Clipped from: https://www.business-standard.com/article/opinion/rbi-monetary-policy-pursuing-growth-in-times-of-high-inflation-121060500031_1.html The RBI officials stated the MPC believes that inflation is ‘not persistent’ and that there is ‘no thinking’ about policy normalisation Unlike the
Category: ART
Slow and steady the way to Go, RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/slow-and-steady-the-way-to-go-rbi/articleshow/83214440.cmsSynopsis IL&FS, Dewan Housing Finance, HDIL — NBFCs have put up scandalous performance, creating a climate that legitimises drastic action, even makes its absence
P Chidambaram’s 5-point guide for Modi govt on how to fix Covid-battered economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/p-chidambarams-5-point-guide-for-modi-govt-on-how-to-fix-covid-battered-economy/articleshow/83215411.cmsSynopsis he unemployment rate that was 5.48% in June 2018 has once again spiked to 11.86%. The Labour Force Participation Rate has fallen from
The puzzle of the surge in currency-in-circulation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-puzzle-of-the-surge-in-currency-in-circulation/2264691/ We are perhaps looking at a scenario where high unemployment and high inflation coexist, like in the 1970s There may also be cases
National floor wages: Govt sets up another panel, gives it 3 years – The Financial Express
lipped from: https://www.financialexpress.com/industry/national-floor-wages-govt-sets-up-another-panel-gives-it-3-years/2264592/ The wage code also empowers the central government to fix national floor level minimum wages (NFLMW), below which no state can set their
Simplify the Tax: Put more cash in taxpayers’ hands – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/simplify-the-tax-put-more-cash-in-taxpayers-hands/2264740/ The government should increase the Section 80G deduction limit from 10% to 30% for this year The government should consider doubling the limits
Structural weakness | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/structural-weakness-121060301490_1.html India needs to overhaul the tax system Tax collection recovered swiftly towards the end of the last fiscal year with a pickup in economic
The farm factor | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-farm-factor-121060301520_1.html Agri sector did quite well in a pandemic year While growth in most sectors of the economy seems set to succumb under pressure
Extended lifeline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/extended-lifeline/article34719958.ece ECLGS is a useful lifeline to stressed borrowers, but its expanding scope calls for checks and balances As the Centre weighs the need
Excise duty mop-up up by 62% in FY21, highest during Modi regime – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/excise-duty-mop-up-up-by-62-in-fy21-highest-during-modi-regime/article34719631.ece Petrol, diesel shore up govt’s revenues to ₹3.89-lakh crore The Centre has collected over ₹3.89-lakh crore through central excise duty during FY21; this
Ending encryption: On enforcing traceability on popular messaging apps – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/ending-encryption-on-enforcing-traceability-on-popular-messaging-apps/article34693043.ece Enforcing traceability on popular messaging apps will encroach into user privacy Barely a day before the Information Technology (Intermediary Guidelines and Digital Media Ethics
Monetary policy must remain accommodative – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/monetary-policy-must-remain-accommodative/article34710357.ece As the space for fiscal stimulus is limited, monetary policy needs to play a critical role until the growth outlook improves With the
Ministry notifies amendment in GST law for levying interest on net cash liability – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finance-ministry-notifies-amendment-in-gst-law-for-levying-interest-on-net-cash-liabilty-wef-july-1-2017/article34707667.ece Taxpayers who have already paid interest on gross liability can seek refund The Finance Ministry notified amendment in Central Goods and Services Tax
Why supporting MSMEs during Covid -19 will help socially backward groups? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/why-supporting-msmes-during-covid-19-will-help-socially-backward-groups/article34701707.ece?homepage=true Govt data show that such groups own almost 66% of MSMEs With State governments imposing restrictions and lockdowns to control the second Covid-19
Fault lines in RBI’s surplus transfer to govt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fault-lines-in-rbis-surplus-transfer-to-govt/article34701274.ece?homepage=true The higher transfer is an attempt to lower the fiscal deficit, reduce borrowing cost and cushion the weak cash management The RBI’s account
How RBI’s Resolution Framework 2.0 can help MSMEs tide over Covid mess; is Udyam registration required? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/how-rbis-resolution-framework-2-0-can-help-msmes-tide-over-covid-mess-is-udyam-registration-required/2263186/ For borrowers who had availed restructuring under Resolution Framework 1.0, RBI Governor Shaktikanta Das had allowed lenders to modify their plans to increase
Income Tax Return: From mobile app to new payment options – know benefits of new e-filing site – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-from-mobile-app-to-new-payment-options-know-benefits-of-new-e-filing-site/2263115/ The ITR filing process will resume from June 7, 2021, a day after launch of the new e-filing site – incometax.gov.in – on
India Inc must contribute to the ‘stimulus’: Given bumper profits & cost-cuts of Rs 4 lakh crore, it could cut a cheque for the have-nots – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-inc-must-contribute-to-the-stimulus-given-bumper-profits-cost-cuts-of-rs-4-lakh-crore-it-could-cut-a-cheque-for-the-have-nots/2262627/ The pandemic may have hurt thousands of small businesses and killed many MSMEs, but given their financial and management muscle, the larger corporations
High government cash balance likely to limit additional borrowing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/high-government-cash-balance-likely-to-limit-additional-borrowing/articleshow/83119486.cmsSynopsis The fears of additional borrowing due to GST shortfall may not be as substantial as bond dealers anticipated initially. Any large additional borrowing
All you wanted to know about Stagflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34691993.ece?homepage=true In India we have hardly had any periods without inflation, while developed markets besides inflation, also experience deflation occasionally. But it’s been decades
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