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Monthly Archives: June 2017

Girija PANDE

GST will capture 3.5bn transactions a month

Operational hiccups expected during implementation. A remarkable Goods and Services Tax Network (GSTN) will capture 3.5 billion transactions in a month, generate 3 billion invoices monthly and bring more of the unregulated economy into the organized sector thus widening the tax base, says a leading

Air India Plane

Cabinet’s in-principle ok for disinvestment of Air India

Strategic disinvestment also covers five subsidiaries. Cabinet Committee on Economic Affairs has given ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries. The approval is for fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air

people in Assam

World Bank’s US$35M for Assam financial reforms project

People will benefit from efficiency in public offices. India has signed a Loan Agreement with the World Bank for US$35 million for “Assam State Public Financial Institutional Reforms Project” to help improve predictability and transparency in budget execution and efficiency in tax administration in the