The meeting discussed sectors that could benefit from loan restructuring scheme and Sitharaman asked banks to give feedback on the scheme. Read more »
The economies of a dozen states are under strain due to non-payment of GST dues. This has forced them to cut capital expenditure and delay salary payments. Read more »
There is no provision for NPOs to reserve funds for unforeseen disasters. So, they need to create a pool of disaster reserve funds along with corporates. Read more »
Faceless e-assessment is a great idea, but it is essential to offer personal hearings to taxpayers when the assessment order contains negative references. Read more »
Honouring the honest: Another area of taxation crying out for automation support and fair queuing is the one involving grant of concessions and reliefs. Read more »
Covid-19 has hit tax collections, but the situation will improve in terms of both the number of taxpayers and revenue collections, once the pandemic is under control. Read more »
The shape of economic recovery in India and the developed nations will differ based on the economy and the way the governments respond to the coronavirus. Read more »
Economists have warned a repeat of 2010 when the RBI's targeting of CPI inflation led to an industrial slowdown. They say WPI is more relevant for the industry. Read more »
Gross domestic product is a narrow and an inadequate metric to capture the holistic and true value of health investment, leading to economic wellbeing. Read more »
In the transition from lockdown to normalcy, there will be logistics problems, supply chain disruptions and market fragmentation that need to be tackled. Read more »