Page 2139 - Economy & Policy News

Govt working on measures to make steel sector 'globally competitive'

Despite short-term challenges and the current slowdown, it is believed that India's long-term growth story remains intact, the ministry added

Committed to meet India's energy security needs, says Saudi Arabia

Saudi Arabia is a key pillar of India's energy security, being a source of 17 per cent or more of crude oil and 32 per cent of LPG requirements of India

MCA defends IBC amendments, sticks to strict deadlines in Supreme Court

The MCA has told the apex court that processes of corporate insolvency resolution are time-bound and if it does not adhere to the time-limit then the viability of the process is over

Experience more relevant than what you learnt 35-40 yrs ago: RBI governor

Das pulled out from retirement and dashed to the Mint Road within two days of Urijit Patel quit on December 10, 2018, after many a run-in with the government

AIFs may find limited relief in Sitharaman's latest round of announcements

Some investments see reprieve only for foreign investors, not AIFs

Corporate tax rate cut may not benefit auto buyers, say analysts

Tax cut may not translate into a price cut for auto buyers as companies have been taking a hit by doling out discounts and incentives to boost sales in a dull market

Yogi pitches UP as top beneficiary of tax cuts, US-China trade war

Adityanath claimed UP was already an attractive destination for private investments and the recent measures would provide further traction to the state

Govt speeds up divestment plans on upbeat sentiment after tax cut

Sources also said the prevailing market sentiment, if it holds, would be conducive to the Centre's strategic sale and asset monetisation

After corporate tax cut, fiscal crisis reaches states' doorstep

The recent sentiment-boosting corporate tax cuts will cost the government Rs 1.45 trillion of gross tax revenue

Top 1,000 listed firms may see tax savings of Rs 37k cr on tax cut: Crisil

The drop in tax rate would now bring India at par with most Asian economies, the report added

Corporate tax cut: RBI gets rate respite, cost of funds for firms to soften

Borrowing cost for corporates can come down owing to an improved balance sheet and rating upgrades

Sterling Biotech case: Appellate authority upholds IBC over PMLA

The Resolution Professional of Sterling Biotech's subsidiary, PMT Machines, had approached the appellate authority with a plea that the properties were incorrectly attached by the ED

Centre for I-T e-assessment to be based in Delhi; CBDT issues order

The Centre will have 16 officials and will be headed by a Principal Chief Commissioner of Income-tax as its chief

Trade remedies to be amended to protect, strengthen domestic industry

The draft amendments are likely to be notified soon by the revenue department after legal vetting

Govt may invite foreign firms to set up rail-making units in India

The government is likely to ask for an Expression of Interest from global companies

Making rebates WTO-compatible

Under RoSCTL, except for some items containing cotton, the rates are between 1.7 and 3.6 per cent of the FOB value of export

Renewables ministry asks FinMin to impose customs duty on solar cells

The renewables ministry wants separate classification for solar PV cells and modules used for clean energy projects and levy duties on their import

Preparing for GST audit: Taxpayers face penalty up to 0.25% of turnover

Vinod Subramaniam, CEO, Logo Infosoft, explains the criteria, requirements, processes for filing GSTR-9C and its importance in the context of GST audit

Govt to tweak antidumping, subsidy rules to strengthen domestic industry

The changes in the rules of antidumping, countervailing or anti-subsidy and safeguard have been approved by the commerce ministry and will soon be notified by the revenue department, the official said

PM Modi meets energy sector CEOs in US, discusses investment opportunities

PM also witnessed the signing of MoU between US natural gas company Tellurian Inc. and Petronet LNG of India after