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Centre to assuage state fears on GST

new delhi, Sept. 1 -- Heartburn in state capitals looms over a landmark indirect tax reform expected this week, given that a proposal to rework rates and raise spending could also sap tax revenue. Whi... Read More


National audit regulator to start compliance drive after several small, medium firms fail to file annual returns

New Delhi, Sept. 1 -- The national audit regulator will launch a drive to enhance compliance by small and mid-sized audit firms in the country after several of them failed to file their annual returns... Read More


Eight states want GST rate cuts to be linked to revenue guarantee

New Delhi, Aug. 29 -- The proposed Goods and Services Tax (GST) restructure will lead to substantial revenue loss for states, leading to reduced welfare and development spending, ministers and represe... Read More


Festive demand, tax sops to boost growth; US tariff impact may not be significant: India's chief economic adviser

New Delhi, Aug. 29 -- Domestic demand for goods and services will further strengthen in the coming quarters due to the festive season, lower inflation, and the government's tax relief measures, chief ... Read More


India's economy expanded 7.8% in April-June, the fastest pace in 5 quarters

New Delhi, Aug. 29 -- India's economy expanded 7.8% in the April-June quarter of FY26, its fastest expansion in five quarters, beating expectations of economists, aided by strong growth in agriculture... Read More


Competition watchdog, IT ministry discuss joint oversight of digital economy

New Delhi, Aug. 28 -- Competition Commission of India (CCI) and the ministry of electronics and information technology (MeitY) on Thursday discussed a coordinated approach to regulating the digital ec... Read More


Industry output grows fastest this fiscal at 3.5% in July, robust manufacturing aids

New Delhi, Aug. 28 -- India's industrial output expanded 3.5% in July, its fastest pace in the current financial year, aided by a robust manufacturing sector ahead of the festival season and in antici... Read More


Immediate impact of US tariff seen limited, but lag effect needs action: FinMin

New Delhi, Aug. 27 -- The finance ministry has cautioned that while the immediate impact of the latest US tariffs on Indian exports appears limited, the lagged effect needs to be addressed as it could... Read More


Fresh start for bankrupt firms: Govt plans 'clean slate' rules to spare buyers from legacy debt

New Delhi, Aug. 27 -- New investors in bankrupt companies will be spared the baggage of unpaid dues under a proposed amendment to India's insolvency law, a move aimed at speeding up corporate turnarou... Read More


New law doesn't give extra power for tax searches, SoP soon: CBDT

New Delhi, Aug. 26 -- The Central Board of Direct Taxes (CBDT) will issue a standard operating procedure (SoP) on search and seizure provisions under the new Income Tax Act, 2025, to guide officials o... Read More