Tough steps needed to make India more tax-compliant: Arun Jaitley

FINANCE MINISTER Arun Jaitley on Friday said that the government has taken measures to simplify direct and indirect taxes but “some tough steps (are) required” to ensure that India becomes an increasingly tax-compliant society. This will lead to higher resources with the government for spending on infrastructure projects, he said. “The last few years have seen several … Continue reading Tough steps needed to make India more tax-compliant: Arun Jaitley

India to see $35-40 billion worth impact investments by 2025: GIIN

GIIN South Asia adviser, Anil Sinha, hopes there will be 25% annual growth rate in impact investments—from $4 billion now to $35-40 billion by 2025 New Delhi: India is projected to see impact investments worth up to $40 billion by 2025 as the country is in a “sweet spot” with high potential to deliver solutions … Continue reading India to see $35-40 billion worth impact investments by 2025: GIIN

LiveMint: Real Estate Act comes into force today, only 13 states notify rules

New Delhi: The much-awaited Real Estate Act comes into force from Monday with a promise of protecting the right of consumers and ushering in transparency but only 13 states and Union Territories (UTs) have so far notified rules. The government has described the implementation of the consumer-centric Act as the beginning of an era where … Continue reading LiveMint: Real Estate Act comes into force today, only 13 states notify rules

Live Mint: 100 days after demonetisation, have digital payments become more popular?

100 days after the government scrapped 86% of the currency in circulation, where do digital transactions stand? Has the disruptive policy shock been able to change in people’s transaction habits? Data from the Reserve Bank of India’s electronic payment system indicators can help answer this question. RBI’s monthly database has information on volume and value … Continue reading Live Mint: 100 days after demonetisation, have digital payments become more popular?

MSN: How demonetization can change your home-buying decision

I thought you would be interested in this story I found on MSN: How demonetization can change your home-buying decision (http://a.msn.com/00/en-in/BBxr5BX?ocid=se) India’s real estate market has seen a lot of churning of black money in the past. Even economists have been guarded in their opinions while trying to gauge the impact of demonetization on stemming black … Continue reading MSN: How demonetization can change your home-buying decision