Economic Times

An internal committee of the Income Tax Department will review the Income Tax Act of 1961 to streamline and update it by removing outdated clauses and
Economy - 2 months ago
The insights by ICRA indicate a temporary slowdown in India's economic growth, with several sectors witnessing a downturn influenced by government act
Economy - 2 months ago
The Group of Ministers (GoM) on GST rate rationalisation will meet on Thursday ahead of the GST Council meeting on September 9. This crucial meeting,
Economy - 2 months ago
India's business activity continued its strong growth in August, driven by a robust services industry that compensated for a slight slowdown in manufa
Economy - 3 months ago
An inter-ministerial panel has approved investment proposals in the electronics manufacturing sector, including some from Chinese companies, amidst bo
Economy - 3 months ago
Russia and Azerbaijan have agreed to enhance the Azerbaijan route of the International North-South Transport Corridor (INSTC), as announced during Pre
Economy - 3 months ago
Finance minister Nirmala Sitharaman had announced an MSME package in the budget that included a credit guarantee scheme to cover loans of up to Rs 100
Economy - 3 months ago
"The (tax) department must exercise its powers judiciously ensuring that taxpayers and businesses are not subjected to unnecessary harassment. The aut
Economy - 3 months ago
In the second phase of the India Semiconductor Mission, the government plans to focus on attracting compound semiconductor fabrication and silicon pho
Economy - 3 months ago
Prices of key vegetarian items have surged, with onions now costing more than ₹50 per kg, an increase of 25% due to rising consumption post-Shravan.
Economy - 3 months ago
Officials reported completion of 117 smart city projects, with 10 more, including the Tawi River Front, underway. Devansh Yadav, newly appointed Jammu
Economy - 3 months ago
CBDT Chairman Ravi Agrawal stated that the review of the Income Tax Act of 1961 would be completed within six months, as announced by Finance Minister
Economy - 3 months ago
During the 165th Income Tax day celebration, Finance Minister Nirmala Sitharaman encouraged the Income Tax department to foster a fair and friendly re
Economy - 3 months ago
IMF executive director Krishnamurthy Subramanian highlighted the need for India’s private sector to enhance innovation and productivity to achieve a
Economy - 3 months ago
Piyush Goyal, India's Commerce and Industry Minister, highlighted potential to double India-Africa trade to USD 200 billion in seven years. Key collab
Economy - 3 months ago
Indian wheat prices hit a nine-month high, and industry experts urged the government to release reserve stocks to manage the rising costs. The delay i
Economy - 3 months ago
India's manufacturing sector, contributing 17% to GDP, has been positioned as the sixth-largest manufacturing economy. Recent reforms have created inv
Economy - 3 months ago
India has allowed the export of 200,000 tonnes of non-basmati white rice to Malaysia as per an August 20 notification, coinciding with the Malaysian P
Economy - 3 months ago
India plans to invest almost $300 million over two years for expanding water bodies and building drainage systems in seven cities to combat flooding a
Economy - 3 months ago
Foreign direct inflows increased by 26.4% to $22.4 billion during April-June, marking significant growth. Sectors like manufacturing and financial ser
Economy - 3 months ago

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