The World Economic Forum (WEF) is currently organising its 33rd India Economic Summit in New Delhi and more than 800 leaders from 40 countries including senior public figures are expected to take part in the summit.
The Central Board of Direct Taxes (CBDT) put into action a computer-generated Document Identification Number (DIN). This system will ensure greater transparency and accountability in tax administration.
Union Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur while addressing a press conference said that the steps taken by the Union government to give a boost to the economy in the wake of the slowdown will start bearing fruit in the coming months.
According to the latest payroll data from Employees' State Insurance Corporation (ESIC) about 14.24 lakh jobs were created in July, which were higher than 12.49 lakh in June of this year.
Several policy makers lauded the tax cuts announced by Finance Minister Nirmala Sitharaman and said that this and other fiscal relief measures were “bold” and would boost economic growth.
Railways Minister Piyush Goyal has announced that the Vande Bharat Express will start operations during Navratras. This train will facilitate pilgrims visiting the Vaishno Devi shrine in Katra near Jammu.