Clipped from: https://www.business-standard.com/article/economy-policy/don-t-think-today-s-situation-calls-for-negative-real-rates-jayanth-varma-122063001134_1.html Either inflation has to come down on its own or we will have to raise the rate, or it will be a combination
Labour codes not to kick in from Friday even as states, UTs frame rules | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/labour-codes-not-to-kick-in-from-friday-as-states-uts-frame-rules-122063001190_1.html The Centre has already finalised rules on all the four codes Once implemented, the codes will replace 29 existing labour laws. The Union
*GST tweak on food items to plug revenue leakages, says CBIC chief | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/gst-on-unbranded-packaged-food-items-to-plug-revenue-leakages-cbic-chief-122063001252_1.html Says it will build a robust tax system without being intrusive Central Board of Indirect Taxes and Customs (CBIC) Chairman Vivek Johri The Goods
*Change in GST rates may generate Rs 15K cr a year: Revenue secy Tarun Bajaj | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/change-in-gst-rates-may-generate-rs-15k-cr-a-year-revenue-secy-tarun-bajaj-122070100040_1.html ‘Implementing GST was challenging in a country like India, which follows a federal structure’ Revenue Secretary Tarun Bajaj Revenue Secretary Tarun Bajaj spoke to Shrimi Choudhary on
*Five years of GST: Chidambaram to Sitharaman, the people behind the reform | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/five-years-of-gst-chidambaram-to-sitharaman-the-people-behind-the-reform-122070100032_1.html The benefits of GST will positively ensure it to be ‘Good and Simple Tax’ for citizens of India, says Prime Minister Narendra Modi
*Five years of GST: Taxing time for relations between Centre and states | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/five-years-of-gst-taxing-time-for-relations-between-centre-and-states-122070100024_1.html Shrinking fiscal space has brought states on a collision course with the Centre At least 16 states debated an extension of the compensation
*Five years of GST: Collections up, but filings decline, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/five-years-of-gst-collections-up-but-filings-decline-shows-data-122070100019_1.html A Business Standard analysis found that returns filed under GSTR-3B declined 13.8 per cent YoY in FY22 An average of 7.9 million returns
*GST: What lies ahead for India’s most ambitious indirect tax reform? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-what-lies-ahead-for-india-s-most-ambitious-indirect-tax-reform-122063001481_1.html The continuation of a business-as-usual approach can undermine the GST’s ability to either raise revenues for the government or improve the ease of
*Five years of GST: Mistakes that have made the regime a disappointment | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/five-years-of-gst-mistakes-that-have-made-the-regime-a-disappointment-122070100014_1.html Addressing mistakes made while introducing the tax and getting back to a revenue-neutral rate(s) constitute the agenda that awaits attention Clearly, there is
Gift cards, reward points not virtual digital assets, says CBDT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/gift-cards-reward-points-not-virtual-digital-assets-says-cbdt/articleshow/92582726.cms Synopsis This will ensure that these products do not face the tax applicable on VDAs such as cryptocurrencies and non-fungible tokens (NFTs), introduced
Wall Street plunges, S&P 500 set for worst first-half since 1970 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/us-stocks-open-lower-on-mounting-growth-worries/articleshow/92576612.cms U.S. stocks tumbled on Thursday, setting the S&P 500 for its worst first six months since 1970, on concerns that central banks determined
Govt ready for key policy changes to encourage small entrepreneurs: PM Modi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govt-ready-for-key-policy-changes-to-encourage-small-entrepreneurs-pm-modi/articleshow/92582694.cms Synopsis The Centre has increased the budget by more than 650% in the last eight years to strengthen the MSME sector, Modi said.
3 income tax changes effective from July 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/3-income-tax-changes-effective-from-july-1/articleshow/92563497.cms Synopsis The income tax laws that apply to various individuals will see a few new changes in July. Here are three significant changes
5 years of GST: A mix of success and work in progress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/the-impact-of-gst-a-5-year-tale/articleshow/92561762.cms ‘One nation, One market, One tax’ – the driving motto behind the introduction of GST, with effect from 01 July 2017, has brought
Five years of GST – Baby out of the cradle – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/five-years-of-gst-baby-out-of-the-cradle/articleshow/92561256.cms Synopsis Whenever the history of Indian GST is written, the impact of technology in its implementation and execution would invariably be a major
GST’s half-a-decade journey: Tech usage to plug revenue leaks, Rs 1.3 lakh cr monthly tax ‘new normal’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gsts-half-a-decade-journey-tech-usage-to-plug-revenue-leaks-rs-1-3-lakh-cr-monthly-tax-new-normal/articleshow/92566377.cms Synopsis Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essential items and
aspirational district: 213 districts, 500 blocks identified to scale up Aspirational District model – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/213-districts-500-blocks-identified-to-scale-up-aspirational-district-model/articleshow/92582245.cms Synopsis The Union government has been preparing since January when it asked all central ministries to identify ‘low performing districts’. An inter-ministerial committee
Five years of GST: How Centre-state bickering on the tax’s pickings can be resolved – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/five-years-of-gst-how-centre-state-bickering-on-the-taxs-pickings-can-be-resolved/articleshow/92581899.cms Synopsis To be sure, the Union government, too, is fiscally challenged, having had to undertake a huge step-up in its social welfare spending,
High inflation globally to stay longer as war and sanctions take toll on economies: RBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/high-inflation-globally-to-stay-longer-as-war-and-sanctions-take-toll-on-economies-rbi-report/articleshow/92580283.cms Synopsis RBI said the shock waves from the war in Ukraine and retaliatory economic and financial sanctions (on Russia) have jolted the global
Equity can be a risky asset class even when you don’t invest in the stock market. Here’s how. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/equity-can-be-a-risky-asset-class-even-when-you-dont-invest-in-the-stock-market-heres-how-/primearticleshow/92554358.cms SynopsisMoving in and out of the market could lead you to miss out on days when market is in a good mood. As
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