आर्थिक

It refers to logical comments of NITI Aayog member Bibek Debroy to tax agricultural income, and to abolish Income Tax exemptions of personal nature. Bitter reality is that benefit of total exemption on agricultural income is not for ordinary farmers, most of which do not even have income above the basic exemption-limit. Total tax-exemption on agricultural income is being largely misused by ultra super-rich section of society who own big luxurious farm-houses or purchase agricultural land just to whiten their black money shown as now-exempted agricultural income.   Likewise present too many tax-exemptions should be reduced to bare minimum which can be retained for encouraging savings and insurance, providing better education, or investing for residential accommodations for those ...

  It refers to Governor of Reserve Bank of India –RBI- Urjit Patel rightly raising question-mark on too many public-sector banks. Unfortunately India still lacks quick and swift decisions on matters of larger public-interest. Even merger of associate-banks of State Bank of India into State Bank of India was done years after the move was initially proposed. Union Finance Ministry should take a swift decision to merge presently existing too many public-sector banks into some limited number so as to save a lot on overheads and provide economical and faster fund-transfers rather than requiring costlier and time-consuming clearing-operations. Smaller public-sector banks can be merged into some big public-sector banks in a manner that head office of each of such bank may be in metro-cities of...

    It refers to logical comments of NITI Aayog member Bibek Debroy to tax agricultural income, and to abolish Income Tax exemptions of personal nature. Bitter reality is that benefit of total exemption on agricultural income is not for ordinary farmers, most of which do not even have income above the basic exemption-limit. Total tax-exemption on agricultural income is being largely misused by ultra super-rich section of society who own big luxurious farm-houses or purchase agricultural land just to whiten their black money shown as now-exempted agricultural income.   Likewise present too many tax-exemptions should be reduced to bare minimum which can be retained for encouraging savings and insurance, providing better education, or investing for residential accommodations ...

Raoul Pal is the man who correctly called the crash in oil prices in 2014.. ...As well as the strong Dollar... ...And the fall in emerging markets... ...And the fall in junk bonds...   He's the man who wrote ‘The End Game’ which is the most widely read financial article in the history of the interne I’m going to blow your mind with this following article. My mind is still reeling from my discovery and from writing this piece. Let me enlighten you... Companies that create massively outsized technological breakthroughs tend to capture the investing population’s attention and thus their share prices trade at huge multiples, as future growth and future revenues are extrapolated into the future. From time to time, entire countries re-model their economies and shi...

State Bank of India has collaborated with SBI-cards for issue of SBI-cards to all account-holders of SBI having minimum balance of rupees 20000-25000, without going into credit-history of account-holder. On the other hand, SBI has from 01.04.2017 has decided to levy minimum-balance charge requiring minimum balance of rupees 5000 in savings-accounts in metro-cities. Liberal issue of credit-cards will be misused by fraud-minded persons. Already account-holders have facility of debit-cards to all account-holders. Rather SBI should take lead in abolishing transaction-charges on use of credit and debit cards. Processing charges on issue of credit and debit cards should also be abolished. Presently sellers charge transaction-charge of 2-percenbt from customers on purchases made through credit...

Welcome decision to issue 200-rupee notes: 2000-rupees notes be not printed any more   It refers to board of Reserve Bank of India (RBI) in March 2017 reportedly having given nod to print 200-rupees notes. Decision will also be in tune with internationally accepted system for printing currency-notes in a series of 1-2-5 which required denomination of 200-rupees notes between existing currency-denominations of rupees 100 and 500. But with same norms, 2000-notes should no more to be printed with central government already having ruled out plan to issue 1000-rupees notes. Otherwise also, 2000-rupees notes are not acceptable amongst masses, and might being for parking dirty money and parallel economy of black money thus killing the very purpose of bold step of demonetization taken on 08.1...