SEBI to set up a panel to suggest changes to SCRA Subject :Economy Section: Capital Market In News: The Securities and Exchange Board of India (Sebi) plans to form an expert committee to suggest changes to the 67-year-old Securities Contract Regulation Act (SCRA) Key Points: SCRA is a key legislation under which Sebi […]
The CPI basket: problem of relevance and true measurement of inflation Subject :Economy Section: Inflation In Brief: India’s consumer price index (CPI) basket of goods continues to include items that are no longer relevant to a normal consumer (eg. Radio, DVD player). The consumption basket changes because of both technological changes, but also […]
GST Appellate Tribunal Subject :Economy Section: Fiscal Policy Concept : The 50th meeting of the Goods and Services Tax (GST) Council was held under the chairpersonship of Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman recommended the notification of the GST appellate tribunal by the centre with effect from 01.08.2023. Goods and […]
Government refers traders pleas against Amazon Subject :Economy Section: In News: Centre has asked the Department of Consumer Affairs (DCA) and Competition Commission of India (CCI) to take action on trade body CAIT’s representation seeking urgent steps against Amazon India, in light of recent US Federal Trade Commission (FTC) complaint against the e-commerce […]
Government imposes curbs on certain gold jewellery, articles Subject :Economy Section: External Sector In News: The government on Wednesday imposed import restrictions on certain gold jewellery and articles, a move which would help cut import of non-essential items. Key Points: Now an importer would need a permission of licence from the government for […]
GST Council for 28% on full face value of casino, online game, horse race bets Subject :Economy Section: Fiscal Policy In News: GST Council in its 50th meeting has recommended 28 per cent rate at full face value for online gaming, casinos and horse racing. Key Points: The GST rate of 28 per […]