Appellate tribunal president takes charge Finance minister Nirmala Sitharaman on Monday sought to dispel the “myth” that all GST collections are “pocketed by the Centre.” “GST contributes significantly to state revenues.
The seasonally adjusted HSBC India Services Business Activity Index fell from 61.2 in March to 60.8 in April, highlighting one of the strongest growth rates seen in just under 14.
Farmers there have been demanding lifting the ban on exports, as modal mandi prices at Lasalgaon in Nashik—the hub of the country’s wholesale trade—are around Rs 15/kg, which are close.
Though the growth outlook is steady, inclement weather conditions and the current heatwave across the country pose key risks to the inflation outlook. Economists believe that all eyes are on.
Base effect, tepid demand cited as reasons The growth in factory output, as measured by the Index of Industrial Production (IIP), is likely to slow down to around 4.7% in.
“PM Modi has given a guarantee and with clean and transparent administration, we will make sure India reaches the third rank soon,” she said. India’s aim to become the third-largest.
After accounting for refunds, the net GST revenue for April stood at Rs 1.92 trillion, up 15.5% on year. India’s gross goods and services tax (GST) collections rose 12.4% on.
UCO Bank is aiming to improve asset quality and maintain margins in the current year, managing director and CEO Ashwani Kumar tells Piyush Shukla. UCO Bank is aiming to improve.
The government had first imposed windfall tax in July 2022 to tax the profits of crude oil producers when the crude oil prices went high globally on the back of.
After the elections, in June the new government will have to focus on Budget and think well beyond the first 100-day plan with specific measures to spur employment, revive rural.
