People who have known the prime minister up close say his magic – which according to analysts handed the BJP a landslide victory in Uttar Pradesh despite anger over demonetisation – i
Finance minister Nirmala Sitharaman presented the union budget for 2020-21 on Friday, providing significant relief in particular to middle-class taxpayers. Here are the main proposals related to ta
Prime minister Narendra Modi on Thursday launched a platform for “Transparent Taxation - Honouring the Honest” through video conferencing. Addressing trade and industry b
The Union Budget 2021-22 presented in Parliament on Monday by the finance minister Nirmala Sitharaman seeks to further simplify the tax administration, litigation management and ease the compliance
In a first of its kind case, the Nagpur zonal unit of the director general of GST intelligence DGGI) has busted a massive racket of fraudulent refunds of input tax credit (ITC) amounting to Rs 213.
The world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion (at a rate of $15,000 per second or $1.3 billion a day) during the first two years of a pandemi
Amidst the third Covid-19 wave raging the country, India`s finance minister Nirmala Sitharaman delivered her shortest ever budget speech and presented the budget of 2022-23 on February 1. With a vi
The union budget for 2022-23, presented by finance minister Nirmala Sitharaman in parliament Tuesday, has been described as growth-oriented. In Prime minister Narendra Modi’s words, “Th
As the fiscal year concludes, heightened expectations surround the upcoming interim budget, which serves as a precursor to the comprehensive budget. This interim budget is anticipated to address ke
A Summary of the Interim Union Budget 2024-25 * CAPITAL EXPENDITURE OUTLAY FOR THE NEXT YEAR IS BEING INCREASED BY 11.1 PER CENT TO RS 11,11,111 CRORE, WHICH WOULD BE 3.4 PE
Despite uncertainty from adverse geopolitical developments and expansionary fiscal measures taken during the COVID-19 pandemic, the Indian economy has demonstrated resilience and maintained healthy
The provisional figures of direct tax collections for the financial year 2023-24 show that net collections are at Rs. 19.58 lakh crore, 17.70% more than Rs. 16.64 lakh crore in 2022-23.
The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in dom
