Why Tariffs Will Hurt US Economic Growth but Likely Won’t Reduce the Trade Deficit
Higher tariffs would unambiguously reduce real gross domestic product and would likely push inflation up, though the size of ...
The Nightly1d
GST distribution: Victoria reduced to ‘beggar’ status by huge GST lifeline
A GST redistribution that has highly favoured Victoria has made it a ‘mendicant’ state, according to independent economist ...
Debt-laden ‘poor state’ Victoria to get GST bailout
Victoria will become a ‘mendicant state’ next financial year, receiving a $3.9 billion boost in GST as Queensland suffers a $2.4 billion reduction in funding.
Marketplace1d
Tariffs are affecting America’s GDP. Here’s how.
Exports, which add to domestic production, could fall if the trade war continues and more countries respond with tariffs on ...
Federal taxpayers footing a $60 billion bill for WA’s GST woes
It was supposed to cost taxpayers just $2.3 billion. But a deal to help West Australians is now on track to punch a $60 ...
The 210 per cent insurance tax you didn’t know you were paying
No other tax has such a large economic welfare loss. Despite the Henry Tax Review wanting them scrapped, taxes on insurance ...
The Print4d
Revenue streams stagnating, Siddaramaiah guarantees & dearth of central funds push up Karnataka debt
Karnataka’s liabilities have increased from 23.97 percent of GSDP in 2022-23 to 24.91 percent in 2025-26, the state's medium-term fiscal plan has shown.
Despite Projected GSDP Rise, Maharashtra To Strive Hard For $1 Trillion Economy Target
Even as Maharashtra's gross state domestic product (GSDP) is expected to be Rs 49,39,355 crore in 2025-26 from Rs 45,31,518 c ...
Work on to set up first EV charging station for electric buses in Puducherry
Puducherry government plans 100% electric bus transition by year-end, with Olectra Greentech subsidiary establishing charging station.
DBS Bank's Radhika Rao expects rate cut in April with RBI likely shifting in stance to accommodative, FY25 GDP at 6.5%
After better economic growth in Q3 at 6.2% compared to 5.6% in Q2FY25, Radhika Rao expects further improvement from Q3 to Q4FY25, but a sharper rebound is restrained by a weak credit growth impulse, ...
Devdiscourse9d
GST Council reconstitutes GoM on GST revenue analysis, expands ToR
The GST Council, in its 55th meeting on December 21, 2024, had decided to reconstitute the Group of Ministers (GoM) on GST revenue analysis with a revised ToR. The GoM was first set up in 2019.
News2413d
India’s GST Collections Soar 9.1% To Rs 1.84 Lakh Crore In February 2025
Meanwhile, net GST collections, after accounting for refunds, grew by 8.1 per cent, reaching around Rs 1.63 lakh crore. This ...