The comments assume significance as India has in recent years walked its talk on fiscal consolidation, with the latest interim…
Tax revenues are a direct function of three factors – nominal GDP, tax rates and efficiency. We have not changed…
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly…
“The Interim Budget for FY25 aligns with trends, underscoring inclusive and sustainable growth as focal points for the future. The…
The Interim Budget 2024-25 has announced withdrawal of outstanding small tax demands, some even dating back to 1962, of up…
India’s milk production rose to a record 230.58 million tonne (MT) in 2022-23 on year, allaying fears of stagnation because…
The Budget has clearly focused on balancing growth and development (in other words, focus on ease of doing business and…
Industry leaders and leading tax consultants have expressed surprise over non-extension of the sunset date of the concessional tax rate…
Further, the announcement that the government would limit gross and net borrowing, while continuing its push on public capex, came…
Due to these steps, the average processing time of returns has been reduced from 93 days in FY14 to just…
This is due to the softening of global prices of soil nutrients and the termination of the extra grains supplies…
The finance minister promised economic reforms to drive growth. India’s economy, the fastest growing among major nations, is going through…
The finance minister revised the fiscal deficit for FY24, setting it at 5.8 per cent of the GDP.
“In 2014, the nation confronted significant challenges, which were successfully addressed by the Narendra Modi-led government through the philosophy of…
Although the final reading was a tad lower than a preliminary estimate of 56.9, it was comfortably above the 50-mark…
Digitization, infrastructure development, PLI scheme to create high-end manufacturing capacity, resilient corporate and financial sector balance sheets, and improved competitiveness…
Modi had indicated that the government’s focus would be on four priority groups—women, farmers, poor and youth– if elected again.
January marks the third month in the current financial year, the gross collections crossed the Rs 1.70-trillion-mark. The highest GST…