Economy News

fm arun jaitley, india, taxpayers, tax to gdp ratio, budget 2017, tax evaders in india, budget 2017, modi govt

Budget 2017: FM Arun Jaitley provides insights on income tax collection in India

Tax compliance leaves a lot to be desired, says finance minister Arun Jaitley days before the presentation of Budget 2017.

Jan 9, 2017

Air India deemed 'third-worst' airline in the world, Israel's EI AI the worst

FlightStats has tagged KLM Airlines as the best airline for its on-time performance.

Jan 9, 2017

budget 2017, digital india, digidhan, Lucky Grahak Yojana, pm modi, fm arun jaitley

Budget 2017: Will there be a Digital Bharat Cess like the Swachh Bharat Cess?

Digital Bharat Cess on the lines of Swachh Bharat Cess and Krishi Kalyan Cess could be brought in Budget 2017 to drive digital payments.

Jan 9, 2017

Free Trade Wars: Assocham warns of export disruptions as Donald Trump ups the ante on free trade

The government must work for an effective lobbying to explain to the US policy makers how free trade would help both the countries, Assocham says.

Jan 9, 2017

india news, india fiscal deficit, modi govt, pm modi, modinomics

Tax collection rises sharply for April-December 2016: Modi Govt

Indirect tax collection is up 25 percent while direct taxes saw 12 percent growth, the Modi government said in a statement.

Jan 9, 2017

7th pay commission, pay commission news, elections to five states, up assembly elections 2017, modi govt, budget 2017

7th Pay Commission: Poll-bound states outsmart Modi Govt in wooing employees

Election-bound states announce implementation of pay commission recommendations to avoid violating model code of conduct.

Jan 9, 2017

People need not pay transaction charges for using credit and debit cards at petrol pumps, says government

Union minister Dharmendra Pradhan said on Monday the transaction fee issue would be resolved by banks and oil-marketing companies, which is their issue.

Jan 9, 2017

demonetisation, petrol pumps, paying by cash, petrol, diesel, petrol pump dealers

Karnataka petrol pumps to stop accepting debit, credit card payments from Monday

Petrol pumps have said it will be all cash until the banks withdraw the 1% transaction charge.

Jan 8, 2017

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Jaitley said just because banned notes have been deposited in the banks do not make them legitimate and the Revenue Department may tax this money.

Jan 8, 2017

Indian railways, budget 2017, suresh prabhu, railway stations, railway passengers, trains

Railways to set up ATMs on platforms; eyes revenues worth Rs 2,000 crore

Next week, Suresh Prabhu will launch the non-fare revenue policy that would offer various schemes for revenue-generating activities.

Jan 8, 2017

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Niti Aayog has constituted a committee to identify and operationalise user-friendly digital payment options across the sectors.

Jan 8, 2017

india, gdp growth rate for fy2017, india growth estimates, pm modi, fm arun jaitley, budget 2017, demonetisation

Rupee to fall to record low in 2017: Reuters poll

The rupee is expected to fall to a record low against the US dollar in 2017, a Reuters poll has found.

Jan 8, 2017

PM Modi's demonetisation decision could strip India of 'world's fastest-growing economy' tag

GDP growth estimates for Q3 and Q4 of 2016-17 are pegged at around 6 percent, bringing a buoyant India closer to a weak China, due to demonetisation.

Jan 7, 2017

Ivory trade ban: Can China crush its 'intangible cultural heritage'?

With Chinese loving ivory for luxury and medicinal use, it's easier said than done for China to shut down its legal ivory carvers and suppliers.

Jan 6, 2017

Ministry of Finance building in New Delhi

India, Kazakhstan agree to amend two-decade old tax treaty

Under the new amendment, information exchanged between the two countries can be shared with other law enforcement agencies.

Jan 6, 2017

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Economy News

Budget 2017: FM Arun Jaitley provides insights on income tax collection in India

Air India deemed 'third-worst' airline in the world, Israel's EI AI the worst

Budget 2017: Will there be a Digital Bharat Cess like the Swachh Bharat Cess?

Free Trade Wars: Assocham warns of export disruptions as Donald Trump ups the ante on free trade

Tax collection rises sharply for April-December 2016: Modi Govt

7th Pay Commission: Poll-bound states outsmart Modi Govt in wooing employees

People need not pay transaction charges for using credit and debit cards at petrol pumps, says government

Karnataka petrol pumps to stop accepting debit, credit card payments from Monday

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Railways to set up ATMs on platforms; eyes revenues worth Rs 2,000 crore

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Rupee to fall to record low in 2017: Reuters poll

PM Modi's demonetisation decision could strip India of 'world's fastest-growing economy' tag

Ivory trade ban: Can China crush its 'intangible cultural heritage'?

India, Kazakhstan agree to amend two-decade old tax treaty

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react