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GST to make India a simpler, more revenue generating economy: Amitabh Kant
"GST will make India a formal, easier & simpler, a more revenue generating economy & 1 tax, 1 country economy. Will give a push 2 #MakeinIndia," Kant said in tweet.
Government mulls FDI norms easing in print media, construction, retail
Currently, foreign investment is allowed in areas such as printing of newspapers and publishing of scientific magazines with certain conditions and FDI caps.
Fresh plan to let PSBs take bigger haircut on bad loans
Bad loans of state-run banks grew more than Rs 1 lakh crore in the first nine months of this financial year to Rs 6 lakh crore by December 31, 2016.
BRICS makes a case for strong quota-based and resourced International Monetary Fund
"We reaffirm our commitment to a strong, quota based and adequately resourced IMF. Borrowed resources by the IMF should be on a temporary basis," stated Goa Declaration on 8th BRICS Summit
Government welcomes RBI's 25 bp repo rate cut
Das wrote on the microblogging site that the rate cut will “contribute to growth” and that it will “facilitate the move towards a low cost economy”.
Unfair to call Trai biased for simply floating consultation paper: Manoj Sinha
Sinha clarified that the Department of Telecommunications hadn’t washed its hands off the dispute over interconnect points by directing the telcos to approach the regulator.
Industry chambers meet Hasmukh Adhia to discuss model GST law
The chamber suggested that provisions which may lead to unwarranted disputes in future may be given a re-look before finalising the law.
Make in India: Incentive package for leather sector on the anvil
The incentives will be broadly on the lines of recently announced package for the textiles sector. Leather is a focus area under the 'Make in India' initiative.
Chhattisgarh govt disburses Rs 924 cr interest free loan to 3.5 lakh farmers
The distribution of short-term agriculture loans for Kharif season was started from this April 1, while the target is to disburse nearly Rs 2,800 crore.
Government plans to sell its books directly via Amazon, Flipkart
The process is likely to start with the annual ‘India’ compendium followed by another 150 books. It also plans to start selling digital versions at a 25% discount.
PM Narendra Modi to have dinner meeting with Council of Ministers tomorrow
Modi has invited members of his entire Council of Ministers for a dinner meeting tomorrow, an occasion he could utilise to review the work done by various ministries and departments.
Companies Act amendments likely for clarity on CSR norms
A government-appointed high level panel recently submitted recommendations on CSR norms to the Corporate Affairs Ministry, which is implementing the Act.
High level panel suggests uniform tax treatment for CSR works
A high level committee has recommended leniency for companies not complying with Corporate Social Responsibility provisions of Companies Act 2013.
CSR spends: Government expects data collation by year-end
Central govt expects to collate the data on corporates' CSR spending activities under the new companies law by end of this year.
Government appointed CSR panel gets more time to submit report
The Corporate Affairs Ministry said the "committee has been granted extension of another one month with the approval of the Union Minister".
Economic Times CSR Compendium: Ministers urge India Inc to help NGO efforts
Suresh Prabhu said that if the management of India Inc and commitment of social activists were pooled, it could truly transform the social sector of the country.
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