Shruti Srivastava

Profile

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Govt plans to set up fund to power capital goods sector
Thu, Jan 14, 2016

Fund is proposed to have a corpus of Rs 1K cr under public-private partnership.

Pilot project: E-vehicles may soon become the official ride of the govt
Tue, Jan 12, 2016

A senior official told The Indian Express that the Department of Heavy Industry will “bear the entire cost over and above the price of petrol or diesel vehicles under the FAME scheme”.

In fact: Expect both goods and services to cost more initially
Mon, Jan 11, 2016

Currently, goods attract an effective tax rate of 24-25 per cent (including both the central and state levies), while services attract a levy of 14.5 per cent.

India to seek trade facilitation pact for services at WTO
Wed, Jan 06, 2016

Trade facilitation agreement, which is aimed at streamlining customs rules and procedures across the member nations has been pushed by developed nations.

Falling exports: Centre-states meet on Jan 7 to discuss FTAs, worries over taxation
Tue, Jan 05, 2016

So far, 26 states have appointed export commissioners while around 15 states are working on a trade policy.

India, China in focus: US lawmakers write to GAO over fake drug concern
Mon, Dec 28, 2015

The USFDA has notified over 20 issues of violations of standard manufacturing norms.

Unresolved trade pact: India to meet EU in Jan
Sun, Dec 27, 2015

The meeting on the Broad-based Investment and Trade Agreement will be held on January 17-18

Seventh Pay Commission: Delay salary hikes, five states tell Centre
Fri, Dec 25, 2015

Seventh Pay Commission: While salary revisions are due in these five states, the states which follow a different wage revision cycle, such as Andhra Pradesh, will not be impacted by the report.

Simply put: Deal or no deal?
Fri, Dec 25, 2015

On Wednesday, in the Rajya Sabha, Commerce and Industry Minister Nirmala Sitharaman launched a defence of India’s stand at the WTO, saying the country did not come back “empty-handed” from the Nairobi talks.

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.

Low-Emission Vehicles: Green transportation solutions struggle to hit the roads as industry calls for govt support
Wed, Dec 16, 2015

The Indian Express spoke to several industry players who said that there is no systematic push from the Centre in terms of targeted reduction of diesel/petrol vehicles.

Pollution control: Centre charts out EV roadmap; Delhi likely the first stop
Fri, Dec 11, 2015

Department of Heavy Industry is in talks with Delhi government to launch electric and hybrid vehicles.

Coming soon: More disclosures for MNCs in India
Thu, Dec 10, 2015

Firms over a certain threshold group turnover may be required to give detailed info of financials.

GST slugfest: Coming a full circle
Tue, Dec 08, 2015

Touted as the country’s most ambitious tax legislation since Independence, the Goods and Services Tax’s journey towards becoming a law has been marked with inordinate delays after it was first proposed in 2007-08 by the then UPA-I govt at the Centre.

To curb smuggling of endangered timber, India to join global alliance
Tue, Dec 08, 2015

The World Customs Organization has urged India to form alliances with other nations to curb the illegal trade of other precious wood.

India plans concessions, caps on imports of sensitive items
Thu, Dec 03, 2015

India is considering fixing a threshold for importing meat, dairy products and wines and spirits.

Indian Start-ups: Perks and sops aim to halt exodus
Tue, Dec 01, 2015

Aim of a new policy is to improve capital access, encourage innovation and urge states to act as incubators for ‘innovative start-ups’.

Start-ups may get MAT exemptions, IPR earning waivers
Fri, Nov 27, 2015

In August, PM Narendra Modi in his Independence Day speech had given a call for “Start-up India, Stand up India” to encourage innovation and increase employment for the youth.

GST bill: To balance Opposition demand, FinMin readying flexi blueprint
Fri, Nov 27, 2015

Option open: Doing away with extra 1% levy on manufacturing states for 2 years.

Healthcare to Swachh Bharat, how firms spent CSR funds
Mon, Nov 23, 2015

Top 50 companies spent over Rs 4,600 cr in 2014-15 on CSR activities, most of them focussed on areas of their business operation.

Patent registration: Centre plans cutting approval time to 15 months from 5-6 yrs
Mon, Nov 23, 2015

As many as 2,26,339 patent applications were pending as on July 31, 2015, due to shortage of professionals, according to the government data.

Terror funding: India freezes assets of 37 entities, blocks €300k this year
Thu, Nov 19, 2015

Saudi Arabia tops the list of countries with maximum convictions in terror financing cases, followed by the US, Turkey, Algeria & France.

Swachh Bharat: As Centre piles on yet another cess, states throw down the gauntlet
Tue, Nov 17, 2015

Economists say that while states’ apprehensions may be exaggerated, there is a merit in their argument as the contours of the latest cess — the Swachh Bharat levy — are not clear.

Govt investigating over 2,000 people flagged by MCA
Sun, Nov 15, 2015

Move continuation of crackdown the department had started early this year.

Land acquisition legislation: Amid Central logjam, states move forward
Tue, Nov 10, 2015

With the Bihar verdict not going in the BJP-led NDA’s favour, the road for the much delayed legislation only gets tougher from here.

19 crore people brought under banking system in 17 months, claims PM Modi
Fri, Nov 06, 2015

PM Modi said the view of the government now was reforms should be inclusive and broad-based and not limited to a few standard notions.

Rankings spur tax collection: Ahmedabad, Bengaluru top 2
Fri, Nov 06, 2015

The ranking of zones have been done on parameters including recovery of past arrears, audit recovery, anti-evasion recovery, scrutiny of returns and detailed manual scrutiny.

Impact of reforms to reflect in next year’s report: Amitabh Kant
Fri, Dec 25, 2015

Amitabh Kant tells indian Express that more reforms are underway and the full impact of undertaken reforms will get reflected in the next year’s report.

Meat trade: Caught in the crossfire
Tue, Oct 27, 2015

Post the controversy surrounding cow slaughter, harassment of transporters in the name of animal cruelty, looting of livestock and extortion has gone up, according to those involved in the business.

Govt to meet with states on Monday over GST logjam
Fri, Oct 23, 2015

Will discuss various issues along with draft reports on business processes on GST registration, refunds.

New policy may link incentives with job creation in factories
Mon, Oct 19, 2015

Sectors to include auto, textiles and leather, which provide employment to over 23 million currently.

Tax case: Vodafone may opt for settlement route
Thu, Oct 15, 2015

Sources told The Indian Express that Vodafone Group CEO Vittorio Colao showed the inclination to settle the tax dispute case out of the arbitration court when he met finance minister Arun Jaitley later during the evening on Wednesday.

Govt considers Rs 3,000 crore incentive to revive slipping exports
Tue, Oct 13, 2015

Reeling under sliding exports due to slow global demand, exporters have been urging the government for some time now to release the interest subvention allocated in the Budget.

Coming soon, a sunset clause on tax exemption
Sat, Oct 10, 2015

These steps have been outlined in the road map being readied by the department for phasing out corporate exemptions and are likely to figure in the Union Budget for the next fiscal to be presented in February 2016.

RBI rate cut: Small savings to feel the squeeze
Fri, Oct 09, 2015

Investors in small savings schemes should get ready for a lower interest rate regime as inflation takes a slide and banks prune their lending rates to stay competitive.

Smart cities, clean energy, defence to top priorities during Angela Merkel India visit
Mon, Oct 05, 2015

German chancellor to meet PM today under India, Germany intergovernmental consultations framework.