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Profiteering worries cast cloud over GST cuts

new delhi, Aug. 4 -- The spectre of profiteering is holding back a new round of tax cuts, as the federal council for indirect taxes fears businesses will pocket the savings instead of passing them on.... Read More


Profiteering worries cast a cloud over GST cuts

new delhi, Aug. 4 -- The spectre of profiteering is holding back a new round of tax cuts, as the federal council for indirect taxes fears businesses will pocket the savings instead of passing them on.... Read More


GST mop-up at Rs.1.96 trillion in July, but higher refunds slow net revenue growth

New Delhi, Aug. 1 -- The Centre and state governments collected Rs.1.96 trillion in Goods and Services Tax (GST) in July, a 7.5% increase from the same period last year, official data showed on Friday... Read More


Trump slams the door-Don't give in, chart a new trade path, say experts

New Delhi, Aug. 1 -- New Delhi: India should continue to focus on manufacturing for the world, but with a more diversified "US-plus" export market, even as President Donald Trump's 25% tariff and an u... Read More


ICAI Council clears new financial statement format for businesses; businesses may adopt by FY28

New Delhi, Aug. 1 -- The way Indian companies present their profit and loss statements is set for a makeover, one that could provide investors with a clearer picture of what's driving profits and wher... Read More


Google offers to modify policy on gaming apps to avoid CCI probe

New Delhi, July 31 -- Google LLC has proposed to modify its policies for hosting real-money gaming (RMG) apps on the Play Store in India, aiming to avoid an antitrust investigation by the Competition ... Read More


ICAI tightens norms on tax audits accountants can accept

New Delhi, July 30 -- New Delhi: Accounting rule-maker Institute of Chartered Accountants of India (ICAI) said on Wednesday it has modified the norms on the maximum number of tax audits a chartered ac... Read More


AIIB in talks with India on sovereign infrastructure project pipeline

New Delhi, July 29 -- Beijing-based Asian Infrastructure Investment Bank (AIIB), in which India is the second largest shareholder after China, is holding discussions with the Central and state governm... Read More


Expanding women's workforce key to unlocking India's economic growth, says EAC-PM head Dev

New Delhi, July 27 -- The Indian economy could see a significant boost if more women are brought into the formal or informal sectors, according to S. Mahendra Dev, Chairman of the Economic Advisory Co... Read More


Global oversight needed for the tokenization of currency: Nirmala Sitharaman

New Delhi, July 27 -- Finance minister Nirmala Sitharaman on Saturday called for a redefinition of multilateral institutions to provide effective oversight as countries explore the tokenization of cur... Read More