While many states want to extend the GST compensation regime beyond June 2022, the Centre's view stands that the compensation will be given to states only until that time
The impact of Saturday's excise duty cuts will be Rs 1 trillion for a year, Finance Minister Nirmala Sitharaman had said
But experts call for other fiscal measures too to bring inflation down
For its latest iteration, the economics division of the Finance Ministry has tied up with think-tank Institute of Economic Growth (IEG).
Inflation bites exchequer as move will reduce FY23 revenue by Rs 85,000 cr
Verdict upholds federal rights of states and the people: Kerala FM Balagopal
Like most other state budgets, Rajasthan's appears to have been crafted with one eye on the polls, while side-stepping on the issue of resources available to finance its programmes
In a chat with Business Standard's Nikunj Ohri and Arup Roychoudhury, the new CII president and Bajaj Finserv chairman Sanjiv Bajaj shared how to deal with global headwinds and increased input costs
In a Q&A, the president of the industry body dwells on how a cut in fuel duties will spur demand, and the impact of interest rate regime on India's FY23 GDP growth
Bajaj said that to counter inflationary pressures, the central and state governments should cut taxes on petrol and diesel further
The last PPPAC meeting was in December, according to its website and there is no clarity on when the next one will be held
The report said that seen over a longer time horizon, inflation in India's economy has not been as much a challenge as is sensed from month-to-month changes
Plans more launches in FY23; gas pipelines, other sectors also on radar
Letter sent to all Chief Secys of states and UTs said stated that if falsification of information is found, names of All India Service Officers will be passed on to DoPT by Finance Ministry
Cost of borrowing to go up; analysts say robust tax revenues crucial
Range between RBI's 7.2% and IMF's 8.2% a reasonable prediction, says CEA
A top govt official told Business Standard that internally, the plan for PDMA is unlikely to be revived
Developing it could have some hazards, including those to institutions, end-users, and reputation of the central bank, says NCAER working paper
The ministry attributed the robust mop-up to its tightened compliance measures and a crackdown on GST evaders and fake bills
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction