 "Indivjal Dhasmana")
Indivjal Dhasmana
Indivjal Dhasmana
Indivjal Dhasmana, a senior associate editor at Business Standard, writes on macroeconomics, taxes, and political economy. He has over three decades of experience in various journalism. He currently heads the economics data team at Business Standard.
Indivjal Dhasmana, a senior associate editor at Business Standard, writes on macroeconomics, taxes, and political economy. He has over three decades of experience in various journalism. He currently heads the economics data team at Business Standard.
Page 78 - Indivjal Dhasmana/ Pti
Parliamentary panel approves debt recovery law with changes
It seeks to amend four laws; govt hopes to table the revised Bill in the ongoing session
 "Parliamentary panel approves debt recovery law with changes")
IMF note flags growth hurdles in India
Says corporate and bank balance sheet woes, slow reforms, sluggish exports worrying
 "IMF note flags growth hurdles in India")
SIT seeks action against 788 exporters for parking more than Rs 100 cr abroad
The SIT, headed by justice M B Shah, had earlier asked RBI for details of exports where the proceeds were not realised even after more than a year
Nomura: GST may hit growth
While the central tax kitty would increase within GST base would increase, those of states would fall in the short run, it said in a report
 "Nomura: GST may hit growth")
Govt optimistic on GST passage
The new MoS Finance says Congress party's demand for capping the GST rate in the Constitution was 'not practical' and the government is trying for a consensus
 "Govt optimistic on GST passage")
IMF cuts India's growth projections slightly
The government expected economic growth in the range of 7-7.75 per cent for the current financial year
Govt releases Rs 23,000 cr to recapitalise 13 PSU banks
SBI gets the biggest chunk of Rs 7,575 cr followed by Rs 3,101 crore for Indian Overseas Bank
 "Govt releases Rs 23,000 cr to recapitalise 13 PSU banks")
How government is targeting big income tax evaders
Tax evaders can come clean by using the IDS by paying 30 per cent tax, 7.5 surcharge, 7.5 per cent penalty, totalling 45 per cent
 "How government is targeting big income tax evaders")
Pulses and cereals are key worries in inflation
The latest bout of retail inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses
 "Pulses and cereals are key worries in inflation")
India Inc upbeat on economy, higher profits
Lack of political consensus on economic reforms a key concern
 "India Inc upbeat on economy, higher profits")
Govt extends payment date under black money scheme
The government has allowed payment of dues in three instalments by September 30, 2017
 "Govt extends payment date under black money scheme")
WPI inflation rises to 1.62% in June
At double the rate of 0.79% in the previous two months each
 "WPI inflation rises to 1.62% in June")
Now, Cairn demands $5.6 bn from govt
$1 bn as damages, $4.6 bn for tax demand, interest and penalty
 "Now, Cairn demands $5.6 bn from govt")
Retail inflation edges up to 22-month high of 5.77%
Urban, rural areas show contrasting picture
 "Retail inflation edges up to 22-month high of 5.77%")
IIP sees mild uptick, retail inflation inches up
Retail inflation inches up, but declines in rural areas
 "IIP sees mild uptick, retail inflation inches up")
After textiles, NITI Aayog for reforms in other job-intensive sectors
Seeks to develop coastal economic zones to woo big players
 "After textiles, NITI Aayog for reforms in other job-intensive sectors")
Rising tax kitty to help Centre meet fiscal deficit target
Tax collections up 28% to Rs 3.24 lakh crore during April-June 2016
 "Rising tax kitty to help Centre meet fiscal deficit target")
Ring-fencing of GST rate proposal vague: Experts
A committee headed by Arvind Subramanian has recommended the standard GST rate be 17-18%
 "Ring-fencing of GST rate proposal vague: Experts")
Govt open to Cong's idea of ring-fencing GST rate
Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week
 "Govt open to Cong's idea of ring-fencing GST rate")
Tax kitty up 28% in Q1
Corporation tax collections up just 4%; indirect tax kitty up 31%
 "Tax kitty up 28% in Q1")