Indirect Tax
Business  /  Published 05.07.19

Cheer for firms, tears for the rich: Union Budget

Tax impact- directIncome taxProposal: Reduced income tax rate of 25 per cent (for 2019-20) now applicable to companies having annual turnover or gross receipts up to Rs 400 crore in financial year 201...
By The Telegraph in

India  /  Published 06.07.19

Union Budget: Job woes get short shrift

The government may claim to be massively ambitious for the Indian economy and hope to achieve a $5 trillion size GDP by 2022 (which implies more than doubling from its current size in just five years,...
By Jayati Ghosh in

Business  /  Published 01.05.19

GST mop-up highest ever

Collection from the goods and services tax touched an all-time high of over Rs 1.13 lakh crore in April, up from Rs 1.06 lakh crore in the previous month. This is the fifth time after the introduction...
By Our Special Correspondent in New Delhi

Business  /  Published 28.09.18

States narrow GST gap

The GST Council on Friday said the average revenue shortfall of states was 16 per cent in the first year of the indirect tax regime (July 2017-March 2018) and it has come down to 13 per cent during th...
By Our Special Correspondent in New Delhi


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