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Page 2442 - Economy & Policy News

CBDT allows tax officials to widen scope of certain limited scrutiny cases

It also asked officers to 'invariably pick up such cases' for review and inspection so that the taxpayer is not harassed and no roving or fishing enquiry takes place against them

CBDT allows tax officials to widen scope of certain limited scrutiny cases
Updated On : 29 Nov 2018 | 5:14 PM IST

Q2 GDP growth likely fell to 7.4%; slowdown may stay till elections: Poll

Some economists expect economic growth could slow to around 7 per cent in the second half of the current fiscal year

Q2 GDP growth likely fell to 7.4%; slowdown may stay till elections: Poll
Updated On : 29 Nov 2018 | 4:21 PM IST

India needs more reforms to breach 8% growth ceiling: NITI Aayog VC

Kumar said that the former Finance Minister P Chidambaram has done great disfavour to officers of CSO by criticising back-series GDP data

India needs more reforms to breach 8% growth ceiling: NITI Aayog VC
Updated On : 29 Nov 2018 | 4:05 PM IST

NITI Aayog under fire for holding press conference on revised GDP data

A top source in the government said the controversy could have been avoided by keeping out the NITI Aayog from the announcement press conference

NITI Aayog under fire for holding press conference on revised GDP data
Updated On : 29 Nov 2018 | 3:49 PM IST

GDP revision: Quarreling about the past is New Delhi's favourite pastime

Exciting new GDP variables: Under which ruling party did the growth happen...and under which party was it measured?

GDP revision: Quarreling about the past is New Delhi's favourite pastime
Updated On : 29 Nov 2018 | 1:56 PM IST

TNRERA mandates real estate firms to include registration number in ads

The aurhority has said Tamil Nadu RERA website address to be mentioned and no disclaimer clause should be mentioned as the information is subject to change

TNRERA mandates real estate firms to include registration number in ads
Updated On : 29 Nov 2018 | 1:45 PM IST

FM defends revised GDP numbers for UPA era, Cong calls it a 'hatchet job'

FM Jaitley said CSO, which came out with the revised numbers, was a credible organisation and maintains arm's length distance from the finance ministry.

FM defends revised GDP numbers for UPA era, Cong calls it a 'hatchet job'
Updated On : 29 Nov 2018 | 1:19 PM IST

Finance Commission to take innovative approach to develop Nagaland: Singh

Nagaland government has also requested for setting up of national institutes, particularly management, medical and engineering college

Finance Commission to take innovative approach to develop Nagaland: Singh
Updated On : 29 Nov 2018 | 11:35 AM IST

Kisan march: 100,000 farmers begin walk in Delhi to highlight farm distress

During the two-day Kisan Mukti March in the national capital, farmers will demand better minimum support prices and farm loan waivers

Kisan march: 100,000 farmers begin walk in Delhi to highlight farm distress
Updated On : 29 Nov 2018 | 11:33 AM IST

NDA govt to buy 18 Shinkansen bullet trains from Japan for Rs 70 bn: Report

The Shinkansen bullet train system is the world's first system for high-speed trains running up to 320 kilometre per hour.

NDA govt to buy 18 Shinkansen bullet trains from Japan for Rs 70 bn: Report
Updated On : 29 Nov 2018 | 11:08 AM IST

Japanese experts to help Indian architects develop 12 bullet train stations

The bullet trains are expected to run at 350 km per hour covering the 508 km stretch in about two hours

Japanese experts to help Indian architects develop 12 bullet train stations
Updated On : 29 Nov 2018 | 11:08 AM IST

Under Modi's crop insurance scheme, farmers owed a whopping Rs 28 billion

PMFBY guidelines require that the claims be settled within two months of harvest

Under Modi's crop insurance scheme, farmers owed a whopping Rs 28 billion
Updated On : 29 Nov 2018 | 9:59 AM IST

Demonetisation a draconian shock that hurt GDP growth: Arvind Subramanian

Growth had been slowing even before, but after demonetisation, the slide accelerated, the former CEA says

Demonetisation a draconian shock that hurt GDP growth: Arvind Subramanian
Updated On : 29 Nov 2018 | 9:28 AM IST

Liquidity crunch keeping outlook for world's fastest-growing economy muted

The measure, compiled by Bloomberg News, reflects a sharp drop in a liquidity indicator, a sign of tight financial conditions, as well as slowing growth in infrastructure industries

Liquidity crunch keeping outlook for world's fastest-growing economy muted
Updated On : 29 Nov 2018 | 9:03 AM IST

Govt moves to empower RoC, but will it lead to demand for more manpower?

Govt recently brought in an Ordinance to amend Companies Act, 2013, with the objective of de-clogging the NCLT and empowering the Registrar of Companies and regional directors with additional powers

Govt moves to empower RoC, but will it lead to demand for more manpower?
Updated On : 29 Nov 2018 | 7:56 AM IST

Seeds of farm distress in Rajasthan, MP take root in failed promises

Farmers, both in Rajasthan and MP, appreciated some of the schemes by the respective state governments, but felt the governments should have done more

Seeds of farm distress in Rajasthan, MP take root in failed promises
Updated On : 29 Nov 2018 | 6:29 AM IST

Govt releases GDP back-series data, slashes growth rate during UPA era

This is contrary to the upward revision in previous years that the report prepared by a committee of the National Statistical Commission had demonstrated

Govt releases GDP back-series data, slashes growth rate during UPA era
Updated On : 29 Nov 2018 | 1:40 AM IST

MPC to continue to wait & watch

The MPC is likely to stay on hold when it announces its policy decision next week

MPC to continue to wait & watch
Updated On : 29 Nov 2018 | 1:29 AM IST

Modi, Xi may team up at G20 meeting to fight protectionism, oil volatility

Trade, oil prices, food security norms and tax fugitives also on PM's mind

Modi, Xi may team up at G20 meeting to fight protectionism, oil volatility
Updated On : 29 Nov 2018 | 1:15 AM IST

Govt cuts GDP growth data during UPA regime, says 'nothing misleading'

According to data released by the Central Statistics Office, the economy in 2010-11 grew by 8.5% and not 10.3% estimated earlier.

Govt cuts GDP growth data during UPA regime, says 'nothing misleading'
Updated On : 28 Nov 2018 | 11:56 PM IST