West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...
GST wins India Inc's vote, but businesses seek faster refunds and smarter reforms: DeloitteIndia's GST regime has achieved widespread acceptance, with digitisation and rate adjustments hailed as major successes. Businesses now pri...
India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
Gold imports from Dubai may rise after duty hike: GTRIIndia's recent hike in import duties on gold and silver opens the door for enhanced trade relations with Dubai. Thanks to the India-UAE tra...
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
Gold volume growth may dip 10–15% after duty hike, say jewellersIndia's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...
Why gold’s Rs 10,000 spike after import duty increase is a one-off moveGold and silver prices staged a sharp comeback on Wednesday, with MCX futures for both metals surging nearly 6% in a single session after t...
Gold import duty hike to hurt jewellery trade, spur grey market: GJCGold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty t...
Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...
NMDC hikes iron ore prices by Rs 200 tonneState-owned NMDC has raised iron ore lump and fines prices by Rs 200 per tonne, effective immediately. Baila lump ore is now priced at Rs 5...
GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
No cause for concern over sufficiency of GST cess fund: Finance MinistryThe finance ministry assures there is no concern regarding the sufficiency of the GST compensation cess fund. It is on track to meet all ob...
Temporary retention of GST compensation in the Consolidated Fund isn't diversion: FinMin Sources"In all earnest there has been no diversion of funds... the time taken in reconciliation of compensation receipts can’t be termed as divers...
FM Nirmala Sitharaman says centre committed to paying GST compensation; does not give timelineDuring the debate in the Rajya Sabha on the bill seeking Parliamentary nod for additional or supplementary spending in the current fiscal, ...
Auto shares advance despite GST cess hikeThe increased GST cess on mid- and high-segment cars approved by the GST Council will come into effect from Monday.