)
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 journalism. He currently heads the economics data team at Business Standard.
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 journalism. He currently heads the economics data team at Business Standard.
Patel had claimed deduction of Rs 31,73,928 in the 2009-10 assessment year
PoEM to determine tax liability of foreign cos managed from India but don't pay tax domestically
Says NPA legacy left over by UPA and demonetisation along with GST to result in less cash economy
Formal fiscal consolidation papers presented to Parliament are silent on India's primary deficit
Rs 10,000 penalty for each such reports, according to a provision in Budget
Interview with president, Ficci
At present, states get 42% of services tax collected and imposed by the Centre
Economists bat for cut in income tax rates and people-friendly Budget
Prickly issue of administrative turf for discussion on Friday
April 1 deadline looks unlikely; states demand tax on high sea sales, higher compensation
West Bengal finance minister walks out; next meeting on January 16
Signals deceleration in Q3 GDP
States are also digging in their heels to ask for more compensation, as they are hit by note ban
Reviewing of exemption limits and medical reimbursements for personal income tax
The meeting is to cover job creation and skill development, agriculture and issues for the Budget
The PMI fell to 49.6 in December while core sector output growth was at 4.9% in November
In absolute terms, fiscal deficit touched the Rs 4.58 lakh crore mark during April-November 2016
Govt has budgeted Rs 20,500 crore from strategic sale this financial year
A legal change to allow EPFO members to switch to the NPS
Meeting on January 3-4; all other provisions of model Bill and compensation Bill cleared