Category: India Business

Implementation of GST will make taxation simpler, says Indian finance minister

STORY: Finance minister Arun Jaitley on Wednesday (March 22) said the implementation of the much-awaited national sales tax reform, Goods and Services Tax (GST), will...

India’s biggest tax reform inches closer to reality as panel clears two final bills

STORY: India moved a step closer on Thursday (March 16) towards rolling out a Goods and Services Tax (GST), country’s biggest tax reform, after a council of central...

PM Modi hopeful of breakthrough on India’s biggest tax reform

STORY: Indian Prime Minister Narendra Modi hoped of breakthrough on the much-awaited national sales tax reform, Goods and Services Tax (GST), as the budget session of...

Finance Bill will be passed in Indian Parliament before March 31, says FinMin

STORY: Indian Finance Minister Arun Jaitley on Tuesday (March 07) said Finance Bill would be passed in the Parliament before March 31. A finance bill is a secret bill...

Demonetisation impact will continue to ‘bite’ India, says OECD’s Gurria

STORY: Impact of India’s demonetisation move will continue to ‘bite’ the country, said Secretary-General of the Organisation for Economic Cooperation and...

U.S. Congressional delegation meets Indian PM Modi in New Delhi

STORY: A bi-partisan delegation of twenty-six members of the United States Congress jointly called on Indian Prime Minister Narendra Modi in New Delhi on Tuesday...

Indians welcome increase in weekly cash withdrawal limit for saving accounts

STORY: People across India on Monday (February 20) welcomed the central Reserve Bank’s move to raise weekly cash withdrawal limit for saving bank accounts to rupees...

Lufthansa will soon operate most modern aircraft from Mumbai after New Delhi, says CEO

STORY: German airline Lufthansa would soon operate the world’s most modern aircraft, Airbus A-350, between Mumbai and Munich after New Delhi, said chief executive...

Finance minister terms opposition alliance in northern India ‘opportunistic’

STORY: Indian Finance Minister Arun Jaitley on Tuesday (February 14) targeted opposition parties’ alliance in poll-bound northern Uttar Pradesh state, terming it an...

India aims to sync fiscal consolidation with debt-to-GDP ratio target

STORY: India aims to sync its fiscal consolidation path with the target date for debt-to-GDP ratio, said a top Indian economic bureaucrat on Monday (February 13). A...

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