Clipped from: https://www.thehindubusinessline.com/economy/imported-raw-material-other-than-precious-metals-permitted-to-be-used-for-job-work/article33752299.ece Advance intimation of import consignment to be mandatory A manufacturer will now be able to use imported raw material for outsourced work also
A monetary policy that strikes a chord with fisc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-monetary-policy-that-strikes-a-chord-with-the-fisc/article33762050.ece Holding steady The central bank keeping a ‘hold’ on rates was widely anticipated – PAUL NORONHA Holding steady The central bank keeping a
PLI scheme for solar PV to spur ₹14,000-cr investment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/pli-scheme-for-solar-pv-to-spur-14000-crore-investment/article33874090.ece Government to invest ₹4,500 crore on the scheme Prime Minister Narendra Modi said on Thursday that the performance-linked incentive (PLI) scheme for high-efficiency
Will FM’s asset monetisation plan pay off? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-fms-asset-monetisation-plan-pay-off/article33761043.ece The idea is good, but there are challenges to generating revenues through sale of surplus land held by the govt and PSUs Finance
PLI schemes for 10 sectors to be notified by March 31: DPIIT Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-schemes-for-10-sectors-to-be-notified-by-march-31-dpiit-secretary/article33762483.ece Identification of beneficiaries, who could enjoy 4-6% incentives, to take another 2-3 months The Centre is hopeful that the Production Linked Incentive (PLI)
Recent advisory on social-media posts ‘not to curtail freedom of expression’, says ICAI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/recent-advisory-on-social-media-posts-not-to-curtail-freedom-of-expression-says-icai/article33933187.ece The CA Institute has said that its recent advisory on social-media posts cannot, by any stretch of imagination, be termed as curtailing/infringing the
There is no provision to take credit of the agriculture infra cess: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/there-is-no-provision-to-take-credit-of-the-agriculture-infra-cess-expert-121020800718_1.html This should not matter much because wherever AIDC has been imposed, the basic customs duty (BCD) or excise duty has been reduced, and
Diverse responses to the Budget | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/diverse-responses-to-the-budget-121020801673_1.html The finance minister did very well for equity market investors. How did she fare with households? The presentation of the Indian Union Budget is an
A pro-growth turn in government policy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-pro-growth-turn-in-government-policy-121020801757_1.html The growth impact of PLI schemes could start showing up in FY22 Total central government spending in FY22 should be unchanged from the
Indirect Taxes: FM Sitharaman’s Budget attempts a delicate balancing act | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/indirect-taxes-fm-sitharaman-s-budget-attempts-a-delicate-balancing-act-121020202031_1.html The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices Even before
Kirana comes full circle | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/kirana-comes-full-circle-121020801780_1.html Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we’ve come full circle on grocery It’s true
Banking on cybersecurity: RBI’s new rules for digital transactions a step forward – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banking-on-cybersecurity-rbis-new-rules-for-digital-transactions-a-step-forward/2199851/ The master direction on digital payment security controls, released last week, casts a wide net. The Reserve Bank of India has, therefore, done
Blue Star setting up Rs 130-cr plant at Wada to ramp up commercial refrigeration biz – The Financial Express
Clipped from: https://www.financialexpress.com/industry/blue-star-setting-up-rs-130-cr-plant-at-wada-to-ramp-up-commercial-refrigeration-biz/2192838/ The new plant, being set up as part of the company’s decision to strengthen its commercial refrigeration footprint, will cater to the rising
Insolvency and Bankruptcy Code: Insolvency suspension not to be extended beyond March 24 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/insolvency-and-bankruptcy-code-insolvency-suspension-not-to-be-extended-beyond-march-24/2195407/ “The suspension has served the purpose but an extension now will potentially undermine bad loan resolution process and can create a systemic issue,”
Is Union Budget 2021-22 inflationary? Experts not on the same page | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/is-union-budget-2021-22-inflationary-experts-not-on-the-same-page-121020701002_1.html The government has ruled out tweaking the inflation target under the monetary agreement framework between it and the RBI C Ranganathan, former governor,
Interest on public debt may eat away half of govt tax revenue in FY21, FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/interest-on-public-debt-may-eat-away-half-of-govt-tax-revenue-in-fy21-fy22-121020701014_1.html Expenditure on interest will account for 52.4 per cent of the central tax revenues in FY22 The fiscal headroom for the central government
Exporters shouldn’t rely much on subsidies from govt | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exporters-shouldn-t-rely-much-on-subsidies-from-govt-121020701022_1.html The government has introduced the Agriculture Infrastructure and Development Cess that will be levied on select imported goods and petroleum products The finance
Fidelity clause covers all employees | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fidelity-clause-covers-all-employees-121020700776_1.html In a recent case, National Commission observed that the policy defined an employee to include officers, clerks, servants and other employees R R
GDP grows 0.4 per cent in December quarter, India exits technical recession – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indian-economy-out-of-technical-recession-q3-gdp-expands-0-4/articleshow/81228202.cmsIndia’s GDP grew 0.4% in Q3 of FY21, helping the economy out of a technical recession after two consecutive quarters of degrowth. The economy
RBI | inflation: India’s inflation target band appropriate for next 5 years: RBI report
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-inflation-target-band-appropriate-for-next-5-years-rbi-report/articleshow/81225715.cmsSynopsis “The current numerical framework for defining price stability, i.e., an inflation target of 4 percent with a +/-2 percent tolerance band, is appropriate
