Sat, Dec 21, 2024
The GST Council has made a host of decisions concerning a variety of areas including certain snacks, electric vehicles (EVs) and construction materials. Finance and Corporate Affairs Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council in Jaisalmer, Rajasthan. Here are some of the key takeaways from the 55th meeting of the GST Council.
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Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired the 55th meeting of the GST Council in Jaisalmer, Rajasthan, on Saturday.
As the GST Council gathers up for its 55th meeting, a number of key decisions are in the spotlight, including a lower tax rate on insurance products and the inclusion of aviation turbine fuel (ATF) in the indirect tax regime. The meeting began in Jaisalmer in Rajasthan on Saturday morning. The all-powerful GST Council is chaired by Finance Minister Nirmala Sitharaman and comprises her state counterparts.
Uttar Pradesh Chief Minister Yogi Adityanath on Friday announced a higher land acquisition compensation rate for farmers for the upcoming Noida International Airport located in the Jewar area of Gautam Buddh Nagar district. Set to be inaugurated in April next year, the Noida International Airport
Tue, Dec 17, 2024
India continues to be the fastest-growing major economy in the world, Finance Minister Nirmala Sitharaman said, adding that the credit goes to the people of India who are struggling and meeting their aspirations, thereby, contributing to the economy.
Mon, Dec 16, 2024
The MEI's report for the Asia Pacific region also highlighted India as the fastest-growing major economy with an anticipated GDP growth of 6.6 per cent and consumer spending projected at 6.2 per cent in 2025.
Thu, Dec 12, 2024
Consumer inflation is the rate of increase in the prices of a basket of goods and services measured by the Consumer Price Index (CPI).
Wed, Dec 11, 2024
The Union Minister also highlighted the Central Government's focus on modernising agricultural methods and providing affordable loans to farmers to reduce production costs.
Mon, Dec 02, 2024
The central government said on Monday that the sowing of rabi season crops had exceeded the 428 lakh hectares so far this year.
India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors as well as weak consumption.
What does India's latest GDP reading mean for the economy? Is it in line with the Q2 corporate earnings? Can you expect a recovery in the rate of economic growth going forward? Read on to learn more about these aspects as India waits the calendar year's last RBI policy statement due on December 6.
Sun, Dec 01, 2024
The Central GST collection stood at Rs 34,141 crore, State GST at Rs 43,047 crore, Integrated IGST at Rs 91,828 crore and cess at Rs 13,253 crore, according to government data released on Sunday.
It was widely anticipated that the RBI would start reducing the benchmark interest rates soon but the central bank will have little option this time around as the latest print of retail inflation is above 6 per cent.
Fri, Nov 29, 2024
According to Zee Business estimates, the country's GDP growth was expected to be at 6.5 per cent in the fiscal second quarter.
Thu, Nov 28, 2024
The central government has said that the rate of unemployment in the 15-29 age bracket was lower than global levels in FY24. It has also said that the Worker Population Ratio (WPR) for the youth increased from 31.4 per cent in 2017-18 to 41.7 per cent in 2023-24.
Thu, Nov 14, 2024
What are your expectations from the next Union Budget? The central government is likely to focus on the crucial middle class in order to boost urban consumption in the economy, sources told Zee Business. The Finance Ministry is set to present the Budget for 2025-26 in February.
Domestic wholesale inflation worsened to 2.36 per cent in October from 1.84 per cent in the previous month, showed official data released on Thursday.
Tue, Nov 12, 2024
Consumer Inflation Data: Official data released at 4 pm on Tuesday showed that retail inflation in the country—also known as consumer inflation—stood at 6.21 per cent in October, higher than 5.49 per cent the previous month.
Mon, Nov 11, 2024
With an aim to tackle soaring onion prices, local authorities may soon take action against hoarders and middlemen in the national capital. The Centre is closely tracking demand, supply and price trends related to onions in different locations in the country.
Thu, Nov 07, 2024
As the country awaits the Narendra Modi 3.0 government's first full-year Budget in February 2025, industry body Confederation of Indian Industry's top brass has participated in pre-Budget talks with the central government.
Tue, Nov 05, 2024
The Ministry of Statistics has decided to advance the timings of the release of data on Consumer Price Index (CPI) and Index of Industrial Production (IIP) by 90 minutes each to 4 pm. Currently, each data set is released at 5:30 pm on the 12th day of each month under certain conditions. Data on CPI is released at 5:30 on the next working day if the 12th falls on a holiday and on IIP at the same time the previous day if 12th falls on a holiday.
Mon, Oct 28, 2024
Nomura said it sees "rising downside risks" to its GDP growth estimates of 6.7 per cent in the ongoing FY25 and 6.8 per cent in FY26.
Mon, Oct 21, 2024
A Vestian Research report said that despite this significant quarterly decline of 69 per cent, the outlook remains positive as investment nearly touches a billion mark.
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