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Need nuts-and-bolts reforms, industry must invest in R&D: NITI Aayog's Gauba

New Delhi, May 12 -- India's next set of economic reforms needs to be granular, nuts-and-bolts changes that reduce regulatory friction, said NITI Aayog member Rajiv Gauba on Monday, while also urging ... Read More


GST Council to explore simplifying procedures, clarify taxation of ride-hailing apps

NEW DELHI, May 12 -- The Goods and Services Tax (GST) Council is likely to meet before mid-July to consider proposals to simplify procedures and clarify matters including the taxation of ride-hailing ... Read More


GST Council may clarify taxation of app cabs, ease rules

NEW DELHI, May 12 -- The Goods and Services Tax (GST) Council is likely to meet before mid-July to consider proposals to simplify procedures and clarify matters including the taxation of ride-hailing ... Read More


Mint Explainer | Why the GST Council plans to review taxation of ride-hailing app companies

New Delhi, May 12 -- NEW DELHI: Ride-hailing app companies are pitching for goods and services tax exemption for payments that customers make for transportation services availed through their online p... Read More


Govt capex drives private investment surge; CII urges price restraint

New Delhi, May 10 -- The government's strong capital expenditure programme has triggered a revival in private investment and growth in their order book, Confederation of Indian Industry (CII) said on ... Read More


GST Council to get four new representatives at next meeting

New Delhi, May 8 -- Federal indirect tax body, the Goods and Services Tax (GST) Council, will have four new representatives when it meets next, reflecting political changes in states after the recent ... Read More


Government will shield businesses from external shocks: FM Sitharaman

New Delhi, May 7 -- The government will not let the volatile external situation to affect Indian businesses, finance minister Nirmala Sitharaman said on Thursday, highlighting the measures taken to en... Read More


West Asia war may briefly dent India's growth as fundamentals strong: Memani

New Delhi, May 6 -- The West Asia war may temporarily hurt India's growth rate and dampen investment sentiment, but the conflict poses no existential threat to most businesses, according to Rajiv Mema... Read More


Net direct tax mop-up rises 5% to Rs.23.4 tn, misses revised aim

New Delhi, May 4 -- The government collected Rs.23.4 trillion in direct taxes after adjusting for refunds in FY26, posting a 5% annual growth but missing its lowered revised target for the year, offic... Read More


Gross GST mop-up increases to record Rs.2.43 lakh cr in April

New Delhi, May 2 -- Central and state governments collected a record Rs.2.43 lakh crore in Goods and Services Tax (GST) revenue in the first month of the financial year, data from the finance ministry... Read More