Government policies
KVIC to set up design houses to modernise Khadi
27 Sep 2019
Design house will identify the latest design trends, adopt them as per customer needs and undertake various testing and review activities for translating them into production and help Khadi gain customers’ trust
Govt slashes corporate tax rate to 22% from 30%
20 Sep 2019
Finance minister Nirmala Sitaraman today announced a major reduction in corporate tax rate to 22 per cent from existing 30 per cent while also giving new domestic manufacturing companies the option to pay tax at 15 per cent
Electronic cigarettes banned across India
18 Sep 2019
With the promulgation of the ordinance, production, manufacture, import, export, transport, sale (including online sale), distribution or advertisement (including online advertisement) of e-cigarettes shall be a cognizable offence punishable with an imprisonment of up to one year or fine up to Rs1 lakh or both
Govt looks to realty to revive economic activity
16 Sep 2019
Government on Saturday announced the creation of a Rs20,000-crore facility to help real estate developers complete stalled housing projects for the middle class and also lowered the interest rate on ‘House Building Advance’ for government servants, linking it to the yield on 10-year government securities
Modi launches pension scheme for small traders and self-employed
12 Sep 2019
Together, the pension schemes for farmers and traders and self-employed will benefit around 80 million people in the country, ensuring a monthly assured pension of Rs3,000 for each
SC refuses to grant Chidambaram anticipatory bail in INX Media case
05 Sep 2019
A Supreme Court bench comprising Justices R Banumathi and A S Bopanna did not consider it a fit case as any grant of anticipatory bail to Chidambaram at this stage would hamper investigation