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Country's Fundamentals Strong Due To Government Measures: Finance Minister
Finance Minister Nirmala Sitharaman on Wednesday said that country's fundamentals are sound again due to various measures taken by Centre since 2014
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Higher Taxes Impact Auto Sector, Need To Lower GST Rates: Revenue Secretary
"I quite agree with automotive sector. Two-wheelers and four-wheelers were not only charged 28 per cent Goods and Services Tax (GST) but we also charged cess, which is much more and as I see it will continue for two more years," he said.
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Inflation Remained High During 2020-21 Owing To Covid-Led Disruptions: RBI Report
RBI Annual Report: Public finances were impacted by a cyclical slowdown in revenues, which was exacerbated by Covid-19.
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"Promise Was To End Corona In 21 Days, Ended Jobs Instead": Rahul Gandhi
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
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One Year Of GST: Here's What India Inc Thinks About The Landmark Reform
In a major initiative to ease the tax system of the country, government launched GST on July 1, 2017.
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World Bank Projects India's FY19 GDP Growth At 7.3%
The World Bank on Wednesday projected India's GDP growth at 7.3 per cent for the next financial year
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Budget 2018 Expectations And Reactions To Economic Survey: Highlights
A day after the government released the Economic Survey, reactions to the survey continue to come in. Shedding the impact of the GST and demonetisation, India's economy is "picking up quite nicely", and will expand by 7-7.5 per cent in 2018-19 to again become the world's fastest growing major economy, the Economic Survey said. The economic survey w...
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Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
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GDP Growth Recovers, Arun Jaitley Says "Impact Of Notes Ban, GST Behind Us"
The rebound in GDP growth in the quarter ending September marks the reversal of the economy's downward slide over the last five quarters, Finance Minister Arun Jaitley said on Thursday evening, saying the significant part of data released on Thursday is the growth in manufacturing.
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Former Planning Commission Member N K Singh Appointed Chairman Of 15th Finance Commission
The commission will make recommendations, by October 2019, for five years commencing April 1, 2020, said the notification announcing the constitution of the panel.
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India's Economic Slowdown 'Temporary, An Aberration', Says World Bank
The recent slowdown in India's economic growth is an "aberration" and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said on Thursday, also stating that it will get corrected in the coming months.
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GDP Growth Slides To 5.7%, In June Quarter, Which Is A Three-Year Low
Destocking in the run-up to the July 1 launch of the goods and services tax (GST) and a lingering impact of demonetisation hurt the June quarter GDP numbers, say economists.
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Demonetisation Impact Fading, Reforms To Pay Off: IMF On Indian Economy
The IMF flagged the vulnerability of India's banking system, which is grappling with high levels of bad assets, and high corporate debt levels.
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GST Will Have Positive Impact On India's Tax Revenue, Credit Profile: Moody's
Moody's said will support higher government revenue generation through improved tax compliance.
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GST Is Here. How It Will Impact You In 10 Points
The historic GST or goods and services tax has become a reality. The new tax system was launched at a function in Central Hall of Parliament on Friday midnight. GST, which embodies the principle of "one nation, one tax, one market" is aimed at unifying the country's $2 trillion economy and 1.3 billion people into a common market. Under GST, goods a...
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Country's Fundamentals Strong Due To Government Measures: Finance Minister
Finance Minister Nirmala Sitharaman on Wednesday said that country's fundamentals are sound again due to various measures taken by Centre since 2014
-
Higher Taxes Impact Auto Sector, Need To Lower GST Rates: Revenue Secretary
"I quite agree with automotive sector. Two-wheelers and four-wheelers were not only charged 28 per cent Goods and Services Tax (GST) but we also charged cess, which is much more and as I see it will continue for two more years," he said.
-
Inflation Remained High During 2020-21 Owing To Covid-Led Disruptions: RBI Report
RBI Annual Report: Public finances were impacted by a cyclical slowdown in revenues, which was exacerbated by Covid-19.
-
"Promise Was To End Corona In 21 Days, Ended Jobs Instead": Rahul Gandhi
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
-
One Year Of GST: Here's What India Inc Thinks About The Landmark Reform
In a major initiative to ease the tax system of the country, government launched GST on July 1, 2017.
-
World Bank Projects India's FY19 GDP Growth At 7.3%
The World Bank on Wednesday projected India's GDP growth at 7.3 per cent for the next financial year
-
Budget 2018 Expectations And Reactions To Economic Survey: Highlights
A day after the government released the Economic Survey, reactions to the survey continue to come in. Shedding the impact of the GST and demonetisation, India's economy is "picking up quite nicely", and will expand by 7-7.5 per cent in 2018-19 to again become the world's fastest growing major economy, the Economic Survey said. The economic survey w...
-
Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
-
GDP Growth Recovers, Arun Jaitley Says "Impact Of Notes Ban, GST Behind Us"
The rebound in GDP growth in the quarter ending September marks the reversal of the economy's downward slide over the last five quarters, Finance Minister Arun Jaitley said on Thursday evening, saying the significant part of data released on Thursday is the growth in manufacturing.
-
Former Planning Commission Member N K Singh Appointed Chairman Of 15th Finance Commission
The commission will make recommendations, by October 2019, for five years commencing April 1, 2020, said the notification announcing the constitution of the panel.
-
India's Economic Slowdown 'Temporary, An Aberration', Says World Bank
The recent slowdown in India's economic growth is an "aberration" and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said on Thursday, also stating that it will get corrected in the coming months.
-
GDP Growth Slides To 5.7%, In June Quarter, Which Is A Three-Year Low
Destocking in the run-up to the July 1 launch of the goods and services tax (GST) and a lingering impact of demonetisation hurt the June quarter GDP numbers, say economists.
-
Demonetisation Impact Fading, Reforms To Pay Off: IMF On Indian Economy
The IMF flagged the vulnerability of India's banking system, which is grappling with high levels of bad assets, and high corporate debt levels.
-
GST Will Have Positive Impact On India's Tax Revenue, Credit Profile: Moody's
Moody's said will support higher government revenue generation through improved tax compliance.
-
GST Is Here. How It Will Impact You In 10 Points
The historic GST or goods and services tax has become a reality. The new tax system was launched at a function in Central Hall of Parliament on Friday midnight. GST, which embodies the principle of "one nation, one tax, one market" is aimed at unifying the country's $2 trillion economy and 1.3 billion people into a common market. Under GST, goods a...
