Page 1299 - Economy & Policy News

Statsguru: Silver lining for salaries in 2022 as business outlook improves

India still has a lot of ground to cover, since only 12.48 per cent of the country's population is fully vaccinated

In poorest districts of Uttar Pradesh, 200 grain banks offer food security

Started by Kanpur's Shramik Bharti, these food centres work on a community model

Loss-making PSUs more attractive for buyers after income tax tweak

Investor must retain at least 51% stake to take the benefit

Q2 manufacturing outlook seen improving, cost of biz a worry: Ficci Survey

Percentage of respondents reporting higher production in the second quarter of 2021-22 (July-September) was much above the 50% mark, at about 61%

India to get 3rd set of Swiss bank details in Sep; realty info included

India will get this month the third set of Swiss bank account details of its nationals under an automatic exchange of information pact with Switzerland

GST Council may allow intra-state pharma cess, discuss states' dues

It may discuss extending the compensation cess for states beyond 2022

Winners and losers in shipping crisis

Indian exporters complain of increase in freight rates by 300% to 1000% for various destinations and additional charges

Telecom package: Discussions between DoT and FinMin at an advanced stage

Matters are also a bit complicated since Telecom Secretary Anshu Prakash is due to retire at the end of September

Central Board of Direct Taxes sweetens Air India privatisation offer

The Central Board of Direct Taxes (CBDT) has exempted the airliner from deducting tax collected at source (TCS)

Review meet on disinvestment, privatisation of defence PSUs on Monday

The plan to bring down the government's shareholding and the broad timeline for the sale would be shared with the ministry

India expected to grow 10% during current fiscal: NCAER Director General

The economy is expected to grow around 10% during the current financial year on the likelihood of fewer Covid-linked supply disruptions and buoyancy in the global economy, said NCAER's Poonam Gupta

Sitharaman urges full vaccination for economy, industry to work normally

Calls for more private sector participation in extending reach of govt schemes to rural India

Punjab govt waives loans worth Rs 41.48 crore of over 10,000 SC youths

The Punjab government has waived loans worth Rs 41.48 crore of 10,151 Scheduled Caste youths after they found it difficult to repay the money due to various reasons

Govt exempts TDS and TCS on transfer of assets by Air India to SPV

Move seeks to facilitate strategic disinvestment of national carrier, strategic sale at crucial phase with Sept 15 being last date for financial bids

Venkaiah Naidu urges Centre, state govts to go for solar power in buildings

Says installation of rooftop solar power plants could also be made mandatory

Income Tax refunds worth Rs 70,120 crore issued till September 6

The Income Tax Department on Sunday said it has issued refunds of over Rs 70,120 crore till September 6 this year.

Q2 manufacturing outlook improves; cost of doing biz rises: Ficci survey

As per FICCI's latest quarterly survey, industry has attributed hike in production costs to high fixed costs, higher overheads for ensuring safety protocols, and reduction in volumes due to lockdown

Cabinet may take up amendments to PFRDA Act soon; Bill in Winter session

The Union Cabinet is likely to consider amendments to Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013 soon

Imphal, 4th capital city in NE, to come on railway map within 27 months

Manipurs Imphal will be the fourth capital city in the mountainous northeastern region expected to come on the Indian railway map within the next 27 months.

Recovery tracker: Office visits slip; retail and recreation up a bit

Power generation & traffic point to limited activity than before