Finance - general
Rajya Sabha to take up GST bill on Monday
05 Dec 2015
There is now a greater chance of the proposed legislation on a unified sales tax regime getting nod of the Rajya Sabha as well, after a government-appointed panel backed a lower rate and simpler structure that the opposition Congress party too had demanded
GST panel suggests standard GST rate of 17-18%
04 Dec 2015
The committee noted that the more the exemptions that are retained in the GST bill the higher will be the standard rate: the broader the scope of exemptions, the less effective the GST will be
Chinese yuan to join IMF reserve currency basket
01 Dec 2015
More than anything, the move by the International Monetary Fund is seen as symbolic of the new world economic order and China’s growing clout
World’s biggest pension fund loses $64 bn on stock rout
01 Dec 2015
The fund’s decision last year to invest about 50 per cent in equities, as part of Prime Minister Shinzo Abe’s economic reforms, to generate higher returns for the country’s rapidly growing pension bill, recoiled on it
RBI to tweak gold monetisation scheme
28 Nov 2015
Falling investments could retard growth further, warns RBI governor
20 Nov 2015
Weak capital formation caused by a drop in investment has been a key factor behind India's struggle to realise its growth potential, says RBI governor Raghuram Rajan
SIT seeks action against `shell companies’
04 Nov 2015
G-20 endorses action plan to check corporate tax avoidance
10 Oct 2015
Conservative estimate by the OECD puts the amount of untaxed money moved by companies into tax havens at $100 billion to $240 billion annually, suggesting tens of billions of dollars in lost tax revenue
Rate cut no substitute for enterprise and innovation: RBI governor
19 Sep 2015
India must resist special interest pleas for targeted stimulus, additional tax breaks and protections, directed credit, subventions and subsidies, all of which have historically rendered industry uncompetitive, government over-extended, and the country incapable of regaining its rightful position amongst nations, Rajan said
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