Clipped from: https://economictimes.indiatimes.com/news/economy/finance/rs-1-lakh-crore-disputed-tax-to-be-settled-under-vivad-se-vishwas-scheme-finance-ministry-official/articleshow/80083146.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Finance Minister Nirmala Sitharaman had in her Budget for fiscal starting April 2020 announced a Vivad se Vishwas (VsV) Scheme to settle pending
Category: Economy
Revamped ecosystem will generate higher growth, goods and services tax, employment and exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/spin-llps-to-hear-richer-music/articleshow/80085474.cms Synopsis–Most MSME units were mainly operating as partnership firms, and some as limited liability partnerships (LLPs), or private companies. The Atmanirbhar Bharat scheme,
The Covid-19 crisis has underlined the need for more budgetary allocation for healthcare – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/the-covid-19-crisis-has-underlined-the-need-for-more-budgetary-allocation-for-healthcare/articleshow/80074434.cmsSynopsis Covid-19 showed the Indian healthcare system bursting at its seams at the height of the pandemic; patients turned away, doctors and nurses exhausted
Modi’s challenge in 2021 will be to revive an economy which has slipped into deep recession – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inside-track-modis-challenge-in-2021-will-be-to-revive-an-economy-which-has-slipped-into-deep-recession/2162928/ The economy may have hit an all-time low and unemployment and inflation a new high, but Modi, with his hirsute sanyasi-like looks and
Imports go up for 1st time since last Feb, exports dip 0.8% – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/imports-go-up-for-1st-time-since-last-feb-exports-dip-0-8/articleshow/80078545.cms NEW DELHI: Indicating a pick-up in economic activity, imports went up for the first time since February, rising 7.6% to $42.6 billion in
Looking back, and forward: How economies and economics changed in 10 years | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/looking-back-and-forward-how-economies-and-economics-changed-in-10-years-121010100839_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Even as both India and the world struggle to re-build after Covid-19, they face slow-burn problems that could develop into full-blown crises, writes
Corruption and growth: Learnings from the dragon – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/corruption-and-growth-learnings-from-the-dragon/2162500/ In China, corruption does not impact the day-to-day life of common citizens; in India, however, corruption is pervasive By Rakesh Mohan Joshi India
Paying every Indian 5,000 can be the fiscal fix to make 2021 really happy–economic times
Clipped from: https://timesofindia.indiatimes.com/blogs/The-underage-optimist/paying-every-indian-5000-can-be-the-fiscal-fix-to-make-2021-really-happy/Chetan Bhagat Chetan Bhagat is a bestselling author and a popular newspaper columnist. We spent most of 2020 in doom and gloom mode about
Fiscal incongruence: How states and the Centre are failing to come to an agreement over resources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fiscal-incongruence-how-states-and-the-centre-are-failing-to-come-to-an-agreement-over-resources/articleshow/80074974.cms Synopsis–Underlying the procedural lapse and its consequences for the finance minister is a far more vexed issue of the fiscal compact between the
Economists see strong GDP rebound in 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economists-see-strong-gdp-rebound-in-2021/articleshow/80066419.cmsSynopsis DBS Bank projected gross domestic product (GDP) growth at 7.6% in 2021, among the fastest in the region after a 7.4% contraction in
Exporters complain of delay in GST refunds despite government timeframe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/exporters-complain-of-delay-in-gst-refunds-despite-govt-timeframe/articleshow/80063900.cms SynopsisThe tax department had come out with a guideline to process these within a deadline and recently the authorities had said that the
6.03 crore GST e-invoices generated in December 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/6-03-crore-gst-e-invoices-generated-in-december-2020/articleshow/80072727.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Notably, the e-way bill generation from the National Informatics Centre (NIC) developed e-way bill system is also highest during September to December 2020
Negative rates as conscious policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-view/et-view-negative-rates-as-conscious-policy/articleshow/79561743.cmsSynopsis The RBI’s policies on maintaining high liquidity to fuel recovery, keeping a Targeted Long Term Repo window open is most sensible. It is
अर्थव्यवस्था रुळावर ; डिसेंबरमध्ये जीएसटीमधून सरकारला आतापर्यंतचे विक्रमी उत्पन्न –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/business/business-news/december-gst-revenue-at-record-level/articleshow/80061914.cms यापूर्वी सर्वाधिक जीएसटी संकलन एप्रिल २०१९ मध्ये जीएसटीमधून १, १३, ८६६ कोटी रुपये कर महसूल मिळाला होता. मात्र डिसेंबरमध्ये त्याहून अधिक म्हणजे १.१५
Reviving growth should be the main focus of Budget 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-reviving-growth-should-be-the-main-focus-of-budget-2021/articleshow/80075832.cmsSynopsis Growth is the magic elixir that alone can ward off a fresh banking crisis, further collapse in employment and greater distress. And growth
Even with Biden: Trend against globalisation is dampening India’s prospects, headwinds will only increase
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/even-with-biden-trend-against-globalisation-is-dampening-indias-prospects-headwinds-will-only-increase/Manoj Joshi The writer is a Distinguished Fellow, Observer Research Foundation It is now conventional wisdom to say that 2021 will be better than
Stress in banking: Temporary respite–economic time
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/stress-in-banking-temporary-respite/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The latest Reserve Bank of India (RBI) report
December 2020 GST collections touch all-time high at Rs 1.15 lakh crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/december-2020-gst-collections-touch-all-time-high-at-rs-1-15-lakh-crore/articleshow/80058495.cmsSynopsis Compared to December 2019, collections are 12% higher, underlining the trend of economic recovery amid the Covid 19 pandemic and in line with
Swaminathan Aiyar explains how land problems bar India’s path to the next level – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/aiyar-explains-how-land-problems-bar-indias-path-to-the-next-level/articleshow/80058138.cmsSynopsis India has to overcome the land issue but it is not a easy thing to overcome, Aiyar said. By way of proof he
Asset management firm in the works to tackle bad loans of PSU banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/amc-in-the-works-to-tackle-bad-loans-of-psu-banks/articleshow/79981213.cms Synopsis–The proposed AMC will work on a fee-based model. It will collate bad debt across banks and reach out to institutional investors, including
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