Page 1675 - Economy & Policy News

Adityanath govt to create single window portal for film makers in UP

Necessary permissions and no objection certificates for film shooting can be obtained through this portal

Lok Sabha passes Bill to amend Companies Act, promote ease of doing biz

The Lok Sabha on Saturday passed a Bill to further amend the Companies Act and decriminalise various non-compoundable offences, and to promote ease of doing business

The Modi govt must forget pakoras and let the likes of Toyota create jobs

When India should be presenting itself as an alternative to China by making it easy for enterprises, we find the old and discarded Soviet-style statism creeping back

Doubts raised on transparency of 2 PM funds; LS passes taxation Bill

The Lok Sabha on Saturday passed Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020 amid counter allegations levelled by both the BJP and the Congress

Centre mulls closure of PSUs up for sale on a case-to-case basis

The Union government may consider the closure of central public sector units (PSUs) even if they have been approved for strategic disinvestment on a case-to-case basis.

Net direct tax collections decline 31% in April-August FY21

The net direct tax collection in April-Augustwas 31.1 per cent lower on year-on-yearbasis at over Rs 1.92 trill, according to data provided by Minister of State for Finance Anurag Thakur in Lok Sabha

Agri-related Bills give farmers freedom to fetch better prices: Nadda

BJP national president J P Nadda hit out at the pposition for calling the three agriculture-related Bills passed by Parliament anti-farmer

Southern Railway's Chennai Division boost freight biz with new units, app

'Freight Seva' is a one-stop destination for information needs, such as incentive schemes of Indian Railways, types of wagons and commodities that can be transported, freight and parcel rates, etc

New laws have beneficial provisions, will not hurt Tamil Nadu farmers: CM

Says the laws will iron out issues relating to contract farming and have provisions to fetch a better price for the cultivator

MSME units from Maharashtra availed maximum loans under ECLGS: Minister

The government on Saturday said MSME units from Maharashtra availed maximum loans under the Emergency Credit Line Guarantee Scheme (ECLGS) as on September 16

Entries invited for contest on showcasing GST reforms on video, graphics

Top prize of Rs 1 lakh, four runners-up to get Rs 50,000 each; GSTN releases a series of themes on which the entries could be based

Govt proposes wider coverage for migrant workers under labour laws

Migrant workers travelling on their own for work will also be included; till now, only those hired through contractors were covered

Garib Kalyan Rojgar not implemented in WB as it did not provide info: FM

FM Sitharaman said the Garib Kalyan Rojgar Abhiyaan was not implemented in West Bengal as the state did not provide any data regarding migrant workers who returned to their native places amid Covid-19

No decision to discontinue printing of Rs 2,000 currency note: FinMin in LS

The Finance Ministry on Saturday informed the Lok Sabha that no decision has been taken to discontinue the printing of Rs 2,000 denomination currency notes

Tamil Nadu becomes first state with AI, blockchain, cybersecurity policies

In order to promote IT/ITeS and attract more investments, eight SEZs were established in Chennai and tier-II cities

Insolvency against corp debtors, personal guarantors can go together: FM

Finance Minister Nirmala Sitharaman on Saturday said law provides for carrying out insolvency and bankruptcy proceedings against corporate debtors as well personal guarantors together

Gig firms to contribute 1-2% of turnover for social security of workers

Workers will be entitled to life and disability cover, accident insurance, health and maternity according to proposal to be introduced in Lok Sabha today.

FM Sitharaman moves bill in RS to amend Insolvency and Bankruptcy Code

Nirmala Sitharaman moved the bill for the amendment of the Insolvency and Bankruptcy Code, 2016 in the Rajya Sabha

Most of additional budget spending for people-centric schemes: Sitharaman

Nirmala Sitharman said that the majority of the additional resources in the first batch of the Supplementary Demands for Grants would be spent on people-centric schemes amid the coronavirus pandemic

GST Council to take call on funding compensation shortfall: FM Sitharaman

Nirmala Sitharaman said GST Council will arrive at a common ground on ways to compensate states for loss of revenue