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Factory output shrinks, rising inflation at 5.5% begins to hurt

India, Dec. 13 -- India's industrial output shrank while inflation swelled, official data released on Thursday showed, highlighting challenges for policymakers battling an economic slowdown amid surgi... Read More


Tax cuts necessary but India needs more reforms, says CEA

New Delhi, Dec. 12 -- Corporate tax rate cuts are necessary but not sufficient to stimulate investments, for which the country needs more reforms, chief economic advisor (CEA) Krishnamurthy Subramania... Read More


Tax cuts necessary but India needs more reforms, says CEA

New Delhi, Dec. 11 -- Corporate tax rate cuts are necessary but not sufficient to stimulate investments, for which the country needs more reforms, chief economic advisor (CEA) Krishnamurthy Subramania... Read More


Nothing to panic: DGCA on P&W engine snag

New Delhi, Dec. 11 -- Air travelers need not panic on account of the recent incidents wherein aircraft fitted with Pratt & Whitney (P&W) engines had to turn back mid air due to technical issues, air s... Read More


Tax breaks necessary but India needs more reforms, says CEA

New Delhi, Dec. 10 -- Corporate tax rate cuts are necessary but not sufficient to stimulate investments, for which the country needs more reforms, chief economic advisor (CEA) Krishnamurthy Subramania... Read More


GST needs to get simpler: N K Singh

New Delhi, Dec. 10 -- Fifteenth Finance Commission (FFC) chairman N K Singh said on Tuesday that the Goods and Services Tax (GST) system needs to get simpler so that it becomes easier for businesses a... Read More


Tax cuts necessary but not sufficient to woo investments: Krishnamurthy Subramanian

New Delhi, Dec. 10 -- Corporate tax rate cuts are necessary but are not sufficient to attract investments and that the country needs more reforms, Chief Economic Advisor in the finance ministry Krishn... Read More


Next govt stimulus may cheer the middle class

new Delhi, Dec. 10 -- A restructuring of personal income tax rates could cheer the middle class, boost consumption and act as a fiscal stimulus, if ongoing discussions in the finance ministry lead to ... Read More


Tax authorities unearth under-reporting of online sale of goods

New Delhi, Dec. 10 -- The indirect tax administration has detected under-reporting of online sales by several companies when their reported online sales were matched with tax collected at source (TCS)... Read More


New policy on official statistics in the offing

New Delhi, Dec. 9 -- The new policy comes in the wake of certain leaked government reports on jobs and consumption data which raised questions about delays in making them public. The latest such insta... Read More