Economy

Modi govt’s pension scheme for unorganised sector: Check who will get it

Notification on the PMSYM scheme is expected to be issued on Friday.

Pension scheme, unorganised sector, Pension scheme for unorganised sector, PMSYM, PMSYM scheme News

Deadline looms: You may lose your income tax PAN if you do not take this step

CBDT Chairman Sushil Chandra said that just 23 crore PAN card holders, out of 42 crore cards issued, have so far linked their cards with biometric ID Aadhaar, even as the deadline to link the two come

PAN cards linking with  Aadhaar, Sushil Chandra, CBDT Chairman, PAN card holders, ID Aadhaar News

On Innovation superhighway: India jumps 8 places in Intellectual Property ranking

The seventh edition of the index shows India jumping eight places in the ranking to 36th in 2019 from 44th in 2018

international Intellectual Property Index, foreign investors, India, GIPC, WIPO Internet Treaties News

RBI’s inflation projection misses not out of line with EM central banks: Viral Acharya

Of late, headline inflation readings have been undershooting RBI’s projections amid volatility within the food and fuel components that are excluded from core inflation, which has invited criticism

RBI, RBI inflation, EM central banks, Viral Acharya, demonetisation, Central Statistics Office News

Andhra Pradesh to issue Rs 2,000-cr bonds

This comes after NTPC threatened the electricity distribution companies of the state to curtail power supply if the bills were not cleared soon. The bond issuance would also have a green shoe option o

Economy News

UP government presents Rs 4.79L-crore budget

Considering that this is an election year and the 2019 Lok Sabha polls are just a couple of months away, the government has allocated Rs 247.60 crore for the maintenance of cow shelters in rural areas

UP government, UP government budget 2019, Yogi Adityanath, Rajesh Agarwal, FRBM act, Bundelhand expressway News

Bankruptcy code: NCLT can’t evaluate CoC decision on resolution plan, says SC

The NCLAT held that in both the cases the resolution plan did not garner support of not less than 75% of voting share of the financial creditors constituting the CoC, a pre-requite according to the In

Bankruptcy code, NCLT, committee of creditors, Innoventive Industries, supreme court News

Late filing: Hyderabad GST commissionerate orders interest levy on input tax credit

The order was issued despite the GST Council’s decision in its 31st meeting on December 22 last year, which said interest should be charged only on net tax liability of the taxpayer, after taking in

Hyderabad GST commissionerate, GST return filing, delayed GST return filing, GST Network portal, GST , gst lawtaxpayer, GST Council News

Tata Power arm seeks more time to get states’ nod for Mundra PPA revision

The electricity regulator did not accept CGPL’s petition as the company had approached the quasi-judicial body unilaterally, requesting it to direct the distribution companies (discoms) to adopt rev

Tata Power arm, Coastal Gujarat Power, Mundra ultra mega power plant,  power purchase agreements News

Trai slams CRISIL on new cable, DTH tariff regime

Assuaging concerns that TV bills will go up under the new regulatory regime, Sharma explained that the basic architecture of the new framework provides for fair competition among broadcasters and real

Trai, CRISIL, DTH tariff regime, BARC, TV bills, TV channel, distribution platform owners News

Debt ETF may have G-Secs in portfolio

In India, the corporate bond market constitutes a relatively small size of around 13% in terms of GDP compared with the government bond market, which is around 30.4% in terms of GDP.

Debt ETF, G-Secs, debt exchange-traded fund, PSU, debt ETF, GDP News

Spectrum to Railways: Telecom department to seek regulator’s views

As per telecom secretary Aruna Sundararajan, the DoT has never allocated access spectrum to anybody without charging till now and that is why, the view of Telecom Regulatory Authority of India (TRAI)

Economy News

Income tax returns filings grew by over 37% in April-January

During the April-January period of the last two fiscals, the growth was more subdued at 17 percent and 20 percent, respectively. At the end of FY14, only 3.8 crore e-returns had been filed. The govern

Economy News

Data Localisation: ‘One-size-fits-all approach will be harmful’

While there was consensus among the panelists that “critical data” should remain localised, most felt that data localisation would not provide solutions.

Economy News

New PIT disputes see a drop

The latest data, as revealed in Friday’s interim Budget, however, seem to suggest either a drop in new claims or withdrawal of cases made in the area of personal income tax (PIT).

personal income tax, PIT disputes, direct tax disputes, interim Budget News

Direct tax growth in 2019-20 could even beat estimate, says Finance Secretary Ajay Narayan Jha

With GST forms made simpler, we are expecting better compliance and enforcement next year.

scheme for farmers,PM-Kisan, finance secretary, Ajay Narayan Jha, Direct tax growth News

PM Kisan Samman Nidhi: new scheme barely able to cover the cost of pesticides per hectare

By Prabhudatta Mishra The Centre’s newly launched PM Kisan Nidhi Yojana, an assured income support scheme for farmers, will barely cover the per-hectare expenses on pesticides in many states, leave

Economy News

RBI board likely to take up interim dividend request in Feb 9 board meeting

The Budget has factored in a Rs 68,000-crore dividend from the RBI in the revised estimate for the current fiscal.

rbi dividend, reserve bank of india dividend, rbi dividend to government 2018, rbi dispute with government News

Budget 2019-20: Far more needs to be done to make Skill India a success

The demographic dividend can only be realised if we can provide the requisite skills that future workplaces require to our youth.

Budget 2019 News

Budget 2019-20: Strong in spirit and substance but not not so strong on specifics

Interim Budget is strong in spirit and substance—although it could have been stronger on specifics.

Budget 2019 News

Budget 2019: Govt’s move to address farm distress too little, too late

With PM Kisan Samman Nidhi Yojana and credit subventions, the government woos the rural populace ahead of elections

Budget 2019 News

Big bonanza for workers! Govt announces affordable pension for unorganised sector — check details

Under the new Pradhan Mantri Shram-Yogi Maandhan, a worker will make a monthly contribution of just Rs 55

Budget 2019 News

Budget 2019: Income support and subsidies can co-exist, says Arun Jaitley

Jaitley, who held the finance portfolio until recently, also expressed optimism that GST collections would see a big increase next fiscal.

Budget 2019 News

Budget 2019: Government to miss fiscal deficit target in FY 2019 & 20

Fiscal deficit to miss target by 10 bps in FY19 and 30 bps in FY20, thanks to PM-Kisan; meeting 3% target by FY21 doubtful now

Budget 2019 News

In GST we trust – Government bets big on tax reform despite Rs 1 lakh crore shortfall in mop-up

The monthly average required to achieve the estimate stands at Rs 1.1 lakh crore for 2019-20

Economy News

Retailers eye more revenues as consumers get big sops

As many as 530 million people had been active internet users in 2018, of this 110 million people shopped online at least once, according to an estimate by market research firm RedSeer Consulting. This

Budget 2019 News

Budget 2019: Tax relief, farmer support to rev up sales of two-wheelers

India Union Budget 2019: Two-wheeler sales have been growing at a slower pace of 9.5% year-on-year in the second half of FY19 from around 15% y-o-y in the opening months.

Budget 2019 News
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