Government policies
Kerala imposes 14.5% ‘fat tax’ on fast-food
09 Jul 2016
While eating out at fast food restaurants like McDonald's, Pizza Hut, Domino's and others will become more expensive in Kerala, the Left government hopes to earn an additional revenue of Rs10 crore from the proposed tax
Niti Aayog panel recommends scrapping of Railway Budget
23 Jun 2016
There is a huge mismatch between Railways’ earnings and expenses forcing it to look to the finance ministry to meet most of its additional expenditure
India bans potassium bromate as food additive
22 Jun 2016
Arrest wilful defaulters, sell assets, CBDT tells taxmen
22 Jun 2016
The provisions of arrest, detention and auctioning of assets against tax evaders have rarely been used so far, but now the tax board has told its officers to freely use these stringent provisions
FDI norms eased further; new reforms open up the economy
20 Jun 2016
Almost all sectors the country’s economy, including aviation, e-commerce, defence and pharmaceutical, are now open to 100-per cent foreign direct investment, making the country the most open economy in the world
New civil aviation policy focuses on connectivity, cheaper travel
15 Jun 2016
Any airline that has a fleet of over 20 aircraft or deploys 20 per cent of its capacity on domestic routes can now fly overseas while domestic travel will cost a maximum of Rs2,500 for an hour
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