Page 16 - Indivjal Dhasmana/ Pti

Karnataka may keep additional expenditure on 5 poll promises fiscal neutral

The implementation of these promises may cost the exchequer an additional sum in the range of Rs 45,000-50,000 crore

Advance estimates fail to gauge economy correctly in periods of uncertainty

Advance estimates have varied from actual numbers during 2008 crisis, Eurozone crisis, 'policy paralysis' and Covid lockdown years

India's goods exports may see a marginal impact from Germany recession

But exports may contract in FY24 due to worsening external situation in FY24

Centre may meet disinvestment target of Rs 51,000 crore for FY24

IDBI Bank, Concor key for realisation, otherwise it may have to resort to offer for sale

Core inflation still remains elevated, may not fall below 5% in FY24

The core inflation has remained stuck in the range of 5-6.6 per cent for over two years

SC ruling on user development fee provides guidance for GST, tax on royalty

The SC had held that UDF collected by the DIAL is in the nature of statutory levy and the same would not be taken as consideration against any services

Gold ornaments raise retail inflation in personal care segment to 9% in Apr

Prices of the safe haven asset have soared due to global economic uncertainty

Implementation of guaranteed pension product delayed as talks continue

Pension regulator wants to make the product attractive for subscribers, sources say

Consumer durables in IIP down 4% in FY23 compared to pre-covid FY20

Segment falls 12% in FY23 over that in FY19 due to muted demand

Shouldn't return to old pension system with same formula: C Rangarajan

Private investment needs to pick up if India's economic growth has to be sustained at 6-7%, says former RBI governor

Apex court verdict on pre-import conditions gives relief to exporters

Any claim for refund/credit shall be examined on its merits and on a case-by-case basis: SC

Direct tax buoyancy again falls sub-2% in 2022-23

It should be noted that direct tax collection figures are still provisional and GDP figures are on the basis of second advance estimates for 2022-23. The actual figures may change the outcome slightly

Promises and sops: Political parties woo economically sound Karnataka

State does well in many economic parameters, but freebies promised by parties may spoil its finances

Retail inflation affected bottom 20% of rural India more, shows CRISIL data

The impact of inflation on different income classes depends on their consumption pattern and the weight of those items in the consumer price index

Record GST collection but IGST on imports fell 5% on lower commodity prices

If this trend continues, the decline in IGST might indicate weak customs duty collections in FY24

Would be premature to say if people have appetite for MARS: PFRDA's Mohanty

New chairman of PFRDA Deepak Mohanty tells Indivjal Dhasmana that systematic withdrawal plan as permissible under the current statute would soon be introduce

Mattresses supplied to school hostels not exempt from GST: Tamil Nadu AAR

Hosur Coir Foams' supplies will draw 18 per cent integrated GST, rules authority

Issue of GST on intermediary services to foreign clients may get resolved

However, there could be issues in claiming input tax credit by these intermediaries

India's youth population alone not enough for demographic dividend: Experts

Gains require an economic system that uses workforce productively, they say

UN report cautions against misusing population data for societal divisions

Cites published literature, cases of ethno-nationalism, great replacement theory to make the point