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India may soon change the way it measures economic growth

The government is considering moving to the chain base method of calculating gross domestic product.

Outstanding tax demand

Dec 12, 2019, 12.19 AM IST

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OUTSTANDING TAX DEMAND

Setback for India as WTO extends nil tax on e-transmissions

As per an UNCTAD study, India’s potential loss of revenue by not taxing electronic transmissions is around $500 million every year. Of the total $8 billion of potential tax losses projected for 58 developing countries, Mexico, Thailand, Nigeria, India, China and Pakistan face the highest losses, revealed the research paper.

It’s time to revisit income tax rates: Bibek Debroy, Chairman PMEAC

This year we are around 5% and next year 6-6.5%, the PMEAC chairman said ...

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