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Economy

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Stay updated on direct tax and indirect tax, income tax returns, GDP, government policies and schemes, and breaking news on due dates and extensions.

Cutting GST on cement on the review list of the GST Council & Union FM

The Union Finance Minister, Smt Nirmala Sitharaman, stated on Tuesday that the…

Karnataka HC: Vouchers Are Neither Goods Nor Services Under GST

Premier Sales Promotion Pvt. Ltd. (applicant) is procuring and supplying Prepaid Payment…
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RBI Proposes to Expand TReDS Scope to Improve MSME Cash Flows

The Reserve Bank of India (RBI) Governor Shaktikanta Das stated in his…

Economic Survey 2023 Summary: A Quick Look at the Economy

Economic Survey 2023 was tabled at the parliament on January 31, 2023,…

RBI Repo Rate Hike Impact: Fixed Deposits, EMIs and Real Estate

The recent hike in repo rate by the Reserve Bank of India…

Standard Deduction in New Tax Regime in Budget 2023: Is it Rs.50,000 or Rs.52,500?

In the recent Union Budget 2023-24, a standard deduction of ₹50,000 was…

RBI Will Launch QR-Based Coin Vending Machines

The Reserve Bank of India (RBI) will start a pilot project on…

Demystifying Monetary Policy, Repo Rate and Reverse Repo Rate

While the Reserve Bank of India (RBI) holds a Monetary Policy Committee…

49th GST Council meeting to take place on 18th February 2023; Know what to expect!

The GST Council shall convene its next meeting on Saturday, 18th February…

Budget 2023: Benefits Provided for Various Sectors in Budget 2023-24

Every year, the Budget provides various benefits for different sectors to boost…