Thursday, Dec 18, 2014

SURABHI

Profile

With GST, India will become a common market
Wed, Dec 17, 2014

India is all set to roll out the largest indirect tax reform since the introduction of the value-added tax in 2005.

States on board, elusive GST in sight
Tue, Dec 16, 2014

Jaitley has also promised Rs 11,000 crore to states this fiscal as partial compensation for the phase-out of the central sales tax.

14th Finance Comm submits report; May be tabled during current session
Tue, Dec 16, 2014

At present, states are given 32 per cent of Central taxes, in line with the recommendation of the Thirteenth Finance Commission.

Govt to push all possible stake sales before March
Mon, Dec 15, 2014

Concerns mount over ability to meet over R60,000 cr target in FY15

Life insurance cover under Jan Dhan comes with riders
Sun, Dec 14, 2014

Limited benefits: One account holder per family can avail health cover

Front-end interventions are fine, do not lose sight of the back-end
Fri, Dec 12, 2014

Prime Minister Narendra Modi’s initiatives such as the Jan Dhan Scheme and Swachh Bharat Abhiyan must be followed up by second round intervention to make them beneficial.

EMC to submit report by January, says Jalan
Thu, Dec 11, 2014

Commission looking into minimisation of subsidies.

LabourMin working on R1,000 employees’ pension for lifetime
Wed, Dec 10, 2014

The issue is expected to be discussed at a meeting of the Central Board of Trustees of the Employees’ Provident Fund Organisation (EPFO) on December 19.

House panel ‘addresses’ Cong concerns, Insurance Bill ready
Tue, Dec 09, 2014

The Select Committee on the Insurance Laws (Amendment) Bill has recommended that the issue of Indian ownership and “control” be clearly defined in the Act.

PMO to EPFO: Invest 15% of funds in low-cost housing
Tue, Dec 09, 2014

Insurance and provident funds urged to invest in bonds of HFCs.

Stake sale in PSUs: what it means for retail investors
Mon, Dec 08, 2014

The government’s disinvestment programme kicked-off last week with the selling of its 5 per cent stake in the steel-maker SAIL.

Most CMs back PM Modi’s plan to replace existing Planning Commission
Mon, Dec 08, 2014

PM Modi described the meeting as 'fruitful' saying that all Chief Ministers had offered significant suggestions.

PPF back to being popular on higher investment ceiling
Fri, Dec 05, 2014

The interest rate on PPF is higher at 8.7 per cent compared to bank deposits and most other small savings products, he pointed out.

Wish list for $34-bn Japan loans in the works
Thu, Dec 04, 2014

India is now the largest recipient of ODA from Japan that has been extending bilateral loans since 1958.

Centre begins process for selecting first chief of BRICS development bank
Mon, Dec 01, 2014

India will then designate the president, who will be formally ratified by the member nations and then appointed.

Govt brings in more curbs on study tours
Sat, Nov 29, 2014

This is the latest in a series of measures by the government to cut down foreign travel by officials and ministers.

Govt likely to impose more spending cuts
Fri, Nov 28, 2014

Finance ministry had last month re-imposed an austerity drive and called for a 10% cut in non-plan spending.

For Budget 2015-16, FinMin has no Plan panel to work with
Thu, Nov 27, 2014

The Plan finance division in the department of expenditure has been filling in for the Planning Commission whenever required.

Centre raises doubts over Rajasthan labour reforms
Thu, Nov 27, 2014

Dattatreya told Lok Sabha the Centre had “no objection” to other amendments by the state.

Rajasthan labour reform passed, Centre now raises some doubts
Wed, Nov 26, 2014

Dattatreya also informed Lok Sabha that these provisions were likely to be opposed by trade unions.

10 years in making raising FDI cap in insurance
Wed, Nov 26, 2014

The committee scrutinising the Bill received an extension until Dec 12. SURABHI recalls key stages in the Bill’s journey in Parliament.

First test for govt: Q2 GDP growth estimated to dip
Wed, Nov 26, 2014

The third and fourth quarters numbers are likely to be better.

FinMin plans criteria for Jan-Dhan overdraft facility
Tue, Nov 25, 2014

At present, none of the bank account holders under the PMJDY have OD facility.

Kisan Vikas Patra back as safe haven for savings
Mon, Nov 24, 2014

Widely popular in the 90s, THE SCHEME CAN be used as security and be pledged for availing loans.

Asset quality dips: Gross NPAs of public banks cross 5%
Fri, Nov 21, 2014

Sectorally, bad loans in small and medium industries saw a sharp jump at 7.18 per cent in September 2014.

‘Need attractive business environment, low inflation to stem black money flow abroad’
Thu, Nov 20, 2014

Black money stashed abroad is an indicator that economies need to make their financial systems safer.

OECD pegs growth for this fiscal at 5.4%, says structural reforms needed to regain 8%
Wed, Nov 19, 2014

The report has also underlined that India's public deficit and debt are high compared to other emerging economies.

Factories Amendment Bill unlikely to be taken up in Winter Session
Tue, Nov 18, 2014

The Bill, which seeks to redefine the definition of a factory, was seen as one of the first concrete reform measures taken by the government.

‘Skill development, unorganised sector are top priorities’
Mon, Nov 17, 2014

Underlining skill development and improving employability of labour as his key priorities, newly appointed minister of state (independent charge) for labour Bandaru Dattatreya said that he will especially focus on the unorganised sector workers.

Centre not to take lead in relaxing labour laws
Fri, Nov 14, 2014

Government to wait for states to follow Rajasthan.

Cabinet expansion may delay Insurance Bill
Thu, Nov 13, 2014

Naqvi has been appointed as minister of state for minority affairs and Parliamentary affairs, Nadda is the Cabinet minister for health and family welfare.

Rudy takes charge in ‘borrowed space’
Wed, Nov 12, 2014

The Cabinet Secretariat had, through a notification on July 31, finalised the work allocation for the ministry.

Govt sets ball rolling for its first full Budget; black money to be key focus
Tue, Nov 11, 2014

Growth, curbing deficit & definite time frame on Goods and Services Tax.

India to push for BEPS talks at G20 meet
Mon, Nov 10, 2014

Modi is scheduled to attend the two day G-0 Summit where heads of states of the grouping will finalise the Brisbane Action Plan.

At G20 meet, govt aims to place jobs development, on top
Mon, Nov 03, 2014

The G20 Summit is scheduled to be held on November 15-16 in Brisbane where heads of states of all members of the grouping will finalise the Brisbane Action Plan.

Eight key sectors see fastest employment growth, create direct jobs
Sat, Nov 01, 2014

As many as 1,82,000 jobs were created in these eight sectors including textiles, IT and automobiles during April to June 2014.