Page 766 - Economy & Policy News

Centre expected to introduce new income tax slabs in Budget 2023: Report

Currently, there are six slabs in the new personal income-tax regime, starting with the Rs 2.5-5 lakh income bracket taxed at 5 per cent

Rupee gains 20 paise to 81.50 against US currency in morning trade

The rupee rose by 20 paise to 81.50 against the US currency in morning trade on Wednesday following a weak dollar in the global markets

Prepare now, India's population won't be a demographic dividend forever

India's average age is still around 28, compared to 38 in China or 47 in Germany. But, as we have seen with China, those numbers can change more rapidly than expected

India's Rs 8,000-cr green bond debuts today, analysts see strong demand

The maiden tranche of sovereign green bonds is set to go to auction on Wednesday

Taxing times: Businesses face tax heat over deductions claimed for cess

CBDT tells I-T officials to nudge entities; move could help garner over Rs 5,000 cr

Work in progress to set up Coal-to-Methanol plants in country: Puri

Blending of 15 per cent methanol in gasoline can result in at least a 15 per cent reduction in the import of gasoline/crude oil

Agreements for investments wroth Rs 1,743 cr signed in UP's Lakhimpur Kheri

The investors and exporters meet was jointly organised by district industries department and the Kheri chapter of Indian Industries Association (IIA)

States' interest cost inches up as borrowing grows 8%: Icra Ratings

States have cumulatively raised Rs 5.12 trillion from the market, 6.7 per cent lower than what they did last year when it was Rs 5.46 trillion

FinMin meets private sector bankers, reviews progress of flagship schemes

Last week, Joshi met heads of public sector banks and urged them to achieve targets under various schemes for current financial year

Govt allows fertiliser entities to file bill of entries for urea imports

A bill of entry is a legal document filed by importers or customs clearance agents on or before the arrival of imported goods

Govt to hold separate consultation next month on PIB fact-check rules

MeitY last week released a modification to the draft Infor­mation Technology Rules, 2021

Draft IT rule changes will impact press: Indian Newspaper Society

The concerns in particular pertain to Clause 3(1)(b)(v)

GM mustard not developed as herbicide-tolerant, Centre tells SC

Top court says it is it is more concerned about the risk factors of GM Mustard

ITDC signs pact with Ministry of Ayush for promoting medical tourism

Under the Memorandum of Understanding, ITDC will explore establishing Ayurveda and yoga centres in hotels run by it

Govt procures paddy, wheat worth over Rs 2.5 trn in 2021-22: Food Ministry

Production of wheat and paddy has also risen since 2013-14

Centre to increase sugar export quota soon: Shah assures Maharashtra govt

"The Cooperation Minister had a positive approach and assured us that a favourable decision will be taken within a week," Shinde said

SC panel questions need to revive oil palm plantations in Andamans

The CEC also said oil palm plantation might lead to encroachment of forest lands in the islands group and asked why the production of palm oil could not be taken up on the mainland

Facing user complaints, DoT considers launching 5G service quality test

Coverage reaches nearly 200 cities; telcos say they're continuously assessing situation

Rupee sheds 33 paise on persistent dollar purchases by oil companies

So far this week, the domestic currency has shed 0.7% against the greenback, making it among the weakest performing Asian units over the past few days

Total toll collection via FASTag grows 46% to Rs 50,855 cr in 2022: NHAI

The number of FASTag transactions in 2021 and 2022 was 219 crore and 324 crore, respectively