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FGI News Digest

Highlights of the News from 9th January 2017 to 14thJanuary 2017

Monday, 9/1/2017.

  • Anti-avoidance tax rule to kick in from April 2017
  • Govt asks banks to obtain PAN from account holders
  • Aadhar mandatory for MGNREGS work

Tuesday, 10/1/2017.

  • Mandatorily process all Pension cases online: Govt to depts.
  • Higher tax mop-up shows no slowdown post note ban: FM
  • FRBM panel studying GDP and tax numbers to submit report soon

Wednesday, 11/1/2017.

  • CPSE ETF on Jan 17; to raise Rs 6000 cr in second tranche
  • India likely to leave Tax Treaty with Netherlands Unchanged
  • Expect Sops soon for Payments via Aadhaar

Thursday, 12/1/2017.

  • Govt may rationalise MAT in Budget 2017
  • GST plus digital will make economy cleaner, bigger
  • We see Textile Biz Growing 7% in 2017-18
  • Fertiliser Minister seeks Rs 20Kcr Special Banking Facility for Industry
  • Govt may announces Sops for Leather Sector in Budget
  • Steel Policy proposes to Boost Coking Coal Supply
  • Engineering Exporters seek stimulus Packages in Budget
  • Niti Aayog demands three-fold hike in social sector spending, cut in subsidies
  • States to get ranking on Digital Transactions
  • Jaitley hopes to fix GST issues in Coming Weeks

Friday, 13/1/2017.

  • India’s contribution to world GDP to reach 17% this year
  • Financial Technology Startups now scramble to sign up on GSTN
  • Govt to reach out to industry to kick off simpler customs norms

Saturday, 14/1/2017.

  • Exports rise for 4th Consecutive month in Dec, up 5.72% at 23.9 B
  • Govt may impose MIP on aluminum: mines secretary
  • New power plan: Heavy users pay lower tariffs