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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.
However, Indian citizens will have to follow the Aadhaar authentication or personal verification route for GST registration
Says government has no business to be in business; 'Our mantra is monetise and modernise'
They are worried that the two proposals would make it difficult to seek refunds under indirect tax laws
Five indicators - passenger vehicle output, vehicle registration, Coal India output, diesel consumption, and domestic airlines passengers - recorded contraction in January
China imported goods worth $15.3 from India and exported goods worth $45.4 billion to India
Sources say the GST authorities have been using deep data analytics, integrated data-sharing to unearth input tax credit utilisation frauds via fake invoicing and bogus firms
Most want centre to reverse Covid excise duty, states to prune VAT rate or replace ad valorem rate with flat tax structure
New Delhi has time till March 21 to file an appeal in accordance with a 90-day window
One of the major contentions put forward by the taxpayers was that the relevant GST forms could not be filed due to technological glitches faced on the GST Network portal
Hiring by various sectors is likely to resume in 2021 after taking a beating in 2020
Expresses concern at big US tech firms not adhering to data privacy
Agreement is limited in scope, covers 310 export items from India and 615 imported products from Mauritius
The meeting on Tuesday was chaired by RBI Governor Shaktikanta Das through video conferencing
The GDP numbers for the third quarter are expected to be released next week.
The agency's earlier forecast for FY21 was 4.5 per cent. The revision was made due to a sharper-than-expected contraction of 6.1 per cent in the nominal GDP
They say NAA is not following due process of law, harassing them with investigations even when there is no cut in GST rates or increase in input tax credit; Delhi HC posts matter for March 4
WPI shows divergent trend from CPI counterpart, which fell to a 16-month low of 4.06%
Experts also believe that at least pendency of cases would come down, though only time will tell about quality of orders
Experts say MPC may continue with accommodative stance in next nine months
We expect the cost of the vaccination to be Rs 700 per person. This includes the price of two shots at Rs 200-250 each, says Somanathan