The central government is on course to meet its fiscal deficit target of 4.8 per cent of GDP for the financial year 2024-25 (FY25), according to a report by Bank of Baroda.
India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of India, S&P Global Market Intelligence said in a note.
Gross Goods and Services Tax (GST) collections for February 2025 saw a significant increase of 9.1 per cent compared to the same month last year, reaching approximately Rs 1.84 lakh crore, as per government data released Saturday.
"As India marks eight decades of democracy, it is alarming that the Union Government is treating states as mere subordinates instead of empowering them. This is unacceptable," Siddaramaiah said in a statement on Friday. "If appeals and negotiations fail, we will not hesitate to take to the
The Municipal Corporation of Delhi (MCD) has clarified that all property owners and occupiers must pay property tax as per existing laws, dismissing any claims of exemptions for Delhi residents.
Chairing a meeting at the Secretariat, the Chief Minister stated that the state government is committed to providing accountable and transparent governance to the people of the state. He said that the present state government has taken numerous steps in this direction over the past two years
After considering the issue by discussing the ratio in various judgments, a bench of the Chief Justice of India Sanjiv Khanna and Justices Bela M Trivedi and MM Sundresh rejected the challenge to the constitutional validity and the right of the authorised officers under the Customs Act and t
The Select Committee of the Lok Sabha under the chairmanship of BJP Vice President Baijayant Panda will examine the Income-Tax Bill 2025 on March 6 and 7, 2025.
Gurgaon (Haryana) [India], February 27: The Union Budget 2025-26 has made bold moves in reshaping India's insurance sector and income tax regime, ensuring broader financial inclusion, economic growth, and relief for individuals and businesses alike. With an ambitious push towards 'Insurance
Pakistan's Ministry of Industries and Production had recommended the tax relief to boost EV adoption. However, the global lender opposed the decision and stressed that sales tax on raw materials for EVs should not be removed.
Mumbai (Maharashtra) [India], February 26: Access Partnership, a global technology policy research firm released its report, 'Turning Vision into Impact: India's AI Opportunity' at the NASSCOM Technology and Leadership Forum 2025 held today in Mumbai. As per the report, AI Data Cities have t