NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.

Depreciating the rupee against the dollar to boost economic growth has fiscal constraints and monetary limitations

While the Centre is criticised for not cutting excise duty on petroleum products, it is the states which gain more from the rise in their prices

The ease of doing business has not picked up in a vast number of states and Union Territories.

Called Signature Villa, the property was gifted to him by Nakheel Public Joint Stock Company. The dispute was over whether this was a gift or payment for services Khan had rendered to the company.

If the industrial sector expanded, growth rate is likely to rise in the remaining quarters to reach 7.6-7.8 per cent for 2017-18.

Experts said the slowdown could be attributed to adjustments leading to destocking and the offering of discounts by companies as the government ushered in the new indirect taxation system on July 1.

National Anti-profiteering Authority to be set up for ensuring that customers get the benefit of GST

Includes those dealing in high-value property and petrol pump owners

Government gets Rs 17.1 lakh crore in its kitty

Service companies such as Infosys, Tata Consultancy Services and Airtel, among others, would be particularly hit.

'I expect fourth quarter GDP growth to be sharply down.' 'I would imagine it would shave off at least one percentage point, if not more, as compared to the third quarter.'

It is not a good idea to take the line that since demonetisation happened in the third quarter, everything that happened then was a consequence of that, says Chief Statistician TCA Anant.

PwC wants to know what will happen when a company with substantial reserves is merged into a new concern and the resultant entity is converted into a limited liability partnership.

Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge

Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge

The Indian Staffing Federation says their demand assumes significance as the formal sector will grow after demonetisation and the segment will play a crucial role in that.

Treats gains on sale of as capital gains, not business income, spares him from huge tax liability.

Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.

It was better to first build a single-rate GST with a low rate, achieve full mastery of this, and then consider more complex possibilities such as high rates and multiple rates.