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1 min read

Rs 81,043 cr GST compensation released to states for Apr-Sep: Thakur

For 2018-19 fiscal, the net collection of GST compensation cess stood at Rs 95,081 crore as against…

PTI   


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1 min read

Hero Motocorp wants government to take ‘urgent steps’ to help recover falling sales

Hero Motocorp posted a net profit of ₹1,257 crore for the quarter ending June 2019, up 38% from las…

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2 mins read

India lost ₹900 billion due to tax rate cuts under GST, says former Finance Minister Arun Jaitley

Just a few days ahead of the Union Budget, former Finance Minister Arun Jaitley said that the gover…

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2 mins read

Central GST collection at Rs 3.26 lakh cr in FY'20: Thakur

The expected central taxes revenue for 2019-20 will be re-assessed and presented as revised estima…

PTI   


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3 mins read

Pidilite shareholders are paying the price for the real estate slowdown — weak pre-monsoon sales to drag revenues

For the 61-year old brand Pidilite, the pre-monsoon season is usually the best time of the year— as…

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Patanjali Ayurved posts Rs 3,562 cr revenue for Apr-Sep

"This is the figure of the Patanjali Ayurved and does not indicate of all business. We have done in…

PTI   


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3 mins read

India Inc’s market leaders had a solid end to 2018 but their gains were largely due to external factors

The third quarter for 2018-19 was expected to be an unmemorable one in terms of real earnings for…

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4 mins read

No GST for education and health care this year

GST will subsume central levies like excise duty on manufactured products and service tax on render…

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2 mins read

India might charge goods and services tax for cryptocurrency dealings

After months of confusion over their legal status, it seems the Indian government is planning to re…

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3 mins read

Here’s what the fiscal health of Indian states looks like post-demonetisation and GST

India’s states are increasing the amount they spend on asset creation, in lieu of futu…

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1 min read

Arun Jaitley says government may lower tax rates in future

Jaitley said unaccounted wealth is coming into the system and the enforcement agencies are keeping …

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3 mins read

Govt is committed to making India’s tax regime stable and predictable, says Arun Jaitley #MakeinIndiaweek

The mega event is being organized by the Confederation of Indian Industry (CII) in partnership with…

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6 mins read

Pre-budget expectations: Script India’s growth story with clear, time-bound milestones

It is quite natural for expectations to be high, given the fact that the NDA government had been vo…

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2 mins read

Rupee rises 4 paise to 83.62 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.64, and touched an early …

PTI   


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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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6 mins read

'Prudent, not populist' with a positive fiscal deficit surprise – market watchers, economists praise Interim Budget 2024

Finance Minister Nirmala Sitharaman presented the Interim Budget for 2024 before the country heads …

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4 mins read

India set to be a $7 trillion economy by 2030, powered by triple engines of rapid financialisation, clean energy transition and digital revolution

India is on track to becoming a $7 trillion economy by 2030 powered by the triple engines of rapid …

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1 min read

PLI, tax exemptions and financial support from government: Budget wishlist of space sector

According to ISpA's Director General, Lt. Gen. AK Bhatt (Retd.), the suggestions/wishlist were r…

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Rupee gains 18 paise to 81.08 against US dollar

Forex traders said weak domestic equities and foreign fund outflows weighed on the local unit an…

PTI