Economics News
Centre to tweak Capital gains tax rules
Government is expected to tweak rules relating to taxation of capital gains from shares and increase the holding period for long term capital gains from shares to over two years from one year at present.
posted by Jawwad Kazi 19th Jan 2018
GST rate cut for more items
The Goods and Services Tax Council (GST Council) cut tax rates on 29 products and 54 services at its 25th meeting and agreed to make the process of filing tax returns simpler.
posted by Jawwad Kazi 19th Jan 2018
Direct tax collections jump 18.7% this fiscal
Direct tax collections during the first nine and¬ a ¬half months of the current fiscal have risen by 18.7% to Rs.6.89 lakh crore.
posted by Jawwad Kazi 18th Jan 2018
Thermal power plants facing water shortage
According to a new report by the World Resources Institute (WRI), India’s thermal power plants, about 90% of which rely on fresh water for cooling, facing serious shortage of water.
posted by Jawwad Kazi 17th Jan 2018
Centre signs pact with CII for logistics
The Logistics Division of the Commerce Ministry signed an agreement with industry body CII to address challenges facing the country’s logistics sector and help take measures to bring down costs.
posted by Jawwad Kazi 17th Jan 2018