News Muncher - searching for rationalization

1 day, 5 hours ago

PNGRB aims expansion of LPG pipeline network for safer transport, cost rationalization

New Delhi: The Petroleum and Natural Gas Regulatory Board is planning to expand India's pipeline network for safer and eco-friendly transportation of liquified petroleum gas, said Anil Kumar Jain, the chairperson of PNGRB. Currently, the bulk LPG transport from ports and refineries to bottling plants can be made safer and more efficient," he said, adding that out of the around …

India Plants Country Consumption Million Jain Tonnes

3 days, 14 hours ago

GST Council 55th Meeting in Jaisalmer: FM Nirmala Sitharaman to discuss potential revisions in insurance, aviation taxes

Live Mint

The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman and including state finance ministers, will convene today, December 21, in Jaisalmer, Rajasthan. This pivotal gathering of the apex body for indirect taxes is expected to focus on significant rate changes for life and health insurance, luxury items, and the possible inclusion of aviation turbine fuel under the …

Insurance States Council Minister Rate Gst Gst Council

Wedding season blues: Garment makers caution against GST rate hike

Live Mint

New Delhi: An increase in the goods and services tax rate on certain readymade garments, currently being discussed by a ministerial panel, could be a dampener for the ongoing wedding season, textile manufacturers said. ‘Big shocker’ Talking to Mint over the phone, Rahul Mehta, chief mentor of CMAI, which represents the readymade garment sector, expressed concern over the proposed 28% …

India Wedding Industry Tax Mehta Mohan Sector

3 weeks ago

GST rate hike reports premature and speculative: CBIC

Live Mint

The Central Board of Indirect Taxes and Customs on Tuesday said reports of a ministerial panel’s recommendations on Goods and Services Tax rate changes on certain items, based on its deliberations are “premature and speculative.” The clarification from the Union government’s apex indirect tax body implies the Centre is distancing itself from suggestions about tax rate increases on items like …

Tax Changes Ministers Council Recommendations Minister Centre

1 month ago

Another pay commission? The government should hold its horses

Live Mint

Recently, there have been news reports in India hinting at the possibility of a new Pay Commission. There are many aspects to this, the most important being whether there is a need for revising pay at all, given that government employees already receive full compensation for cost-of-living increases, as measured by the Consumer Price Index for Industrial Workers, apart from …

India Compensation Inflation Pay Commission Employees Pay Consumption

1 month ago

GST Council’s December Meet: Waiver of levy on health, life insurance premiums on agenda

Live Mint

The GST Council will convene its 55th meeting on December 21 in Jaisalmer, Rajasthan, to address crucial policy changes, including possible tax relief on health and life insurance premiums. The council, chaired by Union Finance Minister Nirmala Sitharaman and including state finance ministers, is expected to also deliberate on rate reductions for essential goods, as per a report by PTI. …

Insurance Council Rate Gst Gst Council Gom

1 month, 1 week ago

Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156

Live Mint

Vodafone Idea Ltd’s losses narrowed to ₹7,175 crore in the September quarter, down from ₹8,746 crore a year earlier, as revenues edged up to ₹10,932 crore from ₹10,716 crore. Funding and capex plans Backed by the Aditya Birla Group, Vodafone Idea is currently in discussions with lenders to secure ₹35,000 crore in debt funding to fuel its network expansion. Earlier …

Network Nokia Crore Quarter Sites Net Idea

1 month, 2 weeks ago

Centre-state budget talks, GST Council meet after Parliament session jobs, growth, urban consumption in focus

Live Mint

NEW DELHI : Finance minister Nirmala Sitharaman is set to consult state finance ministers on the FY26 Union Budget following Parliament’s winter session, which concludes on 20 December. That is a major policy instrument available now, provided states also agree," said N. R Bhanumurthy, director, Madras School of Economics, noting that while GST revenue hit ₹1.87 trillion in October—the second …

India Growth Tax Budget Council Consumption Demand

4 months, 3 weeks ago

Sebi Proposes Sweeping Changes in Derivative Market to Reign in Speculation

Deccan Chronicle

Mumbai: To counter risks to market stability and curb losses made by individual retail investors due to hyperactivity in the equity derivative market watch dog Sebi released a consultation paper seeking comments from market participants by August 20, 2024. The paper seeks to introduce measures to enhance investor protection and promote market stability in derivative markets while ensuring sustained capital …

Market Trading Index Sebi Expiry Weekly Options Market Stability

5 months ago

Government Set to Raise GST on Gold and Silver to 5%

Deccan Chronicle

Chennai: The government is likely to increase the GST rate on gold and silver to 5 per cent from the current 3 per cent. The government has brought down the basic customs duty on gold bars from 15 per cent to 6 per cent and the Agriculture Infrastructure & Development Cess on duty has come down from 5 per cent …

Gold Cent Gst 5 Per Cent Rate Increase Gold And Silver To Duty Rate

5 months ago

Major reforms expected by key sectors in Budget 2024, will it deliver?

