Business Standard
One of the key aspects under GST is that tax should only be on the 'value addition'. Also, the legacy issue of 'tax on tax' will be eliminated
Economists pay close attention to German inflation data, as the euro zone's biggest economy publishes its figures before the euro zone inflation data
Commercial LPG cylinder prices for July have been further cut by Rs 30, after being reduced by Rs 70 in June. Its aimed at providing relief to enterpr
A figure above 50 in the index denotes expansion and that below signifies contraction
A base year is the reference year whose prices are used to calculate the real growth (minus inflation) in national income
The Indian wedding industry size of approximately Rs 10 lakh crore (USD 130 billion) is second only to food and grocery, with an average Indian spendi
Indian economy is poised for potentially a stable high growth phase and it is also in a strong position in the context of significant risks that the c
Retirement fund body EPFO's gross new subscribers addition declined by over 4 per cent to 1.09 crore in 2023-24 compared to a year ago, as per a repor
Ravi Agrawal, a 1988-batch IRS officer, has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT), the administrative body fo
Report highlights gains in health, education; gaps remain in wage equality, waste
He said that each finance commission has to start the work on data afresh and a data portal will resolve that issue and bring continuity
The Advisory Committee on National Accounts Statistics to review data sources, align GDP with inflation and industrial indices
The construction on the Noida International Film City project is expected to start within six months and it will create 50,000 jobs while benefitting
The Jharkhand cabinet on Friday approved a proposal to increase entitlement of free electricity from 125 units per month to 200 units per month for do
The move is expected to benefit more than 700,000 EPS members every year who leave the scheme with less than six months of contributory service
States and Union Territories also plan to borrow up to Rs 2.63 trillion through state government securities over the same period
In October 2021, India and the US came to terms to settle differences with respect to the equalisation levy, commonly known as the digital tax
The fiscal deficit in the corresponding period last year was 11.8 per cent of the budget estimates at Rs 2.1 trillion
India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said
The RBI provides WMA to states banking with it to help them tide over temporary mismatches in the cash flow of their receipts and payments