By Subhash Chandra Garg Fiscal Deficit (FD) represents net borrowings in a year. As difference between the debt and liabilities also represent net borrowings, FD should equal
Category: Merits back reference
Inflation blues | Business Standard Editorials
The latest inflation data has significantly increased the complexity of economic policymaking in India. Inflation, based on the consumer price index (CPI), increased sharply to
दुरवस्थेवर शिक्कामोर्तब –महाराष्ट्र टाइम्स
देशातील किरकोळ ग्राहक निर्देशांकात अपेक्षेपेक्षा अधिक वाढ झाल्याच्या धक्कादायक वृत्ताने आर्थिक क्षेत्रात आणि सर्वसामान्यातही चिंतेचे वातावरण असणे साहजिक आहे. भारतीय रिझर्व बँकेने गेल्या दुमाहीत याच
To defend against weaponised dollar–Economic Times
In his interview to this newspaper, Russia’s foreign minister Sergey Lavrov hit upon a very important subject: unilateral US sanctions that use the status of
WIll SBI’s loan revive trust? | Business Standard Column
In SBI’s scheme, the buyer pays only the down payment. The developer pays the interest during the construction period Last Updated at January 15, 2020
Insolvency and Bankruptcy Code should be the preferred option for resolution of bad loans, not the last resort | The Indian Express
The Supreme Court judgment in the Essar Steel case has restored the primacy of the committee of creditors (CoC), settling the contentious issue of the
GST may not have been revenue-neutral | The Indian Express
Theoretically, GST should have been revenue-neutral In theory, the shift to GST made eminent sense. It would bring about uniformity in tax rates across the
Ease of doing business in India: Myths and realities | K N Ninan–Deccan Herald
The World Bank released its annual ease of doing business report a few weeks ago. The report entitled “Doing Business 2020: Comparing Business Regulation in
budget news: Budget may make faking input tax non-bailable crime for buyers too – The Economic Times
NEW DELHI: The government is likely to make fraudulent claims for input tax credit a non-bailable offence in the hands of recipients of goods and
Extend 17% tax to services as well–Economic Times
In an early measure to reverse the slowdown, the government lowered the corporate tax rate to 22%, effectively a little over 25%, including surcharge and
GST Input Tax Credit on capital goods: How to claim, meaning, depreciation; all you need to know – The Financial Express
Tanvi Loond Chopra Input tax credit means credit of Input tax i.e. tax levied on input goods, input services or both. Any goods (including capital
RBI policy: A cut in rate was expected; a cut in GDP growth target was not | Business Standard News
It was widely expected that the Reserve Bank of India (RBI) would cut interest rates on Friday for two reasons. The first is that by now it
Second time lucky? The best way out of the Brexit mess – The path to a second referendum is treacherous – The Financial Express
The government’s struggle to get the deal through Parliament exposes a crack that Brexit has created at the heart of Britain’s democracy. It took Theresa
RTI–CIC under attack–Deccan Chronicle
A former information commissioner has written to the President revealing a very disturbing trend. The strategy is designed to manacle the commission from ferreting out
J&J distributor found guilty of profiteering after GST rate cut – The Economic Times
The case before the Profiteering Authority states that the distributor had hiked the base price of two products after the GST Council slashed tax in
GST: Refund issues play havoc on exporters’ bottomline in post-GST era, seek relief from Delhi HC–Economic Times
Earlier this year too, exporters had flagged off concerns over the limitations on getting the Advanced Authorisation licenses in the post GST era. Exporters are
How senior citizens can avail tax break on interest income under Sec 80TTB – The Economic Times
Budget 2018 introduced a new section, 80TTB, under the Income Tax Act which allows senior citizens to claim tax break on specified interest income up to Rs 50,000 in
Three telling recent indicators and why slowing economy needs a boost | Business Standard Column
The last couple of weeks have made three things clear. First, the economy is slowing down. Following the release of the lower-than-expected July-September growth number
Keep more capital buffer for your own interest: RBI to banks – The Hindu BusinessLine
The RBI Executive Director Sudarshan Sen has exhorted banks to maintain higher capital levels than the regulatory mandate to see through business cycles and crises,
Protecting witnesses: For long they fended for themselves against influential accused. That changes now
The formalisation of a witness protection scheme is a landmark moment with the potential to improve India’s low conviction rates. The failure of many criminal