-PTI As much as 99 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, RBI said today, prompting opposition to question the efficacy of the government's unprecedented note ban decision to curb black money and corruption. The Reserve Bank, which has so far shied away from disclosing the actual number of junked currency deposited after November 8 last year, said in its Annual Report...
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Govt mulling 2% relief on GST for digital payments -Pankaj Doval
-The Times of India NEW DELHI: You may soon need to shell out less if you pay digitally. The government is looking at giving a 2% incentive over the applicable GST tax rate in case of digital payments where the bill is up to Rs 2,000, in a move aimed at discouraging cash payments. According to sources, the proposal - which may give the benefit in the form of a discount or...
More »Indian seafood exporters may go under scanner in EU, exports to be impacted -Nirmalya Behera
-Business Standard EU commission is dissatisfied both with non-compliance and lack of progress by Indian authorities Bhubaneswar: Indian seafood exports may come under inspection in the European Union (EU), the third-largest market of India, because antibiotics are being frequently found in them. Speculation among UK importers is rife that the EU is considering a ban on aquaculture products from India though there is nothing to support this. In 2016-17, the European Union accounted for...
More »Now the cows are home -Milind Ghatwai
-The Indian Express They are on the roads and in the fields. Farmers are worried, as are MLAs. 13 years after its anti-cow slaughter Act, Madhya Pradesh struggles with stray cows Nestled along a rocky hillock in Tikamgarh, this small village of about a thousand residents follows a fixed ritual at twilight. Before retiring for the day, the men of Dumbar herd cows wandering in the village’s lanes into a makeshift enclosure,...
More »Regulator turns up heat on erring CAs -Arun S
-The Hindu Complaints filed & punishment given, says institute chief. The Institute of Chartered Accountants of India (ICAI) has said 4,445 complaints have been registered against CAs as on June 30 this year, and punishment has been awarded in 402 cases until March 2017. The CA regulator, however, said it was pushing for amendments to the norms to help expedite action against wrongdoers in the profession. PM sought action This development comes within a...
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