The sweeping GST reforms unveiled this week will strengthen the cooperative sector, make their products competitive, increase demand for their products and increase the income of cooperatives, the Ministry of Cooperation has said.
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
Ahmedabad (Gujarat) [India], September 5: India's pharmacy and healthcare sector has emerged as one of the most dynamic industries in the world, driven by a growing population, increasing healthcare needs, and rising demand for affordable medicines. With a market valued at over Rs. 2 lakh cr
Bandung [Indonesia], September 4: Southeast Asia's appetite for animal protein is accelerating, with consumption expected to grow more than 20% by 2031, fueled by rising incomes, urbanization, and population growth[1]. In response, the U.S. Soybean Export Council (USSEC) hosted the inaugural
Extending income tax holidays and waiving import duties on expensive semiconductor equipment will accelerate India's semiconductor manufacturing capabilities, said Eswara Rao Nandam, CEO of Polymatech Electronics, a company engaged in providing chip manufacturing solutions.
He wrote, "Whenever Leader of Opposition @RahulGandhi raises pertinent questions about electoral malpractices, corruption or misuse of agencies, the concerned authorities, be it Election Commission, Enforcement Directorate, Income Tax or Central Bureau of Investigation maintain a deafenin
India is entering a new phase of consumption as rising incomes steadily expand the base of premium-ready consumers, according to a report by SOIC Research.
At lower income levels, households tend to favour physical assets, viewing them as safer stores of value. As incomes grow and financial systems mature, there is a gradual diversification into financial assets, which generally offer greater liquidity and, in some cases, higher returns.
Despite global headwinds ranging from tariff volatility to geopolitical tensions, NSE's Macro Review report notes that India's GDP momentum could ease over in next few quarters as higher tariffs begin to weigh on exports. At the same time, a possible rationalisation of GST rates ahead of the
Real GDP has been estimated to grow by 7.8 per cent in Q1 of FY 2025-26 over the growth rate of 6.5 per cent during Q1 of FY 2024-25. Nominal GDP has witnessed a growth rate of 8.8 per cent in Q1 of FY 2025-26.
According to Dawn, the traders' demands are aligned with recommendations of the PoGB cabinet, which had asked the federal government to declare the region a non-tariff area. The cabinet urged Islamabad to exempt the people from sales tax and income tax on goods imported from China and ens
Delhi NCR [India], August 30: India's retail sector has been on an extraordinary growth curve, powered by rising incomes, rapid urbanisation, and a young, aspirational consumer base. As the market matures, so do consumer habits. While destination malls and mega-retail formats still hold valu