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The think tank suggested increasing the GST exemption limit for a firm’s annual turnover from 40 lakh to 1.5 crore as this will be transformative for India’s MSME sector, promoting job creation and growth

Think tank GTRI urges reforms in customs duties, GST, commerce to push India’s inclusive...

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GTRI predicts economic growth surge from Customs, GST, and Commerce Reforms The economic think tank Global Trade Research Initiative (GTRI) in its report released on...
India’s economy could touch $5 trillion by 2026-27

India’s employment could rise by 22% as it aims for $5 trillion economy: ORF...

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Service sector will create maximum jobs: Report According to the ‘India Employment Outlook 2030’ report by Observer Research Foundation, as India approaches its $5 trillion...
Of the total Rs.1.61 lakh crore collected in June, CGST was Rs.31,013 crore, SGST was Rs.38,292 crore, IGST was Rs.80,292 crore

High GST collection reflects India’s vibrant economic trend

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Impact of higher GST collection on the Indian economy Reflecting the vibrancy of the Indian economy, the gross Goods and Services Tax (GST) revenue collected...
Stand-Up India scheme is an important milestone in promoting entrepreneurship among SC, ST and women

More than Rs.40,700 cr sanctioned under Stand-Up India scheme in last 7 years: Nirmala...

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Stand-Up India scheme: Centre sanctions Rs.40,700 Cr to 1,80,630 accounts in 7 yrs On Wednesday on the occasion of the ‘Stand-Up India’ scheme completing seven...
Targeted number for mobile manufacturing sector for 2022-23 is Rs 3,50,000 crore and Rs 4,40,000 crore in 2023-24

Top industry bodies laud digital push, raise some serious concerns too

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Govt reduces customs duty on import of inputs used in mobile phones Top industry bodies hailed Finance Minister Nirmala Sitharaman's acknowledgment of the unprecedented manufacturing...
Maharashtra has been the key driver and contributor to India's economic growth

WEF: Eknath Shinde led govt to sign 21 MoUs worth Rs.1.40 lakh crore at...

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Maharashtra investment: World Economic Forum mission $1 trillion Maharashtra Chief Minister Eknath Shinde is all set to sign 21 MoUs worth Rs.1.40 lakh crore with...
Boris Johnson is set to embark on a much-delayed trip to India where he will focus on defence and trade

India as a major economic power is highly valued strategic partner for the UK:...

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PM Boris Johnson calls for democracies, friends to stick together British Prime Minister Boris Johnson is expected to arrive in India next week, with a...
The software giant already has its India development centre in Hyderabad, which is its largest in the world outside its headquarters in the US

Microsoft India to make Hyderabad its largest data centre region

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Microsoft to invest Rs.15,000 crore in Hyderabad data centre On Monday, the tech giant Microsoft announced its upcoming largest India data centre region in Hyderabad...
The meeting cleared the projects giving a big push to industrial growth amid Covid third wave

Karnataka Govt clears investment proposals worth Rs.4,236 cr

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87 Industrial projects with investment of Rs.4,236 cr approved, over 12,251 jobs to be created in Karnataka On Friday, the Industries Department said that Karnataka...
The Indian economy was tottering even before the Covid pandemic struck the country and things have only become worse since then

How to set the Indian economy on a growth path

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The GDP for Q4 Fiscal Year (FY) 21 has just been published by the government and registers a growth of 1.60% year-over-year (YoY) while the...

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