Advantage Assam: hope and aspiration on the fray!

Advantage Assam: hope and aspiration on the fray!

By RAKTIM BARUAH | DECEMBER 10, 2017 In yet another international event in the name and style of investors’ summit is nearing in Assam. The BJP-led government of the North-east Indian state is organizing a two-day long global investors’ summit in its capital city, Guwahati on February 3 and 4 next year with a hope […]

ECONOMY | Why RBI should abolish the concept of foreclosure charges  

ECONOMY | Why RBI should abolish the concept of foreclosure charges   

By MADHU AGRAWAL | December 5, 2017 Reserve Bank of India in an RTI response dated 03.09.2009 had mentioned that RBI does not approve policy of foreclosure-charges on pre-payment of loans, but keeping short of issuing any directives. But subsequently foreclosure-charges in respect of home-loans were abolished by an RBI directive dated 05.06.2012 but only […]

Meghalaya CM terms GST as ‘Gabbar Singh Tax’; Questions NDA govt for complex tax policy

Meghalaya CM terms GST as ‘Gabbar Singh Tax’; Questions NDA govt for complex tax policy

Shillong, November 22, 2017: Chief Minister Mukul Sangma has said the collection of revenue under the Goods and Services Tax (GST) regime in Meghalaya could not be assessed properly due to the incapability of the system being put in place. Sangma, who is heading the Congress-led government, lashed out at the National Democratic Alliance (NDA) […]

One year of Demonetization, a surgical strike on black money which failed due to poor implementation!

One year of Demonetization, a surgical strike on black money which failed due to poor implementation!

by Subhash Chandra Agrawal | November 8, 2017 Objections were made, and rightly too, when higher demonization rupees 500-note was introduced for the first time in the year 1987, followed by re-introduction of rupees-1000 note in the year 2000 after being demonetized in the year 1978. No other advanced or sensible country has currency in units […]