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"No Amount Of Headline Management Can Hide...": Congress On Rural Jobs Scheme
Hitting out at the government, the Congress said on Tuesday that "no amount of headline management" with GDP growth numbers and GST revenues can hide the economic distress faced by a majority of Indians as it cited a surge in the
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How ClearTax Aims to Simplify the Cumbersome Tax Filing Process for Indians
With startup culture thriving in India and the need for ‘going local’ becoming increasingly popular, we take a look at all the hottest tech startups grabbing headlines in the country. Gadgets 360 talks to ClearTax founder Archit Gupta to know about the company’s history, growth, and future plans. We also talk to experts to understand what thi...
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Union Budget 2021-22: EV Makers Seek Lower GST, Import Duty Cut
Electric vehicle manufactures are seeking extension of the FAME-II scheme, lower GST and import duty cuts to accelerate growth of the segment.
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Plugging Goods And Services Tax Loopholes, Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the Central government is plugging the loopholes in the Good and Services Tax (GST) with the use of technology and is working towards eight per cent growth rate.
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Angel Tax Provisions For Start-Ups Removed, Says Finance Minister
The government today announced measures to revive economic growth and markets including the withdrawal of higher taxes for foreign portfolio investors (FPIs) and said it would release funds for bank recapitalisation upfront. Finance Minister Nirmala Sitharaman told reporters the government had decided to withdraw the surcharge on FPIs which she had...
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Auto Industry May Further Cut Production: Report
After denting the auto sector's profitability, the consumption slowdown along with the upcoming shift to BS VI standards will further decelerate production, leading to eventual job losses. Industry insiders point out that slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the ...
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India Will Achieve 8% Growth From 2020-21: NITI Aayog Vice Chairman
NITI Aayog Vice Chairman Rajiv Kumar has voiced confidence that India will achieve economic growth of 8 per cent plus from fiscal year 2020-21 onwards as structural reforms like the GST are set to produce the benefits.
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Temporary Reduction In GST Rates Needed To Boost Auto Industry: Dr. Goenka, MD, Mahindra
Finance Minister Nirmala Sitharaman did not announce any relief for vehicles running on diesel and petrol in the Union Budget 2019. But a temporary reduction in GST rates is the need of the hour to boost auto industry sales says Mahindra & Mahindra - Managing Director, Dr. Pawan Goenka. Speaking to journalists post the Union Budget 2019 announcemen...
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"India On Way To Become Fifth Largest Economy": President To Parliament
Prime Minister Narendra Modi-led government in its second term will implement more economic reforms, raise investment in the farm sector, provide collateral-free loans to entrepreneurs and further simplify GST to boost economic growth, President Ram Nath Kovind said Thursday.
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"Will End Poverty Without New Taxes": Manmohan Singh Speaks Up For NYAY
Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.
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"Growth Without Jobs?" Rahul Gandhi Asks Centre During Outreach Programme
Congress President Rahul Gandhi said today that the government is talking about growth without creating any employment and that it is "funding big guys" when small and medium entrepreneurs are the ones who can create jobs.
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"It Was A Bad Idea": Raghuram Rajan To NDTV On Demonetisation
Raghuram Rajan, the former Governor of the Reserve Bank of India, says the lack of jobs in India is a very serious issue. In an exclusive interview with NDTV's Prannoy Roy, Mr Rajan cites the example of how 2.5 crore people in the country applied for 90,000 Railway jobs. Calling demonetisation a bad idea, Mr Rajan said India suffered because of it ...
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IMF Chief Economist Praises Modi Government For "Very Solid" Growth, GST
India's growth has been "very solid" over the past four years, IMF's Chief Economist Maurice Obstfeld on Sunday said, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government.
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Arun Jaitley Slams GST "Critics" Day After Raghuram Rajan's Remark
The GST implementation was a "monumental reform" which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said on Sunday, hitting out at "critics and cynics" who blame it for hurting the GDP expansion.
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Notes Ban, GST Held Back India's Economic Growth: Raghuram Rajan
Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.
