Supreme Court Allows Telecom Companies to Claim CENVAT Credit on Mobile Towers and Shelters Sub: Eco Sec: Fiscal policy Why in News The Supreme Court recently delivered a significant judgment in favour of telecom companies, allowing them to claim Central Value Added Tax (CENVAT) credit for mobile towers and pre-fabricated shelters. This decision […]
Chief Economic Advisor (CEA) Urges India Inc to Move Beyond Weak Currency Reliance Sub : Eco Sec : External sector Avoid Over-Reliance on Weak Currency: Chief Economic Advisor (CEA) stressed that weak currency should not be relied upon as the primary means to boost exports. Weak currency may temporarily make exports cheaper, but […]
DIPAM Issues Revised Capital Restructuring Norms for CPSEs Sub : Eco Sec: Capital Market Overview of Revised Guidelines Issued by the Department of Investment and Public Asset Management (DIPAM) on November 18, 2024. Applicable to Central Public Sector Enterprises (CPSEs) from FY 2024-25. Excludes public sector banks, public sector insurance companies, and Section […]
Imposing Tariffs on Chinese Imports: An Analysis Sub : Eco Sec: External sector Key Proposal by Donald Trump Tariffs Up to 60% on Chinese Imports: Aim: Reduce the U.S.-China trade deficit. Punitive measure to curb China’s subsidization of domestic industries, making Chinese goods more competitive in the U.S. market. Additional Tariffs on EU […]
India restricts WhatsApp sharing data with other Meta entities, imposes $25.4 mn fine Sub : Eco Sec : National Income and Indian Economy Context: Competition Commission of India (CCI) has fined Meta $25.4 million and ordered WhatsApp to stop sharing user data for advertising purposes with other Meta-owned apps for five years. Meta, […]
Dabba Trading: Resurgence, Risks, and Regulatory Challenges Sub : Eco Sec: Capital market Overview of Dabba Trading Dabba trading is an illegal, off-market trading practice where transactions occur outside recognized stock exchanges like NSE or BSE. Operation Mechanism: Investors bet on stock price movements without actual investments. Profits or losses depend on price […]