Ease of doing business Current Affairs - 2019

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CBDT inks 7 Advance Pricing Agreements to cut tax litigation

The Central Board of Direct Taxes (CBDT) has signed seven unilateral Advance Pricing Agreements (APAs) with Indian taxpayers to reduce tax litigation. With this, CBDT has so far entered into 77 APAs. This includes three bilateral APAs and 74 unilateral APAs. These 7 APAs signed pertain to various sectors like banking, information technology and automotives. Read More…

Month:  Categories: Governance & Politics

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India ranks 35th in 2016 Logistics Performance Index: World Bank Report

In the recently released bi-annual Logistics Performance Index (LPI) 2016 of World Bank Group, India ranked 35th among 160 countries. The index was published in the World Bank bi-annual report ‘Connecting to Compete 2016: Trade Logistics in the Global Economy’. For the third time, Germany has topped in LPI. Key facts Top 5 countries in Read More…

Month:  Categories: Business, Economy & BankingReports & Indices

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Union Cabinet considers Model Shops and Establishments (Regulation of Employment and Conditions of Service) Bill, 2016

The Union Cabinet has considered the Model Shops and Establishment (Regulation of Employment and Conditions of Service) Bill, 2016. The Bill will be sent to States/UTs so that they will be able to modify their individual Acts, if they so desire. The States/UTs can either adopt the Bill as it is or modify its provisions Read More…

Month:  Categories: Constitution & Law

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India ranked 2nd on GRD index on ease of doing business

India has been ranked second position as per 2016 Global Retail Development Index (GRDI) released by London-based business consultancy A T Kearney. India has jumped 13 positions from last year (2015) to rank second among 30 developing countries on ease of doing business. Key Highlights of 2016 GRDI The sharp pick up in GDP growth Read More…

Month:  Categories: Business, Economy & BankingReports & Indices

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India ranks 130 in World Bank’s 2016 rankings of Ease of Doing Business

India has been placed at 130th position among the 189 countries in the recently released World Bank’s 2016 rankings of Ease of Doing Business Report. In this edition of list, India has moved up by four spots in the global rankings compared to earlier 134th rank in recalculated 2015 rankings. Key highlights of report India Read More…

Month:  Categories: Reports & Indices

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Union Government launches single window e-biz portal

Union Government has launched a single window government-to-business (G2B) portal- e-Biz (www.ebiz.gov.in) for 11 Central government services to bring transparency and ease of doing business in the country. The portal was unveiled to public by Union Finance Minister Arun Jaitley in New Delhi. Key facts It is government’s approach aimed at improving India’s ranking in Read More…

Month:  Categories: Business, Economy & Banking

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