Consider 8,15, 30% as 3-tier GST rates: NIPFP
The NIPFP study concludes sequencing transition to the new GST rate structure will be important to minimise the cost associated with tax compliance, tax administration and economic distortions.
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Real estate supply plummets 44% post-DeMo
Cash deals decline 75-80%; average home loan ticket size rises as interest rates dip.
'Moderate' taxes on tobacco under review; brace up for more
Nine-member group to develop roadmap for tobacco tax policy to help India comply with WHO norms.
Record H1 GST sets stage for greater buoyancy, eco recovery
Gross GST revenue at ₹6,82,365 crore in H1 FY22, against ₹6,06,294 crore in the pre-pandemic period of H1 FY20
Green way for luxury cars
Automakers bet on electric vehicles, find new playbook to target the country’s growing affluent millennial populace.
Why jewellers still prefer cash deals
Many believe cash deals up to ₹2 lakh without KYC leaves a loophole for jewellers and bullion dealers to exploit.
Will the vaccine cure India's economy?
Leading economists believe the vaccine might not end the economic disruption which the Covid-19 pandemic has caused. Normalcy will come over time, and with pain.
India's logistics sector needs a secret ingredient
The Indian logistics industry has seen steady growth over the past few years. But does it now require new reforms to fly even higher?
FY21 fiscal deficit seen at 7.6% of GDP
Motilal Oswal Financial Services estimates India’s fiscal deficit at ₹14.6 lakh crore in FY21, while GDP could contract by 6.5% against its earlier estimated decline of 4.7%.
Astral in wait-and-watch mode
Astral Poly Technik, a FORTUNE INDIA 500 lister since 2016, and one of FORTUNE INDIA’s TOP 100 Wealth Creators in 2019, sees consolidation picking up in the pipe industry due to the Covid-19 pandemic.
