Latest News on Black Economy
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Black Economy - Total results - 9
Jul 12, 2018
Govt proposes easing local data storage rules for foreign payment firms after intense lobbying by US firmsEasing the proposal would be a relief for firms including MasterCard, Visa, and American Express, which fear the country's data onshoring move could cost them millions of dollars and set a precedent for other major governments to implement similar rules at a time when there is heightened scrutiny of how companies globally handle their customers’ data.
Nov 17, 2017
GST and real estate: Govt needs to address grey areas, disputes and litigations; take feedback from realtors, say expertsExperts said, while the intention of GST was good, its implementation and rates led to more confusion in the real sector
Nov 08, 2017
Demonetisation anniversary: Rahul Gandhi gets it right, Narendra Modi disrupted India's economy with 'arbitrary' moveThe demonetisation story reiterated that Prime Minister Narendra Modi never backs down, he never admits to mistakes, doesn't believe in his own fallibility even when it stares back at him from the mirror.
Jun 30, 2017
GST explainer Part-III: Will it be win-win for all or will some states, businesses lose out?The transition to a new tax regime will involve some disruption and this will be more keenly felt by small businesses which have only just started recovering from demonetisation
Dec 14, 2016
Demonetisation, cashless economy: Covering up the fiasco with a new trick means more troubleDespite the unprecedented man-made financial and economic disaster, Prime Minister Narendra Modi’s demonetisation adventure purged no black money.
Dec 08, 2016
Demonetisation: Not the most effective tool to weed out corruption, eliminate black moneyThrough 'demonetisation', we have targeted the minuscule of the big whole, disturbing the natural flow of the cash economy in the country, which is very much a part of the main economy.
Nov 21, 2016
Demonetisation: How cash drought at India Inc resulted in stranded trucks, unpaid workersThe cancellation of 500 and 1,000 rupee notes ($7.3 and $14.7), more than 80 percent of currency in circulation, threatens to push Asia's third-largest economy into a liquidity crisis.
May 15, 2016
The Aakar Patel column: Don't blame the Indian state for "black" economy, blame yourselfWe will continue to have a large 'black' economy, as long as other Indians don't pay tax. Our behaviour has to change if we are to make our country great.
Sep 05, 2011
Without black money, India can be $9 tn economyIndian economy could have been the second-largest in the world without the black money. Per capita income could have been seven times larger; India would then have been a middle-income country and not one of the poorest.