Food costs hit an 11-month peak in July
A sharp 55% month-on-month surge in the prices of tomato and a 20% and 16% raise in onion potato prices fuelled the sharp rise Economy news, Latest Economic News, GDP, … Read More
Month: August 2024
72% of Income Tax assessees opted for new regime in 2023-24
Out of the total I-T returns of 7.28 crore filed for assessment year 2024-25, 5.27 crore have been filed in the new tax regime, says Central Board of Direct Taxes … Read More
A simple guide to understanding inflation
We might have heard our grandparents often telling tales of how all the products used to cost less compared to how they are today. This matter could be best explained … Read More
New record of over 7.28 cr income-tax returns filed, says tax department
The filing of ITRs peaked on July 31, 2024 (the due date for salaried taxpayers and other non-tax audit cases), with over 69.92 lakh ITRs being filed on a single … Read More
GST receipts’ growth rebounds to 10.3%; July kitty third-highest ever
Net receipts rise 14.4% with revenues from imports outgrowing domestic transactions; Refunds record sharp drop and 14 States underperform national growth rate Economy news, Latest Economic News, GDP, World Economy, Indian … Read More