Showing of 1-20 result
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31-Dec-2021 | Indivjal Dhasmana
Not like children's books, learning kit books to attract GST: AAR
The AAR agreed at the outset the kit box/book should be covered under heading 4903
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31-Dec-2021 | Indivjal Dhasmana
2021, the year that was: Firms may no longer share higher cost burden
The concluding part of year-ender series looks at how inflation pinched consumers' pocket
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29-Dec-2021 | Indivjal Dhasmana
Govt has managed revenue deficit better than overall fiscal deficit in FY22
This was despite revenue expenditure accounting for 53.7 per cent of Budget Estimates, while capital expenditure was 45.7 per cent during the first seven months of the current financial year
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28-Dec-2021 | Indivjal Dhasmana
Govt says GSTN portal working fine as tax consultants list glitches
Industry associations seek extension of deadline to file annual returns.
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27-Dec-2021 | Indivjal Dhasmana
FICCI President Sanjiv Mehta on the path to economic recovery
In an interview with Business Standard, FICCI President and HUL CMD Sanjiv Mehta says better capacity utilisation and capital spending is needed to achieve the desired macro-economic growth
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24-Dec-2021 | Indivjal Dhasmana
Few takers for Subramanian's theory that GDP collapsed before Covid
But those involved with GDP calculations concede he used robust parameters
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23-Dec-2021 | Indivjal Dhasmana
New provision from Jan 1: GST officials to make surprise recovery visits
Those with an annual turnover of up to Rs 5 crore can file quarterly returns, if they choose so
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22-Dec-2021 | Indivjal Dhasmana
Cheeseballs, eggs and other food items caught in disputes over GST rates
The problem is exacerbated as new products get introduced in the market. Since they didn't exist when GST classification was done initially, putting them in an appropriate category will now take time
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21-Dec-2021 | Indivjal Dhasmana
Tepid private consumption holding back investments: Ficci president Mehta
India needs 'virtuous cycle' of demand prompting capital spending that will lead to job creation, he says in an interview.
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21-Dec-2021 | Indivjal Dhasmana
OECD rules to implement 15% tax rate on multinational entities out
Rules prescribe method of calculation of excess profit, top-up tax, effective tax rate, etc
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17-Dec-2021 | Indivjal Dhasmana
Too early to celebrate economic recovery in India: Arvind Subramanian
Stock markets reflect the Indian economy less. It would be a kind of policy mistake to infer from this (stock boom) anything about the diverse Indian economy, said Subramanian
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16-Dec-2021 | Indivjal Dhasmana
IGST on ocean freight can't be imposed on importers, companies tell SC
They pleaded for quashing of a govt petition filed in the apex court against a Gujarat HC ruling that had declared IGST on ocean freight as violative of the Constitution
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15-Dec-2021 | Indivjal Dhasmana
Meeting FY22 fiscal deficit target hinges on disinvestment proceeds
Savings in some departments may come to govt's aid
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15-Dec-2021 | Indivjal Dhasmana
BS Awards: Debroy bats for GST Council-like body for expenditure reforms
He said the State Finance Commission's recommendations were not given much attention even as two-thirds of the public expenditure occurred at the state level
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14-Dec-2021 | Indivjal Dhasmana
I-T department empowered to demand info from taxpayers for e-verification
The intention is to bring more transparency within the tax agencies and streamline the process of uncovering serious tax evasion or money stashed abroad
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14-Dec-2021 | Indivjal Dhasmana
Privatisation of public sector units to drive divestment receipts: MoS
Finance ministry says scope for minority stake sale has declined
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14-Dec-2021 | Indivjal Dhasmana
India's retail inflation rises to three-month high of 4.9% in November
Remains within RBI's target range for fifth month
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13-Dec-2021 | Indivjal Dhasmana
After papad, cheese balls another food item to trigger GST dispute
The petitioner, Savencia Fromage & Dairy Pvt Ltd, argued for its inclusion under cheese which attracts a 12 per cent rate of GST
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12-Dec-2021 | Indivjal Dhasmana
Centre was sensitive to fiscal deficit: Garg on CAG's bank recap concerns
Funds for these investments were raised by the government through the issue of non-transferable special securities to the same PSBs.
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11-Dec-2021 | Indivjal Dhasmana
IIP continued to recover in Oct; Omicron impact to be less severe: FinMin
Department of Economic Affairs asserts that economic recovery to gain further momentum remaining two quarters of FY22
