Economic Times
Indian Revenue Secretary Sanjay Malhotra predicts that the government will collect up to Rs 14,000 crore ($1.7 billion) in goods and services tax (GST
1706955645 Economy - 10 months ago
Commerce and Industry Minister Piyush Goyal encouraged firms benefiting from the Production-Linked Incentive (PLI) scheme to consider it as an initial
1706952734 Economy - 10 months ago
CRISIL's latest report predicts that the Indian economy will grow at an average rate of 6.7% per annum from the financial years 2024 to 2031, slightly
1706944876 Economy - 10 months ago
Income tax slab changes: FM Sitharaman vows to listen to demands of all income groups in full budget
In an exclusive interview with ET Now, Sitharaman addressed concerns about the absence of announcements for India's middle class in the recent b
1706943079 Economy - 10 months ago
The tax department is seeking details of Legal Entity Identifier (LEI); any contributions made to political parties, including the date and mode of pa
1706924681 Economy - 10 months ago
The government is confident of meeting the targets in the interim budget presented on Thursday. Finance Secretary TV Somanathan stated that the govern
1706921811 Economy - 10 months ago
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
1706903276 Economy - 10 months ago
In a rare move, the interim budget for FY25 clubbed the government's disinvestment and asset monetisation targets, instead of declaring them separatel
1706900581 Economy - 10 months ago
"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
1706900079 Economy - 10 months ago
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
1706899783 Economy - 10 months ago
The interim budget serves as a crucial milestone in this journey, aligning with broader goals of sustainability, inclusive development, infrastructure
1706898223 Economy - 10 months ago
The Insolvency and Bankruptcy Board of India (IBBI) has introduced measures to streamline the regulatory framework for insolvency professional entitie
1706891983 Economy - 10 months ago
Goods and Services Tax (GST) authorities have so far been using OTP-based Aadhaar authentication to establish the identity of the applicants, seeking
1706887127 Economy - 10 months ago
As a result of measures, the manufacturing ecosystem of the industry has witnessed "remarkable" growth, leading to a substantial decrease of 52 per ce
1706886412 Economy - 10 months ago
Over 1,200 stakeholders, including government officials and industry players, will discuss the progress of 14 Production Linked Incentive (PLI) scheme
1706885559 Economy - 10 months ago
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
1706884378 Economy - 10 months ago
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
1706879963 Economy - 10 months ago
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
1706878559 Economy - 10 months ago
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
1706878463 Economy - 10 months ago
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
1706878113 Economy - 10 months ago
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