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SBI Research indicates that a proposed two-tier GST structure, featuring lower rates on household goods, could increase consumption by Rs 1.98 lakh crore. However, this revamp is projected to cause an annual revenue loss of Rs 85,000 crore. The shift aims to boost GDP and moderate inflation, with a panel set to examine the proposal.
Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes are not allowed, like claiming more ...more
Nitin Gadkari announced the goal to elevate India's automobile industry to global leadership in five years. The current industry size is Rs 22 lakh crore. Logistics costs have decreased to 10% of GDP. The express industry is projected t ...more
The National Highways Authority of India (NHAI) has sold over 5 lakh FASTag-based annual toll permits in just four days, collecting Rs 150 crore in revenue.
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