Economy News

IMF lowers forecasts for India

India’s economic growth for 2017 and 2018 will be slower than earlier projected, the International Monetary Fund (IMF) said in its latest World Economic Outlook.

posted by Jawwad Kazi 11th Oct 2017

Aadhaar now a must for post office deposits, PPF, KVP

The government has made biometric identification Aadhaar mandatory for all post office deposits, PPF, the National Savings Certificate scheme and Kisan Vikas Patra.

posted by Jawwad Kazi 7th Oct 2017

 GST Council relief to exporters, small businesses

GST Council announced multiple decisions to reduce their compliance burdens. Includes the eventual setting up of an e-wallet for input tax credits for exporters and the option for small businesses to file returns and pay taxes only once a quarter.  

posted by Jawwad Kazi 7th Oct 2017

India disputes ILO’s slavery report

posted by Jawwad Kazi 6th Oct 2017