All stories by Indivjal Dhasmana
Payments by Indian firms for foreign software not taxable: SC
Rediff.com5 days agoThe apex court has settled the long-pending dispute between companies such as Samsung, IBM, HP & others and the tax department.
NSE technical glitch cost us immensely, says FM Nirmala Sitharaman
Rediff.com6 days agoTaking lessons from that, I would think seamless digital payments is something you have to clearly have a roadmap for, the FM said.
4-day week likely for some firms as final rules of labour codes are set
Rediff.com9 Feb 2021Working hours cannot go beyond 48. Those who give a four-day week will have to provide three consecutive holidays after that.
RBI wants government to cut fuel tax to ease inflation
Rediff.com6 Feb 2021'Pump prices of petrol and diesel have reached historical highs. An unwinding of taxes on petroleum products by both the Centre and the states could ease the cost-push pressures,' the Monetary Policy Committee (MPC) has said.
Economic surveys: A case of hits and misses on GDP numbers
Rediff.com5 Feb 2021Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Niggling issues in India-US mini trade deal mostly addressed: Commerce Secy
Rediff.com4 Feb 2021India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.
Going easy on loans: FM brings transparency in off-budget borrowings
Rediff.com2 Feb 2021Sitharaman does away with loans from National Small Savings Fund to Food Corporation of India.
Budget 2021: Experts waiting for a debt management road map
Rediff.com22 Jan 2021There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.
India to drive Covid vaccine delivery in Asia Pacific: Moody's
Rediff.com19 Jan 2021As the largest producer of vaccines in the world, with 60 per cent of the global share, India is well-positioned to use its existing manufacturing capabilities to contribute to mass vaccine production and distribution needs for other countries in addition to meeting its domestic requirements, said Moody's.
Ease fiscal deficit, look at higher spend for future: Assocham president to FM
Rediff.com18 Jan 2021As spending on infrastructure has three times the desired impact, the government's Rs 111 trillion National Infrastructure Pipeline should be accelerated: Assocham president, Vineet Aggarwal
FRBM Act may be tweaked as escape clause not valid, say economists
Rediff.com4 Jan 2021If the government cuts wasteful expenditure as it is trying now, the deficit would at most fall to 8 per cent, not less than that.
1% GST in cash: FinMin clarifies on why it was necessary
Rediff.com28 Dec 2020This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.
Dry run for Covid inoculation next week
Rediff.com26 Dec 2020An important focus of the dry run will be on management of any possible adverse events following immunisation.
Don't tweak inflation target range: Economists tell FM in pre-Budget talks
Rediff.com24 Dec 2020They have also called for giving cash to the poor, so that demand is generated in the economy.
'India will see double digit growth next year'
Rediff.com8 Dec 2020'The fourth quarter will show a positive growth in GDP.'
Can India sustain Rs 1-trillion monthly GST collection?
Rediff.com4 Dec 2020Experts warn of over-interpreting the numbers and said their sustainability needed to be watched beyond November, says Indivjal Dhasmana.
4 states worst affected by rising inflation
Rediff.com3 Dec 2020At over 6 per cent, most states in October had inflation rates above the Reserve Bank of India's target band of 2-6 per cent.
4 states worst affected by rising inflation
Rediff.com2 Dec 2020At over 6 per cent, most states in October had inflation rates above the Reserve Bank of India's target band of 2-6 per cent.
Covid-19 crisis: Signs of economic recovery fragile, say experts
Rediff.com12 Oct 2020'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
All you MUST know about the new tax rules
Rediff.com2 Oct 2020From road transport to health insurance, tax rules have changed from October 1.