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Indivjal Dhasmana

Indivjal Dhasmana

Normal monsoon key but not the only factor to keep inflation under control

Developments such as Covid-induced lockdowns and the Russia-Ukraine war have also played a crucial role in keeping the inflation rate elevated

Updated On: 19 Apr 2023 | 4:01 PM IST

Liquidated damages in certain cases to draw 18% GST, rules Andhra AAR

Such damages are the sum that one party receives when the other party fails to meet provisions of a contract

Updated On: 10 Apr 2023 | 12:37 PM IST

MPC lowers projection for inflation, raises growth outlook a bit in FY24

Volatility in global financial market has potential upsides for imported inflation, says committee

Updated On: 06 Apr 2023 | 12:42 PM IST

Floor mats for four-wheelers to attract 28% GST, says Gujarat AAR

The applicant, a manufacturer, had argued that 18% GST should be applicable

Updated On: 05 Apr 2023 | 11:47 AM IST

States switching to OPS incurring less proportion of earnings on pension

The state used to spend a proportion of its revenue receipts on pension expenditure in double digits in 2019-20 and 2020-21

Updated On: 04 Apr 2023 | 10:43 AM IST

Initial field work for annual survey of services sector begins for 2022-23

However, the survey itself may not come up before the end of 2024

Updated On: 28 Mar 2023 | 4:30 PM IST

Tobacco in gunny bags to attract 28% GST, 71% compensation cess: AAR

No new product emerges from the post-coating process, rules authority in Gujarat

Updated On: 27 Mar 2023 | 10:53 PM IST

Inflation-growth dynamics may enhance dilemma of monetary policy committee

Many believe that the committee may go for another 25 basis point hike in repo at the April policy

Updated On: 21 Mar 2023 | 4:20 PM IST

Roof mounted AC units for passenger coaches to have 28% GST: Punjab AAAR

Issue was product would come under which heading of harmonised system of nomenclature code

Updated On: 20 Mar 2023 | 12:34 PM IST

A tall order reaching $5 trn GDP a year ahead of IMF's FY27 projection

India's economy is officially projected to reach Rs 272 trillion, or $3.58 trillion, this financial year

Updated On: 16 Mar 2023 | 12:09 PM IST

External situation worsens as India aims to grow 6-6.8% in FY24

India may have to hugely rely on domestic consumption to drive growth as the external environment as cited above is facing a slowdown

Updated On: 14 Mar 2023 | 10:57 PM IST

Invoices, cheque payment not sufficient to claim ITC under VAT: SC

Apex court allows tax authorities' appeal against Karnataka High Court judgment

Updated On: 14 Mar 2023 | 1:24 PM IST

Manufacturing output in IIP still shows weakness as headline numbers grow

One reason for decline is muted domestic demand, particularly in rural areas due to high inflation

Updated On: 13 Mar 2023 | 11:55 PM IST

Bombay HC relief for GST assessees amid non-existence of tribunal

No recovery from taxpayers once a declaration of intent filed by them to appeal against order of lower authorities is put on record

Updated On: 10 Mar 2023 | 2:19 PM IST

Ice cream sold over counter but not prepared in outlet to attract 18% GST

If ordered with food, tax would be the lower rate; over the counter, it would attract a higher GST

Updated On: 08 Mar 2023 | 12:17 AM IST

Difference between investment rate in nominal and real terms widening

The difference between the real and nominal GFCF rates was five percentage points. The difference stood at over 5% in the previous two quarters of the current financial year

Updated On: 07 Mar 2023 | 10:35 AM IST

Is India's economy really 'dangerously close' to Hindu rate of growth?

Economists have a different view on Raghuram Rajan's apprehensions

Updated On: 06 Mar 2023 | 9:07 PM IST

Demand remained muted despite the largely Covid-free festival season in Q3

Growth in private final consumption expenditure was down 7 percentage points from Q2

Updated On: 01 Mar 2023 | 1:56 PM IST

Labour-intensive manufacturing segments facing external headwinds

Experts say manufacturing is declining due to a slump in overseas demand and production-linked incentive schemes will take time to yield results

Updated On: 28 Feb 2023 | 10:37 AM IST

Central banks, including RBI, may raise interest rates to combat inflation

ECB President Christine Lagarde has already said the bank till hike rates, if needed

Updated On: 27 Feb 2023 | 12:53 PM IST