Page 26 - Indivjal Dhasmana

Taxpayers fear notices due to AIS discrepancies; CBDT says unfounded

The deadline for filing income-tax returns (ITRs) for the assessment year 2022-23 ended on Sunday

Exports to take severe beating if recession hits US, Europe: Experts

Domestic demand may have to cushion the external impact

Experts expect some inflation, CAD relief after US Fed hikes rates

MPC will be guided more by domestic inflation-growth dynamics than US central bank measures, they say

Amid 'extraordinary' uncertainty, IMF doesn't rule out global recession

IMF warns that risk is particularly prominent in 2023, and even small shocks could cause economies to stall

RBI MPC preview: Das and Co may hike repo rate by 25-50 bps in August

If the inflation remains above 6% on average for the next three months, the RBI will have to explain to the govt in writing the reasons for its failure to keep the rate of price rise in check

Kerala FM blames Centre for cutting resources by Rs 23,000 crore

Kerala Finance Minister K N Balagopal has written to Nirmala Sitharaman asking her not to include borrowings of state entities while fixing their debt limits

MPC likely to raise repo rate significantly in upcoming meetings: S&P

Says there is significant slack in the economy, as GDP is far below estimates of pre-Covid trajectory of potential output

SC dismisses plea seeking GST exemption for Haj via private tour operators

The private tour operators argued that the levy is discriminatory as it exempts certain pilgrims who undertake the journey through the Haj Committee of India

Providing 300 units of free electricity may cost Gujarat Rs 8,700 cr a year

To make AAP's promise work, state would require to increase revenues and cut revenue expenditure under other heads

Despite fiscal steps, wheat, pulses and LPG see high inflation in July

The government announced a number of fiscal steps after overall inflation refused to come below six per cent since January this year.

Centre reins in its debt at 56% for FY22 against 60% pegged in Budget

Committed to fiscal deficit targets for FY23: Economic Affairs Secretary Ajay Seth

Will inclusion in labour code work or do gig workers need a special law?

7.7 million people employed in the sector need welfare measures hardcoded into the law, say some experts

Wait for labour codes continues, even as most states publish draft rules

12 states, UTs have so far not published draft rules on at least 1 labour code

Moody's warns of India's vulnerability to volatile food, energy prices

Says major challenge for countries will be growing demands on fiscal resources to limit impact of price rise

GST changes from Monday may put pressure on retail inflation: Experts

Falling global commodity prices may neutralise the impact, say experts

22 states, UTs see rise in inflation, despite marginal reduction overall

Lakshadweep was the only UT where the urban inflation rate was in double digits in June

RailRestro expands services to 100 new rly stations, takes total to 450

The food tech startup, which provides meals on trains via online orders 24x7, will now offer regional cuisines to passengers

US inflation impact: Global recession fears to cool WPI inflation in India

Impact on CPI inflation to come later, rupee depreciation to negate some of this impact

From IIP to inflation: Here's a status check on the Indian economy

A significant jump in IIP growth indicates economic recovery. Also, is the recovery sustainable given the raging inflation and adverse global geopolitical conditions?

IIP growth up just 1.7% compared to pre-Covid periods, manufacturing lags

Flat growth may prompt the monetary policy committee not to go for an aggressive rate hike in August