- 11 Dec 2024 05:38 PM
- New
E-way bills drop to five-month low in November after festive peak
Experts suggest that the decline in e-way bill generation in November stem from high inventory levels accumulated during the festival months.
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- 11 Dec 2024 05:43 PM
- New
India needs reliable data to track capital expenditure across the economy
In 2014, Narendra Modi rode to power promising to kick-start a new investment cycle and end an era of ‘policy paralysis.’ Soon after becoming Prime Minister, he identified the revival of stalled projects as a key priority. But progress remained slow.
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- 11 Dec 2024 05:34 PM
- New
Budget 2025-26: Centre may give agriculture boost with loan reforms and credit limit hike
In the past few years, monsoon disruptions have impacted agriculture, leading to shortages and food price inflation apart from hurting farmers' livelihoods
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- 10 Dec 2024 07:25 PM
Sanjay Malhotra to command last leg of RBI’s war on inflation
Source: https://www.livemint.com/news/sanjay-malhotra-appointed-next-rbi-governor-11733754726061.html
The war on inflation has a new general leading the charge, as India's top revenue officer Sanjay Malhotra moves from North Block to Mint Road. On Monday, the Union cabinet's appointments committee named the 1990 batch IAS officer to lead the Reserve Bank of India, a day before governor Shaktikanta Das leaves at the end of six years at its helm.
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- 10 Dec 2024 07:22 PM
Input Tax Credit fraud: ₹35,132 crore evasion detected by GST officers, over 17,000 fake firms involved
GST officers have arrested 69 people after detecting cases of ITC evasion of ₹35,132 crore by 17,818 fake firms between April-October, reported the news agency PTI.
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- 05 Dec 2024 05:39 PM
Beverage association raises alarm over potential tax hike on aerated drinks
The biggest roadblock for the industry is the taxation structure and we are hoping that by March 2026 when the 12% cess goes away, we come back to 28%, Indian Beverage Association said
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- 05 Dec 2024 05:45 PM
Mind economy's interest before Revenue's: Sanjay Malhotra to tax officials
New Delhi: Cautioning tax officials to not kill the goose that lays the golden egg in the process of tax collection, revenue secretary Sanjay Malhotra told a gathering of officials that they need to be careful not to hurt the economy’s interests in the hunt for revenue.
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- 05 Dec 2024 05:54 PM
Niva Bupa stock jumps another 11% to record high, surges 47% in just 3 days; here’s why
On December 5, Niva Bupa Health Insurance shares surged 11.2 per cent to ₹109.34, totalling a 47 per cent rise in three days. This increase is attributed to reports of GST cuts for health insurance, but the company remains uninformed about any official updates.
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- 05 Dec 2024 05:52 PM
Wedding season blues: Garment makers caution against GST rate hike
New Delhi: An increase in the goods and services tax (GST) rate on certain readymade garments, currently being discussed by a ministerial panel, could be a dampener for the ongoing wedding season, textile manufacturers said.
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- 05 Dec 2024 05:57 PM
Maharashtra GST officials search three offices of ICICI Bank; bank says ‘cooperating…’
Maharashtra GST officials searched three offices of ICICI Bank on December 4, the bank said in an exchange filing, adding that it is cooperating with authorities for data requests.
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