Page 2277 - Economy & Policy News

Retail customers can save big on forex costs soon, thanks to the RBI

For now, the facility will be available only for dollars, but more currencies will be introduced later

Switzerland steps up sharing banking info; 11 Indians get notices in a day

Switzerland has since March sent at least 25 notices to Indian clients of its banks.

Statsguru: From disruption to saturation, where is telecom sector headed?

A look at a broader time frame shows that mobile users were growing healthily till 2017, with the exception of 2013

Modi govt needs to review manufacturing, private sector investment

The main task before the next government must be to revive the economy. Modi campaigned on the issue of national security, which cannot be ensured without a strong economy

Top on agenda: Easing E&P norms, getting petro products under GST

The new government may also introduce a separate scheme for revival of stranded gas-based power projects

Modi govt's finance sector goals: Towards less cash and policy clarity

Bullish about the success of its 'Digital India' initiative, the government has already charted its Vision 2022 master plan

NITI Aayog comes up with new policy to ensure MSP, tackle farm distress

NITI Aayog has been working on an action plan to relieve rural distress and energise the agricultural sector

Modi's infrastructure blueprint: Investment push through key projects

Getting private sector back in a big way would be the topmost priority since the government has a limited fiscal headroom

Land reforms, tax reduction: How Modi govt plans to spur economic growth

A raft of measures is being readied, including cutting land, labour and capital costs

Let's get serious about new tax code, put economics ahead of politics

The Direct Tax Code is expected to contain a single legislation and replace frameworks like the Income Tax Act, Wealth Tax Act.

IBC: Introduce pre-packs, group insolvency to facilitate speedy resolutions

In the coming months, we are hopeful of a few more cracks in the framework being filled

Tightening the GST net: Time to expand base, streamline flow of credit

The government should issue clear guidelines to determine the cases where the supplier has profiteered due to the reduction in output tax

Indians top investors in Dubai's gold sector among 10 nationalities: Report

The report includes statistics on the number of companies operating in Dubai, the activities of the gold market sector and the distribution of the companies across emirates

Task force on direct tax laws gets two more months to submit report

The finance ministry had appointed the second task force under Ranjan after there were disagreements among members

Statistical system needs to be revamped to get real-time data: NITI Aayog

NITI Aayog, Rajiv Kumar says, is in touch with the World Bank for modernising the country's statistical system

COAI suggests slashing levies, reviewing reserve prices ahead of 5G rollout

COAI recommended that the new government should slash levies to an ideal 4-5 %

Boost for start-ups: Govt mulls reducing compliance time to just 1 hr/month

'Monthly compliance for start-ups needs to be reduced to one hour per month so that they can concentrate on their core work,' an official added

India's coal import rises 13% to 21 million tonnes in April

Coal and coke imports during 2018-19 increased by 9.66 per cent to 235.35 MT as compared to 214.61 MT imported in FY2017-18, latest mjunction data showed

Single authority for sanctioning, processing GST refunds likely by August

The current mechanism entails a twin refund sanctioning authority of the central and state tax officers

Second phase of gold reforms on govt's priority list, revamped GMS on cards

The government is also considering making gold as an asset class, a source said