Economic Times
The number of income-tax payers in India rose to 93.7 million in FY23 from 52.6 million in FY14. The tax deducted at source (TDS) emerged as the large
However, industry executives said there is little scope for an immediate reduction in prices. Industry executives said a reduction in retail prices ma
The ratio of cost overrun in central government infrastructure projects rose to a three-month high of 18.65% in December. The anticipated completion c
India's top priorities for the MC13 include securing a permanent solution for its public stockholding (PSH) programme. This programme seeks flexibilit
The government is planning to increase the number of projects under the Parvatmala Pariyojana, which is the national ropeways development programme, t
Union Petroleum Minister Hardeep Puri stated that the Indian economy is set to reach USD 5 trillion in the next financial year (2024-25) and aims to d
Expecting a fall in India's sugarcane production due to drought conditions in Maharashtra and Karnataka, India has banned use of sugar syrup and B-hea
India's sunflower oil imports are set to decline as prices rally due to increased freight rates. Buyers are shifting to rival vegetable oils available
Interim Budget 2024: The fiscal deficit, also known as the budget gap, is the result of government spending exceeding its earnings. This leads to gove
Interim Budget 2024: In 2023, central bankers worldwide will coordinate efforts to fight inflation. The Modi government may opt for subsidies and tax
Interim Budget: Finance Minister Nirmala Sitharaman will present the interim budget on February 1. There are hopes and expectations from various segme
The government may make procedural amendments in the interim budget to bring clarity to the International Financial Services Centre (IFSC) and extend
Budget 2024: India Ratings and Research (Ind-Ra) stated that the government aims to achieve a fiscal deficit to GDP ratio of 5.3% in FY25. However, it
As we are heading towards the general elections in the middle of this year, the Opposition has intensified its attack on the Modi government for a lac
Interim Budget: While the Indian economy can now largely withstand big shocks like oil prices and monsoon vagaries, inflation still remains a major as
Interim Budget: HSBC expects the central government to set a fiscal deficit target of 5.3% of GDP in FY25, with buoyant tax revenues and cuts in curre
The government may extend tax concessions on contributions and withdrawals in the NPS for individuals aged 75 and above in the upcoming interim Budget
The government has increased import duties on gold and silver finding and coins to 15%, including basic custom duty and ADIC. The new rates will be ef
In the upcoming interim budget for FY25, the Indian government is expected to allocate around ₹88,000 crore for the Mahatma Gandhi National Rural Em
India and the EFTA have been negotiating the pact, officially dubbed as Trade and Economic Partnership Agreement (TEPA), since January 2008 to boost e