New Indian Express

With the first Union Budget after the Lok Sabha elections all set to be unveiled, there are great expectations regarding major policy and tax reforms. These expectations include: A new subsidy scheme similar to FAME II with a more comprehensive coverage; Streamlining policies towards R&D efforts in battery technology and grid integration for development of a widespread and reliable charging …

India Tax Manufacturing Sector Gst Faceless Assessment

5 months, 1 week ago

Govt should rationalise customs duty in budget to boost domestic manufacturing: Industry body

New Indian Express

New Delhi:The Indian Chamber of Commerce has suggested the government to rationalise customs duties in various sectors including steel, solar battery, aluminum, and lithium cells in a bid to boost domestic manufacturing. ICC President Ameya Prabhu said protective measures are needed for the growth of domestic industry in sectors including steel, solar battery, aluminum, and lithium cells. Huge potential is …

India Manufacturing Duty Domestic Domestic Manufacturing

6 months, 2 weeks ago

Real estate sector pins hopes on Modi 3.0; pushes for focus on infra development and affordable housing

Hindustan Times

The real estate sector hopes that the new government will continue to focus on infra development, affordable housing, streamlining of the regulatory framework, single window clearance mechanism and rationalization of taxes to stimulate investment and growth in the sector. With Narendra Modi taking oath as the prime minister for the third time, the real estate sector hopes that the new …

India Growth Housing Development Focus Estate Real

9 months, 1 week ago

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

Associated Press

NEW YORK — FTX founder Sam Bankman-Fried’s orchestration of one of history’s largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge. They said crimes reflecting a “brazen disrespect for the rule of law” had depleted the retirement funds and nest eggs …

Prison Sentence Sam Federal Prosecutors Mukasey

10 months, 1 week ago

Indira and Nargis dropped from names of top film awards

The Hindu

The ‘Indira Gandhi Award for Best Debut Film of a Director’ and the ‘Nargis Dutt Award for Best Feature Film on National Integration’ which are part of the National Film Awards have been renamed on the recommendation of the Committee for Rationalization of Film Awards. The committee recommended that the ‘Indira Gandhi Award for Best Debut Film of a Director’ …

Film Awards Director Lakh Best Feature Award

1 year, 4 months ago

Teachers Can Claim Transfer On Fulfilment Of Criterion Under Service Conditions, Authority Must Take Steps To Fill Resultant Vacancy: Calcutta HC

Live Law

The Calcutta High Court has recently allowed an appeal, challenging the order of a single-bench dismissing the writ petition filed by a high-school teacher against refusal of her transfer application by the head of institution. In directing the Commissioner of School Education to consider the petitioners transfer application in accordance with prevalent norms and students’ interest, a division-bench of Justice …

School Transfer Application Order State Bench Teacher

1 year, 6 months ago

Himachal Pradesh mulls setting up a theme-based satellite village at Kangra districts's Naura Khad

Hindustan Times

Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Thursday said that the State Government is actively considering framing a new Tourism Policy to enhance visitor experiences by promoting lesser-known destinations of the State. Himachal Pradesh mulls setting up a theme-based satellite village at Kangra districts's Naura Khad The Chief Minister was presiding over a meeting of the Tourism Department …

Tourism State Government Chief Minister State Minister Chief District

1 year, 6 months ago

NCERT fully justified in carrying out rationalisation of its textbooks' contents, says UGC chief

India TV News

NCERT textbook's rationalization is fully justified. There is no merit in hue and cry over it, said University Grants Commission chief Jagadesh Kumar on Friday in remarks to the academicians objecting to the rationalisation of NCERT textbooks. A couple of days ago also, political scientists Yogendra Yadav and Suhas Palshikar and a number of academicians asked the NCERT to remove …

Pti Kumar Ugc Ncert Textbooks Ugc Chief Academicians

1 year, 6 months ago

NCERT rejects Yogendra Yadav, Suhas Palshikar request to drop names as chief advisers

Hindustan Times

A day after Yogendra Yadav and Suhas Palshikar asked the National Council of Educational Research and Training to remove their names as advisers from its political science textbooks, saying that they have been mutilated beyond recognition, the council said it has the right to make changes based on copyright ownership and asserted that the “withdrawal of association by any one …

