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In centrally-sponsored schemes, government saves Rs 10,000 crore in interest income

Central government saved Rs 10,000 crore in 2021-22 by effectively monitoring the implementation of centrally-sponsored schemes (CSS), finance ministry officials told TNIE.

08 Jun 2022

‘Lack of protocols add to health inflation’

“When you do not have standard protocols, any clinician is driven by the practice of their experience. But experience is not necessarily evidence-based,” he says.

30 May 2022

No forceful ‘recovery’ of unpaid tax, GST department to officers

As per the GST law, a taxpayer can voluntarily pay unpaid taxes or in response to the show-cause notice raised by the GST department by filing the voluntary tax payment form DRC-03.

26 May 2022

FRL independent directors ignored irregularities: Amazon

In a fresh attack on FRL, Amazon has accused FRL independent directors of deliberately overlooking irregularities committed by Future Group and the promoter family.

24 May 2022

Managing home loan EMI as interest rates go up

When interest rates go up, the interest burden of a home loan borrower would go up, and this needs to be compensated either by way of an increase in the tenure of the loan or an increase in the EMI.

09 May 2022

Government to announce successful bidder for loss-making PSU Pawan Hans today

However, a JSPL official on the condition of anonymity has denied that the Naveen Jindal-owned company is in the race for the public sector helicopter services company.

23 Apr 2022

How you can strategise fixed-income investing

The key at this time is to avoid longer tenure products.

18 Apr 2022

Now is time to relook at your tax planning

Changes in tax laws, income/expenses and salary structure are reasons you must review your tax plans every year

11 Apr 2022

RBI finally feels inflation heat

Raises FY23 projection from 4.5% to 5.7%, cuts GDP growth forecast from 7.8% to 7.2%

09 Apr 2022

RBI has changed its long-held policy by putting inflation ahead of growth: Shaktikanta Das

“For the last three years – since February 2019 – the RBI has given priority to growth over inflation. That has changed with this monetary policy,” the governor told the media

08 Apr 2022

CCI to probe Zomato, Swiggy’s anti-competitive practices

The anti-trust regulator, Competition Commission of India (CCI), has ordered an investigation into the alleged anti-competitive conduct of food delivery platforms Zomato and Swiggy.

05 Apr 2022

ABG Shipyard's Rs 22,000 crore scam: Why IBC provision against frauds remain ineffective

It was probably the biggest loan fraud case recorded in India, and even before the CBI caught up with the promoters, information about their financial misadventures was already in public.

21 Mar 2022

Government plans on easier winding up for start-ups: MCA Official

The government is planning to ease the winding up rules for start-ups by facilitating exits in 100 days, sources in the Ministry of Corporate Affairs told TNIE.

17 Mar 2022

Investors keen on LIC IPO despite valuation concerns

The likely pricing of the LIC IPO has kept many large investors at bay as they feel the shares would be valued at a premium the company may not command.

15 Mar 2022