Government eyes gold deposits to cut market burden
Mon, Jul 27, 2015

Currently, CRR is four per cent, and if the mobilised gold is considered for meeting that requirement, banks would have additional cash for lending purposes

Explained: On GST, how Cong is making the best the enemy of the good
Fri, Jul 24, 2015

The Select Committee has merely pointed out that the additional levy would have a cascading effect, and asked the Centre to define ‘supply’.

Diverging CPI, WPI: The inflation conundrum
Tue, Jul 21, 2015

In the last eight months, while CPI (retail inflation) has consistently moved upwards, the WPI (headline inflation) has dramatically contracted.

Skill India initiative: Govt ropes in PSUs
Wed, Jul 15, 2015

Over the next one year, some 24 lakh youths would be skilled across the country.

JNPT on govt’s radar before World Bank’s 2016 report
Mon, Jul 13, 2015

JNPT handled 4.12 million TEUS in 2013 and handles about half of India’s containerised throughput.

Lack of clarity, time – Key challenges in implementation of Black Money Law
Fri, Jul 10, 2015

Faced with queries from professionals regarding the implication of the new Black Money Act, tax experts say that lack of clarity and paucity of time are the main challenges for implementation of the law.

CBDT to staff: Curb frivolous appeals
Thu, Jul 09, 2015

In an order issued on July 3, the board said that the significance of filing appeal and “pursuing litigation only in deserving cases cannot be over-emphasized.

Delhi Budget: Populism vs purse string
Tue, Jun 30, 2015

In the wake of a ballooning subsidy burden, fiscal prudence of populist schemes announced in Budget have come in for questions.

‘Time & cost saver’ e-will gains traction
Fri, Jun 26, 2015

Since e-will is a relatively new concept in India, what is it that is driving the interest of customers in writing wills online?

Tailoring a non-adversarial tax regime
Tue, Jun 23, 2015

Even as the finance ministry rolled into action to pacify some 1,000 FIIs across the US, Hong Kong and Singapore, another crisis was in the making.

CBDT fixes timeframe to send queries to treaty partners
Thu, Jun 18, 2015

The directive, which is a part of the central action plan of the CBDT for the current financial year, comes in wake of the earlier criticism within the department that while the quality queries were deteriorating.

Sunday story: Going bad
Sun, Jun 14, 2015

The $100 bn processed food market has clocked an annual growth of 8.4 per cent, a rate the regulator can hardly keep pace with.

Centre easing norms to make idle facilities attractive for firms
Tue, Jun 09, 2015

Centre has notified 45,782.64 hectares of land for 365 notified SEZs. However, 57 per cent of this area is lying vacant, thanks to the uncertainty in the SEZ policy of the government.

US-India exports: WTO’s poultry ruling fails to ruffle industry feathers
Sat, Jun 06, 2015

Almost 96% of consumption in India is of live birds and just 4% of frozen meat.

Not just raids, need fear of jail to scare tax evaders: CBDT
Fri, Jun 05, 2015

The department has asked the field staff to add at least 25 lakh new assessees every month — a stiff target by all counts considering that it is nearly equivalent to the number of new assessees added annually.

Addressing Concerns of MNCs: The green channel
Tue, May 26, 2015

The special cell to facilitate operations of South Korean firms in India is the third such platform being set up by the Centre. Fast-track panels for investors from Japan and the US are already in place.

ANZ Bank to open 2 India branches by early 2016
Tue, May 26, 2015

Currently, the bank has one branch in Mumbai, which was opened in 2011. Earlier, it owned British bank Grindlays before selling it to Standard Chartered in 2000.

Export strategies: 14 states select products, send plans to Centre
Thu, May 21, 2015

Official sources told The Indian Express that some of the states have also prepared the blueprint for infrastructure projects which need to be ramped up for boosting exports.

Explained: Targeting illegal wealth through new Benami law
Fri, May 15, 2015

A Benami Transactions (Prohibition) Act was passed in 1988 to put an end to such transactions, and to empower the government to recover such property.

Foreign black money law in, domestic one coming
Thu, May 14, 2015

The Bill provides for stringent measures against violators including attachment and confiscation of benami properties.

Easing of bottlenecks for import shipments
Tue, May 12, 2015

The CCCFC will have to meet frequently, once in 15-20 days to discuss the progress made by each agency in granting clearance certificate.

GST: Most important tax reform since 1947?
Tue, May 12, 2015

The Bill has been described as a reform measure of unparalleled importance in independent India. But several challenges remain. Shruti Srivastava explains.

Modi’s visit may pave way for agro exports to China
Mon, May 11, 2015

Agreement facilitating recognition of India’s plant protection measures by China on the cards.

One year in office: Modi govt assesses itself — in one big file
Sun, May 10, 2015

The compendium has been tentatively titled SAMVAD, an acronym for ‘Self assessment of Modi government on various deliverables’.

UP govt seeks more powers for states in new GST council
Wed, May 06, 2015

The proposal has not gone down well with the Centre, which is drafting a reply to UP government’s proposal.

New direct tax regime should come within a stipulated time
Tue, May 05, 2015

The Standing Committee’s recommendation comes after the finance minister announced in the Budget that DTC would not be pursued as most provisions of the code have been incorporated in the existing Act.

Shelving warning system for frauds, govt bets on SFIO arm
Sun, May 03, 2015

The Market Research Analysis Unit (MRAU) set up by the SFIO will be the “new mechanism".

Cracking the form in tax reform
Fri, May 01, 2015

The simplicity of the income tax return form and widening of tax net are promises made by all finance ministers in the past.

Benami deals: 3 years of jail if convicted, says proposal
Thu, Apr 30, 2015

List of exempted persons to only include spouse and unmarried daughter.

Benami deals: 3 years of jail if convicted, says proposal
Thu, Apr 30, 2015

List of exempted persons to only include spouse and unmarried daughter.

Pro-poor, farmer and jobs signature tune of Narendra Modi government first anniversary
Wed, Apr 29, 2015

The publicity arm of the government has told all departments to ‘concentrate on success stories’.

Amid cry for beef ban, meat exports from India on a rise
Tue, Apr 28, 2015

US department of agriculture shows that India has been the largest exporter of beef in the world since last year.

Government allays FII fears on tax claims topping $6.4 bn
Thu, Apr 23, 2015

The development is significant given the uproar among foreign investors following around 90 tax notices slapped on FIIs by the revenue department.

Operation Sesha: DRI ropes in 17 nations to check red sanders smuggling
Wed, Apr 22, 2015

The wood is especially in demand in China and Japan where it is considered auspicious and a luxury.

GST Bill: Jaitley, state FM panel chief to meet next week
Thu, Apr 16, 2015

The Bill has not found support even from BJP-ruled states like Gujarat, Maharashtra and Rajasthan.

‘Indian government’s efforts to create pro-business environment are encouraging’
Mon, Apr 13, 2015

Amid Prime Minister Narendra Modi’s tour of three industrialised democracies — France, Germany and Canada — to pursue India’s “economic interests” and promote “Make in India” by flagging off major business fair Hannover Messe in Germany, EU trade commissioner Cecilia Malmström, in an email interview with Shruti Srivastava, says that the 28-nation bloc is willing to […]