Economy

Parliament approves wage code bill providing minimum wages for workers

Parliament  approved a bill to enable introduction of minimum wage for every worker besides addressing issues like delay in payment to employees. The Code on Wages Bill, 2019 — which seeks to…

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Union Budget 2019: for Grameen Bharat / Rural India

The Union Budget 2019 proposed following for Grameen Bharat / Rural India   Electricity and clean cooking facility to all willing rural families by 2022.  Pradhan Mantri Awas Yojana – Gramin (PMAY-G) aims to…

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Union Budget 2019: for Start-ups

The Union Budget 2019 proposesd following for Start-ups Capital gains exemptions from sale of residential house for investment in start-ups extended till FY21.  Angel tax issue resolved- start-ups and investors filing requisite declarations and…

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Union Budget 2019: Naari Tu Narayani/Women

The Union Budget proposed following for Women  Approach shift from women-centric-policy making to women-led initiatives and movements.  A Committee proposed with Government and private stakeholders for moving forward on Gender budgeting.  Women SHG…

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Union Budget 2019 : MSMEs

The Union Budget proposes following for MSME sector For ease of access to credit for MSMEs, Government has introduced scheme for providing of loans upto Rs. 1 crore within 59 minutes through a dedicated…

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BUDGET 2019 DIRECT TAX

Income tax is a direct tax and is applied at different rates on different levels of income.Currently, there are four tax slabs and four different income tax slabs rates and…

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RBI panel wants govt loan portal to reach out to startups

The Reserve Bank of India constituted the committee,on micro, small and medium enterprises , led by former Securities and Exchange Board of India chief UK Sinha. The committee recommended following:  Government-promoted online…

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Tenure of the National Anti-Profiteering Authority (NAA) extended by two years

The Goods and Services Tax Council, led by finance minister Nirmala Sitharaman extended the tenure of the National Anti-Profiteering Authority (NAA) by two years to November 2021. LEARNING WITH TIMES…

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Establishment of 21 ‘Gokul Grams’ Under Rashtriya Gokul Mission

Funds have been sanctioned under Rashtriya Gokul Mission for setting up of 21 Gokul Grams as Integrated Cattle Development Centres. As on date, 4 Gokul grams (Varanasi, Mathura, Patiala and Phora) have been completed and work…

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RBI MAKES CUT IN INTEREST RATE

Reserve Bank of India(RBI) reduced the policy interest rate by 25 basis points to 5.75 %, a move that could lead to banks reducing lending rates for consumer and home loans. The repo…

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