Logic of notification about new one-rupee note
BY MADHU AGRAWAL It refers to Gazzatte Notification GSR 95(E) dated 07.02.2020 -Printing of One Rupee Currency Notes Rules, 2020- issued by Union Finance Ministry regarding further issue of yet…
Govt to invest Rs one lakh cr for infrastructure in next 5 years: FM
STAFF REPORTER Finance Minister Nirmal Sitharaman today said foreign investors continue to show confidence in India. Replying to discussions on Union Budget 2020-21 in the Lok Sabha, Mrs Sitharaman said…
Post Brexit: A new dawn for Indo-UK trade ?
By Asad Mirza The United Kingdom exit for the European Union (EU) on 31 January is being welcomed by Indian businesses operating in the UK as well as British businesses…
FM pitches for rationalisation of GST rates once a year
AMN / KOLKATA Finance Minister Nirmala Sitharaman has pitched for rationalisation of GST rates once a year, not every 3 months as was the trend so far. Interacting with Trade…
Exit-polls in Delhi call for PM to overhaul economic policy
By SUBHASH CHANDRA AGRAWAL Strong wave in favour of Aam Admi Party (AAP) as unanimously predicted by all exit-polls conducted by various agencies and TV news-channels despite full force induced…
IMF says Sri Lanka’s economy gradually recovering from last year’s Easter Sunday terrorist attacks
The International Monetary Fund (IMF) has said Sri Lanka’s economy is gradually recovering after Easter Sunday terrorist attacks last year with GDP growth projected at 3.7 percent in 2020. An…
Vivad Se Vishwas Bill to ease compliance by taxpayers tabled in Lok Sabha
Staff Reporter / NEW DELHI Minister for Finance Nirmala Sitharaman today introduced a bill in the Lok Sabha, The Direct Tax Vivad Se Vishwas Bill 2020, to provide for the…
Cabinet approves amendment to bring cooperative banks under control of RBI
Staff Reporter / New Delhi Union Cabinet has decided to bring Cooperative banks under the regulatory mechanism of Reserve Bank of India. Briefing media persons after the Cabinet meeting, Information…
Broader tax base would allow tweaking of tax rates: Chairman, CBDT
By ADITYA RAJ DAS / NEW DELHI The government today indicated that as the tax base gets broader, there is a chance of tweaking the tax rates as there is…
PMC Bank’s license not cancelled, also no merger request received: RBI
WEB DESK Reserve Bank of India has informed that the license of Punjab and Maharashtra Co-operative Bank, PMC, has not been cancelled and they have not received any request for…