Page 1656 - Economy & Policy News

Karnataka appellate authority rules 18% GST on whole wheat 'parota' is void

Karnataka Appellate Authority of Advance Ruling has given a ruling that the 18 per cent GST applicable on whole wheat parantha or parota (fried flat bread) and Malabar Parota is void ab initio

PM Narendra Modi to address RAISE 2020 virtual summit today

Prime Minister Narendra Modi is set to address the Responsible AI for Social Empowerment (RAISE 2020) summit scheduled to take place on Monday evening.

Nirmala Sitharaman to chair stormy 42nd GST Council meeting today

Union Finance Minister Nirmala Sitharaman will chair the 42nd Goods and Services Tax (GST) Council meeting at 11 am on Monday

Rs 1,000 cr paid to 41,084 farmers for procurement of paddy on MSP: Centre

The central government on Sunday said that over Rs 1,000 crore has been paid to 41,084 farmers for procurement of paddy on Minimum Support Price

Centre to frame scheme to waive moratorium interest; SC to hear case today

Waiver may cost Centre Rs 5,000-7,000 crore

Statsguru: From socialising to learning, how the unemployed spend time

Among other things, the unemployed spend significantly more time educating themselves than the employed, shows the data

Smaller, cheaper vehicles take centre stage amid economic slowdown

Revenue break-up of car makers also suggests that buyers are now changing their cars less frequently, compared to the past

Maulana Fazlur Rehman appointed as head of Pak's new anti-govt alliance PDM

Iqbal said the Opposition had decided to launch the movement for the supremacy of the Constitution, democracy, the independent judiciary and for the security of the rights of Pakistanis

Firms can now convert permanent jobs into fixed-term contracts

The Industrial Relations (IR) Code, 2020, notified on September 29, has allowed companies to hire contract workers directly through fixed-term contract, known as fixed-term employment

India gives highest attention to sharing of scientific data: DST Secy

Department of Science and Technology secretary Ashutosh Sharma has underlined the increasing attention given by India on sharing scientific data with its global partners, the DST said on Sunday.

GST row: Govt proposes to revise Option 1, Oppn states may table 3rd option

Centre is likely to propose extending the compensation cess period by another two years beyond June 2022

Covid-19 crisis: Signs of economic recovery fragile, say experts

Some major indicators raise hopes but there are segments showing that revival is still nascent

Finance ministry pins hopes on festive season for growth momentum

The Finance Ministry, however, cautioned that the spread of Covid-19 and an increase in precautionary personal savings posed risks to the prospects of economic expansion.

Govt buys 573,000 tons of paddy at MSP in last 8 days from Punjab, Haryana

Paddy worth Rs 1,082.46 crore has been purchased at MSP from 41,084 farmers so far, it said

Carrying physical copies of e-invoices not required, clarifies GSTN

CBIC has said companies will not attract any penalty if they move goods without e-invoicing

1 mn more families in Gujarat to get food grains at low cost under NFSA

At present, 3.5 crore people are getting food grains under the NFSA in the state

Renewable ministry, Niti Aayog organise conference on solar cell production

The statement said solar deployment has been the flagship green growth story of the last decade and this would be instrumental to stimulate growth and build a climate-resilient world

Biz optimism returning, economic recovery to be L-shaped: Axis Bank MD

He was quick to add that we are not completely out of the woods yet and a sustained recovery may take a few quarters

Reforms to mitigate Covid-19 impact will ensure long-term growth: FinMin

The implementation of 'Aatmanirbhar Bharat' package and unlocking of the economy have ensured that economic recovery in India has gained momentum

PFRDA to engage consultancy for separating NPS Trust, structuring

In the Union Budget for 2019-20, the government had proposed to separate the NPS Trust from the pension regulator in order to address issues over conflict of interest