Page 27 - Indivjal Dhasmana

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

CPI inflation pegged at 6.8-7.25% in June; IIP growth at 14.5-24% in May

According to MPC's own projections, the inflation rate may not come down below 6% on average before the fourth quarter of the current financial year

India to overtake China as world's most populated country in 2023: UN

Economic impact: People's productivity will have to increase to support larger numbers, say experts

Proposed DESH law aims to grant SEZs greater flexibility, but will it work?

Some experts see significant positives, other believe problems associated with older policy will persist

India misses fifth-largest economy in the world tag by $13 billion

Experts say it is just a matter of a year before India overtakes the UK

GST collection at Rs 1.45 trillion in June, the second highest ever

Average GST collections at Rs 1.51 trillion a month in the first quarter of the current financial year are much higher than the Rs 1.2 trillion derived from the Budget Estimates

Labour codes not to kick in from Friday even as states, UTs frame rules

The Centre has already finalised rules on all the four codes

Punjab likely to lose Rs 15K crore in FY23 as GST compensation ends

At the Council meeting in Chandigarh, states may call for extending compensation deadline

HC quashes order on taxing Flipkart payment to Walmart for deputed staff

Court says assessing officer's stand on employer-employee relationship based on a wrong premise

5 years on, work still in progress: The promises, challenges of GST regime

While tax evasion, technical glitches, and litigation continue to plague the indirect tax system, the revenue collections have picked up in recent months

Five years of GST: Indirect tax reformed, but there's still some way to go

July 1 will mark five years of goods and services tax (GST) in India. Starting today, we track the journey through a series of reports

A global recession and its likely fallout on India's economic growth

While foreign fund inflows could ebb and exports could take a beating, the Indian economy is unlikely to suffer recession again

Will a rate hike by RBI help tame inflation?

The US Fed nudged up its interest rates to tame inflation that leapt to 8.5%. Worldwide, central banks resort to rate hikes to reduce inflation. But does it always work? This report explains more

India-France DTAA sparks tax row with Saint Gobain, HC orders higher outgo

Court says firm can pay "under protest", subject to final order; dispute could trigger similar rows in tax matters with MNCs, experts warn

GoM may suggest pruning GST exemption list ahead of Council meeting

A meeting of the GST Council is expected this month or early next month. It may discuss the inverted duty structure, too

India's retail inflation may be at 5.7-6.9% in FY23, say economists

This is after duty cuts on fuel; 25-50 bps repo rate hike likely in the MPC meet next week

Indirect tax mop-up may fall short of target: Revenue secretary Tarun Bajaj

Revenue secretary attributes it to cuts in excise and Customs duties

Making urban MNREGA workable: A question of getting the structure right

The urban population is more educated and generally has a different set of job preferences than the rural

India's domestic crude oil production slips to 28-year low in FY22

Production declined every month for last 4-and-a-half years in core sector index; old fields among likely reasons

Officers to face strict disciplinary action for coercive GST collection

However, tax consultants are still sceptical that this instruction will stop coercive recovery for GST payments