Garnishee proceedings mainly refer to a situation where income tax officer gets a right to attach or collect money from anyone who owes money to
People are doing very low productivity jobs and that gives them relatively low wages, low living standards and therefore poverty. This is where we need
The Supreme Court’s decision to quash the RBI circular on referring defaulting companies for insolvency proceedings does not in any manner dilute the Insolvency and Bankruptcy Code
The central bank has chosen not to throw any surprise, cutting the repo rate by 25 basis points, and maintaining a neutral policy stance. However,
Even though the headline credit demand is growing at a healthy 14 percent, Reserve Bank governor Shaktikanta Das Thursday said it is not broad-based while those to MSMEs have
The agency had earlier affirmed the sovereign rating at BBB- with stable outlook. Global ratings agency Fitch Thursday said there has been a rise in
Even as Supreme Court struck down RBI’s February 12 circular, Chief Economic Advisor (CEA) Krishnamurthy Subramanian said that the issue can be fixed as RBI and
Reserve Bank Governor Shaktikanta Das Thursday said the central bank will soon come out with revised circular for effective resolution of stressed assets in the
Macro factors today will always be adverse as commodity prices will be volatile, laws varying, business cycles more common, and geopolitical tensions around the corner.
Prime Minister Narendra Modi’s shock decision in October 2016 to suck up more than 85% currency in circulation had a positive impact on tax compliance in
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has delivered its second consecutive rate cut of 25 basis points each. The broad message in the
The first credit policy for the year is significant not so much for the expected rate cut but the modest assumption on growth in the coming year.
Commerce and Industry Minister Suresh Prabhu said district level ‘ease of doing business’ ranking will soon be launched to ensure that smaller towns and districts become more
The financial sector in India has to be cognizant of the changes that are happening in the different elements of the economy, Finance Secretary Subhash
During 2014-2018, around 64 per cent of the employment seeking households have found a job at least for a member of their respective families, according
With a new Governor at the helm of the Reserve Bank, it was only to be expected that the six-member Monetary Policy Committee would veer