Page 2221 - Economy & Policy News

High indirect taxes are hurting exports, Make in India initiative: Experts

Exports of goods and services accounted for just 6.9 per cent of India's GDP in 1990-91 and they grew by record high of 25.4 per cent in FY14

Tamil Nadu will become first state to manufacture electric cars: Minister

State plans to attract companies that are moving out from China owing to the US-China trade war.

Railways directs ICF to scrap all ongoing tenders for making Train 18 rakes

The primary reason behind this move is to provide a level-playing field to all suppliers in the making of the flagship train

India-US trade talks to restart Friday; compromise on tariffs likely

Trump and Modi met in Osaka on the sidelines of a G20 summit in June where they agreed to build ties between the two countries and sort out thorny trade issues

Investors may find it hard to dodge India's plan to tax the super rich

The government has maintained that it is not specifically targeting overseas investors and that the increase in surcharge applies to individuals and entities

Draft tenancy law: Cap on security deposit, fine on overstaying tenant

Tenants who overstay in premises beyond their agreement would end up paying two times the rent for the first two months and four times afterwards

Finance ministry may look into tax regime of employee stock ownership plan

The heart of the matter here is that whether stock options should be taxed only when the employee sells them and not again at time of vesting

Every number in Budget is authentic, says Finance Minister Sitharaman

Data given in the Budget is 100% above board, Sitharaman said

PAN not linked to Aadhaar card will become invalid from September

Those who cite an Aadhaar number, which is not already linked to a PAN number, for tax returns and other specified transactions after September 1, will get a fresh one from the Income Tax Department.

No question of rolling back surcharge on FPI trusts, says Finance Ministry

According to reports, about 2,000 FPIs operate as trusts

Govt task force to draw up $110-bn mobile export business blueprint

Nearly 60% of the market is made up of exports by the companies

Services trade: Centre preparing database to strengthen the sector

The government had unveiled big plans for the services sector last year

Former CEA Arvind Subramanian defends stance on GDP overestimation

The former CEA said that India had sustained high growth rate after 2011

Cabinet approves bill to help tackle unregulated deposit schemes

The bill will replace the Banning of Unregulated Deposit Schemes Ordinance, 2019

Cabinet approves bill to merge 13 central labour laws into single code

The proposed Code on Occupational Safety, Health and Working Conditions Bill, 2019, would enhance the coverage of workers manifold, an official release said

PM Gram Sadak Yojana gets Cabinet Committee go-ahead at Rs 80,250 cr

Under the PMGSY-III Scheme, it is proposed to consolidate 125,000 km road length in the states

NHAI in talks with NIIF to fund proposed Amritsar to Jamnagar highway

The proposed Delhi-Mumbai expressway would also be connected to the industrial city of Indore and an arm of the erstwhile Golden Quadrilateral

Congress govt's Budget in MP to spend Rs 132 crore on 1000 cow shelters

Kamal Nath government's first Budget announces new 'Land Pooling Policy' for industries.

Trade dispute India's top agenda during US officials visit to New Delhi

Officials said the basic contours of the package must be renegotiated as experts had said the earlier terms were favourable to the US without helping India

PMO calls for freezing of shell firms' bank accounts within two weeks

Finance Secretary S C Garg will chair a meeting on Thursday