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    1. Business News
    2. Authors
    3. prasanta sahu

    Prasanta Sahu

    Goods and Services Tax, GST, economy, Jan Vishwas Bill, Lok Sabha
    Quick set of reforms to follow GST reset

    The Centre plans quick follow-up reforms after GST restructuring by September-October 2025. A new Task Force will outline next-gen reforms…

    By Prasanta Sahu
    August 17, 2025 20:22 IST
    Money, tax, Goods and Services tax, GST, finance ministry
    Diwali gift for aam aadmi: Two-tier GST regime by October

    Govt plans a two-tier GST structure by October with 5% and 18% slabs, cutting tax on daily-use goods like cement,…

    By Prasanta Sahu
    Updated: August 16, 2025 00:04 IST
    India's Direct Tax Collections Fall 4% Amid Budget Relief and Higher Refunds. (Image Source: Reuters)
    Direct tax receipts fall 4%, annual target looks difficult

    India’s net direct tax collections have dropped by nearly 4% as of August 11, weighed down by tax relief measures…

    By Prasanta Sahu
    August 12, 2025 19:17 IST
    India's Economy Faces a Strategic Crossroads Amid Global Trade Uncertainty. (Image Source: Reuters)
    Push domestic demand, but don’t get into the groove: Experts

    Trump’s punitive tariff on India has revived the “Swadeshi” mantra. FE examines whether the country can meet its growth targets,…

    By Prasanta Sahu
    August 11, 2025 18:08 IST
    50% US Tariff Could Shave Up to 100 Bps Off India's GDP, Say Analysts. (Image Source: Canva)
    Loss of US market share may shave off growth by up to 100 bps

    A proposed 50% US tariff on Indian goods, a retaliation for Russia oil imports, could significantly impact India’s economic growth,…

    By Prasanta Sahu
    August 7, 2025 19:29 IST
    DBT, economy, MGNREGS, PM-KISAN, direct benefit transfer
    DBT saved Rs 4.31 lakh crore to exchequer by plugging leakages

    DBT helped the government save Rs 4.31 lakh crore since FY15 by removing fake beneficiaries and plugging subsidy leakages across…

    By Prasanta Sahu
    August 3, 2025 23:16 IST
    LIC
    Merchant bankers appointed for OFS in LIC and other financial institutions

    The merchant bankers and legal advisers have been appointed for three years to undertake minority stakes sales at opportune times…

    By Prasanta Sahu
    August 2, 2025 07:23 IST
    IDBI Bank, BFSI, banking, LIC, Reserve Bank of India, Securities and Exchange Board of India
    IDBI Bank sale by March, financial bids in Q3

    IDBI Bank’s strategic sale is on track, with financial bids expected by December and completion by March. The government and…

    By Prasanta Sahu
    August 1, 2025 23:18 IST
    jane Street, income tax department, SEBI, Nuvama, market
    Jane Street not co-operating with I-T probe

    Jane Street is under scrutiny for alleged index manipulation and not cooperating with India’s I-T probe, citing offshore servers and…

    By Prasanta Sahu
    August 1, 2025 21:29 IST
    Income Tax Bill, Income Tax Act, Lok Sabha, Goods and Services Tax, GST
    Only a few hundred more words required for complete clarity in I-T Bill: Baijayant Panda

    The new Income Tax Bill 2025, set to replace the existing I-T Act, aims for clarity over brevity. With over…

    By Prasanta Sahu
    August 1, 2025 18:36 IST
    US Tariffs and Russia Penalty Could Shave 20-40 BPS Off India's FY26 GDP Growth. (Image Source: Canva)
    US tariff seen to pull down GDP growth by up to 0.4 pps

    Analysts predict a 20-40 basis point hit to India’s FY26 GDP growth if new US tariffs (25% plus a Russia…

    By Prasanta Sahu
    July 31, 2025 20:54 IST
    Ashok Chandra, MD & CEO, Punjab National Bank. (Image Source: Company)
    ‘Aim to grow RAM portfolio to 60%’, says Ashok Chandra

    Punjab National Bank (PNB) aims for 11-12% credit growth and 9-10% deposit growth in FY26, according to MD & CEO…

    By Kshipra Petkar
    July 31, 2025 06:00 IST
    IMF, GDP, Economy, International Monetary Fund, GDP growth
    IMF raises India’s FY26 growth forecast to 6.4%

    IMF raises India’s FY26 GDP growth forecast to 6.4%, citing a stronger external environment. India is also projected to become…

    By Prasanta Sahu
    Updated: July 29, 2025 19:48 IST
    technology, research, agriculture, MSME, economy, RBI, GDP
    ‘Structural change in output and employment needed for higher growth,’ says S Mahendra Dev

    Structural reforms in output and employment are key for India’s long-term growth, says S Mahendra Dev. In an interview, he…

    By Prasanta Sahu
    July 28, 2025 19:42 IST
    Indian States Boost Capital Expenditure by 30% in Q1 FY26. (Image Source: Canva)
    States likely lifted Q1 capex 30% amid slowdown

    States in India significantly increased their capital expenditure by an estimated 30% year-on-year in Q1 FY26, reaching ₹95,823 crore, as…

    By Prasanta Sahu
    July 27, 2025 20:55 IST
    Ajay Seth, incoming chairperson, Insurance Regulatory and Development Authority of India. (Image Source: Twitter)
    NewsPoint: Ajay Seth: With an eye for detail

    Given his vast experience in the financial sector, Seth’s tenure in IRDAI will likely set the bar a notch higher.

    By Prasanta Sahu
    July 24, 2025 21:18 IST
    CBDT Confident of Meeting FY26 Direct Tax Target Amidst Automated Scrutiny & Faster Refunds.
    Just 0.3% of I-T returns selected for scrutiny’

    Despite a moderation in current direct tax collections due to higher refunds and a shifted ITR filing deadline, CBDT Chairman…

    By Prasanta Sahu
    July 23, 2025 23:42 IST
    Tax Dept to Define SOPs for Digital Searches to Balance Privacy and Fraud Probe. (Image Source: Express Photo)
    SOPs in the works to protect taxpayers’ digital privacy

    The Income Tax Department, under the new Income Tax Bill 2025, will establish Standard Operating Procedures (SOPs) for search and…

    By Prasanta Sahu
    July 23, 2025 20:06 IST
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