Page 2598 - Economy & Policy News

Four years of Modi government: Riding on GST, insolvency law

While glitches attended its roll-out and the tax is not as simple as originally planned, many hope the GST Council will stabilise the tax and improve the tax-GDP ratio

Mission 2019: Modi to lay foundation of projects worth Rs 1 trillion in UP

The prominent ones among the mega infra projects, whose foundation is likely to be laid by Modi, include Defence Corridor, Purvanchal Expressway and Jewar International Airport

Here's how RBI rate hike upsets Modi's election year budget maths

The government's spending plans have already been threatened by setbacks to flagship reforms

With eye on 2019 polls, Modi govt allows CSCs to offer banking services

Highlighting the importance of CSCs in the NDA government's scheme of things, Modi is set to address the VLEs on June 15 to deliberate on Digital India

GST: Gujarat cloth sellers down shutters in protest, demand tax exemption

Shops that remained open didn't see any business as they weren't allotted a GST number

I-T to examine poll candidates' finances ahead of state, general elections

Until now, the CBDT, according to its arrangement with the EC, only scrutinised cases that were being referred to it by the EC, from now on, it will look into the financial details of all candidates

BJP and Opposition battle it out for the affections of the rural voter

Hiking paddy MSP by almost Rs 200 per quintal, as against Rs 80 per quintal last year, is of electoral value in major parts of eastern India

Farm loan waivers in India to touch $40 bn by 2019 elections: Report

The report further noted that farm loan waivers, along with minimum support price (MSP) hikes, will support rural demand at a time of stress

Govt exhausts deposits; expenditure would be on rise before elections

Government exhausts deposits; experts say expenditure would be on the rise before elections

GST rate cuts will lower India's tax collection by Rs 150 billion a year

The estimated loss in revenues comes at a time when India needs to keep its budget deficit in check as Modi prepares to ramp up spending on welfare programs

The humble 'chana' may decide BJP's political fate in three states it rules

In Madhya Pradesh, the country's biggest chana producing state, production this year is estimated to be almost 5.4 mn tonnes

7th pay commission: Mizo govt intends to implement salary hike in 2018-19

Mizoram finance minister Lalsawta said waiting for the recommendation of a committee to study the seventh pay commission which was yet to submit its report

States plough on under yoke of farm loan waivers; farmers plan agitation

Rajasthan has been the slowest in processing farm loan waivers; out of allocated Rs 20 billion, the state is yet to process any claim

GST slabs can be reduced to three from five but will take time: Sushil Modi

Sushil Modi said that after implementation of GST, initially it was to ensure that there should be no revenue loss and then rate on many items were gradually reduced with stabilisation of revenue

Industry hails GST rate cuts, decision to allow quarterly filing of returns

CAIT said the single page return form to be filed quarterly for traders having turnover up to Rs 50 million is a bold step which will ease miseries of traders

Govt on track to meet goal of spending 2.5% of GDP on public health by 2025

Under the govt of PM Narendra Modi, public-health spending by the union health ministry rose 9.4 per cent in 2015-16, 16.5 per cent in 2016-17 and 36.3 per cent in 2017-18 in nominal terms

Two steps back: Why govt's withdrawal of FRDI bill is a missed opportunity

What the Bankruptcy Code passed last year does for companies, the FRDI bill would have done for banks

GST Council's rush job angers some FMs of Opposition-ruled states

They called the process "undemocratic, unpleasant, unfortunate and non-egalitarian"

Centre plans to use MGNREGA more effectively in post-harvest works

Won't lead to subsiding private farm labour, say officials

Power Ministry and private units in a bind over coal supply shortage

Import curb might go for thermal power units, as quantity offered dips and price surges, triggering complaints