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Government Policies
Hospitality industry set for buoyant 2023, cashes India’s G20 presidency
As per industry estimates, recovering from the impact of COVID-19 by the third quarter of 2022-23, the hospitality industry had touched the occupancy of 70%
The domestic…
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India’s wheat stocks to fall further but sufficient, government says
Wheat stocks in government warehouses for December fell to the lowest in six years, as prices jumped to a record high on rising demand and falling inventories. India, the world’s…
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Make use of China +1 and Europe +1 opportunities, FM Sitharaman tells corporate India
The minister Wanted India indutry such manufacturers to set up their additinal base in India to source some of their production requirements locally with an eye on global markets.…
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Govt plans to raise duty on non-essential goods
In the current form, HSN codes are seen as subsuming a broad sweep of items, even at the six or eight-digit classification levels. For instance, there are different types of…
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EU Adopts Global Minimum 15% Tax On Big Business
The European Union has adopted a plan for a global minimum 15% tax on big business.
Leaders gave their final approvals on Thursday after months of political wrangling.
The…
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Cabinet approves bill to decriminalise minor offences to promote ease of doing business
Sources said that the Cabinet discussed the Ease of Doing Business and Ease of Living (Amendment of Provisions) Bill, 2022 in a meeting and has approved it as the bill is likely to…
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RBI authorises Tamilnad Mercantile Bank to undertake government business
Private sector lender Tamilnad Mercantile Bank (TMB) on Wednesday said it has been authorised by the Reserve Bank of India to undertake government business on behalf of…
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FTC Explores Changes, Possible Expansion of Its Business Opportunity Rule
Agency seeks public comment on how to improve the rule and further steps to address the scourge of bogus money-making schemes
The Federal Trade Commission is exploring changes…
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India ahead of China, Vietnam in cheap manufacturing; ranks no. 1
India, with an overall score of 40.8, ranks 13 in ‘power’ category. Its rankings in entrepreneurship and quality of life are 31 and 38, respectively.
In a boost to India's push…
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Truecaller is paying most taxes in Sweden despite earning 70 per cent revenue from India
The US-based research group Viceroy said in a report that Truecaller bills almost exclusively from Sweden and is avoiding higher tax rates in India
Last year, Stockholm-based…
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