India has recovered from demo, GST; 7.3% growth predicted: World Bank
The World Bank on Monday noted that the Indian economy has recovered from the effects of demonetisation and the Goods and Services Tax and predicted a growth rate of 7.3 percent for the country in 2018. Further, the apex international financial...
GST one of the most complex, and second highest tax rate in world: World Bank
New Delhi: The goods and services tax (GST) implemented by the Narendra Modi government from 1 July last year is one of the most complex with the second highest tax rate in the world among a sample of 115 countries...
PM credits Team India for WB ranking in ‘ease of doing biz’
New Delhi: Describing World Bank's latest annual 'ease of doing business' report as historic, Prime Minister Narendra Modi said that it is the outcome of the all-round and multi-sectoral reform push of Team India. "Historic jump in Ease of Doing Business...
India jumps 30 notches to 100th rank in ‘ease of doing biz’
New Delhi: India has jumped 30 places to rank 100th in the World Bank's 'ease of doing business' ranking, helped by a slew of reforms in taxation, licensing, investor protection and bankruptcy resolution. The ranking comes as a shot in the...