ncome tax was introduced by the British in 1922 as a supposedly “temporary” measure to augment depleted revenues after World War I. The tax remained
Sterling debut | Business Standard Editorials–31.08.2017
Finance Minister Arun Jaitley and his entire team deserve compliments for implementing a very significant and complicated tax reform smoothly and with such fine results.
Right to privacy: SC judgment also makes case for regulating data storage | Business Standard News–31.08.2017
The past decade has seen the initiation of numerous government programmes like Aadhaar and Natgrid. Due to the increased collection of citizen’s information by the
State govts at fiscal risk over medium term, warns RBI | Business Line–31.08.2017
The Reserve Bank of India has warned that State governments are likely to face several challenges to their finances during 2017-18 due to farm-loan waivers,
Forced PSU bank mergers won’t work | Business Line–31.08.2017
An architecture has emerged for the Government to tackle the massive bad loan problem of state-owned banks. There is now a Banks Board Bureau
Economic growth likely to be consumption-led | Business Line
The Reserve Bank of India, in its Annual Report 2016-17, has said strengthening external demand will help support the economy, even while favourable domestic conditions
Arun Jaitley: It pays to be honest, I-T department will go after evaders–Times of India–31.08.2017
Finance Minister Arun Jaitley on Wednesday said the government will adopt a carrot-and-stick policy on taxation, saying post GST tax authorities will go after evaders
Privacy law please: To actualise privacy as a fundamental right, India needs comprehensive legislation–31.08.2017
A collateral benefit of the Supreme Court verdict which declared privacy as a fundamental right is that a comprehensive legislation on data protection becomes imperative.
Centre must embrace Niti Aayog findings to get manufacturing sector back on track | editorials | Hindustan Times–31.08.2017
The business of India remains to make it hard to do business. A Niti Aayog and IDFC institute survey of formal Indian manufacturing firms has
Instagram overtakes Twitter with 400 million active users | tech | Hindustan Times–31.08.2017
Instagram now has more than 400 million active users, the company announced Tuesday, making it far larger than rival Twitter Inc with around 80 million
Apologise for note ban, Opposition tells Modi – The Hindu–31.08.2017
Following the Reserve Bank of India’s figures on demonetisation, the Opposition launched a stinging attack on the Centre with the Congress demanding an apology from
Infosys investor call: Narayana Murthy’s address to shareholders: Full transcript–30.08.2017
Dear Fellow Shareholders, At the outset, let me thank each of you for attending this call to hear what I have to say. Also, I
SBI: Consolidation of PSU banks remains a work-in-progress–Economic Times–30.08.2017
It was in the budget speech on February 28, 2005 that consolidation of Indian banking industry was probably put forth for the first time by
reserve bank of india: RBI cracks whip on 50 more defaulters having Rs 2 lakh crore outstanding–Economic Times–30.08.2017
The Reserve Bank of India (RBI) has directed banks to refer as many as 50 dud accounts to bankruptcy court if they are unable to
IT returns: I-T lens on individuals who earn Rs 5-lakh interest on FDs–Economic Times–30.08.2017
Income tax authorities have now turned their attention to thousands of individuals who have high interest income from fixed deposits but are probably not paying
Rights of homebuyers under Insolvency Code need clarity–Economic Times–30.08.2017
The Insolvency and Bankruptcy Board of India has recently amended regulations to declare homebuyers of beleaguered real estate companies as financial creditors. Such homebuyers can
MSMEs form backbone of industrial landscape: Kant–Economic Times–30.08.2017
The importance of the MSME sector cannot be underestimated as it forms the backbone of the industrial landscape of the country, a senior CII functionary
With no prior experience in business, these 12 homemakers became millionaires; here is the story of their success – The Financial Express–30.08.2017
The women featured in ‘Millionaire Housewives: From Homemakers to Wealth Creators’ are diverse (Reuters) Stories of 12 homemakers who, in spite of having no prior
Job creation is government’s top priority, labour reforms underway, says Bandaru Dattatreya – The Financial Express–30.08.2017
Union Labour Minister Bandaru Dattatreya today said job creation is the government’s “top priority” and labour reforms now underway by amalgamating 44 central laws into
RBI asks banks to stick to December deadline for insolvency | Business Standard News–30.08.2017
RBI said the top 12 accounts, having an exposure of at least Rs 5,000 crore each, should be referred for bankruptcy proceedings The Reserve Bank
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