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    1. Business News
    2. Authors
    3. priyansh verma

    Priyansh Verma

    The retrospective tax imposition of 28% on the full face value of bets has created havoc in the online gaming industry, in view of the sheer magnitude of the tax demands involved
    Govt mulls relief on retrospective GST on e-gaming

    Move to impact claims of Rs 2.3 trn

    By Priyansh Verma
    Updated: May 8, 2024 09:44 IST
    savings
    Household savings plunge to 5-year low in FY23

    Access to credit surges

    By Priyansh Verma
    May 7, 2024 05:45 IST
    Tax for overseas firm
    Overseas digital firms in a tax fix 

    FinMin identifies firms bypassing permanent establishment rule.

    By Manu Kaushik
    Updated: May 6, 2024 12:10 IST
    rbi
    Need to align weights of CPI with recent data: MPC member

    In FY24, CPI inflation averaged 5.4%, while GDP deflator averaged around 1.5%. The deflator was starkly low as it predominantly…

    By Priyansh Verma
    May 6, 2024 01:00 IST
    manufacturing, manufacturing activity, manufacturing PMI, heatwave, factory activity, working hours, economy
    Manufacturing PMI eases a bit in April

    Demand conditions still strong.

    By Priyansh Verma
    May 3, 2024 00:45 IST
    Top-up tax
    Top-up tax rule to dent revenue gains from “Pillar 2” regime

    July Budget may launch OECD-compliant regime

    By Priyansh Verma
    May 3, 2024 00:30 IST
    GST
    GST collections top Rs 2 trn

    After accounting for refunds, the net GST revenue for April stood at Rs 1.92 trillion, up 15.5% on year.

    By Priyansh Verma
    May 2, 2024 05:15 IST
    cross border
    Cross-border insolvency plan may be put on the backburner

    Question of reciprocity as no adoption yet by the EU, Asean, China.

    By Priyansh Verma
    May 1, 2024 05:30 IST
    Core sector
    Core sector growth slows to 5.2% in March

    Fall due to high base, sequential growth highest in a year.

    By Priyansh Verma
    May 1, 2024 02:30 IST
    Industrial production, Factory output, Industrial Production, top news, National Statistical Office, latest news,
    IIP growth seen slowing to 4.7% in FY25

    Base effect, tepid demand cited as reasons

    By Priyansh Verma
    April 30, 2024 05:00 IST
    APA, rupee
    Advance pacts for transfer pricing keep rising, 125 clinched in FY24

    Govt teams should focus on arm’s length pricing, rather than other issues, experts

    By Priyansh Verma
    April 30, 2024 02:10 IST
    sartup, start up taxes, startup india, sme
    Start-ups face more tax heat, to move court

    In September last year, the tax department notified five valuation methods for capital infused in Indian unlisted firms (including start-ups)…

    By Priyansh Verma
    April 27, 2024 06:00 IST
    inheritance tax, taxes, sam pitroda, congress, money
    Do we need to bring back inheritance tax?

    It’s a tax that an individual must pay for inheriting a property or asset from his or her ancestor. In…

    By Priyansh Verma
    April 26, 2024 05:00 IST
    Inheritance tax
    Inheritance tax unsuitable for India, wealth creation is key: Experts

    “Levy on inherited assets to hit savings, administrative nightmare”

    By Priyansh Verma
    April 26, 2024 01:15 IST
    gdp, economy, gdp growth, GDP deflator
    How low deflator boosts real GDP growth in FY24

    The NSO has projected the real GDP growth at 7.6%, and nominal GDP growth at 9.1%, for FY24, and the…

    By Priyansh Verma
    April 25, 2024 02:00 IST
    rbi
    Extreme weather, geopolitical tensions risk to inflation: RBI

    Conditions shaping up for “trend upshift” in real GDP growth

    By Priyansh Verma
    April 24, 2024 02:05 IST
    The government has taken several initiatives in the past few budgets with an aim to speed up the appeal disposal time. (Image source: Freepik)
    I-T dept starts drive to dispose of appeals, 0.54 million at last count

    The large pendency is even as the Central Board of Direct Taxes (CBDT) has laid emphasis on disposing of income…

    By Priyansh Verma
    April 22, 2024 02:00 IST
    direct tax, dtcr, taxes, income tax, central taxes, economy
    Govt kicks off direct tax code revision

    The move is aimed at further simplifying the laws governing direct taxes and aligning these more with the global norms,…

    By Prasanta Sahu
    April 19, 2024 06:15 IST
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