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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.
Business Standard analyses the state's progress in the key economic parameters under current govt and sees if it was any better than the previous five years of the Digvijaya Singh govt
Reserve Bank of India (RBI) maintained status quo in its policy rate for the third time in a row in August
Food inflation rose to a three and a half year high of 11.51 per cent in July this year, compared to 4.31 per cent in the previous month
This was despite heavy capital expenditure by the Centre. That grew 57 per cent at Rs 2.8 trillion in the Q1 of FY'24 year-on-year
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