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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


Non-compliance of GST may cost businesses their registration

NEW DELHI, Jan. 3 -- Not filing goods and services tax (GST) returns on time could cost businesses their assets, as well as their tax registrations, according to a set of instructions issued by the go... Read More


Restructuring GST slabs next on govt agenda after budget 2020

NEW DELHI, Jan. 3 -- The Narendra Modi administration and state governments will hold fresh negotiations to overhaul the goods and services tax (GST) after the Union budget is presented on 1 February,... Read More


Ambani family tax case part of wider probe on foreign income, assets under black money law

New Delhi, Jan. 1 -- Any action following the income tax department's inquiry into the alleged tax evasion by family members of Reliance Industries Ltd chairman Mukesh Ambani on account of foreign inc... Read More


Businesses to be fined for not accepting select electronic payment modes

New Delhi, Dec. 31 -- Businesses with more than Rs.50 crore sales will have to compulsorily offer electronic payment modes such as debit cards powered by RuPay from 1 January 2020 and a penalty for de... Read More


Businesses to be fined from 1 February for not accepting select electronic payment modes

New Delhi, Dec. 31 -- Businesses with more than Rs.50 crore sales will have to compulsorily offer electronic payment modes such as debit cards powered by RuPay from 1 January 2020 and a penalty for de... Read More


Government extends amnesty scheme for pre-GST era taxes by 15 days

New Delhi, Dec. 31 -- The government on Tuesday extended the 'Sabka Vishwas' dispute resolution and amnesty scheme for pre-GST era taxes by 15 days till January 15. The scheme introduced by finance m... Read More


Kerala retains top rank on SDG index

New Delhi, Dec. 31 -- Kerala, Himachal Pradesh, Andhra Pradesh, Tamil Nadu and Telangana were top performers in the race to achieve sustainable development goals (SDG), including the eradication of po... Read More