Wholesale price index spike may hit consumer price index with lag: Economists – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/wholesale-price-index-spike-may-hit-consumer-price-index-with-lag-economists/articleshow/82755193.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India’s wholesale inflation rose to a near 11-year high of 10.5% in April, data released on Monday showed. By contrast, retail inflation, as

Hardships faced by the salaried: 35 million workers tapped provident fund accounts since April 2020 – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/finance/hardships-faced-by-the-salaried-35-million-workers-tapped-provident-fund-accounts-since-april-2020/articleshow/82725390.cms SynopsisNearly 7.2 million of these workers together availed of the non-refundable Covid advance that was allowed last year amounting to Rs 18,500 crore

Reimbursement claimed on welfare expenses incurred by multinationals in India outside gamut of tax: ITAT – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/reimbursement-claimed-on-welfare-expenses-incurred-by-multinationals-in-india-outside-gamut-of-tax-itat/articleshow/82680179.cmsSynopsis Tax tribunal lays out ground rules for taxing such expenses, should benefit Indian arms amidst Covid pandemic. It said that there should be

India Inc’s foreign investment jumps over two-folds to $2.51 billion in April 2021 – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-foreign-investment-jumps-over-two-folds-to-2-51-billion-in-april-2021/articleshow/82715145.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Of the total commitment of USD 2.51 billion in April this year by the Indian company owners, USD 1.75 billion was in the

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