-The Indian Express A cut in personal income tax or GST slabs would have spurred the Economy more in the short term but the corporate tax cut is beneficial for the Economy in the long term. Finance Minister Nirmala Sitharaman’s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian Economy that has been struggling with growth deceleration. According to reports, the government has cut the...
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No GST relief for automobiles
-The Hindu Aadhaar link for registration proposed Panaji: From October 1, taking the family for a holiday is set to become a more economical affair, but the consumption of energy drinks will become more expensive, following a marathon meeting of the Goods and Services Tax (GST) Council that lasted nearly nine hours on September 20. While the tax rates were tweaked up or down for several goods and services, the Council left...
More »Food ministry pushes for increase in allocation of subsidised food grains -Rituraj Tiwari
-The Economic Times NEW DELHI: The food ministry has revived the proposal to increase by 2 kg each the allocation of subsidised food grains to 810 million poor people covered under the National Food Security Act. Food minister Ram Vilas Paswan has written to Prime Minister Narendra Modi seeking his approval for this proposal, which has been lying before the Cabinet for some time. If the proposal gets clearance, it will help the...
More »Can the spirit of California's gig Economy bill spread to India? -Gayatri Nair
-TheWire.in For right and wrong reasons, the current dispensation celebrates the creation of any form of employment in India, regardless of quality. The state of California recently passed a landmark bill that has the potential to unleash a systemic change in the gig Economy. On the back of a recent judgement by the California Supreme Court, Assembly Bill 5 has legislated that workers in the gig Economy be classified as workers and...
More »Govt proposes to hand over EPFO corpus of Rs 10 lakh crore to a central body
-The Economic Times Labour ministry proposes to hand over reins; dedicated funds for provident fund, pension & insurance schemes to be administered by a Central Board. NEW DELHI: The labour ministry has proposed to hand over control of the over Rs 10 lakh crore corpus of provident fund, pension and insurance schemes under the Employees’ Provident Fund Organisation (EPFO) to a central body, which will have a central government-appointed chairman. Unlike the...
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