Policy
Budget 2024: Prioritising tax reforms for a more business-friendly environment
The way taxes are structured has a significant impact on how both businesses and individuals operate. Tax policies affect decisions about investments, business growth, job opportunities, and the overall performance of the economy.
Budget 2024: Analysing the impact of previous budgetary allocations on overall consumer business
The budget allocation for the current year is expected to closely align with previous trends, highlighting stability in the government's policy making. Continued capital spending on improving infrastructure and manufacturing will reinforce the 'Made in India' initiative and advance the objective of 'Atma-Nirbhar Bharat.'
PLI Scheme: Attracting Global Champions and Making Indian Companies Global
The government created the PLI scheme as a result of this ambition, and the program will be crucial in boosting India's industry. Policymakers have chosen sectors in a way that enables the manufacturing sector to benefit maximally while maintaining the overall objectives at the same time as part of a plan that is outcome oriented and targeted in its approach.
Why the 2023-24 Budget is more crucial than you think
With the western economies (Europe and US) reeling under inflation, Indian external trade has taken a hit, bringing it down from 50% to 35% in recent years.
Global economy in the eye of new storm, but economic activity in India remains stable: RBI’s Shaktikanta Das
He said all segments of the financial market, including equity, bond and currency markets, are in turmoil across countries.
Services exports, remittances may narrow trade deficit: RBI's Shaktikanta Das
He added that the months of July and August this year, services exports did very well.
From war to recession, India will face multiple challenges during its G20 Presidency, says Amitabh Kant
In a fractured world, can India’s G20 Presidency bridge relationships? According to Amitabh Kant, India will have to deal with a host of challenges and issues.
How data helped Kerala’s fisherman, drove Incredible India campaign
Amitabh Kant says data should drive policy decisions and there are plenty of examples during his tenure in the government where focus has been on evidence-based policy framework.
Beyond GST, how technology can enhance tax function outcomes
Several large organisations are also enabling technology in tax processes through managed tax services (where organisations are not keen to invest and maintain technology due to changing laws and regulations).
Globalization of inflation is coinciding with the deglobalization of trade: RBI’s Shaktikanta Das
The RBI governor further mentioned that in the wake of heightened risks to the global economy, multilateral institutions, including the IMF have revised global growth projections downwards and highlighted recession risks.
Must Watch
GST Council makes e-way bill mandatory for intra-state movement of gold, precious stones
With regard to e-way bill on intra-state movement of gold, gold jewellery and precious stones to check evasion, the Council recommended that states can decide on the threshold above which the electronic bill is to be made mandatory. A panel of state ministers had recommended the threshold to be Rs 2 lakh and above.
Monetary Policy: War has led to globalisation of inflation, says RBI's Das
Acknowledging that inflation has hit countries across the globe due to the ongoing war, RBI Governor Shaktikanta Das points out how war has led to globalisation of inflation.
Inflation conundrum: The need to tackle supply-side disruptions without dampening economic recovery
Since the onset of the conflict in Ukraine, the Rupee has marginally declined from Rs 74.5 to a dollar to Rs 77 a dollar.
CCI will dampen India’s financial inclusion goals by narrowing the relevant market for c-commerce
A narrow definition will adversely impact bridging digital divide & inclusive growth opportunities.
Revamping India's outdated data laws
The existing IT Act is a relic of its time and does not adequately cater to modern data protection requirements.
A new and vibrant SEZ policy to boost Atmanirbhar Bharat campaign
While very limited information has been made public till now regarding the proposed changes in the SEZ law, the announcement has been applauded by the Industry at large, which now awaits more details around the govt's plan ahead.
