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Govt borrowings: FinMin to meet with RBI on March 18
The net borrowing has been targeted at Rs 4.25 lakh crore for the next financial year.
Fri, Mar 11, 2016
Private placement: RBI plan gets FinMin backing
Bond will be issued by electricity distribution companies as non-SLR grade.
Fri, Mar 11, 2016
Lower tax penalty: Litigation may reduce, but grey areas remain
The Centre has decided to lower the maximum penalty rates to reduce the high rate of tax litigation, but experts feel that discretion of assessing officer is one of the important areas that go unattended.
Tue, Mar 08, 2016
Post-GST rollout, govt to levy cess sparingly: Hasmukh Adhia
Revenue Secretary Hasmukh Adhia said levy of cesses will be sparingly done after the goods and services tax (GST) is rolled out.
Thu, Mar 03, 2016
Long-term capital gains: Govt to review next year
In his Budget speech on Monday, Finance Minister Arun Jaitley said GAAR will be implemented from April 1, 2017.
Thu, Mar 03, 2016
Strategic Disinvestment: PSU sell-offs to be monitored by external body
Niti Aayog has been given the responsibility of identifying state-owned companies for stake sales.
Wed, Mar 02, 2016
Budget 2016: Lower corporate tax at 25% for new mfg units
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.
Tue, Mar 01, 2016
Budget 2016 | Undisclosed asset declaration: Window for domestic taxpayers
The window under this Income Disclosure Scheme will be opened from June 1 to Sept 30, 2016.
Tue, Mar 01, 2016
Budget 2016: CPSEs to monetise idle assets; Disinvestment Dept renamed
Over half of disinvestment target for 2016-17 is estimated to come from minority stake sales of PSUs
Tue, Mar 01, 2016Aadhaar gets statutory status; Centre to bring Bill in two days
The Centre is set to introduce the Aadhar Bill in Parliament over the next couple of days to give the platform a statutory backing.
Tue, Mar 01, 2016
Down to the wire, Finance Minister to meet economists
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.
Thu, Feb 25, 2016
Corporate tax exemption cuts may start with SEZs
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.
Wed, Feb 24, 2016
States raise red flag on Centre’s move to monitor funds online
The upcoming Budget is likely to feature an announcement on rolling out the system across all states by the next financial year.
Fri, Feb 19, 2016
BharatNet project: Despite push, need right course for ‘right-of-way’
Lack of clarity on ironing out hurdles in acquiring right-of-way is a major glitch in Centre’s broadband connectivity programme.
Wed, Feb 03, 2016
Govt may sell stake in three blue chip firms to raise funds
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.
Sat, Jan 30, 2016Breather for small taxpayers: Proposals could be incorporated in Budget ’17
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.
Fri, Jan 29, 2016
Govt to allow Google, Microsoft pilots to expand Internet reach
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.
Sun, Jan 31, 2016
National Optical Fibre Network Rollout: Centre’s nod to some states going solo, bid to push rollout
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.
Wed, Jan 13, 2016
India Post posts profits on e-commerce boom
In August 2015, the Reserve Bank of India had granted in-principle approval to 11 applicants to set up payments banks, including India Post.
Mon, Jan 11, 2016
Digital India will take off on the strength of call centres in small towns: Ravi Shankar Prasad
Prasad is now focussed on turning around two state-owned enterprises — telecom utility Bharat Sanchar Nigam Ltd and India Post.
Mon, Jan 11, 2016
Reforms undertaken by the Modi government to show results now: Harshavardhan Neotia
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.
Thu, Jan 07, 2016
Baseline Scenario: After a gloomy mid-year picture, RBI’s brighter growth forecast for FY17
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.
Tue, Jan 05, 2016
Telecommunication: Wider networks
One thing that didn’t happen Call drops and net neutrality, big issues last year, remain unresolved debates heading into 2016.
Fri, Jan 01, 2016
Uday scheme: Bailout may swell fiscal deficit of states, Centre to around 8.5% of GDP
From 2017-18, the SEBS’ losses will have to be taken over by the states without any relief on the FRBM front.
Wed, Dec 23, 2015Fiscal consolidation: New realities demand revised goalsheets
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.
Tue, Dec 22, 2015