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surabhi

Economy Editor at Business Today. Surabhi writes on government policy and macroeconomic issues ranging from taxation and economic affairs, commerce and industry, statistics and labour markets. A journalist for nearly two decades, she has worked with newspapers including BusinessLine, Indian Express, Financial Express and Economic Times. Her debut novel, the Girls From Patna, was well received. She is currently working on her second book.

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SEZs have proved to be a key part of the government’s strategy to boost domestic manufacturing and exports by offering several incentives to developers and manufacturers setting up and working out of these zones.

Changes to SEZ rules may not only boost chip, electronic manufacturing but also investor interest

by Surabhi |Jun 5, 2025

Experts say SEZs have lost sheen over the years due to lack of tax benefits, inability to move products to DTA without payment of duties.

The move comes at a time when the GST Council, headed by Union finance minister Nirmala Sitharaman is already working on rate rationalisation of the indirect tax levy.

GST 2.0: Finance ministry holds discussions with industry representatives

by Surabhi |Jun 4, 2025

Sources indicate aim is to get feedback from stakeholders, expectations of a three-rate structure, simpler compliance

Taxpayers cite high compliance burden despite anti-evasion efforts by tax dept

Taxpayers cite high compliance burden despite anti-evasion efforts by tax dept

by Surabhi |Jun 2, 2025

The income tax department has enhanced its ability to monitor and profile taxpayers in a bid to prevent tax evasion and widen the tax base. But Taxpayers complain of high compliance burden and misuse ...

Very few rural households fully depend on agriculture for income, finds report

'Only 20.7% annadatas fully depend on agriculture for income': Report calls for rethinking rural development strategies

by Surabhi |Jun 2, 2025

PRICE’s ICE 360° survey reveals that while 42.4% of rural households earn some income from agriculture, only 20.7% are fully dependent on it.

The economy is seen to have grown by 6.5% on FY25, in line with official estimates, giving comfort that India will continue to weather the global headwinds in the current fiscal as well.

Conditions are in place for low inflation, steady growth rate: CEA

by Surabhi |May 30, 2025

Four-quarter high growth of 7.4% in Q4 FY25 gives confidence of growth momentum continuing, private consumption expenditure remains a key monitorable, say analysts

FRRB initiates suo moto review into IndusInd Bank's financial statements

ICAI begins probe into accounting discrepancies at IndusInd Bank

by Surabhi |May 29, 2025

The Financial Reporting Review Board will look into IndusInd Bank's financial statements and statutory auditors reports for FY24 and FY25.

The Labour ministry has said that all cases of rejections must be audited by a specialised team of chartered accountants empanelled under the Comptroller and Auditor General of India.

Higher pension: EPFO directs field formations to not arbitrarily reject applications

by Surabhi |May 28, 2025

Flooded with complaints over exceptionally high rejections, labour ministry says all rejections must be audited by designated CAs

Will a fresh IMF loan provide temporary relief to Pakistan’s crumbling economy?

Will a fresh IMF loan provide temporary relief to Pakistan’s crumbling economy?

by Surabhi |May 27, 2025

A fresh IMF loan might provide temporary relief to Pakistan's economy, in shambles for decades now, but will it be able to sustain without long-term reforms, especially after the military escalation w...

US has become the top source of remittances to India

'One Big Beautiful Bill': What it means for India and Indians living in the US

by Surabhi |May 26, 2025

India is the top remittance recipient in the world, 3.5% tax to add to cost of transactions but may not discourage remittances by much

Saugata Bhattacharya, external member of RBI MPC and Senior Fellow at the Centre for Policy Research (CPR)

Optimistic of a pick-up in private investment: Saugata Bhattacharya, external member of RBI MPC, on state of India's economy

by Surabhi |May 26, 2025

Saugata Bhattacharya, external member of the Monetary Policy Committee of the RBI and Senior Fellow at the Centre for Policy Research on the state of India's economy.