Financial sector players demand reduction in GST on term insurance in Budget
In their pre-Budget consultations with Finance Minister Nirmala Sitharaman, stakeholders from the financial sector demanded a reduction in Goods and Services Tax (GST) levied on term insurance, in order to…
How IT, communication can boost sustainable farming in India
Agriculture has been recognised as the core of the Union budget for the year 2019-20. The Government of India has planned to invest widely in agriculture infrastructure to provide assured…
Horticultural Crop Production Surpasses Food Grain Productions
The Government’s proactive policies and farmers’ untiring efforts ensured the horticultural crop production to surpass the food grain productions for 5 consecutive Years. Dr. A.K. Singh, Deputy Director General (Horticultural…
Economic Advisory Council of Fin Comm discusses GST stabilisation, tax collection issues
Economic Advisory Council of the Fifteenth Finance Commission on December 16 discussed issues related to GST stabilisation and possible ways to improve tax collection for additional resource mobilisation. “Advisory Council…
India’s stand at RCEP to help vulnerable sectors: Commerce Ministry
India’s stand not to join the Regional Comprehensive Economic Partnership (RCEP) deal will help vulnerable sectors, including dairy and farmers as well as small manufacturers who would have been “threatened”…
Discoms’ outstanding dues to power gencos rise 48% to Rs 81,010 crore in October
Power producers’ total outstanding dues owed by distribution companies rose around 48 per cent to Rs 81,010 crore in October 2019 over the same month last year, reflecting stress in…
Advantage for India as work-age population bulge to last till 2055: Naidu
Vice President M Venkaiah Naidu on Sunday said the “next 30 years” are crucial for India in terms of the demographic dividend as the “bulge” in the working-age population of…
Mandatory to link PAN-Aadhaar by Dec 31: I-T Dept
It is mandatory to link your PAN with Aadhaar by the end of this year, the Income Tax Department said in a public message on Sunday. “Building a better tomorrow!…
Regulation for vintage vehicles soon; number plates to display ‘VA’
In a respite for enthusiasts and collectors of vintage cars, classic vehicles of more than 50 years of age may flash special number plates and enjoy exemption from scrap page…
Morris Garages bullish on Indian automobile sector, to invest Rs 3,000 crore
Morris Garages (MG), a British automobile brand now owned by SAIC of China, is bullish on Indian market and plans to invest Rs 3,000 crore more in the country, a…