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    1. Business News
    2. Authors
    3. prasanta sahu

    Prasanta Sahu

    Janet Yellen, Nirmala Sitharaman, Gujrat, Press conference, United States, Treasury, G20, world leaders, global, India
    India indispensable partner for supply chains, says Yellen

    Bilateral trade between the two countries exceeded $191 billion in 2022, nearly double of that in 2014.

    By Prasanta Sahu
    July 17, 2023 05:15 IST
    G20 summit
    Debt threats, cryptos to top G20 meet agenda

    FM, central bank governors also to focus on strengthening MDBs

    By Prasanta Sahu
    July 14, 2023 03:00 IST
    GST, economy
    “GST revenue buoyant, unfair to compare with compensation period”

    After the Goods and Services Tax (GST) Council on Tuesday clarified that online gaming was always meant to be taxed…

    By Prasanta Sahu
    July 14, 2023 00:15 IST
    DGGI had served a hefty Rs 21,000-crore tax notice to GTPL for not collecting GST on the entire consideration of betting at the rate of 28%
    GST revenue just 2% of e-gaming turnover now: Revenue secy

    In FY23, the Centre collected Rs 1,700 crore GST from online gaming, Rs 300 crore from casinos and Rs 80…

    By Prasanta Sahu
    July 13, 2023 08:27 IST
    MUVs, XUVs to attract 22% cess, sedans exempt
    GST blow to e-gaming

    The GST Council on Tuesday decided to impose a 28% tax on online gaming; 22% cess on the highest slab…

    By Prasanta Sahu
    July 12, 2023 09:16 IST
    Senior Citizens Savings, Senior Citizens Saving scheme, Senior Citizens Saving scheme receipts, Senior Citizens Saving scheme interest,
    Senior Citizens Saving Scheme: Receipts jump 176% in Q1

    Centre may increase reliance on NSSF to finance fiscal deficit

    By Prasanta Sahu
    July 12, 2023 02:30 IST
    Capex, capital expendiyure, capex annual target, annual budget capex
    Capex pace strong, Centre spends a quarter of Rs 10 trn annual target in Q1

    The Centre’s capex was 23.4% of the annual target of Rs 7.5 trillion in Q1FY23.

    By Prasanta Sahu
    July 12, 2023 01:45 IST
    The gaming industry was of the view that if 28% is imposed on the entire contest entry amount
    Rate tweaks, checks on excess credit top GST Council agenda

    Officials are sceptical that GST Council will take a decision on a revised tax structure for the thriving online gaming…

    By Prasanta Sahu
    July 11, 2023 08:53 IST
    economy, economy
    Over Rs 30,000 crore capex loans released to states so far

    The untied funds in FY24 would be released to states in three equal instalments.

    By Prasanta Sahu
    July 10, 2023 04:50 IST
    crude oil, commodities
    Lower oil prices to cut subsidy outgo, support growth, cool inflation

    Indian crude basket seen at least $5/dollar lower than Budget estimates

    By Prasanta Sahu
    July 10, 2023 02:40 IST
    GST, economy
    GST cut on millet mixes may be put off as panel suggests more in-depth study

    In February, the council discussed reduction in the GST rate on millet-based health mix products consisting of at least 70%…

    By Prasanta Sahu
    July 8, 2023 00:45 IST
    Gaming companies charge up to 20% of the contest entry amount, which is called platform fee.
    Ahead of GST meet, rift wide open on e-gaming tax rate

    The Goods and Services Tax (GST) Council to decide on a revised tax structure for the thriving online gaming sector…

    By Prasanta Sahu
    July 7, 2023 11:26 IST
    GST, goods and services tax
    GST on food supplies at cinemas may be cut to 5%

    The Goods and Services Tax Council will likely clarify on Tuesday that the supply of food and beverages at cinemas…

    By Prasanta Sahu
    July 7, 2023 04:30 IST
    The Council will also consider inserting a definition in the GST law
    GST panel suggests cutting tax rate on kachri papad, steel slag

    Currently, pre-packed and labelled papad attract 5% GST.

    By Prasanta Sahu
    July 6, 2023 02:00 IST
    Tax revenues, fiscal deficit, non tax revenues, rbi, dividend recipts,
    Tax revenues, spending in line with Budget: Q1 data signals key fiscal targets on track

    Disinvestment shortfall to be offset by extra Rs 60,000-cr non-tax receipts

    By Prasanta Sahu
    July 5, 2023 00:30 IST
    Pawan Hans, Pawan Hans privatisation, Pawan Hans disinvestment, Pawan Hans news, aviation sector,
    “Winning bidder” Star 9 Mobility disqualified: BPCL, CEL & now Pawan Hans – privatisation plans flounder

    After consideration, the Insolvency and Bankruptcy Board of India (IBBI) has filed a complaint against the concerned consortium member in…

    By Prasanta Sahu
    July 4, 2023 06:00 IST
    capex, capex loan, economy, economy news, centrally sponsored schemes
    Half of capex budget of Rs 10 trillion must be spent by September-end: Finance Ministry

    The idea is to maximise spending in the first half of the year so that at least 50% of annual…

    By Prasanta Sahu
    June 26, 2023 05:15 IST
    IOC, BPCL
    BPCL to raise Rs 17k cr to fuel net-zero plans

    IOC to follow suit with rights issue, HPCL may opt for preferential allotment

    By Prasanta Sahu
    June 24, 2023 05:45 IST
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    Commodity super-cycle beckons: Nifty metal index poised for new bull run in 2026.

    Forget gold: Why 2026 will be the year of the metal super-cycle

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