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GOODS AND SERVICES TAX COUNCIL MEETING
India: UNSC reforms will be a failure if only non-permanent membership is expandedIndia has cautioned that reforming the UN Security Council will be inadequate if only non-permanent seats are added. Permanent Representati...
Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pcDuring May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...
Shivakumar calls for legislature party meet at a resort on Tuesday ahead of June 18 Council pollsChief Minister DK Shivakumar has convened a Congress legislature party meeting. MLAs will stay at a resort to prevent poaching by the JDS. ...
India introduces PPI for goods and services, begins shift from WPIIndia has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a pr...
Sole proprietorship, LLP to private limited company; business structures for startups explainedChoosing the right business structure is crucial for a startup’s growth, taxation, compliance, control, and liability. DPIIT highlights fiv...
Iran's top security body backs 'path of dialogue': President PezeshkianIranian President Masoud Pezeshkian announced that the country's highest security authority backs the "path of dialogue" in negotiations wi...
Free trade pacts to boost furniture exports, domestic manufacturing: IndustryIndia's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic...
NDMC offers 10% rebate on property tax payments made by June 30The New Delhi Municipal Council announced a 10 percent property tax rebate for the financial year 2026-27. Property owners can avail this c...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
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...
PM Narendra Modi to chair 11th Governing Council Meeting of NITI Aayog on June 11The Governing Council Meeting will deliberate on the approach to realise this vision and translate it into concrete, measurable outcomes fo...
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
India considers extending import tax exemption on petrochemicals to beyond June 30India will consider extending import tax exemptions on petrochemicals used for making plastics and pharmaceutical goods beyond June 30 to...
India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...
Indian-American Nithya Raman leads in race for second spot in Los Angeles mayoral raceIndian-American Nithya Raman is narrowly leading the race for the second spot in the Los Angeles Mayor elections scheduled for November, af...
Thai watchdog to sue Meta over Facebook scam ads targeting usersIn previous cases, the company has said it invests in measures to detect and remove scam content and works with regulators and law enforcem...
Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...