G. ChoudharyThe Goods and Services Tax (GST) in some form is in place in over 150 countries. India is implementing a dual GST system, which is relatively uncommon. GST is found to be useful for the tax authorities because it has relatively low collection costs and is easy to administer as most of th...
The freight revenue of the Indian Railways (IR) has decreased by10.3% in the first quarter of the FY 16-17 to` 25,503 compared to last year. It is to be noted that the growth of revenue of IR in 2015-16 was also the lowest in half a decade. The main weakness was falling freight volumes. The freight ...
The cement demand has started improving in 2016. Cement production increased 8% in February 2016 and 11% in March 2016 over the same period of the last year after 11 months of slow growth or contraction. Most of the cement compa-nies have admitted that there was an improvement in the cement demand f...
The Wular Lake in north Kashmir, situated near Srinagar is the second largest lake Asia. A traditional favourite oftourists, it is now losing its charm. The lake which is located on an altitude of 1,580 metres is surrounded by picturesque mountains and dense forests. The lake also serves as natural ...
The benchmark monetary policy rates of Reserve Bank of India (RBI) are going to be decided by a broad basedcommittee instead of the on-going practice of deciding them by the Governor of the RBI. The policy rates, in many countries who have adopted inflation targeting, are decided by a committee. Ind...
Kishore Kumar BiswasThe benchmark monetary policy rates of Reserve Bank of India (RBI) are going to be decided by a broad basedcommittee instead of the on-going practice of deciding them by the Governor of the RBI. The policy rates, in many countries who have adopted inflation targeting, are decided...
Varsha SinghEvery time you go shopping or to cafes and restaurants, you are more likely than not to be approached to make a payback card. For a fast moving consumer, this can be a wallet bursting exercise.Loyalie, a new application that features a digital loyalty card, can be a winner in this case. ...
Banks have played a vital contributory role in India’s development process. The recent policy discussion on the merger of nationalized banks may not be as fruitful in dealing with the Non-Performing Assets (NPA) as being envisioned. The process of nationalization, which started in 1969, saw 20 ban...
Years have passed but the implementation of the most important and revolutionary tax reform in India, the Goods and Services Tax (GST) has been delayed. The recent meeting of the Empowered Committee of GST was convened in Kolkata. The Chairman of the Committee was Amit Mitra, Minister, Finance...
