GST collection falls for second straight month to Rs 85,174 crore
AMN / New Delhi Revenue collection under the Goods and Services Tax (GST) fell for the second consecutive month in February by Rs 1,144 crore to Rs 85,174 crore. The…
China promises to address trade deficit with India; welcomes Indian investment
Signed the Agreed Minutes of the 11th Session of India-China Joint Group on Economic Relations, Trade, Science and Technology. We shall work together towards broadening and deepening the bilateral economic…
Govt to undertake reduced borrowings in 1st half of next fiscal
AMN / NEW DELHI The Government has planned to undertake reduced borrowing in the first half of the next fiscal compared to the corresponding period of last year. It proposes…
Trade barriers will jeopardise global economy, warns WTO chief
AMN The World Trade Organization(WTO) chief has warned states that creating barriers to international trade would “jeopardise the global economy”. WTO Director-General Roberto Azevedo said in a statement in Geneva…
China raises tariffs on US pork, aluminium and other goods in response to Trump tariff hikes
File photo WEB DESK Responding to President Donald Trump’s higher tariffs on steel and aluminium imports from China, Beijing today announced plans to impose tariffs on three billion dollar worth…
India to declare 2018 as National Year of Millets
OUR CORRESPONDENT / NEW DELHI The government of india has decided to declare 2018 as ‘National Year of Millets to boost the cultivation of millets like ragi and jowar on…
Govt sets up task force to draft new Direct Tax Law
AMN Government has constituted a task force to review the Income-tax Act, 1961 and to draft a new Direct Tax Law in consonance with the economic needs of the country.…
EU unveils new plans to make big tech companies pay more taxes
WEB DESK European Union has unveiled new plans to make big tech companies pay more taxes. The move, if endorsed, would hit big online US firms like Google and Facebook.…
Govt. revises Agreement between India and Qatar for avoidance of double taxation
AMN / NEW DELHI The Union Cabinet chaired by Prime Minister Narendra Modi today gave its approval for revision of the Agreement between India and Qatar for the avoidance of…
Govt allows M/s ITI Limited to bring a Further Public Offer for fresh equity shares
AMN / New Delhi The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi, has given its approval for the following proposal of Department of Telecommunication to…