As India celebrates its 69th Republic Day today, what is the state of the republic? The conversation is about when its growth story will come
Month: January 2018
GST filing made easier with ‘GSTmadeeasy’ – The Economic Times–27.01.2018—-*****
With an aim to support the government’s GST initiative and to make every Indian SMEs/MSMEs GST compliant, a revolutionary easy to use, need of the
The Insolvency and Bankruptcy Code: The journey so far – Livemint–27.01.2018
The Insolvency and Bankruptcy Code has now been in force for more than a year and given its ambitious objectives and impact, it continues to
False income tax refund claims could attract these penalties – The Economic Times–26.01.2018
Fraudulently claiming tax refunds by misreporting income or showing false losses which reduce taxable income can attract heavy penalties. Section 270 of the Income Tax
NSIC inks pact with Malaysia’s SME Corporation – The Economic Times–26.01.2018
National Small Industries Corporation (NSIC) on Thursday signed an MoU with SME Corporation Malaysia for exchange of information and cooperation in areas like policies to
GST Collection: Government collects only Rs 335 cr under GST Composition scheme in one quarter–26.01.2018
Jaitley had added that in fact most of the people who have opted for composition are below Rs 20 lakh in turnover and it seems
Businesses, govt gear up for E-Way Bill | Business Line–26.01.2018
With less than a week to go for the E-Way Bill to become a mandatory requirement under the Goods and Services Tax for transport of
Facing the slowdown | The Indian Express–26.01.2018—–*****
The big worry for India has to do with jobs and inequality. The Indian government recently lowered its economic growth forecast for 2017-18 to 6.5
Aadhaar empowers the people, not the State | Hindustan Times–26.01.2018
Aadhaar is the most-trusted and widely held unique identification system available in India today. It empowers 119 crore Indians with a credible identity and inspires
|महागाईच्या वणव्याकडे? – अग्रलेख –महाराष्ट्र टाइम्स –२६.०१.२०१८
पेट्रोल आणि डिझेलच्या दररोज वाढत चाललेल्या दरांनी आतापर्यंतचा उच्चांक गाठल्यानंतर त्याच्या संभाव्य परिणामांची चर्चा सुरू झाली आहे. देशातील पेट्रोल आणि डिझेलचे भाव केवळ आर्थिक कक्षेपुरते
Is Indian economy being run by a very small set of people, worries Raghuram Rajan – The Economic Times–25.01.2018—–*****
Crude is a headwind for India. The global growth impact is a minor relative to the direct effect of crude on India. I worry that
Budget 2018: Why fiscal deficit is such a demon for Jaitley as he writes his Budget – The Economic Times–25.01.2018
By Aurobindo Das & Nishant Kumar Come Budget, and any talk about the fiscal deficit number tends to get touchy. So much so that you
bank recapitalisation: Your money is safe with us, says govt as it spells out new banking roadmap – The Economic Times–25.01.2018
The government today said it will infuse an unprecedented Rs 88,139 crore capital in 20 public sector banks (PSBs) before March 31 to boost lending
Welcome move to recapitalise banks–Economic Times–25.01.2018
It is welcome that the government is finally moving fast on recapitalising and reforming the public sector banks. According to the RBI’s Financial Stability Report
Raghuram Rajan endorses GST, but here’s what he says must not be done – The Financial Express–25.01.2018
Raghuram Rajan, the former governor of the Reserve Bank of India, has bet big on the Goods and Services Tax (GST) implemented in July last year,
Who is paying for Jan Dhan? Govt has to pay for NPAs in this, and priority sector – The Financial Express–25.01.2018
The Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme has, no doubt, allowed millions of households to access banking facilities, and it helped that it provided
India’s growth slowdown mostly due to demonetisation: Raghuram Rajan at WEF | Business Standard News–25.01.2018
Former RBI Governor Raghuram Rajan feels a substantial part of the growth slowdown in India was because of the after-effects of the demonetisation decision of
GST’s noise in fiscal numbers – Livemint–25.01.2018
That the central government’s fiscal deficit touched 112% of the full year’s budget by November has raised a lot of concerns—particularly in the bonds market.
Why not zero-rate exports? – Livemint–25.01.2018
India’s merchandise exports grew at 12% per annum for the period April to December in this fiscal year. This is a decent pace considering that
Fiscal consolidation is likely to continue – Livemint–25.01.2018
The financial year (FY) 2019 Union budget, to be announced on 1 February, is going to be critical for various reasons. It will be the