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Page 1950 - Economy & Policy News

Service PMI hits 7-year high in Jan on favourable market. business optimism

The IHS Markit India Services Business Activity Index rose from 53.3 in December to 55.5 in January, signalling the strongest upturn in output in seven years

Service PMI hits 7-year high in Jan on favourable market. business optimism
Updated On : 05 Feb 2020 | 11:35 AM IST

Budget paved way for perfect ecosystem for startups in India: CBDT

CBDT Chairman P C Mody said most of the issues pertaining to startups were already addressed in last budget

Budget paved way for perfect ecosystem for startups in India: CBDT
Updated On : 05 Feb 2020 | 11:25 AM IST

Solid domestic demand lifts services PMI to 7-year high of 55.5 in Jan

he Nikkei/IHS Markit Services Purchasing Managers' Index rose to 55.5 in January from December's 53.3

Solid domestic demand lifts services PMI to 7-year high of 55.5 in Jan
Updated On : 05 Feb 2020 | 10:45 AM IST

Pension outlay for Army in Budget is unsustainable: CDS Gen Bipin Rawat

Army consists of two categories, officers and jawans, and the former can retire between 54-58 years of age

Pension outlay for Army in Budget is unsustainable: CDS Gen Bipin Rawat
Updated On : 05 Feb 2020 | 7:51 AM IST

Stress in wholesale book of NBFCs to rise further, says CRISIL report

About 30 per cent of the realty book of NBFCs has come out moratorium while 40 per cent of the exposure is still under moratorium

Stress in wholesale book of NBFCs to rise further, says CRISIL report
Updated On : 05 Feb 2020 | 2:30 AM IST

Govt likely to introduce lottery system to boost GST compliance soon

Winning amount may range from Rs 10 lakh to Rs 1 crore

Govt likely to introduce lottery system to boost GST compliance soon
Updated On : 05 Feb 2020 | 2:19 AM IST

Budget 2020 impact: Dividend cloud looms over InvIT and REIT issues

The new DDT rules make recipients add dividends to their total income and pay tax at the marginal rate

Budget 2020 impact: Dividend cloud looms over InvIT and REIT issues
Updated On : 05 Feb 2020 | 1:41 AM IST

FM Nirmala Sitharaman to table 'Vivad se Vishwas' Bill in Lok Sabha today

Taxpayers whose tax demands are locked in dispute in multiple forums can pay due taxes by March 31

FM Nirmala Sitharaman to table 'Vivad se Vishwas' Bill in Lok Sabha today
Updated On : 05 Feb 2020 | 1:34 AM IST

Takeover code for unlisted companies rolled out with safeguard norms

Analysts say rules may have a bearing on Tata Sons in midst of battle with its ex-chairman Mistry

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Updated On : 05 Feb 2020 | 1:25 AM IST
Ball is now in your court: FM Sitharaman exhorts India Inc to invest more
Updated On : 05 Feb 2020 | 1:19 AM IST

Coronavirus puts Beijing model to the test

The Chinese crisis of 2020 could be the death knell for its great competitor: The authoritarian developmental state model

Coronavirus puts Beijing model to the test
Updated On : 05 Feb 2020 | 12:33 AM IST

Accessing foreign funds

Govt should not ignore fundamental weaknesses

Accessing foreign funds
Updated On : 04 Feb 2020 | 11:59 PM IST

No longer taxing: DDT removal a step in right direction, says Sebi chief

Removal of DDT will result in tax savings of 20 per cent for companies, promoters and other wealthy shareholders may be taxed as high as 43 per cent on the dividends they receive

No longer taxing: DDT removal a step in right direction, says Sebi chief
Updated On : 04 Feb 2020 | 11:50 PM IST

Tax write-backs boost JSW Energy net profit to Rs 394 cr for Dec quarter

Its total income fell to Rs 2,106 crore from Rs 2,491 crore as demand was subdued, reflecting the broader economy that has been in the dumps since the beginning of the financial year

Tax write-backs boost JSW Energy net profit to Rs 394 cr for Dec quarter
Updated On : 04 Feb 2020 | 11:24 PM IST

Wanted to keep Budget Speech shorter but ended up breaking own record: FM

In July presenting her maiden Budget, Sitharaman had spoken for 2 hours 17 minutes

Wanted to keep Budget Speech shorter but ended up breaking own record: FM
Updated On : 04 Feb 2020 | 11:20 PM IST

New taxation rules to hit dividends received from foreign subsidiaries

Rewriting of norms may result in double taxation, say experts

New taxation rules to hit dividends received from foreign subsidiaries
Updated On : 04 Feb 2020 | 11:14 PM IST

Shun hesitation, make investments to drive growth: Sitharaman to India Inc

At a post Budget interaction at a CII event here, the minister said the government was there to facilitate the industry

Shun hesitation, make investments to drive growth: Sitharaman to India Inc
Updated On : 04 Feb 2020 | 10:36 PM IST

Budget 2020: 100% smart prepaid metering trips on target and funds

Power ministry has been planning it for two years, but with limited success

Budget 2020: 100% smart prepaid metering trips on target and funds
Updated On : 04 Feb 2020 | 9:12 PM IST

Amfi seeks clarity from tax authorities on removal of DDT, TDS introduction

Currently, mutual funds deduct the DDT and then hand over dividend to the unit holders

Amfi seeks clarity from tax authorities on removal of DDT, TDS introduction
Updated On : 04 Feb 2020 | 9:07 PM IST

Commerce ministry preparing district export plan to boost shipments

Budgetary support will be provided to make outreach at the district level and prepare this plan, the ministry said

Commerce ministry preparing district export plan to boost shipments
Updated On : 04 Feb 2020 | 9:05 PM IST