Aanchal Magazine


Post-GST rollout, govt to levy cess sparingly: Hasmukh Adhia
Thu, Mar 03, 2016

Revenue Secretary Hasmukh Adhia said levy of cesses will be sparingly done after the goods and services tax (GST) is rolled out.

Long-term capital gains: Govt to review next year
Thu, Mar 03, 2016

In his Budget speech on Monday, Finance Minister Arun Jaitley said GAAR will be implemented from April 1, 2017.

Strategic Disinvestment: PSU sell-offs to be monitored by external body
Wed, Mar 02, 2016

Niti Aayog has been given the responsibility of identifying state-owned companies for stake sales.

Budget 2016: Lower corporate tax at 25% for new mfg units
Tue, Mar 01, 2016

The reduction in corporate tax rate has to be calibrated, Jaitley said, adding that the benefits from phasing out of exemptions are available to government only gradually.

Budget 2016 | Undisclosed asset declaration: Window for domestic taxpayers
Tue, Mar 01, 2016

The window under this Income Disclosure Scheme will be opened from June 1 to Sept 30, 2016.

Budget 2016: CPSEs to monetise idle assets; Disinvestment Dept renamed
Tue, Mar 01, 2016

Over half of disinvestment target for 2016-17 is estimated to come from minority stake sales of PSUs

Aadhaar gets statutory status; Centre to bring Bill in two days
Tue, Mar 01, 2016

The Centre is set to introduce the Aadhar Bill in Parliament over the next couple of days to give the platform a statutory backing.

Down to the wire, Finance Minister to meet economists
Thu, Feb 25, 2016

A market expert said that the meeting could be linked to a possible rise in the fiscal deficit numbers as foreign institutional investors have turned nervous over the last few trading sessions.

Corporate tax exemption cuts may start with SEZs
Wed, Feb 24, 2016

Though the basic rate of corporate tax is 30 per cent, the effective rate is lower at around 23 per cent because of incentives for taxpayers.

States raise red flag on Centre’s move to monitor funds online
Fri, Feb 19, 2016

The upcoming Budget is likely to feature an announcement on rolling out the system across all states by the next financial year.

BharatNet project: Despite push, need right course for ‘right-of-way’
Wed, Feb 03, 2016

Lack of clarity on ironing out hurdles in acquiring right-of-way is a major glitch in Centre’s broadband connectivity programme.

Govt may sell stake in three blue chip firms to raise funds
Sat, Jan 30, 2016

SU-UTI currently holds 11.66 per cent in Axis Bank, 11.27 per cent in ITC Ltd and 8.18 per cent in L&T.

Breather for small taxpayers: Proposals could be incorporated in Budget ’17
Fri, Jan 29, 2016

Suggestions include raising TDS threshold, halving its rate to 5% and eliminating officer’s discretion with regard to treatment of capital gains on share’ trading.

Govt to allow Google, Microsoft pilots to expand Internet reach
Sun, Jan 31, 2016

However, the final approval for projects such as Google’s Loon and Microsoft’s White Spaces would be subject to these projects being deemed as consistent with India’s broader security requirements.

National Optical Fibre Network Rollout: Centre’s nod to some states going solo, bid to push rollout
Wed, Jan 13, 2016

With the NOFN rollout facing hurdles, especially right-of-way issues, the idea of states implementing their share has been welcomed by the Centre, and has the ability to speed up the ambitious project.

India Post posts profits on e-commerce boom
Mon, Jan 11, 2016

In August 2015, the Reserve Bank of India had granted in-principle approval to 11 applicants to set up payments banks, including India Post.

Digital India will take off on the strength of call centres in small towns: Ravi Shankar Prasad
Mon, Jan 11, 2016

Prasad is now focussed on turning around two state-owned enterprises — telecom utility Bharat Sanchar Nigam Ltd and India Post.

Reforms undertaken by the Modi government to show results now: Harshavardhan Neotia
Thu, Jan 07, 2016

Taking over as the president of Ficci, Harshavardhan Neotia, chairman of Ambuja Neotia Group called for more reforms including making tax administration friendly and adversarial.

Baseline Scenario: After a gloomy mid-year picture, RBI’s brighter growth forecast for FY17
Tue, Jan 05, 2016

Deflator is the inflation measure used to convert estimates of nominal GDP into real, inflation-adjusted terms. The national accounts rely on a combination of CPI and WPI deflators to translate nominal growth into real terms.

Telecommunication: Wider networks
Fri, Jan 01, 2016

One thing that didn’t happen Call drops and net neutrality, big issues last year, remain unresolved debates heading into 2016.

Uday scheme: Bailout may swell fiscal deficit of states, Centre to around 8.5% of GDP
Wed, Dec 23, 2015

From 2017-18, the SEBS’ losses will have to be taken over by the states without any relief on the FRBM front.

Fiscal consolidation: New realities demand revised goalsheets
Tue, Dec 22, 2015

As the economy moves into the fourth quarter and the fiscal year 2015-16 nears its end, fresh factors— both global as well as domestic— have emerged during the period.

FinMin in talks with RBI, Sebi to allow British Columbia to issue Rs-denominated bonds
Mon, Dec 21, 2015

The RBI had in September allowed companies, Real Estate Investment Trusts and Infrastructure Investment Trusts to issue rupee-denominated bonds overseas as an additional source of funding without currency risk.

New IIP Series: Samsung to replace Nokia in telecom output data
Tue, Dec 15, 2015

The change in mobile manufacturer is a part of a series of changes proposed for the new IIP.

FinMin may ease borrowing limit beyond 3% of GSDP
Mon, Dec 14, 2015

Move an attempt to de-link fiscal relaxations to states under UDAY scheme.

Goods and Services Tax: Punjab, AP raise red flag over ‘low’ revenue-neutral rate
Wed, Dec 09, 2015

However, gains from coal block auctions could help, says Jharkhand.

Spectrum trading rules: A fillip for smaller telcos
Tue, Dec 01, 2015

The advantage for smaller players has also come primarily on account of the recent change in rules for spectrum trading.

Proposal for monetary panel on Cabinet agenda this week
Mon, Nov 30, 2015

Committee is likely to have 6 members; 3 from RBI and 3 from government.

Winter Session: Arun Jaitley reaches out to Opposition on GST
Wed, Nov 25, 2015

Willing to talk changes but cautions against some Cong suggestions: ‘flawed architecture can damage’.

Revenue neutral rate for GST: Panel to submit RNR report to Empowered Committee
Thu, Nov 19, 2015

The National Institute of Public Finance and Policy had suggested a revenue neutral rate of 27%, which was considered high by the Centre.