Page 25 - Arup Roychoudhury

Govt unlikely to waive off Rs 1.33 trillion tax payout by telcos

The industry has been seeking relief on penalty and interest on the AGR dues while asking for a staggered payment format

30% of homeless, 27% of third-gender residents don't have Aadhaar: Report

Survey report by Dalberg says Aadhaar usage widespread, but problems remain

PSU banks disbursed around Rs 2.5 trillion in loans during October: Govt

Of the Rs 2.52 trillion, Rs 1.06 trillion was disbursed towards new term loans, while Rs 46,800 crore was towards new working capital loans

Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs

Finance Minister Nirmala Sitharaman said privatisation of BPCL will be without the company's equity shareholding of 61.65% in Numaligarh Refinery in Assam

GST compensation delay: States considering legal action against Centre

Central govt official says will release funds before end of this month

Can Places of Worship Act be a deterrent to future Mandir-Masjid disputes?

No law can prove a deterrent in the absence of institutions and capacity to enforce it, say experts. There is also a concern that any govt may repeal it as Parliament can't be prevented from doing so

Cabinet panel to soon take up proposal to pare majority govt stake in PSUs

BPCL will be a key to achieving the divestment target, of which only Rs 17,364 crore is met so far

Amid economic slowdown, Moody's lowers India's 2019 growth forecast to 5.6%

Revises prediction from 6.2%, says slump lasting longer than expected

Supreme Court strikes down amended Finance Act rules for tribunals

Validity of Act as Money Bill referred to a larger Bench

Revenue situation rules out further tax sops for the individual taxpayer

Even tax cuts in 2020-21 could be a difficult proposition as officials dismiss reports of relief for salaried class and scrapping of DDT and LTCG

Moody's cuts India's credit outlook to negative; govt not convinced

Outlook downgrade comes 2 yrs after ratings upgrade. Govt says fundamentals remain strong

Govt likely to extend 15th Finance Commision's term by six months

Officials say there have been discussions on whether the treatment given to J&K will be unfair to Delhi and Puducherry

India reiterates its stand to US on strategic relations with Iran

FM Sitharaman explained that India's relation with Iran was a strategic one

Slowdown pangs: Sep quarter GDP growth may slip below 5%, says govt

This is in-line with most revised estimates by government bodies, research firms and ratings agencies

Fifteenth Finance Commission raises concerns on debt levels of states

The commission said the overall state debt has risen particularly due to UDAY scheme

Ease of doing business: Four key parameters on which India needs to improve

The country is still ranked below 100 in starting a business, registering property, enforcing contracts and paying taxes

NTPC likely to acquire govt's stake in THDC, Neepco for Rs 8,000 cr

Govt hopes non-tax revenue items, divestment can help it make up for some of tax shortfall in a slowing economy

India rises 14 places to 63rd in global Ease of Doing Business rankings

In the latest report, India managed to better its ranking on seven of the World Bank's 10 parameters

A peek into what some Indian Nobel Prize winners did with the award money

While many used to funds to further the causes for which they got the prize, a few were silent on how they used the money

DoT seeks relief for BSNL, MTNL once again, but with fewer demands

Dept has apparently sought funds for VRS schemes of the two firms and allotment of 4G spectrum, proposes to raise finances via asset monetisation