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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 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.
Apex court says it is the bidders' responsibility to find out the relevant HSN code
Auto component industry may have to pay up to 15% basic Customs duty and 28% GST
Annual Survey of Industries shows that firms' GVA shrank 3.4%, while GFCF touched 8-year high
Ernakulam-based company is not a formal school but an institution providing special training, it says
Also instructs them to not arrest a person if he has a different interpretation of law
At the MPC's estimate of 16.2%, the economy would have grown 6.1% over the corresponding quarter of 2019-20
The crucial issue is what should be the interest rate to attract overseas investors, mainly Indians to take part in it
Industrial output stays robust, tops pre-Covid level
Committed expenditures of the state, which has the lowest per capita income, exceed its own revenue by 47% in FY23
The previous five years saw the states' share, except for 2019-20, in between 34.5% and 37%, whereas the recommendation was to give them a 42% share
Among other things, making the direct tax regime less confusing and bringing in expenditure reform are crucial challenges for the central government
Auditor's report alleges fraudulent withdrawals, forgery, cheating in postal circles across India
NITI Aayog is mandated to boost cooperative federalism in the country
The projections of inflation for FY23 are based on the assumption of an average crude oil price of $105 per barrel and a normal monsoon
There is fear that entities may be asked to reverse ITC or pay back refunds, experts say
At July 1 rates, revenue gains would be less than Rs 48,000 crore if impact on corporation tax is taken into account
Experts say move is justified but government should clarify how proceeds will be utilised
Receipts from customs and excise duties were down 10.59 per cent at Rs 97,695 crore in Q1 of FY'23
There is no love lost between the Centre and the states, particularly those ruled by the Opposition parties on various issues
Parliament likely to discuss the matter today; MPC to consider matter at 3-day meet that begins on Wednesday