New Delhi, Oct. 13 -- The International Monetary Fund (IMF) has raised India's growth forecast by 60 basis points to 7 per cent for the current fiscal year, 2026-27 (FY27). "India's growth remained r... Read More
New Delhi, Oct. 12 -- The base effect, combined with rising food prices, pushed retail inflation, measured by the Consumer Price Index (CPI), to a 21-month high of 5.54 per cent in September, accordin... Read More
New Delhi, Oct. 12 -- Retail inflation based on Consumer Price Index (CPI) surged to 5.54 per cent, government reported on Monday. It was 4.83 per cent in August. Food inflation, based on the Consume... Read More
New Delhi, Oct. 11 -- The Insurance Regulatory and Development Authority of India (IRDAI) is confident of curbing misseling with the help of proposed reforms. In an interview to businessline, IRDAI Ch... Read More
New Delhi, Oct. 8 -- The GST Council on Thursday recommended significant tax administration reforms, recommending the complete elimination of arrest powers for GST officers, an increase in the thresho... Read More
New Delhi, Oct. 8 -- Exporters are set to get relief, with the GST Council recommending refunds of tax paid on plant and machinery, widening the pool of recoverable taxes on services and simplifying r... Read More
New Delhi, Oct. 8 -- Finance Minister Nirmala Sitharaman on Thursday announced bringing in a faceless assessment system for around two lakh GST taxpayers registered under central GST jurisdiction but ... Read More
New Delhi, Oct. 8 -- Small businesses with a turnover of up to Rs.5 crore may soon get the option of filing returns once a year and paying taxes on a quarterly basis. Meanwhile, notices for disputed t... Read More
New Delhi, Oct. 8 -- The GST Council has recommended curbing in-route checking of vehicles carrying goods. It also recommended a uniformity in GST on delivery charges by e-commerce companies. Less ch... Read More
New Delhi, Oct. 8 -- Businesses will now be able to claim input tax credit (ITC) on health and life insurance bought for employees, as the GST Council has recommended easing several restrictions on bl... Read More