The resurgence of US President Donald Trump and his aggressive tariff policy places India in a uniquely precarious yet opportune position.
The decline in retail inflation to a level that is below the RBI’s targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs.
The Aam Aadmi Party (AAP)-led Municipal Corporation of Delhi (MCD) on Monday announced that homeowners who clear their full house tax for 2024-25 will have all their previous outstanding dues waived off.
The company's reported expenses at Rs 14,249 crore in the reported quarter, which is lesser than Rs 14,254 crore incurred in the year-ago period.
The GST Council (Goods and Service Tax) recently announced a bewildering array of extra tax rates for popcorn, sparking an understandable backlash among economists, businesses, and consumers alike.
President Donald Trump has announced to establish the External Revenue Service to "tariff and tax foreign countries" instead of taxing US citizens.
India's fiscal deficit is expected to shrink further, on the back of growing tax revenues, according to a World Bank report.
Justin Trudeau’s resignation as Canada’s Prime Minister marks the close of an era that began with immense hope but ended amid growing challenges and dissatisfaction.
During its 55th meeting, the GST Council clarified that tax treatment for popcorn would depend on its flavour and the way it was sold; while popcorn sold loose will be taxed at 5 per cent, GST on popcorn will incre a se to 12 per cent if it was sold in packets under a brand name, while caramelised popcorn would be taxed at 18 per cent.
The year 2024 saw the Central Board of Direct Taxes (CBDT) prioritising the speedy processing of returns and refunds, with over Rs 2.35 lakh crore refunded and more than 3.87 crore Income Tax Returns (ITRs) processed within 7 days.
