New Delhi, (IANS) : Union Minister of State for Finance Arjun Ram Meghwal on Thursday said the transition towards digital and cashless economy will boost India’s GDP numbers and also help prevent tax evasion and move towards compliance. “Digital and ...
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Feed SubscriptionNational pension plan to get boost post-2017-18 Budget
New Delhi, (IANS) : A national pension regulator on Wednesday said that it is expecting a major boost in terms of the New Pension Scheme (NPS) subscribers in 2017-18. Pension Fund Regulatory and Development Authority Chairman Hemant Contractor said this ...
Read More »Sowing increased by 7% in demonetisation period, says Agriculture Minister
Kolkata, (IANS) : Union Agriculture Minister Radha Mohan Singh on Monday said sowing operations during the demonetisation period increased by seven per cent as compared to the year-ago period. “During November 8 to December 30, 2016, sowing operations increased by ...
Read More »Oil firms’ merger will face big challenges: Fitch
New Delhi, (IANS) : The proposed merger of the Indian state-run oil and gas companies would face significant execution challenges in managing integration of employees, addressing overcapacity in the merged entity and getting support for the merger from private shareholders, ...
Read More »Union Budget: Industry, experts want corporate tax slashed to 25%
New Delhi, (IANS) : In a bid to attract more investments in the country, both India Inc and analysts are looking for an immediate cut in the corporate tax to bring it down to 25 per cent in the upcoming ...
Read More »Restrict corporate tax at 25%: PHD Chamber to FM
New Delhi, (IANS) : In its pre-budget proposals, PHD Chamber of Commerce and Industry has asked Finance Minister Arun Jaitley to restrict corporate tax at 25 per cent with cesses and surcharges from 2017-18. “Corporate tax rate should not be ...
Read More »Moody’s upgrades India power sector outlook
New Delhi, (IANS) : A Moody’s Investors Service-ICRA report on Thursday upgraded the outlook for the Indian power sector to “stable” over the next 12-18 months with a Baa3 positive rating, saying it reflects sustained improvement in domestic coal availability. ...
Read More »Positive global cues, bargain hunting lift equities markets
By Rohit Vaid, Mumbai, (IANS) : Positive global cues, along with rupee appreciation and attractive value propositions, aided the Indian equity markets in making modest gains during the trade week ended Friday. However, the gains were capped due to the ...
Read More »High growth, maiden policy propel aviation sector
By Rohit Vaid, New Delhi/Mumbai, (IANS) : A maiden integrated policy and over 20 per cent month-on-month traffic growth gave wings to the country’s civil aviation sector in 2016. The sector reaped benefits out of a rise in domestic disposable ...
Read More »Government allows coal swap between state-run, private companies
New Delhi, (IANS) : In a move to improve fuel availability and cut its transportation cost, the government on Wednesday allowed swapping of coal between public sector and private sector companies. “Only today (Wednesday) I have approved the proposal. Henceforth, ...
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