Friday, June 20, 2025

Economy

Finance Ministry’s 2-day field conclave begins tomorrow to fast-track GST & customs reforms

A high-level, two-day brainstorming conclave of top field officials of the Revenue Department will kick off in New Delhi on Thursday, June 19, sources...

Piyush Goyal to discuss India-UK FTA implementation with British counterpart during London visit

Commerce and Industry Minister Piyush Goyal will hold talks with his British counterpart Jonathan Reynolds on implementation of India-UK free trade agreement, the conclusion...

Chennai ITAT ruling a relief for UAE firms: Design review fees not taxable in India without FTS clause or PE

In what could have wide-reaching implications for cross-border service providers, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that a...

Bombay HC allows ITC refund on services export to foreign affiliate

In a key ruling that could impact several multinational groups operating out of India, the Bombay High Court has allowed a refund of unutilised...

Citi economist says supply chain shocks a bigger inflation worry than oil

Samiran Chakraborty, Chief Economist-India at Citi, believes there is still room to absorb higher crude oil prices, but inflation could become a concern if...

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