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But in the fiscal year 2018-19, GST is expected to increase the GDP growth rate by 0.75 percentage points.

India Inc Sees Strong Growth Despite Global Challenges

India Inc reports steady growth post-elections; private capex to rise in FY25 amid global challenges, business...

6 Oct 2024 5:33 PM IST

India sets April 2025 as sunset for GST anti-profiteering

India sets April 2025 as sunset for GST anti-profiteering

Centre sets April 2025 for ending GST anti-profiteering, with pending cases handled by GSTAT instead of CCI starting...

1 Oct 2024 5:00 PM IST

Indias GSTN restores July and August 2017 returns data

India's GSTN restores July and August 2017 returns data

GST Network has restored returns data for July and August 2017 on its portal, urging taxpayers to download before...

29 Sept 2024 6:00 PM IST

India plans fiscal stimulus ahead of 2024 state polls

India plans fiscal stimulus ahead of 2024 state polls

India to introduce fiscal stimulus, focusing on key sectors like energy and health, ahead of state elections in 2024

29 Sept 2024 5:32 PM IST

Indias GST Council Forms GoM to Review Luxury Tax Post-Cess

India's GST Council Forms GoM to Review Luxury Tax Post-Cess

GST Council forms GoM to propose tax on luxury, sin, and demerit goods after cess ends in March 2026

27 Sept 2024 6:00 PM IST

The Economic Survey 2015-16 has said that a favourable policy regime and sound business environment have facilitated increase in FDI flows into the country.

India eyes $100 billion annual FDI with rising inflows

India expects to reach $100 billion annual FDI soon, with current foreign direct investments nearing $80 billion per...

25 Sept 2024 5:43 PM IST

PLI, DLI Schemes See 35% Investment; More Growth by FY25

PLI, DLI Schemes See 35% Investment; More Growth by FY25

35% of the PLI/DLI schemes' Rs 4 trillion capex invested by May 2024, with 11% more expected by FY25. Progress noted in...

16 Aug 2024 7:21 PM IST

Indias Manufacturing Expands in July Amid High Cost Pressures

India's Manufacturing Expands in July Amid High Cost Pressures

India’s manufacturing grew in July, but high costs led to the sharpest price rise in a decade, HSBC PMI shows

1 Aug 2024 5:59 PM IST

DC Edit | Economy robust, rise inevitable

DC Edit | Economy robust, rise inevitable

Prime Minister Modi predicts India will soon become the third largest economy, citing flourishing domestic industry and...

1 Aug 2024 12:00 AM IST

The Budget signals a commitment to macroeconomic stability.

Informal Sector Loses Rs 11.5 Trillion, 16M Jobs Post Shocks

India's informal sector suffers major losses, with 16 million jobs lost and significant economic impact due to...

9 July 2024 6:00 PM IST

Nirmala Sitharamans Herculean Task: Steering Indias Economic Growth

Nirmala Sitharaman's Herculean Task: Steering India's Economic Growth

Newly reinstated Finance Minister Nirmala Sitharaman faces the challenge of steering India towards a $5-trillion economy...

11 Jun 2024 8:14 PM IST

Indias merchandise exports contracted 15.8 per cent to $261 billion in the 2015/16 fiscal year ending March, down from $310 billion in the previous year.

India Registers $6 Billion Current Account Surplus in Q4FY24

India's current account surplus hits $6 billion in Q4FY24, marking a positive shift after 10 quarters. Exports set to...

6 Jun 2024 6:33 PM IST