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    1. Business News
    2. Authors
    3. priyansh verma

    Priyansh Verma

    Introduction

    Correspondent at Financial ExpressRead More

    Author's image

    Correspondent at Financial Express

    Author's image
    By Priyansh Verma
    Insurance GST likely to be slashed to 5%. (Image Source: Freepik)
    GST on insurance may be slashed to 5%

    The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums…

    By Priyansh Verma
    March 23, 2025 19:19 IST
    inflation, e-commerce, economy. CPI, consumer price index, National Statistical Commission
    Separate e-commerce inflation index likely

    The Ministry of Statistics plans a new inflation index tracking e-commerce prices, aiming to better capture price trends and consumption…

    By Priyansh Verma
    March 21, 2025 21:08 IST
    NSO, GST data, GDP, economy, PFCE, Annual Survey of Industries, ASI,
    NSO to use GST data for GDP estimate in new series

    NSO to use GST data for more accurate GDP estimates in new series, improving private consumption measurement and reducing GDP…

    By Priyansh Verma
    Updated: March 21, 2025 17:00 IST
    PPT clause, GAAR, CBTD, Money, general anti-abuse rules, Central Board of Direct Taxes
    Govt can act against tax treaty abuse despite PPT clause: Experts

    CBDT clarifies that the principal purpose test (PPT) will apply prospectively to DTAAs with PPT clauses, while grandfathered investments remain…

    By Priyansh Verma
    March 20, 2025 05:39 IST
    Parliamentary panel, I-T Bill, Income tax bill, money, tax, CBDT, Central Board of Direct Taxes
    Parliamentary panel to review stakeholder comments on new I-T Bill

    CBDT invites stakeholder suggestions on the new Income Tax Bill, 2025, to simplify rules, reduce compliance burden, and enhance transparency…

    By Priyansh Verma
    March 18, 2025 22:42 IST
    JM Financial Products, Bankruptcy, Ariisto Realty, commercial real estate, office space, corporate insolvency, CIRP, RBI, NBFC, NCLT, ownership transfer, possession, real estate
    IBBI mandates ‘robust’ disclosure of losses carried forward in CIRP

    IBBI mandates detailed loss disclosures in insolvency process. Aims to boost transparency, aid resolution plans, and improve creditor recoveries.

    By Priyansh Verma
    March 18, 2025 22:18 IST
    Pronab Sen
    ‘Private capex just refuses to move, it’s a crisis of confidence’, Pronab Sen

    “Cheap imports (from tariff cuts for the US) could directly threaten sales of domestic agriculture products in urban rather than…

    By Priyansh Verma
    Updated: March 19, 2025 09:29 IST
    FY25 advance taxes rise 14.6%, with only a 3% increase in Q4. (Image Source: Pixabay)
    FY25 advance taxes grow 14.6%; Q4 rise at just 2.4% 

    Advance tax collections for the current fiscal reached Rs 10.45 lakh crore, up 14.6% from Rs 9.11 lakh crore last…

    By Priyansh Verma
    March 18, 2025 00:45 IST
    The first of a two-part series on sector readiness for reciprocal tariffs. (Image Source: Freepik)
    Market access worry prompts industry’s zero-for-zero line

    The first of a 2-part series on how various sectors are prepared to face reciprocal tariffs.

    By Priyansh Verma
    March 16, 2025 23:56 IST
    CGST officials in the recent months have investigated over two dozen textile manufacturing companies. (Image Source: Freepik)
    Textile units under GST lens for mis-classifying services

    Several units found to wrongly classify “processing activities” to evade tax.

    By Priyansh Verma
    March 16, 2025 19:32 IST
    Economy, RBI, Reserve Bank of India, ICICI Securities Primary Dealership, I-SEC PD, Inflation, MPC, CPI Inflation
    Chances brighten for back-to-back rate cuts

    The RBI has projected CPI inflation to average 4.2% in FY26, down from 4.8% in FY25.

    By Priyansh Verma
    March 14, 2025 20:35 IST
    job creation, jobs, career, employment, Annual Survey of Industries, Annual Survey of Unincorporated Sector Enterprises, ASUSE
    Real-time data on job creation soon

    In the absence of real-time data, policy makers currently rely on the Periodic Labour Force Survey (PLFS) to assess the…

    By Priyansh Verma
    March 10, 2025 21:54 IST
    Jaiprakash Associates, bidding, acquisition, CIRP, resolution plans, insolvency process, Adani Enterprises, Vedanta, Dalmia Bharat Cement, Jindal Power, PNC Infratech
    CoC gets more power, IBBI makes formation of monitoring panel mandatory

    The government has granted the committee of creditors (CoC) additional powers in bankruptcy proceedings.

    By Priyansh Verma
    March 9, 2025 19:29 IST
    Higher food costs are expected as a result of this winter's warmth. (Image Source: Getty Images)
    Expect to pay for winter warmth with higher food costs

    After a mild winter, rising food inflation is expected due to a warm start to the year and an upcoming…

    By Sandip Das
    March 9, 2025 05:25 IST
    CPI inflation, retail inflation, inflation, food inflation, vegetable prices, economy
    Retail inflation likely eased to 3.9% in February

    Data sourced from the Department of Consumer Affairs showed potato prices declined 2.9% on month in February, and onion prices…

    By Priyansh Verma
    March 7, 2025 22:01 IST
    apa scheme, cbdt, advance pricing agreements, Central Board of Direct Taxes,
    Taxpayers declare foreign assets worth Rs 29,000-crore under CBDT campaign

    As part of the campaign, SMS and emails were sent to 19,501 taxpayers with high foreign account balances or significant…

    By Priyansh Verma
    March 6, 2025 21:22 IST
    Insolvency board, Banking, banks, IBBI, Insolvency and Bankruptcy Code, NCLT
    Insolvency board mulls more regulatory changes

    The IBBI, in the past 18 months, has introduced key tweaks, which includes tightening procedural safeguards, and improving disclosure norms…

    By Priyansh Verma
    March 6, 2025 20:45 IST
    internship scheme, Jobs, career, ministry of corporate affairs, MCA, aviation, defence, automotive, banking, financial services
    Govt plans tweaks to PM internship scheme

    Candidates from the state where employer unit is located to get priority.

    By Priyansh Verma
    March 4, 2025 21:33 IST
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    BoB Q2 Net Profit Dips 8% on Non-Interest Income Fall

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