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4 mins read
Despite pandemic and growing health scares, India’s budget share for healthcare continues to decline
As the Finance Minister Nirmala Sitharaman prepares to present the full budget for the current fisc…
3 mins read
India may be considering a COVID cess on high income earners — aside from more levy on fuel
Ahead of Budget 2021, India is mulling imposition of an additional COVID cess or surcharge on high …
3 mins read
To get more oxygen concentrators, Remdesivir injections and COVID-19 vaccines, India temporarily lifts customs duty and cess on imports
Facing supply shortages on multiple ends, the Indian government has decided to lift the customs dut…
5 mins read
India is an oasis of growth amid a slower global economic landscape, witnessing a once-in-a-generation growth: G20 Sherpa Amitabh Kant
India is witnessing a once-in-a-generation economic growth which can be attributed to radical chang…
ANI
3 mins read
The super rich in India may face wealth tax and one-time COVID-19 relief cess of 4%
The Indian Revenue Service Association (IRSA) has suggested the imposition of wealth tax on the sup…
1 min read
Kumaraswamy suggests COVID cess on ultra rich to offset revenue loss
"According to RBI and international economicassessment agencies, the GDP growth rate of the country…
PTI
2 mins read
GST Council gives two options to bridge compensation shortfall — states ask for seven working days to make up their mind
The Finance Ministry estimates the shortfall in cess collection this year will be around ₹2,35…
2 mins read
'Cess introduced in budget will boost states' agri infra'
With many opposition parties slamming the introduction of cess in the budget, presented by Finance …
PTI
3 mins read
India's GST revenue falls below ₹1 lakh crore for the first time this year
Though the GST revenues during June 2021 are lower than the over Rs 1 lakh crore collections rec…
3 mins read
A COVID-19 SMS malware is targeting users in India as they look for alternatives to CoWIN for vaccine registration
An SMS worm claiming to help users in India book a slot to get the COVID-19 vaccine is making the r…
1 min read
Two made-in-India COVID vaccines most cost-effective in the world: PM Modi
"Our experts have taken all precautions to provide the countrymen with effective vaccines," he …
PTI
6 mins read
India’s car dealers are hoping that Nirmala Sitharaman’s Budget 2021 brings buyers back — but rising prices may still be a deterrent
There is a long list of asks from the auto industry, including the dealers — from income tax re…
3 mins read
India is one of the few Asian countries where Covid-19 cases are rising
Source:Worldometer China placed Wu…
5 mins read
Budget 2023-24 highlights: Those with income below ₹7 lakh a year need not pay income tax
The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…
2 mins read
Three-tier GST rate structure could be announced as soon as next financial year, says report
The idea is, sources said, to move away from the present broad five rate structure of zero, …
4 mins read
Kerala Finance Minister believes in just one economic stimulus — vaccines
A lot of states have been releasing their own stimulus packages to compensate for the strict lockdo…
3 mins read
GST exemption on domestic supplies, commercial imports of COVID drugs to make them costlier, says Finance Minister Nirmala Sitharaman
From the GST collected on vaccine, half is earned by the Centre and the other half by the St…
PTI
2 mins read
Gujarat schools and colleges reopen after nine months of COVID-19 restrictions
Various state ministers and BJP MLAs remained present at different schools in Gujarat to welcome…
PTI
1 min read
Tamil Nadu to reopen schools from January 19 for students of class 10, 12
Tamil Nadu Chief Minister K.Palaniswami on Tuesday announced reopening of schools for classes 10 an…
2 mins read
US President-elect Joe Biden receives second dose of COVID-19 vaccine
US President-elect Joe Biden has received the second dose of the Covid-19 vaccine, four weeks after…