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Policy-Economy-News-The Economic Times

Latest News on Indian Trade, Monetary and Industrial Policy. Also has news and analysis on Government Policy on Industries, Housing, Labour, Investment-Domestic and Foreign.

Last Build Date: Tue, 25 Apr 2017 14:32:52 GMT

Copyright: Copyright:(C)2017 Bennett Coleman & Co. Ltd,

Bring agriculture income under tax net, says NITI Aayog member

Tue, 25 Apr 2017 12:18:16 GMT

(image) The effort, he said, would widen the tax base and more funds could be made available for the social sector schemes.

GST to boost domestic manufacturing, won't up inflation: Hasmukh Adhia

Tue, 25 Apr 2017 12:16:44 GMT

(image) The government levies countervailing duty (CVD) and special additional duty (SAD) on imported goods to protect domestic manufacturers.

Consultation paper on spectrum auction in 15 days: Trai

Tue, 25 Apr 2017 11:12:42 GMT

(image) "We expect to issue it (consultation paper on spectrum price) in about 15 days," Trai Chairman R S Sharma told reporters on the sidelines of FTTH APAC Conference here.

GST to rate taxpayers, businesses on payment record, make ratings public

Tue, 25 Apr 2017 11:02:05 GMT

Every businessman will be rated based on their track record, and the ratings will be made public. It will spell trouble for those with low scores.

COAI for spectrum auction only in late-2018, early next year

Tue, 25 Apr 2017 10:11:34 GMT

(image) The comments follow telecom regulator Trai's announcement that it may start the consultation process for the next round of spectrum auction in about a fortnight.

Professionals may face GST as 'casual taxable persons'

Tue, 25 Apr 2017 10:01:57 GMT

(image) If you work in Delhi but provide a service to someone living in Mumbai, you will have to register under GST in the state of Maharashtra.

Waiving agricultural loans could cost 2% of GDP: CEA Arvind Subramanian

Tue, 25 Apr 2017 08:04:08 GMT

(image) The government is grappling with the challenge of how to waive the debt of the private sector, which is a political issue now, the CEA said.

Italian Trade Mission explores investment opportunities riding on efforts to implement GST

Tue, 25 Apr 2017 06:40:27 GMT

(image) Italy is sending their biggest trade delegation to India this week eyeing greater participation in machinery, automative, ICT, infra and textile.

Where would Apple, IBM be if not for talent from across globe: Urjit Patel

Tue, 25 Apr 2017 04:50:25 GMT

(image) The RBI Governor noted that using trade instruments for protectionism may take a nation on a trajectory different from that of growth.

Modi government plans major policy push to promote e-vehicles

Tue, 25 Apr 2017 01:32:31 GMT

(image) While Indian manufacturers are keen on being part of the initiative, most of the overseas ones favour hybrid technology, said an official involved in the process.

Make paperwork under GST simple, says advocates' body

Mon, 24 Apr 2017 11:21:40 GMT

(image) "The draft GST rules have prescribed detailed paperwork for maintenance of records for GST purposes, which are highly complex and cumbersome," AITAF President MK Gandhi said.

NITI's vision: Houses, vehicles, ACs for all by 2032

Mon, 24 Apr 2017 10:40:15 GMT

(image) The India 2031-32: Vision, Strategy and Action Agenda also visualises a fully literate society with universal access to healthcare.

Why Modi is willing to dump a 150-year-old practice to drive India

Mon, 24 Apr 2017 10:25:38 GMT

(image) The prime minister is pushing for a January-to-December fiscal year instead of the current financial year — from April to March — that was adopted in 1867.

Display foodgrain subsidy at ration shops: Centre to states

Mon, 24 Apr 2017 09:48:16 GMT

(image) Paswan further said the states have been asked to prominently display the foodgrains subsidy on a board at all ration shops for public awareness.

16 states opt for Centre's e-procurement platform

Mon, 24 Apr 2017 07:22:19 GMT

(image) States such as Bihar have used the online platform for aggregation of orders for smartphone purchase in a bid to get the best price in a transparent fashion.