Page 2185 - Economy & Policy News
UP govt to crack down on tax evasion, eyes over Rs 1.4-trn revenue in FY20
CM Adityanath also exhorted the excise department to pull up its socks for posting higher excise revenue in the current financial year
 "UP govt to crack down on tax evasion, eyes over Rs 1.4-trn revenue in FY20")
Tax evasion may derail India's fiscal deficit goal as demand wanes
Poorer tax compliance adds to the government's revenue collection woes amid a broader slowdown in the economy
 "Tax evasion may derail India's fiscal deficit goal as demand wanes")
Washery tenders delayed, clean coal plan in soup: Here're the details
Coal washing improves the quality by reducing the ash content to 33 per cent from the earlier 40-45 in average coal in India
 "Washery tenders delayed, clean coal plan in soup: Here're the details")
Criminal offences in Companies Act to be slashed, govt mulls 65 changes
The offences punishable with imprisonment, a fine, or both are compoundable, and offences punishable with imprisonment and a fine are non-compoundable
 "Criminal offences in Companies Act to be slashed, govt mulls 65 changes")
Explained in 7 charts: Cause and magnitude of automobile slowdown
While auto parts exports have remained unchanged, car and two-wheeler exports have shrunk, suggesting that demand for completed vehicles is a bigger worry in global markets for Indian auto players
 "Explained in 7 charts: Cause and magnitude of automobile slowdown")
Centre increases oil and gas bidding round to three times a year
The overhauled oil and gas exploration licensing policy will be implemented from the 4th bid round
 "Centre increases oil and gas bidding round to three times a year")
Govt plans debt waiver for small distressed borrowers under insolvency law
Corporate Affairs Secretary Injeti Srinivas estimates the waiver will cost Rs 10,000 crore annually.
 "Govt plans debt waiver for small distressed borrowers under insolvency law")
150,000 bankers to discuss how to make India $5-trillion economy by 2024
To contain high bad loans in the MUDRA scheme, the managers suggested that a national portal be floated to verify the borrower and whether multiple lending has happened
 "150,000 bankers to discuss how to make India $5-trillion economy by 2024")
Making a case for fair treatment of Union Territories in Finance Commission
Call for fiscal autonomy to Union Territories with Assemblies may get louder with 'special status' to J&K in the Finance Commission, say experts
 "Making a case for fair treatment of Union Territories in Finance Commission")
CCI's Green channel for M&A deals: Implementation will be a tough climb
The 'Green Channel' would allow automatic approval for certain M&A agreements based on specified criteria and pre-filing consultation, the CCI had said in the notification
 "CCI's Green channel for M&A deals: Implementation will be a tough climb")
A mascot and comic strips: Western Railway packs a new witty look
A mascot, comic strips and social media handles mark the image overhaul of Western Railway, one of the country's busiest public transport systems
 "A mascot and comic strips: Western Railway packs a new witty look")
Govt speaking to banks about stimulus package for economy: SBI chairman
Large number of non-performing assets (NPA) in the farm sector a worry, says Rajnish Kumar.
 "Govt speaking to banks about stimulus package for economy: SBI chairman")
Chinese telecom firms 'unacceptable security risk' for India: RSS affiliate
Swadeshi Jagran Manch wants telecom equipment maker Huawei Technologies to be kept out of India's 5G plans.
 "Chinese telecom firms 'unacceptable security risk' for India: RSS affiliate")
SBI chairman pitches for stimulus, says credit demand remains subdued
Kumar was in Kolkata to attend the multi-level consultation programme with the branch managers of SBI in the region
 "SBI chairman pitches for stimulus, says credit demand remains subdued")
More than 4 lakh unsold apartments in 9 cites, estimates brokerage firm
PropTiger says the apartments in the affordable sector should be cleared quickly after govt raised income tax exemption limit.
 "More than 4 lakh unsold apartments in 9 cites, estimates brokerage firm")
Ensure equitable work, no monopoly under access coverage scheme: COAI
The Cellular Operators' Association of India (COAI) further highlighted that the scheme should be for compensation of cost and should not become a "profiteering scheme"
 "Ensure equitable work, no monopoly under access coverage scheme: COAI")
HRD ministry to launch programme to train over 4.2 mn teachers across India
Ray said around 19,000 teacher-training institutes across the country were mapped and put on Google Earth
 "HRD ministry to launch programme to train over 4.2 mn teachers across India")
How India's EV dream might be scuttling its natural-gas game plan
Bidders of CNG, CGD, PNG projects are left wondering if the electric vehicle policy would snuff out the viability of their natural gas-based projects
 "How India's EV dream might be scuttling its natural-gas game plan")
Modi holds talks with Bhutan PM Lotay Tshering, signs 10 MoUs on Day 1
The two countries signed 10 Memorandum of Understandings in the field of space research, aviation, IT, power and education
 "Modi holds talks with Bhutan PM Lotay Tshering, signs 10 MoUs on Day 1")
Will take concrete decision for timely payments to MSMEs: Nitin Gadkari
Promoting entrepreneurship was an important mission of the government, as without it we cannot become 5 trillion dollar economy, said Gadkari
 "Will take concrete decision for timely payments to MSMEs: Nitin Gadkari")