Snehal khanna Blog

One way the government could give job creation a boost is by tweaking taxation laws to provide companies an incentive for hiring BUDGET NEWS : Activity advent is one among Modi authorities's largest challenges, with the competition the use of what it calls the government's terrible performance on this regard as a persist with beat the prime minister's economic rules with. With finances 2018 less than a month away, and with employment generation reportedly being a key subject this year, one manner the government may want to give job introduction a lift is by means of tweaking taxation legal guidelines to offer corporations an incentive for hiring. India already gives tax blessings to incentivise activity advent by corporations. but, in step with a instances of India file, certain lacunae within the guidelines have saved many organizations, specially from the offerings region, from reaping the advantages of such incentives. In view of this, in keeping with the cou...

CAIT Secretary General Praveen Khandelwal said the government needs to encourage the use of debit and credit cards LATEST NEWS :  After deciding to revoke the legal tender of Rs 500 and Rs 1,000 currency notes in November last year, the Narendra Modi -led central government might now be working on another disruptive step to boost digital transactions — banning the cheque book. A senior functionary of the Confederation of All India Traders (CAIT) on November 16 said the Centre might withdraw the bank cheque book facility in the "near future" to encourage digital transactions. CAIT Secretary General Praveen Khandelwal said the government needed to encourage the use of debit and credit cards. "In all probability, the Centre may withdraw the cheque book facility in the near future to encourage digital transactions," he said. Impact of cheque book facility withdrawal Demonetisation was a big disruption for most Indians, right from poor labourers to...

Sinha says he would have opposed it "tooth and nail" had he been the Finance Minister. LATEST NEWS :  Dissident BJP chief Yashwant Sinha stays unfazed by all the grievance he has confronted for his sturdy critique of the financial system and asserts that lack of jobs will be a prime issue inside the subsequent Lok Sabha elections. He also feels any try at polarising voters on issues just like the Ram temple or Article 370 of the constitution will now not paintings on a country-wide foundation. On demonetisation, which he has been strongly important of, Sinha says he might have adversarial it "tooth and nail" had he been the Finance Minister. "I sense vindicated (at the Indian express article attacking the authorities's dealing with of the financial system). My first pride is that the problem is being debated. there may be quite an informed debate happening. I stand by the records and figures I quoted. I see no symptoms to this point o...

The Congress on Monday demanded Railway Minister Suresh Prabhu's resignation LATEST NEWS :  Amidst Opposition's demand for his stepping down from the position of Union Railway Minister over derailment of the Puri-Haridwar Kalinga Utkal Express, Suresh Prabhu on Wednesday informed that though he takes moral responsibility of the incident, Prime Minister Narendra Modi asked him to wait. Prabhu took to his Twitter handle to post a thread, where he says, "In less than three years as Minister, I have devoted my blood and sweat for the betterment of the Railways. Under the leadership of Prime Minister Narendra Modi, I tried to overcome decades of neglect through systemic reforms in all areas, leading to unprecedented investment and milestones." "New India, envisioned by Prime Minister Modi, deserves Railways, which is efficient and modern. I promise that is the path on which Railways is progressing now," he further said. Adding, "I am extremely...

RTI information shows details of money given to Bihar LATEST NEWS    :   With the BJP and JD(U) joining hands in Bihar, the stage is finally set for implementing one of the foremost poll promises made by Prime Minister Narendra Modi in the run up to the Bihar elections in 2015. While Modi had announced a special package of Rs 1.25 lakh crore for Bihar at an election rally in Arrah in August 2015, it has released money to the state only for projects sanctioned under the 12th Five-Year Plan. The plan, which commenced in 2012, coincidentally, will end this year. This sets the stage for the BJP-JD(U) alliance in Bihar to go full steam ahead, with the special package for the backward state promised by Modi in his 2015 election rally.  Information obtained by Business Standard under the Right to Information (RTI) shows that the Modi government had issued a release order of almost Rs 1,888 crore to Bihar as ‘special assistance’ in 2015-16. The financial ...

It is perhaps easy to miss the coincidence of two developments taking place in quick succession this week, but their significance in national politics should not be underestimated. Nor should there be any celebrations over an early resolution to the problems that those developments are seeking to address. On Monday, the Supreme Court ordered the auction of the  Aamby Valley  property of the Sahara supremo, Subrata Roy, to help recover from him dues that market regulator, the Securities and Exchange Board of India, estimates to be over Rs 47,000 crore, including interest. Of this amount, the group has so far paid back Rs 11,477 crore. A day later, the United Kingdom (UK) authorities started extradition proceedings against Vijay Mallya, who allegedly owes over Rs 9,000 crore to banks in India and has been staying away from India for the last 13 months. After the UK Secretary of State certified that extradition proceedings can begin, the London police arrested Mallya and ...