Growth of GST collections has slowed since Q4FY19, in line with the fall in corporate tax collections, indicating the impact of sluggish economic growth.
An eloquent account of how public policy needs urgent re-imagination
The introduction of the IBC marked a structural change in the resolution architecture in India. The shift to a time-bound resolution process was a tool to help tackle the bad loan problem.
The journey of economists from university campuses to the White House
In other words, despite the Modi government’s emphasis on digital payments and a less-cash economy, the official printing presses are churning out more currency notes than before, both in volume and value terms.
The Centre has asked the 15th Finance Commission to examine whether a separate mechanism for funding of defence and internal security should be set up. What are the implications for the finances of the states?
FM surprised all by announcing a marginal decline from 3.4% to 3.3%. How will it be achieved? Will it affect the flow of funds between Centre and states? Will it come at the cost of capital expenditure by PSUs?
Union Budget 2019: The bond markets has reason to cheer given the huge borrowing programme of the government. The relief was reflected in the10 year bond yields which fell below 6.6 per cent and closed finally at 6.69 per cent.
How has the first-time finance minister, Nirmala Sitharaman, scored on her debut? Has the first Budget of PM Narendra Modi’s second term laid the foundation for achieving the goal of making India a $5-trillion economy by 2025? Will the Budget address the pressing concerns of the Indian economy? The Indian Express cuts through the clutter.
The Survey's recommendations, in line with the revised code, entail fixing minimum wages based on either the level of skill — different wages for the unskilled, semi-skilled, skilled and highly skilled — or the geographical region, or both.