Page 37 - Indivjal Dhasmana/ Pti

World Bank ups FY22 GDP growth projection for India by 4.7 percentage pts

Pegs economic growth at 10.1%, also gives range of 7.5-12.5% given Covid-induced uncertainty

Finance Act fails to address industry concerns over equalisation levy

Experts say levy will cause compliance problems for taxpayers, having come so late. Companies will have to do a lot of adjustments in their own systems while trying to comply with this newly clarified

N K Singh bats for health DFI, moving sector to concurrent list

'Health is not part of the concurrent list. In light of the pandemic, it's high time we move health as a subject in the concurrent list,' said N K Singh at an event

Govt mandates companies to disclose investments in cryptocurrencies

Govt asks companies to also reveal CSR spend, benami property transactions from FY22

Amendments to the Finance Bill 2021 plug tax loophole in slump sale

Amendments to the finance Bill, 2021, say that fair market value (FMV) will be taken as consideration of the sale

GST technical glitches behind input tax credit frauds: CAG report

CAG recommended fixing a definite time frame for rolling out simplified GST return forms

Let states come and discuss tax on fuel in GST Council meeting: FM

I would be glad to be having this on the agenda and discuss it. I have no issues. Let the states come and discuss it, she said in the Lok Sabha.

At 1.33 mn, January net addition to payroll highest in FY21, shows data

The increasing number of Covid cases and reimposition of some restrictions in a few states of the country, particularly Maharashtra, may have an adverse impact on the numbers going forward

IGST on intermediaries: Gujarat High Court admits a petition to review

When IGST is levied on inter-state transfers within India, it is imposed on service providers

Seizing Indian assets won't be easy for Cairn Energy, say experts

Experts say enforcement of the award will face a passive hurdle in Article V of the NY Convention

Services activity at 1-yr high on rise in demand, favourable mkt conditions

If growth sustains in March, GDP may expand in Q4, contrary to official forecast

2-6% retail inflation band has been working well since 2016, say economists

However, some want core to be monitored as well, MPC should be given leeway to choose target

CII asks Haryana to relook its Bill on 75% jobs for locals in pvt sector

Says at a time when it is important to attract investments at the state level, Haryana govt could have avoided imposing curbs on industry

GST collections signal robust e-way bill generation in March, shows data

Transactions in February would primarily show in the March GST collections

Payments by Indian firms for foreign software not taxable: Supreme Court

The court held that there is no liability for Indian companies to deduct tax at source with respect to purchase of software from foreign companies.

Feb exports dip 0.25% after rising three months due to uncertainties abroad

Exporters also cite container shortage; imports continue to rise due to revival in domestic economy and high commodity prices

NSE technical glitch cost us immensely, says FM Nirmala Sitharaman

The NSE had on Wednesday halted trading on the stock exchange for nearly four hours due to a technical glitch.

Feb PMI eases to 57.5 from 57.7 in Jan, but remains at elevated level

Although growth more or less remained at an elevated level, employment declined further amid Covid-19 restrictions

Different strokes: New series leading to diverging trends in GDP, GVA

The revised method of GDP did not only change the base year, but also the way it is computed.

GDP grows 0.4% in Q3: Pre-Covid times are here, says Finance Ministry

However, the economy grew by a much higher rate of 3.1 per cent in the fourth quarter of 2019-20