With recent rate cuts, November collections could be even less
K C Chakrabarty, former deputy governor, RBI, talks to Anup Roy on issues in the new bankruptcy law and rules.
A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country
Panel formed to simplify return-filing process, take feedback from stakeholders, experts
'There were lots of functionalities the Group of Ministers asked us to incorporate.'
There's a long way to go before human beings are replaced by machines -- in banks at least.
The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08
Govt squeezed capital expenditure, and also cut revenue expenditure, that does not go into creating assets, by 11% in H1
Foreign banks had 317 branches in 2015-16; it has reduced to 286. In the same period, employee strength came down from 26,642 to 24,766.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Traditionally, issuance from Chinese companies dominate the green bond market, but other emerging market economies are coming up fast
The move will have cascading effects for lot of related sectors
A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
Depreciating the rupee against the dollar to boost economic growth has fiscal constraints and monetary limitations
Anup Roy and Krishna Kant on the challenges the public sector banks face in revitalising themselves
While the Centre is criticised for not cutting excise duty on petroleum products, it is the states which gain more from the rise in their prices
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