Economic Times
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 - 9 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 - 9 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 - 9 months ago
The interim budget serves as a crucial milestone in this journey, aligning with broader goals of sustainability, inclusive development, infrastructure
1706898223 Economy - 9 months ago
The Insolvency and Bankruptcy Board of India (IBBI) has introduced measures to streamline the regulatory framework for insolvency professional entitie
1706891983 Economy - 9 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 - 9 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 - 9 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 - 9 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 - 9 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 - 9 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 - 9 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 - 9 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 - 9 months ago
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
1706874946 Economy - 9 months ago
Union Finance Minister Nirmala Sitharaman had on Thursday declared the government's proposal to withdraw outstanding direct tax demands up to Rs 25,00
1706874876 Economy - 9 months ago
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
1706873523 Economy - 9 months ago
Economic Affairs Secretary Ajay Seth expressed confidence in the non-inflationary Budget proposals, stating that they will contribute to achieving a 7
1706869864 Economy - 9 months ago
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
1706866937 Economy - 9 months ago
Fitch expects India's sovereign rating to remain unchanged despite the government's efforts for fiscal consolidation. The general government debt is p
1706864546 Economy - 9 months ago
India's budget surprises with lower-than-expected fiscal deficit target, deviating from expectations of a fiscal-centric approach, according to the ch
1706863113 Economy - 9 months ago