India’s road network can pave the path to rapid economic recovery in coming years
Massive road infrastructure development in the country would yield a multiplier effect on development.
GST law should not treat defaulting suppliers and innocent purchasers at par
Recently, the Goods and Services Tax regime in India, which brought transformational change in the country’s overall tax structure, completed four...
Monetary Policy Committee minutes: Continued monetary support necessary, says RBI governor Shaktikanta Das
Das wrote that the outlook on inflation had improved and the inflation projection for FY22 had been revised downwards by 40 basis points (bps) to...
GST revamp: Group of state finance ministers for steps to eliminate fake input tax credit claims
The GoM decided to benefit from international experiences to improve compliance and reporting of B2C supplies, the official said. It was recognised...
CCEA decision: Cabinet secretary-led group to review PM GatiShakti roll-out
The EGOS will be headed by the cabinet secretary and consist of secretaries of 18 ministries as members and the head of the commerce ministry’s...
WTO ministerial: Fishery subsidy, patent waiver to fight Covid likely to top agenda
The 12th ministerial conference of the WTO will be held in Geneva from November 30 to December 3.
Meet festive demand, lend liberally, PSBs told
The finance ministry has also asked ministries of agriculture, labour, housing, health and rural development to help bolster the number of...
Interview: Sudhir Kapadia, EY India Tax Leader – ‘OECD tax deal directionally good for India; being a large market, the country stands to gain’
According to the latest OECD framework agreement, Pillar One will apply to multinational enterprises (MNEs) with profitability above 10% and global...
Moody’s upgrades banking system outlook to ‘stable’
Earlier this month, Moody's revised up its outlook for India to “stable” from “negative” after almost two years, although it retained the sovereign...
More stimulus to come if needed, says FM Nirmala Sitharaman
“They (fiscal stimulus measures) will continue,” Sitharaman told the news agency. “The emphasis on building health infrastructure will continue,”...
E-way bill generation moderates; pick-up likely before Diwali
However, the daily average for the first 17 days of October at 21.74 lakh was still 2.4% higher than the same for the first 19 days of September.
Finance ministry to seek rating upgrade from Fitch
In June 2020, Fitch had trimmed its India outlook to “negative”, citing a sharp Covid-induced deterioration of the country’s growth and fiscal...