-Livemint.com GST RATe cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November New Delhi: Things don’t augur well for the exchequer, with recent GST RATe cuts and a lenient implementation of the goods and services tax causing collections to slide further in December, posing a challenge to the government. Total GST collection of the central...
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Centre to dole out Rs 10,000 crore incentive for municipal reforms -Dipak K Dash
-The Times of India NEW DELHI: The Centre will dole out the biggest ever incentive of Rs 10,000 crore to municipalities and states in the next two years to push urban reforms. The housing ministry has put up the proposal before the Cabinet for approval. The ministry had introduced parameters for competition among states and municipalities last year and Rs 900 crore in incentives was disbursed based on their performance for two...
More »Three googlies make India's crime statistics deceptive -Atul Thakur
-The Times of India Here's a safe bet to make: the crime RATe in India's big cities will fall in 2021. Every year, the National Crime Records Bureau (NCRB) presents data for the number of crime incidents in Indian cities. The bureau also provides crime RATes, which is the number of crime incidents per lakh of population. Giving the RATe is a good idea because it allows us to compare cities with...
More »India's rising inequality is taking the shine off its growth story even in the world's eyes -Riaz Hassan
-Scroll.in India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India’s economy grew at a compound RATe of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the...
More »Sharp hike in health insurance premium hits senior citizens -Rachel Chitra and Rema Nagarajan
-The Times of India This month, Kolkata-based Mr and Mrs Soubito Banerjee, who are in their 70s, saw their medical insurance premium almost double from Rs 32,000 to Rs 63,000. Chennai-based Annathai Gopalakrishnan (68) will pay Rs 58,000, up from Rs 29,000. In general, a health insurance cover of just Rs 5 lakh for a 65-year-old couple now costs Rs 84,000 per annum, as against Rs 54,000 five years ago. For...
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