Page 55 - Indivjal Dhasmana

In a first, GST Council votes to tax lotteries at uniform rate of 28%

All the earlier decisions by the Council had been taken through consensus

Govt sets Rs 1.1 trillion as monthly GST target for tax officials

Four of eight months in this fiscal year have delivered less than Rs 1 trn collection

Govt exploring new method for calculating GDP with changing weights

The weights assigned to various products and activities will keep updating but the base year will remain the same

Bill to provide social security to workers introduced in Lok Sabha

This code seeks to make Aadhaar mandatory for availing of benefits under various social security schemes

ADB scales down India's GDP growth forecast from 6.5% to 5.1% for FY20

The ADB said growth would pick up to 6.5 per cent in 2020-21 with "supportive" policies, but also said it would be lower than its earlier forecast of 7.2 per cent for the fiscal year

Falling GST collections: Parliamentary panel asks Centre to address issue

The Centre has paid Rs 45,745 crore as compensation to states for their revenue loss under GST for the first four months of the current financial year

Manufacturing PMI drops to 2-year low in October on weak demand

The PMI report said the cooling of manufacturing sector conditions continued in October, with both factory orders and production rising at the weakest rates.

Jobs decline for first time in six years due to agri, manufacturing: Study

Total employment in the economy stood at 474.2 million during 2011-12, which declined to 465.1 million during 2017-18

Finance Ministry job ended unceremoniously, says Subhash Chandra Garg

He said he could have become the longest-serving finance secretary if he had held the post until his superannuation in October 2020

Low tax revenue, high spend push H1 fiscal deficit to 93% of FY20 target

Though the figure seemed alarming, it was bit lower than 95.3 per cent in the corresponding period of 2018-19

Labour productivity growth declines in organised manufacturing: Report

Capital has replaced labour much faster in recent years than in the past

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

Agents of foreign firms seek GST exemption, cite govt body clarifications

These providers, indenting agents in technical parlance, went to the Gujarat high court against the GST levied on them

India is likely to move up in Ease of Doing Business report of World Bank

India was 77th among 190 countries in the previous ranking

Sharp revisions in the GDP growth rate tell a tale of uncertain times

Is the growth modeling fraught with errors? If so, how can the policy makers frame policies in such a scenario?

T K Pandey appointed new disinvestment secy; Ashok Malik advisor to MEA

Some disinvestments, including strategic sale of BPCL, are on the cards. The Cabinet has okayed the new policy to make Dipam as the nodal department for disinvestment

States to miss debt target on slow economic growth: India Ratings

RBI data showed that fiscal deficit of states rose to 2.9% of gross domestic product (GDP) in their Revised Estimates, from 2.6% in their Budget Estimates for FY19

Bargain hard but go for RCEP deal: Former NITI V-C Arvind Panagariya

Panagariya said there was a huge scope for India to improve medical treatment

If GDP growth is down, GST mop-up will be hit: Ajay Bhushan Pandey

In September, the collection was a little lower, as we are aware that a few sectors of the economy are posting lower growth, says Ajay Bhushan Pandey

IMF slashes India's FY20 GDP growth forecast to 6.1%, global to 3%

Says the country, along with other emerging market economies, will drive global growth rebound in 2020