Page 2320 - Economy & Policy News

RBI governor calls for more consistency among finance commissions

He also called for a 'permanent status to finance commissions' where the old commission continues to implement schemes till the next commission starts functioning

Bengaluru, Chennai, Delhi among world's cheapest cities to live in: Report

Paris, Singapore, Hong Kong are the costliest ones

State-owned oil companies move poll panel to allot 31,800 new fuel outlets

Ahead of announcement of poll schedule on March 11, the companies had already initiated the process by issuing LoIs to successful bidders for 2,579 locations on February 21

Arun Jaitley spars with economists who doubted official data's credibility

Jaitley says 70% of these 'so-called' economists are compulsive contrarians

CERC asks Gridco to refund Rs 360 cr to NTPC; Gridco says order unilateral

NTPC feels Gridco has wrongfully adjusted Rs 360 crore from its running bills post the ATE judgement

Trade deficit touches $165 billion, highest since FY13

A report by CARE Ratings shows that the gap between exports and imports is the highest since 2012-13 when it peaked to $190 billion

Economists raise concerns over economic slowdown with RBI Governor

Shaktikanta Das met more than a dozen economists to get their views on the economy ahead of the Monetary Policy Committee meeting on April 4.

GST Council approves transition plan for new tax rates for real estate

Reasonable time for transition will be given to developers in consultation with states, he told reporters here.

Govt asks banks to save Jet Airways from bankruptcy ahead of polls: Report

India is gearing up for Lok Sabha Elections starting April 11

BS Podcast: Is a slowdown coming?

How's the Indian growth story looking? What really is happening? Lets examine some key parameters in this podcast.

MRF can avail input tax credit only for invoice value: Tamil Nadu authority

MRF approached the ARA to check if it legally could avail of the input tax credit on the entire GST charged on the supply of invoice

Housing GST rule must be changed, says West Bengal FM Amit Mitra

The GST Council meeting slated for Tuesday will take up the issue of finalising the rules and procedures to implement the decisions of the last Council on real estate

131 CAs reject allegations of political interference in data estimation

The list of 131 CAs termed the concerns raised by the 108 economists as "baseless allegations with political motivations"

Govt faces direct tax mop-up shortfall, collects Rs 4 trn as advance tax

RS 4 trillion collected in advance tax; SBI, ONGC, PNB top the list

Centre extends soft loan window by 4 weeks for beleaguered sugar mills

Banks to consider soft loan application of sugar mills that would have cleared by March 26 at least 25% of sugarcane payables as on February 28

NSSO employment data to be released by month-end, says official

There has been a controversy over NSSO figures not being released after a draft report had indicated that employment generation was slow

GST Council may discuss new rate structure on under-construction houses

GST Council will work out a formula that will clarify the extent to which a developer can avail the input-tax credit

India can't attain 9-10% GDP growth without revolution in farm sector: Kant

Kant also stressed on scrapping Agriculture Produce Marketing Committee and some old laws like the Essential Commodities Act, which restrict movement of farm produces

FAME-II: Govt sets up panel for monitoring, sanctioning of projects

The Rs 10,000-crore programme under the second phase of the FAME India scheme will be implemented over a period of three years with effect from April 1, 2019

GST Council to consider implementation of lower tax rates for realty sector

The council is expected to give its nod on new rules on how far builders can make use of credit for taxes paid on raw materials