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Goods and Services Tax

Now, onus on food delivery apps to collect GST

Consumer

17 September, 2021

Now, onus on food delivery apps to collect GST

The Goods and Services Tax (GST) council on Friday left the tax slab on food  delivery apps unchanged but is ......

GST shortfall: Central govt to borrow $15 bn to give to states

Economy

16 October, 2020

GST shortfall: Central govt to borrow $15 bn to give to states

India's federal government said it plans to borrow 1.1 trillion rupees in tranches to compensate states for tax losses due ......

Centre, some states in stalemate on borrowing to boost pandemic-hit economy

Economy

13 October, 2020

Centre, some states in stalemate on borrowing to boost pandemic-hit economy

Spending to help India's pandemic-hit economy is likely to face delays after the federal government and some states on Monday ......

State govts scramble for funds as virus takes toll on coffers

Finance

07 April, 2020

State govts scramble for funds as virus takes toll on coffers

A three-week nationwide lockdown is testing the resilience of India’s state governments, with analysts warning that essential public services and ......

Indian retailers see revenue hit, job losses on coronavirus outbreak

Consumer

23 March, 2020

Indian retailers see revenue hit, job losses on coronavirus outbreak

The coronavirus pandemic amid an economic slowdown has hit revenue at Indian retailers selling non essential items like clothes and ......

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Why the PE/VC industry is seeking tax parity in Budget 2020

Finance

17 January, 2020

Why the PE/VC industry is seeking tax parity in Budget 2020

The lobby group of private equity and venture capital firms in India wants the government to level the playing field ......

India's love for cash hinders move to digital economy despite demonetisation push

Finance

14 November, 2019

India's love for cash hinders move to digital economy despite demonetisation push

India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and mobile phone ......

India's October services activity contracts for second straight month

Economy

05 November, 2019

India's October services activity contracts for second straight month

Activity in India’s dominant services industry contracted for a second consecutive month in October due to muted demand, a private ......

India to miss fiscal deficit target as slowing growth crimps tax revenue

Finance

17 October, 2019

India to miss fiscal deficit target as slowing growth crimps tax revenue

India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year ......

PM Modi's switch to faceless assessment irks tax unions

Finance

15 October, 2019

PM Modi's switch to faceless assessment irks tax unions

Indian tax officials are pushing back against Prime Minister Narendra Modi’s new faceless tax assessment program, complaining about a lack ......