The Central Board of Indirect Taxes and Customs (CBIC) has set up a 'Nudge Team' to formulate a strategy on studying behavioural patterns of taxpayers and use segmented approach to encourage them to pay taxes
2 min read28 Oct 2018The RBI in April said all payments data should within six months be stored only in the country for 'unfettered supervisory access'
2 min read12 Oct 2018The Supreme Court has become a major disruptor of the country's political forces
2 min read1 Oct 2018The current disturbances in the foreign exchange market provide opportunities for the RBI to fine-tune its liquidity and foreign exchange management policies
8 min read3 Sep 2018It's possible for well-intentioned democracies to implement interventions that almost certainly leave citizens worse off than before
4 min read27 Aug 2018The central bank has mostly stayed on the sidelines after the rupee broke past the 70 mark last week, according to foreign exchange traders
1 min read24 Aug 2018The key here is that solutions be developed bottom-up, working closely with the community they are designed for
3 min read3 Jul 2018The weakness in the currency market vindicates RBI's policy of building buffer reserves for rainy days
3 min read30 Apr 2018China opposes any military intervention in Maldives, saying such a move would further complicate the situation, a day after ex-president Mohamed Nasheed sought India's help to resolve the political crisis
2 min read7 Feb 2018We need a system that lets entrepreneurs focus on running their businesses and not on burdensome compliance
4 min read24 Oct 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared