The government’s sweeping GST rate cuts promise a boost to consumer spending, but India still effectively has a five-slab system. Revenue loss could also force cuts in capital expenditure. Will this Diwali gift for consumers work out well for India’s economy?
4 min read25 Sep 2025The company's consolidated order book grew 19% year-on-year in the June quarter, with the share of international orders at 38%.
4 min read25 Jul 2024Capital expenditures are expenses made to develop long-term economic assets, while revenue expenditures are those expenses that do not result in the creation of assets for the Indian government.
2 min read1 Feb 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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