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    1. Business News
    2. Authors
    3. prasanta sahu

    Prasanta Sahu

    gst, Goods and Services Tax Council, economy, GST Council, operation sindoor
    Consumption booster from GST slabs rejig planned

    The GST Council may meet in August to discuss slab rejigs aimed at boosting consumption. A simplified tax structure with…

    By Prasanta Sahu
    July 6, 2025 22:06 IST
    sovereign wealth fund, Rajiv Memani, CII, Confederation of Indian Industry, money
    Create a sovereign wealth fund for strategic sectors: Rajiv Memani

    CII president Rajiv Memani urges creation of a sovereign wealth fund by monetising part of India’s Rs 50 lakh crore…

    By Prasanta Sahu
    July 6, 2025 19:29 IST
    unified pension scheme, UPS, national pension system, NPS, tax
    UPS subscribers to get NPS-like tax benefits

    The Centre extends NPS tax benefits to the new guaranteed Unified Pension Scheme (UPS), including deductions, tax-free withdrawals, and annuity…

    By Prasanta Sahu
    July 4, 2025 22:33 IST
    National Pension System, PFRDA, REITS, AIFs, investment
    Govt staff wants Unified Pension Scheme to be tweaked

    Central govt staff seek tweaks to Unified Pension Scheme (UPS), including early pension for paramilitary forces, corpus return on early…

    By Prasanta Sahu
    July 2, 2025 23:02 IST
    Cabinet Approves Twin Boost for India's Economy: Rs 1 Lakh Crore R&D Scheme & Rs 99,446 Crore Employment-Linked Incentive. (Image Source: Freepik)
    Mega schemes for R&D and jobs get Cabinet nod

    The Indian Cabinet has approved two significant schemes to propel economic growth and job creation: a Rs 1 lakh crore…

    By Manu Kaushik
    July 1, 2025 20:05 IST
    India's Tax Reform Plateaus at 6.7% of GDP, PwC Urges "GST 2.0" for Rate Rationalization & Broader Base. (Image Source: Fe)
    GST turns eight Structural recast key to higher revenue productivity

    As India’s Goods and Services Tax (GST) completes eight years, its revenue productivity, though improved post-pandemic, has plateaued around 6.7%…

    By Prasanta Sahu
    June 30, 2025 22:55 IST
    Nirmala Sitharaman
    FE Exclusive | Nirmala Sitharaman says ‘economic buoyancy can’t be overstated’ – Full Interview

    In an exclusive interview with FE, Finance Minister Nirmala Sitharaman talks about economic growth, manufacturing and reform while navigating global…

    By K G Narendranath
    Updated: July 1, 2025 12:09 IST
    Finance Minister, Goods and Services Tax, GST, economy, Nirmala Sitharaman
    Positive sentiment playing out in urban areas too: Finance Minister

    Finance Minister Nirmala Sitharaman signals optimism on private investment, urban recovery, and trade deals with the US. Key reforms in…

    By Prasanta Sahu
    June 29, 2025 23:30 IST
    Insolvency, insurance, I-T Bills likely to be taken up. (Image Source: PTI)
    Monsoon session to see heavy economic agenda

    The upcoming Monsoon Session of Parliament is set to be a pivotal economic event, with a strong focus on boosting…

    By Prasanta Sahu
    June 28, 2025 23:11 IST
    Fiscal, inflationary, fertilisers, Strait of Hormuz, ICRA, GDP, Iran-Israel
    Fiscal and inflationary worries may re-emerge

    Escalating Iran-Israel tensions and US strikes raise risks of inflation, higher crude prices, and fertilizer costs for India. Experts warn…

    By Prasanta Sahu
    June 23, 2025 22:54 IST
    trade, economy, India-US, bilateral trade agreement, BTA, FTA
    Govt ‘confident’ of early-phase trade deal with US by July 9

    The government is confident of sealing the early-phase trade deal with the US by the July 9 deadline, amid ongoing…

    By Prasanta Sahu
    June 23, 2025 19:28 IST
    infrastructure, PPP projects, roadways, highways, investment
    PPP gets a leg up, Rs 86,000-crore projects approved since January

    PPP projects get boost with Rs 86,000 crore approvals in 2025 across roads, railways, tourism, and education sectors. With budgetary…

    By Prasanta Sahu
    June 22, 2025 19:52 IST
    tax, advance taxes, direct tax, money, Tax rates, ICRA, Income Tax department
    Advance taxes grow just 3.6% in Q1

    India’s Q1 FY26 advance tax collections rose just 3.6% YoY to Rs 1.54 lakh crore, hit by income tax reliefs…

    By Prasanta Sahu
    June 17, 2025 22:37 IST
    economy, states capital expenditure, Reserve Bank of India
    States’ capital spending likely grew 21% in April

    States’ capital spending rose 21% YoY in April 2025 to Rs 22,711 crore, reversing last year’s decline, despite weaker tax…

    By Prasanta Sahu
    June 17, 2025 22:02 IST
    The CAG is also modernizing public auditing with generative AI, OCR for voucher verification, and a Standardized Risk Assessment Model. (Image Source: PTI)
    CAG to discuss remote auditing with state finance secretaries 

    The Comptroller and Auditor General of India (CAG) will host a crucial meeting of state finance secretaries in September to…

    By Prasanta Sahu
    June 15, 2025 22:30 IST
    Tax hike subject to 40% rate cap. (Image Source: Freepik)
    GST on sin goods, cars may go up

    India’s GST Council is set to discuss significant reforms, including a potential reduction to two tax slabs and the future…

    By Prasanta Sahu
    June 15, 2025 17:27 IST
    The meeting will assess PSBs' profitability (which saw a 26% growth in FY25). (Image Source: Financial Express)
    FM to review performance of PSBs on June 27

    Finance Minister Nirmala Sitharaman is scheduled to review the performance of Public Sector Banks (PSBs) on June 27, following the…

    By Prasanta Sahu
    June 14, 2025 06:14 IST
    On June 20, the CBIC meeting will scrutinize timely GST and Customs refund processing, cargo clearance dwell times and others. (Image Source: Fe)
    Sitharaman to hold key meetings with I-T, GST, customs officers

    Finance Minister Nirmala Sitharaman is scheduled to meet with top income tax, GST, and customs officials to review performance and…

    By Prasanta Sahu
    June 14, 2025 06:09 IST
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