Page 1337 - Economy & Policy News

Modi meets ex-Aus PM Abbott; leaders vow to strengthen economic cooperation

The two leaders emphasised that enhanced economic cooperation between India and Australia would help the two countries

The chequered past of retrospective tax: All you need to know

The government has now proposed to refund principal amount in full to the litigants, with certain conditions

Investors breathe easy, no more retrospective taxation

The fact that the govt decided to come up with an amendment speaks highly of its commitment towards the international investor community

Experts welcome govt's move to bury retro tax, but with riders

They, however, say are not sure if the lack of interest and costs payable by govt will satisfy all litigants

Removal of retro tax will send positive signal to foreign investors

This change in retro tax law will reflect well on the govt's efforts to improve the ease of doing business environment

Centre should be more into free-spending policies: Abhijit Banerjee

Banerjee heads West Bengal's Global Advisory Board (GAB) and advises the state government on issues related to the pandemic

Domestic air passenger traffic recovery continued in July, says ICRA

According to the ratings agency, the growth on YoY basis was 132 per cent.

Economy recovering at fast pace from recent lows of April, May: PHDCCI

At this juncture, it said, there is a need to further fuel the drivers of household consumption

Petrol, diesel prices unchanged; here are the prices in your city today

In New Delhi, petrol is selling at Rs 101.84 per litre. In Mumbai, the price stands at Rs 107.83

Govt likely to reduce private sector's 25% Covid-19 vaccine quota

Vaccine makers, the government has indicated, can provide doses to the private sector according to demand and the remaining would be bought by the government

Pooled investment funds likely to attract service tax: Check details here

GST on expenses charged by REITs, InvITs and MFs may result in tax levy of hundreds of crores

Framing investor charter for securities mkt: Sebi chairman Ajay Tyagi

Capital markets regulator Sebi is working on framing a charter for investors in the securities market, which is aimed at bringing more transparency in the investment process

Mumbai leads housing market recovery in Q1; new launches rise 33%

The latest data from Knight Frank shows that property registration in the largest market - Mumbai Metropolitan Region - hit a decadal high in July

Ministerial panel set to take up PSU insurer's privatisation soon

Consultations at the CGD level involved deliberations on the process of privatisation, timing, and the way forward to sell the PSU insurer - United India Insurance - suggested by NITI Aayog

Lockdown effect: Service activities decline for 3rd straight month in July

The rate of contraction fell as the index rose to 45.4 in the month from 41.2 in June

AAI is not part of central govt, liable to pay land tax: Madras High Court

The Airports Authority of India (AAI) is not a part of the Central government and it cannot be absolved from the requirement of paying urban land tax, the Madras High Court has said.

DICGC to authenticate deposit claims of failed bank in 30 days

Once a stressed bank is put on moratorium, DICGC will be liable to pay depositors an insured amount of Rs 5 lakh

Groundnut sowing areas remain stressed, shows CRISIL's DRIP index

At an all-India level, only 27.5% of the groundnut crop area is under irrigation, according to government data

Cabinet passes Bill restoring power of states to make their own OBC lists

The Union Cabinet is learnt to have cleared a Constitution amendment bill which seeks to give power to states and UTs to make their own OBC lists, sources said on Wednesday

PM likely to address officials, heads of missions on exports on Aug 6

PM Modi is likely to address on August 6 heads of missions of different countries, senior government officials from the Centre and states and representatives of export promotion councils