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NEW DELHI: While alcoholic liquor for human consumption remains outside the ambit of GST, recent reforms in this taxation have benefitted the industry indirectly. Campari Group (India) MD Shivam Misra has told TOI that several upstream and allied services in the value chain now carry clarified and, in many cases, concessional, rates. “For route-to-market, this…
Georgieva commended India’s significant economic and structural reforms. (AI image) At a time when the global economy is looking at uncertainty due to Donald Trump’s tariffs, IMF Managing Director Kristalina Georgieva has said she is ‘very big’ on India. Praising India for its reforms, Georgieva said that the country has proved people wrong with its…
Easing investment procedures for non-resident Indians (NRIs) is an “urgent goal” for Sebi, Chairman Tuhin Kanta Pandey said on Saturday, highlighting plans to simplify compliance and expand participation in Indian capital markets. Speaking at an event organised by the Bombay Stock Exchange Brokers’ Forum, Pandey emphasised the need for NRIs to complete know-your-customer (KYC) formalities…
Niti Aayog CEO B V R Subrahmanyam NEW DELHI: Goverment’s policy think tank Niti Aayog CEO B V R Subrahamanyam on Friday weaved examples – from Amitabh Bacchan’s iconic film ‘Deewar’ and the detention of a pickpocket – to push for complete decriminalisation of 12 offences under the Income Tax Act and resolving them through…
Business groups have raised concerns over US President Donald Trump’s decision to impose a $100,000 fee on H-1B visa applications, warning that the move could hurt the US economy. They also called on the administration to avoid changing the skilled worker program that would add even more burden to companies.In a letter to Donald Trump…
38-point charter signed (Image/X@DrTariqFazal) After days of violence and unrest in Pakistan-occupied Kashmir (PoK), the protestors and Pakistan government on Saturday reached an agreement to end demonstrations through a 38-point charter proposed by the Jammu Kashmir Joint Awami Action Committee (JKJAAC).The protests, which began on September 29 following the breakdown of talks between officials and…
India’s economy is showing strong signs of growth, with opportunities for investment and development expanding across the country, 15th Finance Commission chairman NK Singh said on Friday.He noted that India’s saturated domestic market presents vast opportunities for private investment, public-private partnerships, foreign private capital, and mobilising internal resources.Speaking at the 4th ‘Kautilya Economic Conclave 2025’…
MUMBAI: Reserve Bank of India unveiled on Wednesday its most comprehensive reforms in over a decade, aimed at countering US-driven headwinds and expanding credit to companies, while deepening capital market activity. Banks can now finance mergers and acquisitions, and IPOs more freely, while limits on loans against shares and listed debt securities have been raised.Central…
NEW DELHI: A recent report by the Finance Ministry’s emphasises that government reforms will protect the economy from trade-related challenges, while advocating for continued vigilance against external risks and market fluctuations.The Monthly Economic Review highlights GST rationalisation as a crucial component of tax reforms, alongside corporate and personal income tax adjustments. The ministry suggests these…
PM Modi took his message of GST 2.0 and swadeshi resurgence to India’s easternmost state of Arunachal Pradesh on Monday, hitting the ground running with public interactions and handing local traders in Itanagar posters declaring “Garv se kaho yeh swadeshi hai”.PM Modi, who inaugurated and launched projects worth Rs 5,000 crore — including two hydropower…
