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Economy

Sitharaman gives MSME sector a breather

August 24, 2019August 24, 2019 - by Abdul

Finance minister has announced several measures to provide some relief to Micro,Small and Medium Enterprises(MSMEs) sector. Finance Minister has announced that all pending Goods and Services tax(GST) dues for the …

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Economy

Escape from angel tax delights start-ups

August 24, 2019August 25, 2019 - by Abdul

Finance minister has announced that angel tax will not be applicable on startups that are registered with the Department for Promotion of Industry and Internal Trade(DPIIT). The move is likely …

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Economy

SEBI announces reward of Rs 1 crore to insider trading informants

August 24, 2019August 24, 2019 - by Abdul

Securities and Exchange Board of India(SEBI) has approved a detailed set of rules for the new ‘Informant Mechanism’ under its Prohibition of Insider Trading Regulations. However,these rules would only be …

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Economy

National Conference of Tourism Ministers

August 22, 2019August 22, 2019 - by Abdul

The National Conference of Tourism Ministers organized by the Union Ministry of Tourism was concluded successfully in New Delhi. The conference was inaugurated by Union Minister of State for Tourism …

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Economy

Tirur Vettila obtains GI tag

August 22, 2019August 22, 2019 - by Abdul

Geographical Indication Registry of India has accorded Geographical Indication(GI) tag to Tirur Vettila. Tirur Vettila is a betel leaf.It is produced in Tirur and nearby areas of Malappuram district,Kerala. Tirur …

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Economy

What an inverted yield curve means

August 22, 2019August 22, 2019 - by Abdul

Recently,United States and UK yield curves had inverted for the first time since 2007 and 2008 respectively.This has led to the fear of global recession in the coming future. The …

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Economy

Economy shows further weakening, needs larger push: Shaktikanta Das at MPC meet

August 22, 2019August 22, 2019 - by Abdul

The RBI has released the minutes of the monetary policy committee (MPC) meeting. During the meeting,RBI governor said that RBI had to cut the repo rate by an unconventional 35 …

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Economy

IMF warns against rate cuts, currency intervention to improve trade balance

August 22, 2019August 22, 2019 - by Abdul

The International Monetary Fund(IMF) has warned the United States and China that higher bilateral tariffs are unlikely to reduce aggregate trade imbalances as they mainly divert trade to other countries. …

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Economy

Tax notices to soon carry an identification number

August 21, 2019August 21, 2019 - by Abdul

Central Board of Direct taxes(CBDT) has said that all communications made by the tax department to tax assessees from October 1,2019 will have to carry a Document Identification Number(DIN). Document …

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Economy

Committee submits report on replacing I-T Act with Direct Tax Code

August 20, 2019August 20, 2019 - by Abdul

Government had constituted a committee to draft a new direct tax law to replace the existing Income Tax Act,1961.The committee was headed by Akhilesh Ranjan.It has submitted its report to …

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