New Income Tax Regime to begin from April 2026
R. Suryamurthy India’s lower house of parliament on Monday approved a sweeping overhaul of the country’s income tax law, replacing…
Category: ECONOMY
Trump’s Reciprocal Tariffs May Strain US Economy Over Time: One World Outlook
The reciprocal tariffs imposed by US President Donald Trump may dampen slowly the US stock markets and economy as well.…
GST Data Shows 7.5% Growth, but Import-Driven Spike Masks Weak Domestic Demand
R. Suryamurthy India’s Goods and Services Tax (GST) revenue data for July 2025 may appear stable on the surface, but…
Women Powering GST Growth: 20% of Taxpayers Include Female Members: SBI report
A Akhter India’s economic power is not just expanding in numbers—it’s becoming more inclusive. According to a new report by…
Streamlining GST Rates Could Destabilise India’s Fiscal Federalism
R. Suryamurthy As India inches closer to overhauling its multi-rate Goods and Services Tax (GST) structure, a new working paper…
Disinflation Deepens in India: June CPI at 2.1%, Debate Over RBI’s Next Move Intensifies
R. Suryamurthy India’s retail inflation in June unexpectedly plummeted to its lowest level since January 2019, rekindling speculation about further…
India’s WPI Inflation Falls to -0.13% in June 2025, Driven by Dip in Food and Fuel Prices
India’s Wholesale Price Index, WPI inflation dropped to (-) 0.13% in June, 2025, over the same period last year. The…
Chairing BRICS gives India leverage to foster economic cooperation among member nations
BRICS represents 39 percent of global GDP and 23 percent of global trade. It contributes 24 percent of foreign direct…
India Aims for $32 Trillion Economy by 2047: Piyush Goyal
AMN India’s policies are strategically structured to transform the nation from a four trillion dollar economy to a 32 trillion…
India’s Services Sector Hits 10-Month High in June Amid Strong Demand
Staff Reporter India’s services sector posted its fastest growth in 10 months in June, fueled by rising demand both at…