Page 35 - Indivjal Dhasmana

Ind-Ra revises GDP growth projection to 9.4% in FY22 and 15.3% in Q1

In June, the rating agency had said that the GDP would grow by 9.6 per cent if the country is able to vaccinate its entire adult population by December 31 this year

BS-Seema Nazareth Award: NK Singh calls for Parliament, GST, health reforms

Finance Commission Chairman shares his vision to make the economy deliver over next 30 years

Dry fruit prices may rise marginally if uncertainty in Afghan persists

Volume of imports may not go down as much as to affect India's domestic consumption requirements

GDP growth may be overestimated at 20% in first quarter, says Icra

It cautioned that the organised sector is expected to have gained at the cost of the less formal space during the first quarter of the current financial year

AAR rules 18% GST on e-voucher traders, on plea by marketing services firm

Rules that e-vouchers are not an actionable claim, and are not exempt from GST. They attract 18% GST as they come under the residual category

Food items drag retail inflation to three-month low of 5.59% in July

Even as the food inflation rate dropped to 3.96 per cent from 5.15 per cent, certain items saw an elevated rate of price rise

Broad-based private sector capex may take time till Q4 to revive: Experts

This is despite the announcement of expansion plans of some large companies, and is the outcome of the second wave

Up to India Inc to take risks now as my govt has ushered bold reforms: PM

The prime minister said the economy was picking up pace with the efforts of industry

Ending retro tax to boost $5-trn economy dream: FM Nirmala Sitharaman

Rajya Sabha returns Bill to Lok Sabha amid Opposition protests

Bombay HC notice to AG on plea against faceless appeal in tax cases

The court noted that the matter, raised by the Chamber of Tax Consultants in a writ petition, involves serious questions in law

Subway questions constitutional validity of anti-profiteering provisions

Questions the authority over including it as respondent in a case against its franchisee

Govt buries retrospective tax, introduces Bill to amend Income Tax Act

Bill to scrap the law tabled; proposed refund at around Rs 8,100 crore

Explained: Behind the disconnect between stock market and economy

The divergent trend surprised many, with the issue reaching Parliament

Gross borrowing slightly exceeds revised estimates by 1% over lockdown

The borrowings were further raised to Rs 12.80 trillion in RE as the government also tried to bring transparency in subsidies

PFRDA set to provide a better option than annuities to NPS members

Mulls raising threshold to Rs 5 lakh from current Rs 2 lakh for exemption from annuity requirement, hiking maximum age to 70 yrs from 65 yrs for NPS entry, a minimum guaranteed product, on-tap license

Flavoured milk to draw 12% GST: Gujarat-based Authority for Advance Rulings

The ruling was delivered in a case filed by Vadilal Industries for its product Power Sip. Harpreet Singh, partner at KPMG, said the government should now clarify its position on this issue

Global minimum tax may impact India's special rate on manufacturing firms

US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms

Central govt's indirect tax collection up 12% in FY21, GST number falls

Customs duty collections stood at Rs 1.32 trillion during FY'21, representing around 21 per cent growth.

CII bats for ramping up vaccination production to fight Covid second wave

Industry body also says that vaccination should be open to all age groups

March inflation rises to four-month high of 5.52% due to food, core prices

The development may prevent RBI's monetary policy committee from cutting policy rates unless growth really takes a hit due to regional lockdowns in 2021-22, experts say