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Indivjal Dhasmana, a senior associate editor at Business Standard, writes on macroeconomics, taxes, and political economy. He has over three decades of experience in various fields of journalism.
Indivjal Dhasmana, a senior associate editor at Business Standard, writes on macroeconomics, taxes, and political economy. He has over three decades of experience in various fields of journalism.
The gaming industry opposes 28 per cent tax on fresh bets even prospectively as it will increase the burden by 400 per cent, which is neither fair nor sustainable
WPI-based food inflation remained subdued since November last year, but rose in July, higher than the consumer price index inflation at 11.51 per cent
No reason for tax authorities to disbelieve why cash balance was needed, says tribunal
Exemption allowed even if agreement to buy new house is signed before selling the old one: ITAT
The law will come into force on October 1 this year and will be reviewed after six months, according to a decision by the GST Council
Interest is computed at the rate of 18 per cent per annum for delay in payment
Various analysts that Business Standard spoke to put GDP growth in the range of 7 to 8.5 per cent for Q1 of FY24
Some 71 per cent of the state's population resides in rural areas
The services trade surplus widened to $36.39 billion in the first three months of the current financial year against $31.07 billion in the first quarter of the previous year
Shifting focus to population, the NER housed 45.5 million individuals, accounting for 3.7 per cent of the country's total population of 1.21 billion, according to the 2011 Census
Inflation unlikely to fall to 4% target even in Q1 FY25; GDP growth projections kept intact
Production has been falling consistently over years
Excise duty mop-up falls 15%
Numbers show subdued overseas demand for services, gradual recovery in consumer demand and the impact of high interest and inflation
Interest on loans exempt from IGST but provision is not available to credit card services, says government notification
Multidimensional poverty index measures poverty on the basis of parameters such as nutrition, child and adolescent mortality, and maternal health, among others
Rent for residential dwellings would qualify for GST exemption, says authority
Company setting up charging stations would get input tax credit, it rules
The new regime raised the projection of nominal GSDP growth to 17.7 per cent against seven per cent by the previous BJP government for the current financial year
Clarification provides certainty on the tax treatment of warranty repairs, say experts