Poised for Growth- The MSME Sector at a Glance
Minister of Micro, Small and Medium Enterprises (MSME) has said that in order to give a boost to the MSME sector, the Ministry would identify goods being imported by India …
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G20 Finance Ministers call for creation of digital tax
Recently,G20 finance ministers at a meeting Japan has agreed to compile common rules to close loopholes used by global tech giants to reduce their corporate taxes. Global technology firms such …
Read MoreIndia calls upon G-20 countries to urgently resolve issue of taxing profits made by offshore digital companies
During the meeting of G-20 finance ministers in Japan,Indian Finance Minister has called on G-20 countries to adopt principle of ‘significant economic presence’ to address challenges to tax profits made …
Read MoreGovt mulling tax on cash withdrawal of Rs 10 lakh a year
The government is planning to introduce a tax on cash withdrawals of Rs 10 lakh in a year.The government is planning this move to discourage use of paper currency, promote …
Read MoreRBI revises stressed asset resolution norms
The Reserve Bank of India(RBI) has issued a revised prudential framework for resolution of stressed assets. This revised circular was issued after Supreme Court had declared the RBI’s February 12 …
Read MoreDraft bill moots 10-year jail for crypto dealing
Government has introduced a draft bill on Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019. The draft bill says that anybody who mine, hold, transact or deal …
Read MoreSEBI, MCA sign pact for more data scrutiny
Ministry of Corporate Affairs(MCA) and the Securities and Exchange Board of India(SEBI) has signed a Memorandum of Understanding (MOU) for data exchange between the two regulatory organizations. The MoU comes …
Read MoreSBI to offer home loan linked to repo rate
State Bank of India(SBI) has announced to introduce a repo rate-linked home loan product from July 1,2019.This move seems to be in line with the RBI ‘s direction to the …
Read MoreIndians turn pessimistic as job worries weigh on confidence :survey
The Reserve Bank of India has released the results of the May,2019 round of its Consumer Confidence Survey (CCS). The survey was conducted in 13 Indian cities and was based …
Read MoreCII launches new Index to measure fiscal performance
Confederation of Indian Industry(CII) has launched a Fiscal Performance Index(FPI).The index is an innovative tool using multiple indicators to study the quality of Budgets at the Central and State levels. …
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