Anil Sasi

Anil Sasi is a Senior Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.

Articles By Anil Sasi

Commerce Ministry relaxes Angel Tax norms for startups

The move, which is to ensure availability of funds for startups, follows concerns regarding the taxation of angel investments in this sector. The Central Board of Direct Taxes will notify the changes separately.

DGTR to revisit anti-dumping rules amid surging Chinese steel imports

The concerns raised by the domestic steel lobby focus largely on the Chinese non-alloy steel being imported in the country that is presumably being misdeclared as alloy steel, which otherwise is value-added and expensive steel.

India withdraws Pak trade status: May not hurt much but sends out stern signal

While the withdrawal is the first tangible punitive step in what could be an escalatory ladder, its impact on trade is unlikely to be substantial given the low volume — consistently under $2.5 billion on an annual basis.

Andhra Pradesh move to re-open PPAs takes the wind out of RE projects

Worries that others states could follow suit; could lead to fresh wave of NPAs.

If back, won’t scrap, will buy more Rafale at better rate: P Chidambaram

Senior Congress leader P Chidambaram said the choice of offset partner was “indeed an issue”, but the “most critical issue” was the number of aircraft and the price and the delivery schedule.

On GST Council table: Tax relief for real estate, duty relaxation for exporters

The proposal was discussed in 26th GST Council meeting in March last year and since many technical, legal and administrative issues were identified, its implementation was put on hold.

NPCIL gets big funding push after payments delay to Russians

As against the budget estimate of Rs 1,665 crore for 2018-19, the revised estimates show an allocation of Rs 4,665 crore under the capital head.

Farm income support a major policy shift: Economic Affairs Secretary

The policy for supporting farmers have moved from growth itself taking care of farmers, to interventions like farm subsidies and Minimum Support Prices, and now to direct income support, Garg said.

On fiscal roadmap, not left with large amount that needs consolidation: Economic Affairs Secy

The government presented it as an interim Budget, but it had the substance and feel of the full Budget.

Budget 2019: Half of households are target; PM Modi calls it trailer

In this budget, two critical voter segments were targeted: an estimated 12 crore farmer families and 3 crore middle-class taxpayers. It handed them more money that can spur consumption-led growth.

Kudankulam: Nuclear power utility struggles to repay Russia for supplies

The sanctioning of lower than requisite funds comes at a time when NPCIL’s budgetary support requirement has gone up in light of the utility taking up 10 new projects that had been cleared by the government in May 2017.

Startup India: In first 30 months, 88 of 2,197 ventures got tax exemption

If the number of startups that had been recognised under the scheme is taken into account, the gap between the Startups recognized under the scheme and those that actually ended up receiving exemptions is far wider.

10 per cent quota: Pool of jobs in govt, banks shrinking steadily

The latest data compiled by the Department of Personnel and Training (DoPT) on recruitment over the last three years through the main agencies show a declining trend in selection and recruitment, from 1,13,524 cumulatively in FY2015 to 1,00,933 in FY2017.

Universal Basic Income: The ‘money for nothing’ idea

What is the idea of Universal Basic Income that the Economic Survey found ‘conceptually appealing’, and which Sikkim intends to implement? Whom does it benefit, and whom can it harm? In what ways?

As royalty payments head north, a policy clamp down in the offing

IMG report on ‘Outflow of Royalty’ under consideration; Restrictions likely to be announced soon.

Google now ready to give public ‘flood alerts’

A month after the devastating Kerala floods, Google sent out a set of flood-warning alerts early September as part of pilot project in eastern India

Will hold firms liable if staff offer namaz in public: Noida police

According to a notice issued last week by police stations in Noida, including at the Sector 58 industrial hub, companies will be held liable if their employees are found violating the directive.

Meghalaya govt sought a way around NGT ban on coal mining

At the time the NGT ban came into force, it is estimated that nearly six million tonnes of coal were being extracted annually from Meghalaya’s illegal mines.

A fifth of India’s people now ruled by Congress, BJP’s share falls under half

The number of states ruled by the BJP — which has constantly increased its national footprint since the 2014 Lok Sabha elections — is now down to 16.

Australia scripts a fresh template for navigating the India economic challenge

Around 19,000 Australian companies currently export to New Zealand as against just about 2,000 that export to India.

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