Page 2699 - Economy & Policy News

Population policy: 15th Finance Commission mired in controversy

Southern states allege that the shift will work against the states that have worked towards population control

US adds India to currency watch list, demands reforms to address surpluses

While no major trading partner was found to be manipulating its currency, five of those on the list meet two of the three criteria

Govt in no mood to compromise with sugar mills over farmers' dues: Paswan

The food minister said from doubling import duty to fixing a quota on the extent of sugar the mills can sell in open market, govt has tried it all

Corporate Ministry's incorporation certificate proof of PAN/TAN: I-T dept

The Certificate of Incorporation issued by MCA contains a mention of both PAN and TAN

E-way Bill: Tax authorities specify procedure for interception of goods

The circular said field officers may intercept any conveyance for verification of documents and/or inspection of goods

Reclassification helps govt rein in fiscal deficit to 3.4% of GDP in FY18

The total non-tax revenue for 2017-18 was already revised downwards to Rs 2.36 trillion from Rs 2.9 trillion

Will raising minimum support price necessarily lead to higher inflation?

High MSPs could raise food prices, fear experts; some analysts say there will be marginal, crop-intensive impact

CBDT to modify advance ruling forms for transparency in cross-border deals

The decision is to bring greater transparency in cross-national transactions

IOC to distribute over 655,000 LPG connections to BPL families in northeast

Under this initiative, the government will give the deposit money on behalf of the beneficiaries

Ujjwala Yojana: Dharmendra Pradhan launches LPG scheme for BPL in Telangana

Pradhan also said by the next year-end, over 2 million new gas connections will be provided in the state

Odisha's policy for defence manufacturing may come out in next three months

Odisha already has in place an ecosystem to facilitate the growth of aerospace and defence sectors in the state

Government eases norms for obtaining PAN/TAN card for corporate assessees

An application for incorporation, allotment of PAN and allotment of TAN may be made through a common application form submitted to the MCA

Land requirement pegged at 19,200 acres to develop Phase-I of Odisha CEZ

Odisha has already proposed for the development of CEZ straddling an area of 27 sq kms in Paradeep and Dhamra

Modi in C'garh: India's first health center under Ayushman Bharat launched

This was the prime minister's fourth visit to Chhattisgarh, where assembly elections are due later the year

PM Modi's 'Make in India' will not work unless there is a strategic plan

The Make in India Manufacturing Strategic Plan should be crafted by an independent commission comprised of a representative cross-section of business

As Chabahar corridor gets built, doubts pile up about project

Behind the emerging problems with Chabahar lie growing apprehensions that the ambitious project may not be able to deliver on its promise

EPFO users may get an option to increase or decrease investments in ETFs

It approved a plan to create a reserve fund for its equity investments to shield subscribers from market volatility

E-way bills hit truck dispatches; inter-state movement down 15%

Truckers are neutralising this fall in dispatches through higher loading of agricultural produce, with early harvesting in this rabi season

Firms set for rate change hiccups; stable corporate yields a positive

Yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now

March exports decline 0.66% to $29.11 bn; trade deficit widens to $13.69 bn

For full financial year, deficit stood at $156.83 bn, up from $108.50 bn in 2016-17, mainly due to rise in oil import bill