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Economic Survey projects India’s real GDP growth at 11% in FY 2021-22 The Finance Ministry’s Economic Survey projects that India’s real gross domestic product (GDP) would record a growth of 11% in the financial year 2021-22. The nominal GDP growth has been estimated at 15.4%, implying an assumption of 4.4% inflation during the year. The […]
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Vodafone wins arbitration against India over Rs 20,000 crore retrospective tax dispute Vodafone Group Plc today won an international arbitration against India over retrospective tax demand of Rs 20,000 crore. The Permanent Court of Arbitration in The Hague ruled that conduct of the Income Tax Department is in breach of ‘fair and equitable’ treatment. The […]