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GST FORMAL ECONOMY
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
ET Alpha Wealth Summit Masterclass | 'When you zoom out, things look very good;" Vikas Khemani on the India story every investor needs to hear nowIndia has built a strong foundation for growth over the past decade, according to Vikas Khemani of Carnelian Asset Management. He highlight...
CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rolloutTraders' body CAIT seeks simpler GST rules. Tax collections have surged since 2017, but ground-level compliance remains difficult. More sim...
India’s 'China-plus-one' push needs tax ease and fast-track FTAs with developed nations: Arvind VirmaniIndia must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani e...
India’s influencer marketing industry to reach Rs 5,000 crore by 2027 as creator economy formalises: Kofluence reportThe creator economy in India is swiftly evolving into a robust and organised sector. Brands are stepping up their accountability, while cre...
Bridal jewellery gets a gold rush across India as panic buying over policy curbs and higher duties intensifiesConsumers are rushing to buy bridal jewellery across India. This surge follows Prime Minister Narendra Modi's call for austerity measures. ...
Mature hands for money: India’s next economic reform lies in building financially aware householdsIndia has achieved significant financial inclusion, opening millions of bank accounts and expanding digital payments. However, a new study ...
Sandip Sabharwal remains bullish on FMCG, retail and defence themesIndian equity markets are poised for a potential rally driven by strong corporate earnings and resilient consumer demand, according to mark...
MoSPI proposes Index of Service Production with 2024-25 as base yearThe Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...
Pani Puri vendor gets GST notice as PhonePe and UPI payments cross Rs 40 lakh in a yearPani Puri Vendor GST Notice: Indian Pani Puri vendors have received GST notices after their annual digital transactions surpassed Rs 40 lak...
Temp hiring numbers surge as GST helps formalise economyThe number of new temp jobs is likely to touch 300,000, up from 130,000 last year, they estimate.
GST scores high on ease of doing businessIndustry captains lauded the GST calling it an enabler of ease of doing business. GST has cut out the cascading of levies, widened the tax ...
Economic Survey: 7 hidden facts about the Indian economy that you now know, courtesy GSTThe Economic Survey presented by Chief Economic Advisor, Arvind Subramanian on Monday carries an entire chapter on what riches the GST brin...
India should stabilise GST, remove uncertainties for exportersGST implementation has increased the indirect taxpayer base by more than 50% with 34 lakh businesses coming into the tax net, the Survey sa...
With GST, more lending will be formalised now: Arvind KapilThe fact is that unsecured loans will grow over two to three decades. Consumerism is at a very nascent stage. Retail is growing despite our...
View: Modi government's flip-flops just turned a simple law into a dreaded nightmareAs of now, it looks like only one of GST's four goals is being achieved. It isn't a small feat, but nowhere in the world is one out of four...
Effect of demonetisation has been extremely positive: Finance Minister Arun JaitleyHe also said that demonetisation had dealt a body blow to terrorist and Maoist financing that was evident from the situation on the ground ...
GST to make India a simpler, more revenue generating economy: Amitabh Kant"GST will make India a formal, easier & simpler, a more revenue generating economy & 1 tax, 1 country economy. Will give a push 2 #MakeinIn...
Demonetisation, GST to fetch more revenues to government: Arun JaitleyJaitley said demonetisation has gradually increased the process of integrating the shadow, parallel and informal economies in far greater n...
Hopeful of resolving issues to roll out GST from April 1: Finance Minister Arun JaitleyGST, which is to subsume most of central and state taxes like excise, service tax and VAT, needs to roll out by latest September 16, 2017, ...