Business Standard
ESOPs given by foreign companies to employees of its Indian subsidiary at prevailing market value will not attract GST, the CBIC has said. However, E
1719485413 Economy - 4 months ago
Suppliers giving post-sale discounts through credit notes under GST will have to ensure that the client gives an undertaking or a CA certificate stati
1719484528 Economy - 4 months ago
India's current account surplus in the fourth quarter of the 2023-24 fiscal was aided by narrowing of the merchandise trade deficit, an increase in re
1719449109 Economy - 4 months ago
In FY24, state spends are expected to go up further by 8-12 per cent as their percentage achievement of budgetary allocations are expected to be large
1719431648 Economy - 4 months ago
A wholly owned Union government company established in 2006, IIFCL provides long-term financial assistance to viable infrastructure projects
1719427255 Economy - 4 months ago
Several cases have raised concerns about ongoing roadway projects in India, highlighting frequent delays in their completion
1719420176 Economy - 4 months ago
India received remittances worth $120 billion in 2023, supported by strong labour markets in the United States and Europe
1719419109 Economy - 4 months ago
The tech industry body also recommended removing the 2.5 per cent tariff slab to enhance ease of business in the industry
1719418539 Economy - 4 months ago
The matter was also discussed with the finance minister Nirmala Sitharaman on Monday as central trade unions made representations as part of the pre-B
1719410710 Economy - 4 months ago
EY India said India's economy has shown 'resilience' with GDP expanding by 8.2 per cent in 2023-24 after 9.7 per cent and 7 per cent in the previous t
1719405643 Economy - 4 months ago
The rupee settled at Rs 83.57 per dollar on Wednesday, against Rs 83.43 per dollar on Tuesday
1719404388 Economy - 4 months ago
Growth projections have been upgraded by various other agencies as well, with the median projection at 6.9 per cent
1719402009 Economy - 4 months ago
The Indian economy recorded a growth of 8.2 per cent in FY24 and averaged 8.3 per cent in the last three financial years
1719334544 Economy - 4 months ago
Indian Highways Management Company Ltd also floated an expression of interest for the implementation of Global Navigation Satellite System across the
1719334222 Economy - 4 months ago
Addressing the 188th AGM of Bombay Chamber of Commerce & Industry, RBI Governor Shaktikanta Das says, "India is at the threshold of a major structural
1719326626 Economy - 4 months ago
The ratio of short-term debt to foreign exchange reserves declined to 19.0 per cent at end-March 2024 from 22.2 per cent at end-March 2023
1719326612 Economy - 4 months ago
Just like the post-pandemic recovery, the Indian inflation story is also 'K-shaped' and is hurting certain sections more than others, a foreign broker
1719326350 Economy - 4 months ago
Overall, 937,000 subscribers joined the National Pension System during FY24, 13.6 per cent higher than the 824,700 subscribers logged in the preceding
1719325282 Economy - 4 months ago
At end-March 2024, India's external debt was placed at $ 663.8 billion, an increase of $ 39.7 billion over its level at end-March 2023, according to R
1719323582 Economy - 4 months ago
OPEC countries have enough oil which can potentially cap any sharp price increases
1719317215 Economy - 4 months ago