Clipped from: https://www.business-standard.com/article/economy-policy/policymakers-don-t-have-fetish-to-raise-rates-revenue-secy-tarun-bajaj-122070500048_1.html But the government is open to discussing narrowing down the three slabs of 5, 12 and 18 per cent into two, he said
Day: July 5, 2022
*Brokerages remain bullish on Reliance Industries despite windfall tax | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/brokerages-retain-bullish-call-on-reliance-industries-despite-windfall-tax-122070401218_1.html Reliance Industries shares gained as much as Rs 32.9, or 1.4 per cent intraday, on the BSE on Monday, before finally closing trade
*****Industry body voices concern over 5% GST on hospital room tariffs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/industry-body-voices-concern-over-5-gst-on-hospital-room-tariffs-122070500046_1.html Ficci bats for zero GST on health care in letter to FM; CAIT against tax tweaks on food items The chamber added hospitals
*Trade gap widens to record $25.6 bn; imports surge to $63.58 bn in June | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/june-merchandise-trade-gap-at-record-25-6-bn-experts-say-cad-could-double-122070401194_1.html India’s traditional high dependence on crude oil led to its imports soaring 94.2 per cent in June to $20.7 billion Among major import
*No experience, no resume and you’re hired! Hotels fight for staff | Business Standard News
Clipped from: https://www.business-standard.com/article/international/no-experience-no-resume-and-you-re-hired-hotels-fight-for-staff-122070500057_1.html Europe’s largest hotelier Accor is running trial initiatives to recruit people who haven’t previously worked in the industry Thousands of workers left the
*******The long-term hurdles to India’s export growth | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-long-term-hurdles-to-india-s-export-growth-122070401365_1.html No country has succeeded in becoming a merchandise export powerhouse unless its quality standards are uniformly high Can exports power India’s economic growth?
How to exchange damaged torn and taped currency notes in India? – RBI Rule | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/how-to-exchange-damaged-torn-and-taped-currency-notes-in-india-rbi-rule-122070401396_1.html As per RBI (Note Refund) Rules, 2009 no bank can decline to exchange the damaged, mutilated, taped or torn banknotes. Here’re RBI rules
*******Labour reforms — a long and slow process | The Financial Express
Clipped from: https://www.financialexpress.com/economy/explainer-labour-reforms-a-long-and-slow-process/2578970/ Over 6 years later, 4 labour codes were notified following presidential assent. Though these laws are yet to take effect, labour market rigidities
*****Oil windfall tax to yield Rs 40,000 crore net revenue | The Financial Express
Clipped from: https://www.financialexpress.com/economy/oil-windfall-tax-to-yield-rs-40000-crore-net-revenue/2582779/ The profit generated after accounting for cost from producing crude and natural gas from fields, awarded by the government under a production sharing
*GST Council decides not to change 28% taxation on all forms of gambling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/gst-council-decides-not-to-change-28-taxation-on-all-forms-of-gambling/articleshow/92661843.cms Synopsis The online gaming industry has sought to delineate games of skill and chance it serves up. High courts in several states have
*****Credit ratings info only where it’s due – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/credit-ratings-info-only-where-its-due/articleshow/92661857.cms Synopsis Reportedly, rating agencies also expect Sebi to deal with the pitfalls of rating companies that do not share their financials. Earlier, the
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