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Modi govt 2.0 sets sights on making India USD 5 trillion economy

Finance Minister Nirmala Sitharaman, in her budget speech, said in the current fiscal, India's economy will grow to become USD 3 trillion economy, sixth largest in world.

GST Council to decide on tax cut on EVs this week

To push domestic manufacturing of e-vehicles, the Centre proposed to the Council to slash GST rates to 5 per cent from 12 per cent.

What is the last date to file income tax return?

The last date to file income tax return (ITR) varies for different categories of taxpayers. For individuals, Hindu Undivided Families (HUF) and those taxpayers whose accounts are not required to be audited, the last date of filing ITR for the financial year (FY) 2018-19 is July 31, 2019.

CAG flags irregularities in UP excise department

Undue advantage also accrued to wholesalers and retailers (in case of IMFL) to the tune of Rs. 1,643.61 crores due to higher Ex Distillery Price (EDP).

How an in-house e-commerce platform has revolutionised government procurement

Rolled out in 2016, GeM is a platform to make govt procurement cashless, contact-less and paperless.

Why India's water problems won't just evaporate into thin air

India has 16% of the world's population and only 4% of the world's water resources at its disposal.

Financial architecture as the underpinning for BIMSTEC policy

​​The "Economic Cooperation" aspect of BIMSTEC is one in which India can contribute significantly by helping to create the financial architecture.

No separate law yet to ban cryptocurrency in India: Anurag Singh Thakur

The minister’s response comes at a time when the Supreme Court is set to hear a case related to the ban on cryptobanking next week.

Niti Aayog invites bids for development of National Data and Analytics Platform

The NDAP project will be implemented through public private partnership on Design, Build, Operate and Transfer (DBOT) basis.

Select BPO services won’t be subject to GST: Government

“The clarification will help in settling most of the frivolous objections regarding export of services in case of intermediary services,” said Bipin Sapra, partner, EY.

Why management consultants might be the best foreign aid for a country like India

Business managers in economic models are assumed to be rote, focused on maximizing profits & minimizing costs.

Govt asserts subsidy for EVs only for commercial vehicles, not personal usage

Govt asserts subsidy for EVs only for commercial vehicles, not personal usage

Under the Rs 10,000-crore FAME scheme, subsidy on EVs are given to three- and four-wheelers.

View: Why Raghuram Rajan is wrong about foreign currency debt

View: Why Raghuram Rajan is wrong about foreign currency debt

A foreign currency denominated sovereign bond, issued in modest quantities would have a salutary effect on the external rating and pricing of the Indian sovereign credit risk, and a step in the right direction.

Govt to set up Credit Guarantee Enhancement Corporation with Rs 20K-Cr capital

Govt to set up Credit Guarantee Enhancement Corporation with Rs 20K-Cr capital

Finance minister Nirmala Sitharaman had announced in the budget for 2019-20 that such an entity would be set up to increase sources of capital for infrastructure financing.

Former CEA rubbishes government arguments; sticks to claim of India overestimating GDP growth

Former CEA rubbishes government arguments; sticks to claim of India overestimating GDP growth

In a new paper 'Validating India's GDP Growth Estimates', the former CEA said he had indicated his doubts on the growth numbers in the Economic Survey in 2015 as well as mid-year Economic Analysis.

View: India needn’t worry about the ‘middle-income trap’

View: India needn’t worry about the ‘middle-income trap’

​India doesn’t have a middle-income trap problem. It has a problem of muddled thinking on economic policy.

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