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They also urged to make it compulsory for all loans below Rs 50 lakh or Rs 1 crore to be covered under the collateral-free guarantee mechanism for MSMEs.
STT has seen slower growth this year as investor sentiment turned cautious amid market corrections in September and October.
Union Home Minister Amit Shah will chair a high-level security review meeting on November 11.
Economists also pressed for a strong push on non-financial reforms to sustain high growth.
Since this is not a GST levy, the Council’s approval will not be necessary. The new central levy will have to be approved by Parliament.
Insurance agents are seeking intervention from the government after insurers slashed commissions following the GST rate rejig, however, one official said the issue does not warrant council's intervention as the matter is a business arrangement within the industry.
Sanghnomics: We are treating largely symptoms of a deeper malaise. The solution is to check reckless consumerism that has become the driving force of modern economic models
Many consumers are resisting, even turning back the digital revolution
A shaky US–China truce, a cautious Fed, and an underperforming India—markets may have dodged a bullet, but the pressure is far from over
CII calls for a trust-based, technology-enabled tax system; proposes simplified TDS regime, statutory taxpayers’ charter, and paper-free customs roadmap in pre-Budget 2026-27 proposals
Process reforms are key to equipping India’s indirect tax system for better revenue mobilisation
Former National Cyber Security Coordinator Rajesh Pant calls for a new national cyber security strategy and unified agency to protect India’s digital ecosystem amid rising threats
Sandbox pilot underway; mock regulators and exchange being created for testing
In the pre-Budget memorandum shared with the Revenue Secretary Arvind Shrivastava, Assocham said the direct and indirect tax systems need procedural clarity, consistency and reduced compliance costs to make India’s manufacturing globally competitive.
Industry body warns of duopoly as UPI processing reaches 19.6 billion transactions in September
The industry body’s delegation met Revenue Secretary Arvind Shrivastava on October 29 to present the industry body’s pre-budget proposals and discuss tax and tariff-related issues impacting businesses.
Industry body urges filling vacancies, simplifying TDS structure, and granting tax neutrality for fast-track demergers to reduce litigation and improve ease of doing business
The approval of the SPA and the subsequent invitation of financial bids will mark the final phase of the long-awaited IDBI Bank privatisation process that has been underway since 2021.
Strong performance in the industries and services sector, along with a stable labour market, will further enhance domestic demand, the ministry's monthly economic review has said
The tax incidence on tobacco-related items is about 53 percent, while it is 88 percent on pan masala – comprising 28 percent GST and a compensation cess
While India's growth indicators remain strong, October's softer PMI and persistent trade uncertainties raise uncomfortable questions
The IPO rush hour is building. The coming week will give you a glimpse of it. That’s not all, brace for a clutch of high frequency indicators like IIP and fiscal deficit. Earnings numbers are also rolling. Do keep a watch
Simplified GST registration from November 1 to benefit 96 percent of new applicants; Sitharaman urges shift away from ‘GST 1.0 mindset’
The integration of the plans is expected to bring sectoral allocations, policy execution and project priorities under one cohesive framework
These booms are connected, but not in the way you may have heard
