GST Appellate Tribunal
The Union cabinet approved creation of national bench of Goods and Services Tax Appellate Tribunal.
Centre’s debt-to-GDP falls, States’ rises
According to the Status Paper on Government Debt for 2017-18, the Centre’s total debt as a percentage of GDP reduced to 46.5% in 2017-18 from 47.5% as of March 31, 2014.
ILO urges universal labour guarantee
The World leaders have been urged by an influential United Nations agency to sign up to a universal labour guarantee.
RBI policy paper on retail payment
The Reserve Bank of India proposed to relax norms for allowing new players in retail payment systems, hoping to boost innovation and competition.
No e-¬way bills for non¬-filers of GST returns soon
As per the official statement, non-filers of GST returns for six consecutive months will soon be barred from generating e-way bills for movement of goods.
India likely to surpass UK in world’s largest economy rankings: Report
India is likely to surpass the United Kingdom in the world’s largest economy rankings in 2019, according to a report by global consultancy firm PWC.
Inflation volatility is a challenge: RBI Governor
Amid a growing demand for a reduction in interest rate in the upcoming monetary policy review, RBI Governor said wide divergences and volatility in inflation pose challenges for its assessment.
Rural housing reaches only 66% target
The Pradhan Mantri Awas Yojana (Grameen) scheme to provide housing for the rural poor has achieved only 66% of its target to complete one crore houses.
Rupee pact with Iran to aid pharma exports
A rupee payment mechanism agreed upon recently by India and Iran.
Social security in unorganised sector
As per the official statement, government will assess the need for social security in unorganised sector.