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    1. Business News
    2. Authors
    3. priyansh verma

    Priyansh Verma

    poverty, poverty India, economy, india economy, financial express
    EXPLAINER: Counting India’s poor – The many ways of measuring poverty

    As per the National Sample Survey Office (NSSO) survey in 2011-12, as many as 21.9% of the total population, or…

    By Priyansh Verma
    July 4, 2024 02:15 IST
    gst, gst revenue, gst revenue goes down, gst, economy
    10% growth in GST revenue may continue in near term, say experts

    The GDP growth too is expected to be slower this year, with many economists pegging it at 7%, as against…

    By Priyansh Verma
    July 3, 2024 00:45 IST
    GST Council Meeting, Online Gaming, tax collections, Insurance Sectors, grants, Rate Rationalisation, savoury products, GST rates, Motorcycle Seats, Foreign Airlines, airlines industry
    GST mop-up rises 8% in June, slowest rate in about 3 years

    During June, the government settled Rs 39,586 crore to the Central GST from Integrated GST collections, and Rs 33,548 crore…

    By Priyansh Verma
    July 2, 2024 05:15 IST
    In the just-concluded quarter, the growth in the private and government investment announcements declined 94% and 84%, respectively.
    Project intent down 92% in June quarter

    Lowest value of new announcements since Sept 2009; sharp drop in private sector’s.

    By Saikat Neogi
    July 2, 2024 03:45 IST
    Budget 2024, tax
    Rejig of capital gains tax being deferred

    No changes likely in July Budget as Govt wants to avoid market volatility; review slated for Budget FY26

    By Priyansh Verma
    July 1, 2024 05:30 IST
    rural, poverty
    Govt developing national indicator to measure “extreme poverty”

    “With this, India is much ahead of the target of reducing poverty in all its dimensions by half, by the…

    By Priyansh Verma
    July 1, 2024 01:00 IST
    economy news, GDp, GDP news, Economy financial express
    Plan to overhaul macro data collection criteria

    26-member panel set up to revise bases, diversify sourcing

    By Priyansh Verma
    June 30, 2024 06:25 IST
    tax
    Gross tax collections up 15.9% in April-May

    PIT mop-up rises 42%

    By Priyansh Verma
    June 29, 2024 05:35 IST
    GST
    MNC arms to pay GST as per transaction value quoted by parents

    “This development underscores the importance of meticulously structuring ESOP transactions for both compliance and optimal tax planning,” said EY’s Agarwal.

    By Priyansh Verma
    June 29, 2024 05:10 IST
    Electricity output, meanwhile, was sharply up at a seven-month high of 12.8%, as May recorded a high power demand.
    May core sector growth slows down to 6.3%

    On a sequential basis, however, the core sector’s output rose 3.7% in May. Typically, output in May increases from April.

    By Priyansh Verma
    June 29, 2024 04:35 IST
    food inflation
    Food inflation to stay between 7.5-8% for next 2-3 months: Economists

    A report by HSBC said that if the rains do not pick up in the remaining months, there is a…

    By Priyansh Verma
    June 28, 2024 02:30 IST
    Monsoon
    “Risk to inflation trajectory, if monsoon turns out to be weak”

    Generally, the momentum for prices is higher in the first half of the financial year.

    By Priyansh Verma
    June 28, 2024 02:15 IST
    lower tax regime, tax regime, taxes, union budget 2024, industry news
    Lower tax, but in new avatar for new units

    As per official data, in FY20, 1,244 companies opted for the concessional tax rate, which doubled to 3,508 companies in…

    By Priyansh Verma
    June 27, 2024 06:00 IST
    pandemic, post pandemic, household capital, economy
    Post-pandemic, households’ share in capital formation falls

    Of the gross savings of Rs 81 trillion in FY23, household savings account for almost 61%, down from 78% recorded…

    By Saikat Neogi
    June 27, 2024 01:30 IST
    labour index, labour welfare, Labour Rights Index, nirmala sitharaman
    Coming soon: New labour index to rank states on workers’ welfare, productivity

    An official said the index would ensure uniformity in labour laws’ implementation across states, and will have the broader objective…

    By Priyansh Verma
    June 26, 2024 06:00 IST
    The proposed Rs 1.5 lakh crore long-term interest-free loan for state governments will empower them to enhance infrastructure spending and implement critical reforms.
    Q4 sees current account surplus of 0.6% of GDP

    On a balance of payment basis, Q4FY24 saw net accretion of foreign exchange reserves of $30.8 billion, compared with accretion…

    By Priyansh Verma
    June 25, 2024 00:45 IST
    GST
    Corporate guarantee relief will not benefit realty, power firms: Experts

    The Council in its earlier meeting had decided that the consideration for the issue of corporate guarantee would be 1%…

    By Priyansh Verma
    June 24, 2024 02:15 IST
    GST
    GST Council eases compliance norms

    Anti-profiteering mechanism only till FY25-end

    By Priyansh Verma
    June 22, 2024 23:16 IST
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    Wallace Idaho shooting

    Wallace, Idaho: Who was the suspected shooter, now reported dead? See police statement

    Rajasthan Chief Minister Bhajan Lal Sharma on Aravallis

    Rajasthan CM vows against ‘tampering’ with Aravallis as Opposition flags ‘grave threat’ over hill definition

    tyler perry sued

    Who Is Tyler Perry? Hollywood billionaire sued by aspiring actor for assault in $77 mn case

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