On the credibility of quarterly data releases, Anant underlined “it is a careful statistical exercise” and that in many areas, “more complete information would be available in many ways by next year”.
In an interview to The Indian Express, Anant emphasised that additional data will help in getting a better picture of October-December, the quarter of demonetisation, and it will be reflected in revised estimates next year.
As per the methodology, since no direct data of expenditure is used, most of the GDP data is calculated based on output data
Apprehensions regarding the abuse of information by the assessees appear to be the main reason behind the tax department's move to seek changes to the Income Tax Act
The Budget division official in another set of internal communication said that they do not intend to print any additional copies this year.
Was he in loop on note ban? Subramanian quotes Buddhist maxim: ‘Speak only when you can improve upon the silence’
Kumar responded to an e-mail query sent by The Indian Express saying: “GSTN is registered under Service Tax.
Revenue secretary, while appearing before a Parliamentary panel, has clarified the government’s stand on the fresh provisions introduced in the Budget.
Clashes between Centre and states over minutes of previous meet
Concession over & above 90:10 division of taxpayers below Rs 1.5-cr threshold.
The Finance Ministry has also sought details from Labour Ministry on the number of inoperative accounts.
The online responses received from some of these individuals have revealed this discrepancy, which is expected to be removed in the second phase of the data mining operation.
Australia arrived in India via Dubai the men from Down Under dug deeper in the desert to conquer their spin demons.