The Reserve Bank of India is set to cut interest rates in August for the fourth meeting in a row, according to a Reuters poll of economists, a majority of whom said risks to their already-modest growth forecasts were skewed more to the downside.
Mumbai: The government may introduce taxes and customs duties totalling as much as 50% on products ordered from Chinese ecommerce platforms, continuing a crackdown on the purchase of such goods.
A strong dissent note to the Bimal Jalan committee on the RBI's Economic Capital Framework (ECF) and his role in making sure India moves ahead for external currency sovereign bonds cost Economic Affairs Secretary Subhash Chandra Garg dear as the Appointments Committee of Cabinet (ACC) finally transferred him to the Ministry of Power.
Despite having just 1.8 per cent of the geographical area of the country and 2.09 per cent of the national population, Haryana has contributed 4.7 of the total collections in the country from Goods and Services Tax (GST).
Despite having just 1.8 per cent of the geographical area of the country and 2.09 per cent of the national population, Haryana has contributed 4.7 of the total collections in the country from Goods and Services Tax (GST).
The labour-intensive garment manufacturing industry in the Philippines, which employs around 250,000, has warned of massive layoffs, with immediate impact on small companies, if the current Tax Reform for Attracting Better and Higher-quality Opportunities (TRABAHO) Bill is passed into law, according to a survey conducted in September last year by the Confederation of Wearable Exporters of the Philippines (CONWEP).