PM Modi suggested that the G-20 forum should consider initiating work on locating properties of economic offenders who have tax debt. (Photo: Twitter) India has called for a strong and active cooperation across G-20 countries — including in legal processes for effective freezing of proceeds of crime and early...
© Reuters. Crane carries a container from a ship at the PNC container terminal at the Busan New Port in Busan ...
Also, states levy 1 per cent TDS under state laws. The government has extended the due date of filing tax deducted at source (TDS) returns under GST laws for the October-December period till January 31, 2019. The TDS provisions under the goods and services tax (GST) were brought into...
India clocked a 7.1% GDP growth in the second quarter of the financial year 2018-19, down from previous quarter’s stunning 8.2%. India clocked a 7.1% GDP growth in the second quarter of the financial year 2018-19, down from previous quarter’s stunning 8.2%. This, however, is still higher than China’s...
Foreign Secretary Vijay Gokhale said that UN chief acknowledged the number of steps taken by the PM Modi addressing climate change issue. (Image: MEAIndia) India’s Prime Minister Narendra Modi met with UN Secretary-General Antonio Guterres on Friday on the sidelines of the G20 Summit and assured him that India...
As India clocked a GDP growth rate of 7.1% in the second quarter of the financial year 2018-19, down from the previous quarter’s 8.2% and lower than expected 7.4%, DEA Secretary S C Garg tweeted that the number seems disappointing. As India clocked a GDP growth rate of 7.1% in...
The fiscal deficit or gap between expenditure and revenue was Rs 6.48 lakh crore or 103.9 per cent of Budget Estimate (BE) during April-October of the current financial year. The full-year fiscal deficit target of Rs 6.24 lakh crore was breached at October-end mainly on account of lower revenue...
The import of crude oil by India forms a major component of bilateral trade with Saudi Arabia being India’s one of the largest suppliers of crude oil, accounting for almost one-fifth of its needs. Saudi Arabia has offered India to supply oil and petroleum products it needs to meet...
“For example, from the three return system now, soon within the next few months, we will be moving to a single return system. Newly-appointed Revenue Secretary Ajay Bhushan Pandey Friday said his focus would be to improve the tax-GDP ratio and increase compliance by making the system more taxpayer...
© Reuters. Macron Tells Abe He Wants to Preserve Renault-Nissan Alliance ...