On this day: Take a look at the key events held on July 1 in history. The day marks the implementation of GST laws in India in 2017. Back to 1997, Hong Kong returned to China in 1997
Read More
Top news on 30 June: Karnataka govt issues ₹9.45 crore GST notice to Zomato; Mcap of top BSE firms added 2.98 lakh crore, Reliance leads pack; IMD warns of flash floods in several Indian states, issues alerts for heavy rainfall
Read More
As Union Finance Minister Nirmala Sitharaman is all set to table the Budget 2024-25 in the third week of July, India's real estate sector hopes for a series of reforms and incentives that can drive growth and address longstanding challenges. Expectations range from increased rebates on home loan interest rates, GST rate reductions, single-window clearance systems, reduced property prices, and promoting off-centre locations.
Read More
New Delhi: The goods and services tax (GST) council will take decisions on waiving disputed tax liabilities of certain industries based on a new provision that the federal indirect tax body inserted in tax laws at its meeting last Saturday, according to two persons with knowledge of the matter.
Read More
The Union Finance Ministry is gearing up to present the full Union Budget for the fiscal year 2024-25 in July. Several stakeholders from the education sector voiced their expectations from Finance Minister Nirmala Sitharaman.
Read More
New Delhi: July will mark the seven-year anniversary of the introduction of the goods and services tax (GST), one of the biggest economic reforms in India since 1991. GST brought the taxation of goods and services under a single umbrella, replacing a range of state and central taxes, many of which had been in place for decades. The aim was to create a single common market, where sellers and buyers didn’t have to worry about paying a state tax here and a municipal tax there.
Read More
The Indian insurance industry's growth trajectory aligns with India's aspirations, with Swiss Re, a reinsurance company, projecting it as the fastest-growing among G20 countries between 2024 and 2028. However, there is still much ground to cover.
Read More
The finance ministry introduced a new tax regime in the financial year 2020-21 with lower tax rates in exchange for most major tax deductions and exemptions available under the old regime.
Read More
While UP and Tamil Nadu file more returns than Maharashtra on a monthly basis, in the last month of every quarter, when smaller businesses with annual sales of up to ₹1.5 crore also file returns, Maharashtra has an edge
Read More
India is at the threshold of a major structural shift in its growth trajectory moving towards 8% GDP growth in a sustained manner. We are moving towards an annual growth rate of 8%, said RBI Governor Shaktikanta Das.
Read More