New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) on Sunday refuted a viral social media message claiming that new GST transition benefits, including unutilised cess credit, ITC…
Category: Economy
India’s Forex Reserves Rise $3.5 Billion To $694.2 Billion In Latest Week, Supported By Foreign Currency Assets, Gold
New Delhi: India’s foreign exchange reserves rose by USD 3.5 billion in the week that ended August 29 to USD 694.230 billion, driven largely by a rise in foreign currency…
Indian Exporters Seek RBI Support Amid US Tariffs, Meeting On Sept 11
New Delhi: Indian exporters, hit hard by some of the steepest US tariffs globally, are preparing to approach the Reserve Bank of India for support. According to sources quoted by…
Gold Nears Record High As Global Demand And Geopolitical Tensions Fuel Rally
New Delhi: Gold continued its strong momentum in August 2025, closing the month at USD 3,429 per ounce, a 3.9 percent monthly gain that pushed its year-to-date rise to 31.4…
GST Rate Cuts Big Relief For FMCG, Apparel, Footwear, Restaurants: Report
New Delhi: The sweeping GST rate cuts announced by the government will give a strong push to India’s consumption story, according to a report. In its latest report, the global…
ITR Filing 2025: Is Another Extension On The Cards? What Happens If You Fail To File On Time
New Delhi: The clock is ticking for taxpayers in India as the extended deadline to file Income Tax Returns is about to end. While people were granted an extra 1.5…
India Inc Revenue To Grow 7% This Fiscal On GST Restructuring, But Profit Margins May Remain Flat: Crisil
New Delhi: India Inc revenue will likely grow 6-7 per cent this fiscal because of the reduction in the goods and services tax (GST) rates, as per Crisil Intelligence’s latest…
Gurugram High-End Property Demand Softens; Noida Holds Strong Amid Supply Shortage
New Delhi: Gurugram’s real estate boom appears to be cooling off, with demand softening in high-ticket segments, though interest remains strong in the Rs 2-4 crore range. A report by…
GST Reforms To Boost Global Capability Centers’ Growth In India: Report
New Delhi: The GST reforms will directly bolster global capability centres’ (GCCs) operations in India — not just with tax adjustments but also helping them with enhanced global competitiveness, cost…
Invested In SGB 2020-21? RBI Announces Rs 10,610 Redemption Price —Check Full List Here
New Delhi: The Reserve Bank of India (RBI) has declared the premature redemption price for Sovereign Gold Bonds (SGB) 2020-21 Series VI, which were issued on September 8, 2020. Investors…