-
"No Amount Of Headline Management Can Hide...": Congress On Rural Jobs Scheme
Hitting out at the government, the Congress said on Tuesday that "no amount of headline management" with GDP growth numbers and GST revenues can hide the economic distress faced by a majority of Indians as it cited a surge in the
-
How ClearTax Aims to Simplify the Cumbersome Tax Filing Process for Indians
With startup culture thriving in India and the need for ‘going local’ becoming increasingly popular, we take a look at all the hottest tech startups grabbing headlines in the country. Gadgets 360 talks to ClearTax founder Archit Gupta to know about the company’s history, growth, and future plans. We also talk to experts to understand what thi...
-
Union Budget 2021-22: EV Makers Seek Lower GST, Import Duty Cut
Electric vehicle manufactures are seeking extension of the FAME-II scheme, lower GST and import duty cuts to accelerate growth of the segment.
-
Plugging Goods And Services Tax Loopholes, Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the Central government is plugging the loopholes in the Good and Services Tax (GST) with the use of technology and is working towards eight per cent growth rate.
-
Angel Tax Provisions For Start-Ups Removed, Says Finance Minister
The government today announced measures to revive economic growth and markets including the withdrawal of higher taxes for foreign portfolio investors (FPIs) and said it would release funds for bank recapitalisation upfront. Finance Minister Nirmala Sitharaman told reporters the government had decided to withdraw the surcharge on FPIs which she had...
-
Auto Industry May Further Cut Production: Report
After denting the auto sector's profitability, the consumption slowdown along with the upcoming shift to BS VI standards will further decelerate production, leading to eventual job losses. Industry insiders point out that slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the ...
-
India Will Achieve 8% Growth From 2020-21: NITI Aayog Vice Chairman
NITI Aayog Vice Chairman Rajiv Kumar has voiced confidence that India will achieve economic growth of 8 per cent plus from fiscal year 2020-21 onwards as structural reforms like the GST are set to produce the benefits.
-
Temporary Reduction In GST Rates Needed To Boost Auto Industry: Dr. Goenka, MD, Mahindra
Finance Minister Nirmala Sitharaman did not announce any relief for vehicles running on diesel and petrol in the Union Budget 2019. But a temporary reduction in GST rates is the need of the hour to boost auto industry sales says Mahindra & Mahindra - Managing Director, Dr. Pawan Goenka. Speaking to journalists post the Union Budget 2019 announcemen...
-
"India On Way To Become Fifth Largest Economy": President To Parliament
Prime Minister Narendra Modi-led government in its second term will implement more economic reforms, raise investment in the farm sector, provide collateral-free loans to entrepreneurs and further simplify GST to boost economic growth, President Ram Nath Kovind said Thursday.
-
"Will End Poverty Without New Taxes": Manmohan Singh Speaks Up For NYAY
Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.
-
"Growth Without Jobs?" Rahul Gandhi Asks Centre During Outreach Programme
Congress President Rahul Gandhi said today that the government is talking about growth without creating any employment and that it is "funding big guys" when small and medium entrepreneurs are the ones who can create jobs.
-
"It Was A Bad Idea": Raghuram Rajan To NDTV On Demonetisation
Raghuram Rajan, the former Governor of the Reserve Bank of India, says the lack of jobs in India is a very serious issue. In an exclusive interview with NDTV's Prannoy Roy, Mr Rajan cites the example of how 2.5 crore people in the country applied for 90,000 Railway jobs. Calling demonetisation a bad idea, Mr Rajan said India suffered because of it ...
-
IMF Chief Economist Praises Modi Government For "Very Solid" Growth, GST
India's growth has been "very solid" over the past four years, IMF's Chief Economist Maurice Obstfeld on Sunday said, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government.
-
Arun Jaitley Slams GST "Critics" Day After Raghuram Rajan's Remark
The GST implementation was a "monumental reform" which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said on Sunday, hitting out at "critics and cynics" who blame it for hurting the GDP expansion.
-
Notes Ban, GST Held Back India's Economic Growth: Raghuram Rajan
Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.
