Page 1801 - Economy & Policy News

Power bill over Rs 100,000? Now it's must to file income-tax return

Centre notifies changes; last date for filing extended to Nov 30 from Jul 31

Cayman Islands now India's 10th largest source of foreign direct investment

Inflows have gone up from tax havens; corporate tax dodging worries DPIIT

Asian countries need to focus on PPP to support infrastructure: ADB

PPPs can help by bringing in private sector capital and technical expertise as governments continue to look for value for money in infrastructure provision, the authors said.

Covid-19 is likely to be a litmus test for GST Council, say experts

Experts for staggered payments, liberal input tax credit norms, and expediting e-invoicing

Story in Numbers: 69% prefer work from home to continue to avoid traffic

The survey was an attempt to understand how people were feeling under the lockdown since March 25

10-digit mobile numbers to continue, 11-digit not in consideration: TRAI

Trai has recommended a dialling prefix '0' while making a call from a fixed-line number to a mobile number, the statement says

Industrial activity picking up pace in UP; no new tax proposal: Adityanath

UP government eyeing post-covid investments with companies looking to exit China

CBDT notifies income tax returns forms for 2019-20: Find all the details

The dept has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the Covid-19 outbreak

DGCA to boost safety checks on airlines, airports after deficiencies fou

At Chennai, the DGCA team found that the disposal of masks and gloves was not carried out in line with the prescribed guidelines

FPIs remain net sellers for third month in May, pull out Rs 7,366 crore

Prior to this, FPIs had net withdrawn a record Rs 1.1 trillion in March and Rs 15,403 crore in April

Leave no one behind: Migrants should be given viable livelihood options

Dairying may well be a viable livelihood option for migrants, given its low capital investment, short operating cycle and steady income flow

Will place draft e-comm policy in public domain to seek views: DPIIT Secy

DPIIT Secretary Guruprasad Mohapatra said the ecommerce is a fast emerging sector and it is difficult to predict where it will go in the next couple of years

Covid-19 crisis: Central GST collection falls 87% in April amid lockdown

The dip in revenue collections is being attributed to the country being put under lockdown to contain the coronavirus from March 24 and return filing being deferred

UP asks developers to absorb migrant workers in expressway projects

Currently, three expressway projects of Rs 42,500 crore are underway

Save, shrink, survive: Indian aviation in the time of coronavirus

Business for Indian airlines stopped when the domestic and international services were first suspended in March to contain the spread of coronavirus. How will the airlines change after this crisis?

UP to amend textile, tourism policies to reboot industry, create jobs

The state signs MOUs with four leading industrial bodies to create employment for 1.1 mn returning migrants

Govt considering easing tax rules to promote start-ups, says official

Talking about the host of measures on which they are working, Mohapatra said the DPIIT will be extending more funds this year to startups under the Fund of Funds scheme

Why govt needs a fresh 20/20 vision for Budget 2020

The provisional actual numbers reveal revenue shortfall led to a wider fiscal deficit in 2019-20, but unlike the previous year, the gap was met largely through higher borrowing in a transparent manner

Intelligent lockdown exit plan needed to prevent growth collapse: SBI study

Going by past experience, recovery from recession often tends to be slow and takes five to ten years to reach the former peak levels of economic activity, the report said

BS READS: Are corporate-run prisons an answer to India's rotting jails?

By allowing corporate entities to manage separate jails for undertrials, state governments could free up to 70 per cent capacity in India's notoriously overcrowded prisons