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Customs duty simplification to be next major reform push, says Sitharaman

New Delhi, Dec. 6 -- Reforming India's customs duty regime, by lowering rates on selected goods, increasing transparency, and reducing officials' discretion, will be the next major economic reform pus... Read More


Sitharaman, Russia's Manturov discuss investment opportunities

New Delhi, Dec. 5 -- Finance minister Nirmala Sitharaman on Thursday met a delegation led by visiting Russian First Deputy Prime Minister Denis Manturov and discussed issues of bilateral interest incl... Read More


Govt moves to nix any pan masala cess-dodging tactics

New Delhi, Dec. 5 -- India's new tax regime for tobacco seeks to ensure that any new variants of pan masala-a category the Centre says is highly prone to tax evasion-can be brought under the proposed ... Read More


Tobacco tax regime change by end of month, says minister Sitharaman

NEW DELHI, Dec. 4 -- Finance Minister Nirmala Sitharaman on Thursday said the current tobacco tax regime will remain in place until the end of the month, and that the overall tax burden on the tobacco... Read More


GDP data-quality debate ill-informed, says FM; base year shift from 27 February

NEW DELHI, Dec. 3 -- The debate over the quality of India's national income accounts is "ill informed", as the 'C' rating assigned by the International Monetary Fund (IMF) reflects the use of the 2011... Read More


FM calls for closer global cooperation

New Delhi, Dec. 3 -- Nations need to work closely to deal with challenges to economic governance arising from the digitalization of the economy, the emergence of new financial products, and evolving s... Read More


Sitharaman calls for closer global cooperation

New Delhi, Dec. 3 -- Nations need to work closely to deal with challenges to economic governance arising from the digitalisation of the economy, the emergence of new financial products, and evolving s... Read More


FM calls for closer global cooperation

New Delhi, Dec. 3 -- Nations need to work closely to deal with challenges to economic governance arising from the digitalization of the economy, the emergence of new financial products, and evolving s... Read More


Targeted steps needed to boost efficiency of insolvency law: Parliamentary panel

New Delhi, Dec. 2 -- Immediate and targeted steps are needed to boost the efficiency of India's Insolvency and Bankruptcy Code (IBC), as systemic challenges such as delays due to a shortage of judges,... Read More


Time ripe for a 25-bps rate cut, says Ficci's new chief Anant Goenka

New Delhi, Dec. 2 -- Citing benign inflation and stable crude oil prices, The Federation of Indian Chamber of Commerce and Industry (Ficci)'s new president Anant Goenka on Tuesday said the time is "ri... Read More