Government policies
India bans potassium bromate as food additive
22 Jun 2016
Arrest wilful defaulters, sell assets, CBDT tells taxmen
22 Jun 2016
The provisions of arrest, detention and auctioning of assets against tax evaders have rarely been used so far, but now the tax board has told its officers to freely use these stringent provisions
FDI norms eased further; new reforms open up the economy
20 Jun 2016
Almost all sectors the country’s economy, including aviation, e-commerce, defence and pharmaceutical, are now open to 100-per cent foreign direct investment, making the country the most open economy in the world
New civil aviation policy focuses on connectivity, cheaper travel
15 Jun 2016
Any airline that has a fleet of over 20 aircraft or deploys 20 per cent of its capacity on domestic routes can now fly overseas while domestic travel will cost a maximum of Rs2,500 for an hour
Modi govt pushing big reforms to take India to the big league: Jaitley
02 Jun 2016
He said India would be able to remain the fastest growing economy if the nation can present itself as a society which evolves from an emerging economy and moves towards a more developed economy
Black money compliance window opens
02 Jun 2016
Google tax, Krishi Kalyan Cess to compound service tax burden
01 Jun 2016
While a 0.5 per cent cess will take service tax rates to 15 per cent for most services, a 6 per cent “Google tax” on cross-border digital transactions will place a new burden on e-commerce start-ups
India’s new capital goods policy targets 21 mn new jobs by 2025
25 May 2016
The policy targets increasing capital goods production from Rs2,30,000 crore in 2014-15 to Rs7,50,000 crore in 2025 and raising the share of capital goods in total manufacturing activity to 20 per from 12 per cent
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