According to industry experts, the rising price of crude post the attack will deplete the country's foreign currency reserves and widen the fiscal deficit gap, while it fuels inflation in the domestic market

Over the last two years since the implementation of GST, the state has successfully been able to double the number of registered businesses from 4.5 lakh to 8.16 lakh till date.

Union Finance Minister Nirmala Sitharaman announced introduction of remission of duties for export products (RoDTEP) to replace the existing merchandise exports from India scheme (MEIS). Revenue foregone for implementation of RoDTEP would be Rs 50,000 crore

The probe pertains to a larger I-T probe, which started in 2011, under which around 700 India individuals and entities are being investigated for holding accounts in HSBC Bank in Geneva; Reliance Industries has denied receiving \"any such notices from the income tax department\"

CBDT says this \"one-time measure\" is being undertaken to mitigate unintended hardship to taxpayers in deserving cases and to reduce the pendency of existing prosecution cases before the courts

India Today's data analysis unit DIU has found that the rate of return on capital deployment in PSUs has decreased from 25.43 per cent to 14.21 per cent over nine years

The circular clarifies that that the scope of discretion by tax officials will be minimum under the scheme as calculation of exemptions and waivers are going to be automated

Members of the National Payments Corporation of India (NPCI), which manages the UPI platform, have approved a proposal wherein GST benefits are extended to merchants and consumers willing to share their GSTIN and PAN details, respectively, while making QR code payments