Reforms in Tax Rates The details of the tax rates of the major countries of Asia have been taken from the KPMG Report on Global Rates, 2015 and are mentioned below: Country Corporate Individual Income Afghanistan 20 —– Bangladesh 27.5 30 China 25 45 India 34.61 33.91 Japan 33.06 50.84 Kazakhstan 20 10 Malaysia 25… Read More »
Per Capital Income in the Country As per the estimates of the Central Statistics Office (CSO), the per capita net national income of the country at current prices for the year 2015-16 is estimated to attain the level of Rs. 93231/-. The per capita net national income at constant (2011-12) prices for the year 2015-16… Read More »
Cyber Security It is common practice for hackers / spies of Intelligence agencies to hack computer systems to gain intelligence about target countries. There have been cyber attacks on some isolated internet connections of Defence Personnel. However, all computers employed for official work by the Defence forces are comprehensively isolated from the internet to obviate… Read More »
Women Fighter Pilots Government has accorded approval for women to join as Short Service Commission Officers in the fighter stream of the Indian Air Force on experimental basis for a period of five years. Three women trainees have volunteered and have been inducted in the Fighter Stream and are undergoing training. This information was given… Read More »
Institutional Guidelines Adopted by CCI As mandated under the Competition Act, 2002, the Competition Commission of India may impose penalties, and/or issue cease & desist order in appropriate cases. However, while imposing penalties under section 27 of the Act, the Commission takes into account the aggravating and mitigating factors before arriving at the fair and… Read More »
Spreading Jam across India’s Economy The Economic Survey 2015-16 presented here today in the Parliament by the Union Finance Minister Shri Arun Jaitley emphasizes that JAM Trinity –Jan dhan, Aadhaar, Mobile- can help government to implement large-scale, technology-enabled and real-time Direct Benefit Transfers (DBTs) to improve economic lives of India’s poor. First variety of JAM-… Read More »
Reform Package of the Fertilizer Sector The Economic Survey 2015-16 presented here today in the Parliament by the Union Finance Minister Shri Arun Jaitley emphasizes that the Government budgeted Rs. 73,000 crore- about 0.5 per cent of GDP- on fertilizer subsidies in 2015-16. Nearly 70 per cent of this amount was allocated to urea, the… Read More »
Economy will continue to Weather Global Sluggishness with Resilience; Outlook of Multilateral Institutions positive for India Multilateral Institutions in their latest assessments have underlined that in the short run, Indian growth may fall short of its growth potential of 8-9 per cent, but the economy could continue weathering the global sluggishness with resilience and consolidate… Read More »
Agriculture Sector needs a Transformation to ensure Sustainable Livelihoods for the Farmers and Food Security Economic Survey Emphasizes to Improved Productivity in Agriculture Disbursal of Subsidy on Fertilizers should Shift to DBT Fixed Amount of Subsidy in the case of P And K Fertilizer Subsidy There needs to be a Shift to Demand-Driven Agricultural Advisory… Read More »
Making Investments in Maternal Nutrition and Sanitation and Changing Social Norms to Enhance their Effectiveness can help to Exploit India’s Demographic Dividend The National Food Security Act and Swachh Bharat are part of the Government’s Policy Agenda to Improve Maternal and Early Life Health The Economic Survey 2015-16 presented today in the Parliament by the… Read More »