Page 2760 - Economy & Policy News

Direct tax collection grows 19.3% to Rs 6.95 trn in Apr-Jan 2017-18

The net collections for Corporate Income Tax showed a growth of 19.2% and for Personal Income Tax at 18.6%

Budget's MSP proposal to bring cheer to four million jute farmers

Even by conservative estimates, the MSP of raw jute could touch Rs 45000 per tonne. The pricing estimate is after taking into account all operational costs, inputs and family labour

States rush to prepare lapsing blocks for auctions after new MCDR rules

The Odisha government has shown readiness to auction the lapsing mineral blocks

Employable population up from 33% to 45% in five years: India Skills Report

However, there has been a significant drop in hiring amongst students from MBA courses

Modi's poll-winning formula: Take Budget 2018's welfare schemes to masses

PM Modi also asked BJP MPs to hold meetings at booths to take various welfare schemes announced in the Budget to the people

To auction, or not to auction? Target is 60 GW from renewable wind energy

The switch to an auction-based allocation of wind capacity from a feed-in tariff system has been done by the policymakers to encourage more competition and better price discovery

Deposited 'large amount of cash' during note ban? File ITR by March 31

The department said it was the final call for filing of belated or revised ITRs for assessment years 2016-17 and 2017-18

States may face tough times as Modicare to cost them Rs 43.3 bn per year

The scheme was announced by Finance Minister Arun Jaitley during his Budget 2018 speech and has come under fire from the Opposition, with Congress leader P Chidambaram calling it a 'jumla'

Housing for all: Modi govt clears construction of 186,777 affordable houses

The total investment outlay for this project is Rs 111.69 billion with central assistance of Rs 27.97 billion

Doubling farm income possible with processed exports, hitch is in quality

Dual challenge of a reluctant buyer of high-priced products in domestic markets, while global markets have stringent quality norms farm goods often aren't able to meet

Modi to solidify India's economic footprint in West Asia in 3-nation tour

This will be his fifth visit to the Gulf and the West Asian region since 2015

India's oil hunger to double despite its electric car ambitions

India sold more than 17.5 million scooters and motorcycles in the year ended March 31 and annual sales have grown about seven percent in three of the last four years

Rule of law must: Trump, Modi discuss Maldives crisis on phone

Maldives plunged into a political chaos last week when the apex court ordered the release of nine imprisoned opposition politicians

Companies feeling puzzled as states proceed with old, new way bills

With the postponement of the centralised e-way bill system through the GST Network, states are bringing back their old systems

We bite the bullet on difficult decisions: FM Jaitley on LTCG tax

The FM's reply to a general debate on the Budget for 2018-19 saw heated exchanges between the treasury benches and the Opposition, particularly the Congress

Commerce ministry mulls higher 5% rate for interest equalisation scheme

Cost of export incentives could go up to Rs 1 trillion

Rail IPOs to help meet Rs 1-trillion revised disinvestment target

The RITES IPO could involve a 12 per cent stake of the Centre, while in the case of IRFC, 10 per cent could be offloaded

Odisha's penalty collection touches Rs 112 bn from mining operators

Apart from working mines, some 30-odd leases, which were already inoperative at the time of the SC order have also done the payments

Budget 2018: Govt mulls comprehensive policy for refined pure gold export

The Budget has mentioned the setting up of a comprehensive Gold Policy

India's renewable energy project tendering to be an all-time high in FY18

With the govt tendering close to 6,650 Mw of renewable energy projects in February alone, the total projects offered during 2017-18 will exceed a combined 10,000 Mw capacity