Shruti Srivastava

Articles By Shruti Srivastava

Govt plans to set up fund to power capital goods sector

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

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

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

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

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

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

Unresolved trade pact: India to meet EU in Jan

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

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?

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

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

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

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

Coming soon: More disclosures for MNCs in India

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

GST slugfest: Coming a full circle

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

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

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

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

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

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

Healthcare to Swachh Bharat, how firms spent CSR funds

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.