Direct tax collections in first half of current FY rise 15.8% percent
The Direct Tax Collections in the first half of the current fiscal shows growth of 15.8 per cent. Finance Ministry said, the provisional figures of Direct Tax collections up to…
Supreme Court’s judgment on right to privacy protects Aadhaar: Jaitley
AMN Finance Minister Arun Jaitley has said that the recent Supreme Court order on the Right to Privacy has laid down the correct exemptions, which protect Aadhar. Responding to a…
Petrol pump dealers call off Oct 13 strike
AMN / New Delhi Petrol pump dealers on Wednesday called off their proposed day-long strike on October 13, 2017 after state-owned oil firms warned them of strict action. State-owned oil…
PM Econnmic Council identifies 10 major issues to focus on
ANDALIB AKHTER / NEW DELHI The newly set up Economic Advisory Council to the Prime Minister (PMEAC) today identified ten major priorities for accelerating economic growth and employment generation in…
Indian economy on stronger track: Jaitely
AMN India’s Finance Minister Arun Jaitley has said that series of reforms like demonetisation and the GST, initiated by the Modi government has put the Indian economy on a far…
IMF trims India growth forecast for current financial year to 6.7 %
AMN The International Monetary Fund, IMF, has trimmed India’s growth forecast for Financial Year 2017-18 but expects a revival as structural reform bears fruit. In its latest World Economic Outlook…
India’s transition to GST fairly smooth despite attempts to derail it: Arun Jaitley
WEB DESK India’s Finance Minister Arun Jaitley has said that India’s transition to the Goods and Services Tax, GST regime has been fairly smooth despite attempts by Opposition parties to…
Govt makes Aadhaar mandatory for small saving schemes
The government has made biometric identification Aadhaar mandatory for all post office deposits, Public Provident Fund, National Savings Certificate scheme and Kisan Vikas Patra. Finance Ministry has issued four separate…
Govt removes gems, jewellery dealers from PMLA reporting requirement
AMN The government has removed gems and jewellery dealers from the purview of the reporting requirement under the Prevention of Money Laundering Act (PMLA). An official order said that the…
India’s coffee output at record 3.5 lakh tons in 2017-18
AMN Coffee output in India, is pegged to be a record 3.50 lakh tonnes in the 2017-18 marketing year started this month on higher acreage. According to the Coffee Board,…