the GST Council on Wednesday approved the…

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How are economic recession and depression different from each other?
Posted in Finance

How are economic recession and depression different from each other?

It’s a temporary, but prolonged, period of economic decline, marked by a slowdown in industrial production, and a fall in consumer spending, sales, and employment….

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Budget 2025 could start implementing Direct tax code by cutting tax rates, removing exemptions, lay out road map
Posted in Finance

Budget 2025 could start implementing Direct tax code by cutting tax rates, removing exemptions, lay out road map

There is a buzz going around that Finance Minister Nirmala Sitharaman is likely to introduce a new income tax bill in the budget session of…

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