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PM Modi tells business leaders economy will bounce back

New Delhi, Jan. 9 -- Prime Minister Narendra Modi on Thursday told business leaders that the economy has the strength to bounce back and that the goal of it reaching the size of $5 trillion was realis... Read More


Tax authorities step up heat on erring businesses with GST audit

New Delhi, Jan. 8 -- Goods and Services Tax (GST) authorities have started audit of businesses for FY18, the year of the indirect tax reform, indicating that erring assessees will now be held accounta... Read More


CCI asks e-commerce platforms to be more open about product searches, data use

New Delhi, Jan. 8 -- The Competition Commission of India (CCI) has asked e-commerce platforms to be more open about how they rank products and services in response to customer searches and to ensure t... Read More


Central government, states to get tough on GST refund claims

New Delhi, Jan. 7 -- Central and state government officials on Tuesday decided to scrutinize goods and services tax (GST) refund claims more diligently, compulsorily investigate all fake claims and st... Read More


5% growth cloud over Budget 2020

New Delhi, Jan. 7 -- India's economy is expected to grow 5% in the current fiscal, the statistics ministry said on Tuesday, signalling what would be the slowest pace of annual growth since the current... Read More


5% growth cloud over budget

New Delhi, Jan. 7 -- India's economy is expected to grow 5% in the current fiscal, the statistics ministry said on Tuesday, signalling what would be the slowest pace of annual growth since the current... Read More


Centre, states decide to get tough on GST refunds amid revenue shortfall

New Delhi, Jan. 7 -- Central and state officials on Tuesday decided to get tough in scrutinizing claims for refund of Goods and Services Tax (GST), compulsorily investigate all fake GST refund claims ... Read More


Economy to pick up momentum in second half to end FY20 with 5% growth

New Delhi, Jan. 7 -- India's economy will grow at 5% in the current fiscal ending March in line with the RBI's projection made in December which implies growth picking up momentum in the second half o... Read More


India, China should set aside rivalries to rewrite global economic rules: Deepak Nayyar

New Delhi, Jan. 5 -- By 2040, Asia will re-discover the economic might it had two centuries ago by claiming half of the world income, tilting the balance of power further in favour of Asia and eroding... Read More


Exporters under lens for wrongful claim of tax credits

New Delhi, Jan. 5 -- Several export houses have come under the regulatory lens for fake tax credit claims and for mismatches in their filings to different tax authorities in a data analysis drill by t... Read More