GSTN performance improved steadily over time: Report

The paper — titled Fixing the GST Process: Five Years of Iterative Problem Solving — further said that while the GST regime began with 38 lakh taxpayers on July 1, 2017, it saw a steady increase and climbed to 1.12 crore taxpayers by June 2018. “At the time of publication, there were 1.37 crore taxpayers, […]

RBI could announce another repo rate hike on April 6 to manage inflation

The Reserve Bank of India is expected to announce a rate hike on April 6, following a review of its monetary policy. The central bank has raised the repo rate, the rate at which it lends to banks, by a cumulative 250 basis points since May 2022, and Thursday’s announcement could be the second hike […]