Pradhan Mantri Vaya Vandana Yojana
Cabinet approves Doubling of Investment Limit for Senior Citizens from Rs. 7.5 lakh to Rs.15 lakh under Pradhan MantriVayaVandanYojana (PMVVY)
Budget 2018 analysis : Priority to Rural India and Health
Finance minister presented the annual financial statement (Budget) with more focus on Farmers, health and education.
Industry seeks clear Artificial Intelligence (AI) policy
The industry sought clearly defined policy priorities and access to ‘clean data’ for application of AI.
Mauritius largest source of FDI in India : RBI
According to the census by RBI, Mauritius was the largest source of foreign investment in India, followed by the US and the UK.
Centre to tweak Capital gains tax rules
Government is expected to tweak rules relating to taxation of capital gains from shares and increase the holding period for long term capital gains from shares to over two years from one year at present.
GST rate cut for more items
The Goods and Services Tax Council (GST Council) cut tax rates on 29 products and 54 services at its 25th meeting and agreed to make the process of filing tax returns simpler.
Direct tax collections jump 18.7% this fiscal
Direct tax collections during the first nine and¬ a ¬half months of the current fiscal have risen by 18.7% to Rs.6.89 lakh crore.
Thermal power plants facing water shortage
According to a new report by the World Resources Institute (WRI), India’s thermal power plants, about 90% of which rely on fresh water for cooling, facing serious shortage of water.
Centre signs pact with CII for logistics
The Logistics Division of the Commerce Ministry signed an agreement with industry body CII to address challenges facing the country’s logistics sector and help take measures to bring down costs.
India ranks 30th on WEF global manufacturing index
The World Economic Forum (WEF) has ranked India at 30th position on a global manufacturing index.