Economic Times
About ₹1,080 crore in taxes (under the tax deduction at source head) has been collected from online gaming and around Rs 180 crore through TDS has b
In a rare move, the interim budget for FY25 clubbed the government's disinvestment and asset monetisation targets, instead of declaring them separatel
"The details are being worked out. The only condition is that the relief to a single taxpayer will not exceed ₹1 lakh. If an individual demand amoun
India's fiscal deficit had shot up to 9.2% of GDP in FY21 following the additional spending to provide stimulus to the economy hit by Covid. The Chief
The interim budget serves as a crucial milestone in this journey, aligning with broader goals of sustainability, inclusive development, infrastructure
The Insolvency and Bankruptcy Board of India (IBBI) has introduced measures to streamline the regulatory framework for insolvency professional entitie
Goods and Services Tax (GST) authorities have so far been using OTP-based Aadhaar authentication to establish the identity of the applicants, seeking
As a result of measures, the manufacturing ecosystem of the industry has witnessed "remarkable" growth, leading to a substantial decrease of 52 per ce
Over 1,200 stakeholders, including government officials and industry players, will discuss the progress of 14 Production Linked Incentive (PLI) scheme
The government has budgeted Rs 30,000 crore from other capital receipts in the Revised Estimates for the current fiscal. For 2024-25, the amount is bu
Monthly GST collections from online gaming companies have surged by over 400% to Rs 1,200 crore since October 1 due to the implementation of a 28% tax
The government assures that the crisis in the Red Sea has not significantly impacted container availability in most ports. However, there has been a r
Three credit rating agencies hold over 90 per cent of the global market. Two of these agencies have said that FM Sitharaman's interim budget changes l
The Ministry of Road Transport and Highways (MoRTH) aims to create a national record by constructing 13,813 km of highways in the current financial ye
Finance Secretary T V Somanathan believes that the government's target of reducing the fiscal deficit to 5.1% of GDP in 2024-25 is ambitious but achie
Union Finance Minister Nirmala Sitharaman had on Thursday declared the government's proposal to withdraw outstanding direct tax demands up to Rs 25,00
India's foreign exchange reserves surged by $591 million to $616.73 billion for the week ending on January 26, the latest data by Reserve Bank of Indi
Economic Affairs Secretary Ajay Seth expressed confidence in the non-inflationary Budget proposals, stating that they will contribute to achieving a 7
The common man awaits to hear in the Budget if the govt will ease tax rates, impacting cash in hand. While the interim Budget didn't change income tax
Fitch expects India's sovereign rating to remain unchanged despite the government's efforts for fiscal consolidation. The general government debt is p
