Page 2689 - Economy & Policy News

Govt protests US plan to end work permits for spouses of Indian workers

According to a report by FWD.us, an immigration reform advocacy group, the move could hit up to 80,000 individuals

AAR judgments under GST regime in but no appeal mechanism set up

An AAR is a mechanism under law to provide certainty and transparency to a taxpayer with respect to an issue which might cause a dispute with the tax administration

Deloitte optimistic on India's growth but cautions on inflation

Deloitte said the manufacturing sector remained robust, rising 8.6% on a three-month moving average in Feb, against 9.1% in Jan

Mumbai realtors may switch from residential to commercial projects

In the suburbs, the FSI was increased from 2 to 2.5 for residential properties and from 2.5 to five for commercial properties

3.5 million jobs created between September and February, says NITI Aayog

'Hopefully, this would also end the debate regarding and criticisms about jobless growth in the economy,' said NITI Aayog

UP govt to restore industrial glory of Kanpur by reviving textile mills

Defunct textile mills of 'Manchester of the East' to be revived

India to grow 7.2% this fisc, rising oil prices challenge: Deloitte

The Indian economy grew 6.6 per cent in the last fiscal as it battled the lingering effects of demonetisation in 2016

Key to biz success in India: Bridging gap between opportunity & challenges

With rising incomes, immense growth opportunities will emerge in the coming decades across telecom, aviation and other such infrastructure sectors

Railways to take seniors' 'Give it up' scheme on fare sops to all 53 groups

The idea, the official said, is to create awareness and encourage more people to give up the concession on fares

India will network with Asia's major oil buyers for better sellers: Pradhan

'I see bigger co-operation between four bigger economies of Asia... India will try to create a network between these four economies,' he said

Mumbai frees up 3,355 hectares of land to build 10 Bandra-Kurla complexes

Mumbai development plan has increased the floor space index (FSI), or the extent of construction allowed on a piece of land, for both commercial and residential buildings

Empowering rural local bodies: Fully in letter, partially in spirit

The amendments and Acts gave them taxation powers and powers to finance basic services that the populace needed

Bank credit grows 12% to Rs 85 trillion in fortnight ended April 13: RBI

In the previous fortnight ended March 30, 2018, banks loans grew by 10.32% to Rs 86.5 trillion

SAT quashes monetary penalty of Rs 860 mn by Sebi on DLF, top officials

Sebi had said DLF suppressed the material information in the prospectus it had issued before its public issue in 2007

With 1.57 bn accounts, 80% Indians save outside banks: World Bank

The increase in the number of bank accounts bodes well for the financial system as the dependence on informal and unorganised players reduces for both savings as well as credit

Videocon loan case: I-T dept issues fresh notice to Deepak Kochhar

The taxman is now studying the nature of activities of NuPower Renewables between 2010-11 and 2015-16

Jaitley to chair GST Council on May 4, simplifying return form on agenda

The 27th GST Council meet will also mull over the proposal of converting GSTN into a government company

Changing GST rules, pending refunds continue to hamper SEZ exports

Combined exports from SEZs were Rs 5.5 trillion in 2017-18, from nearly Rs 4.7 trillion in 2016-17

EPFO to inform members about contributions not deposited by firms

According to the statement, the EPFO has so far been intimating its members by way of SMS on credit of their respective monthly contribution into their accounts

3.11 million jobs added in 6 months, first EPFO payroll count shows

The payroll count is essentially the difference between the number of workers who joined and exited from the EPFO's fold and as such is the net addition to jobs