Names Council Yadav Textbooks Advisers Ncert Textbook

1 year, 7 months ago

Gland Pharma Q4 net profit declines 72% year-on-year

Live Mint

The generic injectable focused pharmaceutical company, Gland Pharma Ltd’s reported net profits at ₹78.68 Crore during Q4, saw a sharp decline of 72% over ₹285.90 Crore reported in the year-ago quarter. The India market that accounted for 8% of total revenues during Q4FY23 and witnessed a 68% year-on-year decline is sales which the company attributed to higher base of COVID …

Company Pharma Crore Revenues Gland Gland Pharma Profit Declines

1 year, 8 months ago

NCERT consulted 25 external experts and 16 CBSE teachers for syllabus rationalisation, says Education Ministry

India TV News

The Opposition accused the Centre of "whitewashing with vengeance" after the Centre decided to remove a number of topics from the NCERT textbooks. The NCERT reportedly consulted 16 CBSE teachers and 25 external experts as part of their exercise to rationalize the curriculum, according to the Education Ministry. "Aside from NCERT in-house experts, NCERT sought the expertise of subject experts …

History Teachers Hindu Pti Ministry Experts Ncert

1 year, 8 months ago

India likely to have stable debt-to-GDP ratio going forward, says IMF official

Deccan Chronicle

WASHINGTON: India is expected to have a stable debt-to-GDP ratio going forward, a senior official from the International Monetary Fund said on Wednesday and recommended rationalization and simplification of Goods and Services Tax. According to Paolo Mauro, Deputy Director of the IMF Fiscal Affairs Department, there will be a gradual resumption of the rise in the global public debt-to-GDP ratio …

Debt Pti Going Imf Ratio India Mauro

1 year, 8 months ago

Draft curriculum framework on early learning recommends play-based pedagogy; takes no clear stand on mother tongue

The Hindu

The draft Karnataka State Curriculum Framework for Foundational Level Education for children in the age group of 3 to 8 years, in accordance with National Education Policy-2022, has recommended a play/activity-based pedagogy at this stage of schooling. Since play is the natural medium for children’s learning in the early childhood years, the KSCF has recommended a play-based pedagogy as most …

Kannada State Draft Mother Tongue Draft Kscf Kscf

1 year, 10 months ago

Union Budget 2023-24: Why favourable policies for realty sector can assist in growth, economic sustainability

Firstpost

In a post-pandemic arena, unlike many other sectors, the Real Estate sector has rebounded strongly. Direct Tax relief measures Simply put, the expectations of home buyers can be categorised into three main buckets – enhancement of personal tax deductions, rationalisation of capital gains tax regime, and introduction of incentives. Given the trend in rising prices in the RE sector, due …

India Tax Capital Gains Tax Home Buyers Sector Rate Affordable

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Search results for rationalization

PNGRB aims expansion of LPG pipeline network for safer transport, cost rationalization

GST Council 55th Meeting in Jaisalmer: FM Nirmala Sitharaman to discuss potential revisions in insurance, aviation taxes

Wedding season blues: Garment makers caution against GST rate hike

GST rate hike reports premature and speculative: CBIC

Another pay commission? The government should hold its horses

GST Council’s December Meet: Waiver of levy on health, life insurance premiums on agenda

Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156

Centre-state budget talks, GST Council meet after Parliament session jobs, growth, urban consumption in focus

Sebi Proposes Sweeping Changes in Derivative Market to Reign in Speculation

Government Set to Raise GST on Gold and Silver to 5%

Major reforms expected by key sectors in Budget 2024, will it deliver?

Govt should rationalise customs duty in budget to boost domestic manufacturing: Industry body

Real estate sector pins hopes on Modi 3.0; pushes for focus on infra development and affordable housing

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

Indira and Nargis dropped from names of top film awards

Teachers Can Claim Transfer On Fulfilment Of Criterion Under Service Conditions, Authority Must Take Steps To Fill Resultant Vacancy: Calcutta HC

Himachal Pradesh mulls setting up a theme-based satellite village at Kangra districts's Naura Khad

NCERT fully justified in carrying out rationalisation of its textbooks' contents, says UGC chief

NCERT rejects Yogendra Yadav, Suhas Palshikar request to drop names as chief advisers

Gland Pharma Q4 net profit declines 72% year-on-year

NCERT consulted 25 external experts and 16 CBSE teachers for syllabus rationalisation, says Education Ministry

India likely to have stable debt-to-GDP ratio going forward, says IMF official

Draft curriculum framework on early learning recommends play-based pedagogy; takes no clear stand on mother tongue

Union Budget 2023-24: Why favourable policies for realty sector can assist in growth, economic sustainability