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committee of the Income Tax Department will review the Income Tax Act of 1961 to streamline and update it by removing outdated clauses and
The insights by ICRA indicate a temporary slowdown in India's economic growth, with several sectors witnessing a downturn influenced by government act
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,
India's business activity continued its strong growth in August, driven by a robust services industry that compensated for a slight slowdown in manufa
An inter-ministerial panel has approved investment proposals in the electronics manufacturing sector, including some from Chinese companies, amidst bo
Russia and Azerbaijan have agreed to enhance the Azerbaijan route of the International North-South Transport Corridor (INSTC), as announced during Pre
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
"The (tax) department must exercise its powers judiciously ensuring that taxpayers and businesses are not subjected to unnecessary harassment. The aut
In the second phase of the India Semiconductor Mission, the government plans to focus on attracting compound semiconductor fabrication and silicon pho
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.
Officials reported completion of 117 smart city projects, with 10 more, including the Tawi River Front, underway. Devansh Yadav, newly appointed Jammu
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
During the 165th Income Tax day celebration, Finance Minister Nirmala Sitharaman encouraged the Income Tax department to foster a fair and friendly re
IMF executive director Krishnamurthy Subramanian highlighted the need for India’s private sector to enhance innovation and productivity to achieve a
Piyush Goyal, India's Commerce and Industry Minister, highlighted potential to double India-Africa trade to USD 200 billion in seven years. Key collab
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
India's manufacturing sector, contributing 17% to GDP, has been positioned as the sixth-largest manufacturing economy. Recent reforms have created inv
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
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
Foreign direct inflows increased by 26.4% to $22.4 billion during April-June, marking significant growth. Sectors like manufacturing and financial ser
