Investment Confidence
India’s economic story has reached an unusual turning point. For years, policymakers focused on removing the structural bottlenecks that discouraged private investment.
India’s economic story has reached an unusual turning point. For years, policymakers focused on removing the structural bottlenecks that discouraged private investment.
The Supreme Court on Wednesday upheld the retrospective levy of 28 per cent GST on online gaming bets, holding that the tax was constitutionally valid and did not violate the constitutional framework governing Goods and Services Tax.
The initiative aims to simplify the tax system, maximise the use of technology, and promote ease of doing business.
Diversification of revenue streams has emerged as a critical buffer for brokerage firms amid rising regulatory and tax-related headwinds, according to a report by Crisil Ratings.
India's tax collections could surge in FY27, with gross tax buoyancy rising to 1.1 from a projected 0.64 in FY26, a report said on Wednesday.
The Goods and Services Tax Network (GSTN) is organising the GST Analytics Hackathon, an initiative to drive innovation in tax compliance through predictive analytics.
India's net direct tax collection surged by 22.5 per cent to Rs 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.
The Centre on Tuesday informed that it collected nearly Rs 98,681 crore from long-term capital gains (LTCG) tax in FY23, a nearly 15 per cent growth from Rs 86,075 crore in FY22.
The Centre on Sunday clarified that it is not mandatory for every citizen to get a tax clearance certificate to fly abroad.
There was a total net inflow of Rs 2,82,338 crore for both equity and debt in FY24.
