The bad news about Budget 2018 is not that the Sensex tanked 800 points on Friday. That was only a symptom, an expected reaction to
Month: February 2018
Higher MSPs for farmers won’t accelerate inflation: analysts – The Hindu
The announcement of a Minimum Support Price (MSP) of 1.5 times the farmer’s cost will likely not have a strong upward impact on overall inflation
Budget 2018: Why GST woes of exporters must be tackled urgently to improve trade – The Financial Express–04.02.2018
India’s trade scenario remains uncertain, especially because its export growth has been far lower than expected. In the past, the sluggish global economy had proved
Shekhar Gupta: India’s middle of nowhere class | Business Standard Column–04.02.2018
Since Casablanca’s cult transcends generations, you could easily use one of its immortal lines to describe what the NDA government’s last Budget has done to
E-way bill mess: Goods stop on tracks, transporters wary of field officers | Business Standard News–04.02.2018
The e-way bill of the goods and services tax (GST) might have been put on the backburner after initial hiccups, but transporters in Gujarat are
Let’s applaud Modi for the health scheme–Deccan Chronicle–04.02.2018
The Union Budget presented on February 1 had some fascinating and unexpected aspects. First was the lack of defence spending, which upset our strategic experts.
Sunday Interview: The Budget is not based on crazy assumptions, but on realistic ones–Deccan Chronicle–04.02.2018
Dharmakirti Joshi, chief economist at Crisil, the Indian arm of one of the world’s biggest rating agency Standard & Poor’s, talks to Pawan Bali about the various
State of the Union: Modicare is a fine idea, but where’s the money?–Deccan Chronicle–04.02.2018
On February 1, 2018, the finance minister during his Budget speech declared, “I am pleased to announce two major initiatives as part of ‘Ayushman Bharat’…
A more taxing and less spending budget–Deccan Chronicle–04.02.2018
Rupa Rege Nitsure Against the backdrop of India achieving the lowest growth in the past five years in 2017-18 (FY18) and posting a sustained fall
Budget 2018-19: Big announcements, but little or nothing to spur growth–Business Today–04.02.2018
This government’s last full year budget was entirely predictable in parts. But it also threw up a couple of surprises. First, the predictable parts. Finance
How to minimise cost of healthcare: Align incentives of payer, provider and patient–Economic Times–03.02.2018
The Budget has announced an ambitious, state-funded healthcare scheme that would take care of hospitalisation expenses up to a limit of Rs 5 lakh per
Finance Ministry asks GSTN to come out with foolproof e-way bill system – The Financial Express–03.02.2018
The finance ministry has sought a report from GSTN, the IT-backbone provider for GST, on glitches in the system that derailed the anti-tax evasion electronic
Budget 2018: Modi govt uses Finance Bill to extract spending room till 2024 | Business Standard News–03.02.2018
The Narendra Modi-led government is using the Finance Bill 2018 to insert provisions in the Fiscal Responsibility and Budget Management (FRBM) Act, in a move
Budget 2018: Important measures required to return to fiscal reforms path | Business Standard Column–03.02.2018
The government has not been able to adhere to its fiscal deficit targets for 2017-18. This was not unexpected. The bond markets had factored in
Budget 2018: Arithmetic is reasonable, fiscal deficit numbers honest | Business Standard Column–03.02.2018
The finance minister has presented a very workmanlike Budget which does not really break any new ground or deliver anything radical. However, neither does it
Budget 2018: Revenue department failed to rationalise duty rates | Business Standard Column–03.02.2018
The Budget of 2018-19 had given ample opportunity to the Department of Revenue, Ministry of Finance to rationalise the customs duty structure because the other
Brief case: Arbitration law, cancelling trademark, gratuity, and more | Business Standard Column–03.02.2018
Supreme Court suggests change in arbitration law The Supreme Court last week suggested an amendment to the Arbitration and Conciliation Act to avoid unnecessary delay
Budget 2018: Corporate tax cut for MSMEs to create jobs | Business Standard News–03.02.2018
Partnership firms and limited liability partnerships (LLPs) will be put at a disadvantageous position by Finance Minister Arun Jaitley’s Budget announcement to cut corporation tax
Committed to bank consolidation and privatisation of IDBI bank: Jaitley | Business Standard News–03.02.2018
Finance minister Arun Jaitley on Friday said the government was committed towards consolidation of banks and privatisation of IDBI Bank. “I stand by both these
Will try to convince rating agencies on fiscal consolidation: Fin Min | Business Standard News–03.02.2018
The finance ministry said on Friday it will try to convince rating agencies on India’s commitment to fiscal consolidation, within hours of Fitch Ratings saying