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Economy & Policy News

Govt revises windfall tax levied on crude, diesel and ATF

India's unemployment lowest in six months at 6.8% in July: CMIE data

Govt eyes ending schemes, including PAHAL, with wasteful expenditures

Many U-turns later, Centre revokes mandatory coal import order

India's July trade deficit widens to record $31 bn; exports dip marginally

India's July trade deficit widens to $31 bn on costly imports, weak rupee

Delhi's liquor policy U-turn: Problems that interrupted the private party

Govt eases coal import targets as inventories improve in some states

5G: How much money did the govt collect in previous auction rounds?

NEWS

Goods and services tax, gst

GST e-invoicing must for entities with Rs 10 cr turnover from Oct 1

Presently, the process is mandatory for businesses with an annual turnover of Rs 20 cr and above
Amid robust tax growth, customs and excise duties decline over 10% in Q1
Foreign tourist arrivals pick up, but still a long way behind 2019 levels
» More

FEATURES

Photo: Brent Lewin/Bloomberg

GeM-SAHAY: Providing marginalised access to frictionless working capital

The Government eMarketplace (GeM) was integrated with SAHAY to launch the GeM-SAHAY app in May 2021 to address the credit availability ...
'Internet of Things' may revolutionise the agricultural sector
Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura
» More

Economic Indicators

YoY (In %)	Current	Qtr Ago	Yr Ago
Inflation (30/04)	15.08	14.27	10.49
IIP (28/02)	1.70	4.00	-3.20
GDP (31/03)	4.10	5.40	2.50
CPI (30/04)	7.79	5.66	4.23
CRR (03/06)	4.50	4.00	4.00
Bank rate (03/06)	4.65	4.25	4.25

Editorial Comment

Retiring the MiG-21

Govt must procure modern fighter aircraft
Costs of delayed justice

The link with economic growth can't be ignored
Tightening to continue

RBI has to cover more ground

» More

COLUMNISTS

5G power for India and Bharat Nivedita Mookerji

Call drops and weak signals, however, are not a phenomenon limited to rural India or to remote corners of the country
Karma catches up with the rich R Jagannathan

The world's most powerful nations are accountable for colossal economic and political mismanagement

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BUSINESS LAW & TAX

From Basmati rice cultivation to mining licences, here're key court orders

Bombay High Court last week ruled that once an arbitrator is appointed at the request of a disputing party and he recuses from the post, the ...

Tax forgone is not a loss of revenue

For promoting export, small-scale industry, education, health care and giving subsidies for the poor and the middle class in transport, ...

The RTI Act: RBI may need to rework communications strategy after SC order

RTI experts are elated with the apex court's latest order that emphasised on the RBI's statutory duty to uphold the interests of the ...

Sebi's new differential voting rights rules may hurt minority shareholders

Sebi has proposed dual-class share framework with superior voting rights, where a certain share will have higher voting power than an ordinary ...

New norms for taxing MNCs: Why amending rules on profit attribution matters

MNCs with business operations in India should review the implications of the recommendations on their business models, as well as consider any ...

David vs Goliath: Battle lines drawn between Hotel Leelaventure and ITC

The brewing corporate battle between ITC Ltd and Hotel Leelaventure would put the spotlight on the rights and the responsibilities of a player ...

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