Author: thegovernancepost.com

Niti Aayog charts roadmap for self-sufficiency in pulses by 2030; surplus projected by 2047

Niti Aayog envisions India achieving self-sufficiency in pulses by 2030 and doubling production by 2047, projecting a surplus through targeted…

Travelling after GST 2.0: Tax hike hits premium flights, will rail passengers pay more too?

Premium airfares are set to increase as the GST Council has approved raising the tax on business and first-class tickets…

ITR filing FY 2024-25: Don’t miss filing Form 10-IEA if switching tax regimes – here’s why

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime,…

US trade: Businesses front-load imports ahead of tariffs in July; deficit hits widest in 4 months

The US trade deficit surged to a four-month high in July, climbing 32.5% to $78.3 billion, as businesses accelerated imports…

US job market: Jobless benefit applications see slight increase; America maintains ‘no hire no fire’ pace

US jobless claims edged up to 237,000 for the week ending August 30th, slightly above economists’ predictions, signaling a potential…

GST revamp: Industry leaders expect reforms to boost GDP; spur demand and cushion US tariff impact

India’s GST rationalization, effective September 22, aims to boost consumption and growth by compressing the rate structure. Business leaders anticipate…

GST revamp: Jewellery sector’s tax rate steady at 3%; industry sees indirect gains but mixed outlook

Indian jewellers have expressed mixed reactions to the government’s decision to maintain the 3% GST rate on gems and jewellery.…

Will GST rate cuts help counter Trump’s 50% tariffs? India’s GDP growth may even go up; here’s why

The Modi government has announced better-than-expected GST reforms and rate structure rationalisation, with a majority of items consumed by the…

Small cars, two-wheelers under 350cc, TVs, ACs and dishwasher prices to come down on GST cut

GST revamps: FM Sitharaman announces special 40% tax slab for sin goods; levied on bidi, tobacco & more

The GST Council has approved a new 40% tax slab for sin and luxury goods, set to replace the existing…