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Stimulus to help project exporters in capacity building: Exim Bank CEO

Bank has identified import-oriented sectors like capital goods, chemicals, and defence, says David Rasquinha.

Professionals and kingpins among 25 held for issuing fake bills under GST

350 cases filed against 1,180 entities, actual amount of fake ITC claimed being ascertained, say sources

September recovery proves short-lived as exports fall 5% in Oct

Covid-induced lockdowns in advanced nations hit exports, trade deficit at nine-month high

Enhancing connectivity with ASEAN a major priority, says PM Modi

Says there are many similarities between India's Indo Pacific Oceans Initiative and ASEAN's Outlook on Indo Pacific

Stimulus package: Govt may stick to Rs 12-trillion market borrowing target

Fertiliser subsidy will be biggest cost head at Rs 65,000 crore. Housing for all under PM Awas Yojana will cost an extra Rs 18,000 cr

Job promises in Bihar elections: Tall claims or a distinct possibility?

Although a Herculean task, some experts believe that the promises are achievable and that money will not be a problem

Wait for holistic response for stressed sectors: Finance secretary

AJAY BHUSHAN PANDEY talks about the Budget, revenue collection, and the goods and services tax (GST) compensation mechanism

GST collections cross Rs 1 trillion in October for first time in 8 months

Mop up grows 10% y-o-y at Rs 1.05 trillion, almost equal to levels in February before a nationwide lockdown to contain the coronavirus pandemic

Jobless rate in urban areas fell to 7.9% in Q3 of last year, shows data

Jammu & Kashmir, Kerala, Odisha, Rajasthan, Delhi and Andhra Pradesh etc. had a higher proportion of people in urban areas as unemployed in Q3

15th finance panel finalises recommendations, to submit report on Nov 9

The report will be tabled in Parliament by the Union finance minister

Rs 1.27 trn I-T refunds made to individuals, businesses: Finance secretary

The income tax department now has a fully automated system of refunds payment directly going into the bank accounts of the taxpayers without manual intervention

Discussion on report over, FinCom set to present it to President on Nov 9

The report will be tabled in Parliament by the union finance minister along with an action taken report of the government

Hope of recovery as core sector fall narrows to 0.8% in Sept vs 7.3% in Aug

Coal, electricity and steel, which constitute over half of the core sector index, showed a rise in production in September

People opting for lower tax regime not eligible for LTC stimulus: Govt

LTC incentive expanded to employees of the private sector, the public sector units and state governments.

UK firms say India has become easier for business, want solution to tax row

Annual report on UK companies says retrospective amendment to India's Income Tax Act is a dampener.

Most agencies underestimating India's growth in FY22: Sanjeev Sanyal

The RBI also projected the economy to grow 20.6 per cent in the first quarter of the next fiscal year.

FinMin rules out Covid-19 vaccination cess, but not averse to charging rich

There was speculation that a one-time special Covid-19 cess would be imposed and that it would raise an estimated Rs 18,000 crore

Jump in returns filing may take GST mop-up to Rs 1 trillion this month

Experts say this may sustain for the next three months

What ails Indian manufacturing? Industry captains speak their minds

The manufacturing sector has been languishing long before coronavirus, despite the intended push from Make-in-India; Business Standard attempts to find out why

Taxpayers can make payments under 'Vivad se Vishwas' scheme till March 31

Finance secretary A B Pandey reviewed the progress under the scheme at a high-level meeting of senior officers through video conferencing