“Once there is clarity that the realistic long-term growth rate is 6.5% or so, many things fall into place”.
Statistically, the buoyancy of a tax system gauges the overall responsiveness of tax revenue to variations in the GDP, and…
So far, more than 80 million income tax returns (ITRs) have been filed for assessment year (AY) 2023-24, against 75.2…
During the April-December 2023 period, gross GST collection witnessed a robust 12 per cent growth.
The Income Tax (IT) department has sent alerts through text messages and emails to around 3 million salaried taxpayers across…
Move follows decision to allow only Meity-registered firms to offer services in India
“Evidence to this effect is seen in a sharp rebound in FDI in October 2023,” the ministry said. During the…
The Reserve Bank of India has recently projected India’s economic growth at 7% in the current fiscal year, up from…
Net tax receipts up 17% y-o-y, against BE of 11%
The company has received a Show Cause Notice (SCN) on December 26, 2023 under Section 74(1) of the Central Goods…
Amid the process, small units and traders got higher access to credit, markets.
The Budget has pegged the nominal GDP growth at 10.8% of the GDP, but most economists expect it to range…
Weak capital inflows in Sept quarter; accretion to reserves just $2.5 billion.
The government had introduced ‘Sabka Vishwas’ and ‘Vivaad se Vishwas’ schemes in 2019 and 2020.
Any recast of GST should aim at expanding the tax base and improving credit flows.
Picture clouded as official data is insufficient; quality of jobs detroriorates
Inflows up 77% on year to $21.8 bn in first 10 months of FY24
Amended rules to increase certainty of transfer pricing
