Mahua Venkatesh

Mahua Venkatesh has been in the field for about 20 years now. She writes on economy, banking and finance.

Articles by Mahua Venkatesh

GST council may reconsider products under 28% slab, ease filing returns

The glitch in the GST network portal, where all traders and businesses have to mandatorily file their returns, is one of the major challenges.
A consumer goods trader shows letters GST representing
A consumer goods trader shows letters GST representing "Goods and Services Tax" (GST)at his shop in Hyderabad.(AFP File Photo)
Updated on Oct 06, 2017 10:26 AM IST
Copy Link
Hindustan Times, New Delhi | By

Demonetisation: Bank employees, yet to be paid for overtime, threaten strike

The government’s November 8 decision to scrap bank notes of Rs 500 and Rs 1,000 triggered a country-wide rush as millions ended up in banks to exchange their notes for legal tender
People deposit discontinued notes at a bank in Guwahati on December 30, 2016. India pulled out old Rs 500 and Rs 1,000 notes from circulation in November last year.(AP)
People deposit discontinued notes at a bank in Guwahati on December 30, 2016. India pulled out old Rs 500 and Rs 1,000 notes from circulation in November last year.(AP)
Updated on Oct 04, 2017 11:59 PM IST
Copy Link
Hindustan Times, New Delhi | By

New Rs 100 notes coming next year, printing to begin in April

RBI officials old notes will continue to be valid and will gradually be replaced without disrupting cash flow
RBI had announced in December that all currency notes will gradually be redesigned.(HT file photo)
RBI had announced in December that all currency notes will gradually be redesigned.(HT file photo)
Updated on Oct 03, 2017 11:18 AM IST
Copy Link
Hindustan Times, New Delhi | By, New Delhi

GST confusion could hit India’s quest to improve ease of doing business ranking

With a ranking of 130 out of 190 countries, India is still adrift of its target to be among the top 50 countries in relation to the ease of doing business.
The uncertainty over tax rates and the problems faced by the businesses in filing returns could impact India’s ambition of climbing up on the ease of doing business index.(AFP File Photo)
The uncertainty over tax rates and the problems faced by the businesses in filing returns could impact India’s ambition of climbing up on the ease of doing business index.(AFP File Photo)
Published on Sep 23, 2017 09:31 PM IST
Copy Link
Hindustan Times, Nw Delhi | By

Dalits, tribals prefer loans for home than education

The rise in housing loans coincides with the construction of more houses under the Pradhan Mantri Awas Yojna, a programme in which eligible recipients get money from the government.
People are reflected on the glass of a framed photograph of Bhimrao Ambedkar, as they visit a memorial dedicated to him, on his birth anniversary in Mumbai on April 14, 2016.(AP File Photo)
People are reflected on the glass of a framed photograph of Bhimrao Ambedkar, as they visit a memorial dedicated to him, on his birth anniversary in Mumbai on April 14, 2016.(AP File Photo)
Updated on Sep 14, 2017 12:11 AM IST
Copy Link
Hindustan Times, New Delhi | BySaubhadra Chatterji and Mahua Venkatesh

Cabinet clears 1% DA hike; good news for 49 lakh staffers, 61 lakh pensioners

The central government employees and pensioners will get the hiked salaries from July 1, 2017. The move can mildly support the economy that is seen reeling from the affects of note ban.
The Union Cabinet on Tuesday also approved a bill that will raise the gratuity ceiling for private sector employees.(HT file)
The Union Cabinet on Tuesday also approved a bill that will raise the gratuity ceiling for private sector employees.(HT file)
Updated on Sep 13, 2017 12:29 AM IST
Copy Link
Hindustan Times, New Delhi | By

Amid Doklam standoff, Chinese imports to India up by 33% in April-June quarter

The rise in imports is on the back of a stronger rupee that has appreciated about 5.5% against the US dollar and 3.7% against the Chinese yuan since February.
Citizens burn a Chinese national flag during a protest to boycott Chinese products in Ahmedabad after reports of alleged incursion by Chinese troops deep inside Indian territory.(AFP File Photo)
Citizens burn a Chinese national flag during a protest to boycott Chinese products in Ahmedabad after reports of alleged incursion by Chinese troops deep inside Indian territory.(AFP File Photo)
Updated on Aug 14, 2017 11:25 AM IST
Copy Link
Hindustan Times, New Delhi | By

Achieving high end of 6.75-7.5% growth difficult: Economic Survey

The government presented a second or a mid-year economic survey for the year 2017-18 highlighting the new factors that the economy faces since the last such exercise in February.
The Economic Survey said that the balance of risk to achieving the 6.75-7.5% growth has shifted to the downside.(HT File)
The Economic Survey said that the balance of risk to achieving the 6.75-7.5% growth has shifted to the downside.(HT File)
Updated on Aug 11, 2017 11:52 PM IST
Copy Link
Hindustan Times, New Delhi | By

Confusion over GST prevails, this festive season gift hampers may cost you dear

Shopkeepers are not clear about the new tax rate applicable on a basket containing assorted goodies with different tax slabs under the goods and services tax regime.
Many shopkeepers do not have any clarity on tax rates, especially for gift hampers containing different items. (HT file photo)
Many shopkeepers do not have any clarity on tax rates, especially for gift hampers containing different items. (HT file photo)
Updated on Aug 07, 2017 09:06 AM IST
Copy Link
Hindustan Times, New Delhi | By

Lessons from Saradha & Rose Valley? New law to regulate chit funds soon

Chit funds are registered under the Chit Funds Act, 1982 but the absence of a regulator and a nationwide framework of guidelines makes investors vulnerable.
Arun Jaitley during the ongoing monsoon session at Parliament, in New Delhi.(PTI Photo)
Arun Jaitley during the ongoing monsoon session at Parliament, in New Delhi.(PTI Photo)
Updated on Aug 04, 2017 10:25 AM IST
Copy Link
Hindustan Times, New Delhi | BySuchetana Ray and Mahua Venkatesh

Scam alert: Beware of fake mails from Income Tax dept seeking bank details

Experts advise looking carefully at e-mails resembling official I-T dept accounts
Updated on Aug 01, 2017 11:29 AM IST
Copy Link
Hindustan Times, New Delhi | By, New Delhi

Maharashtra tops the list of fresh GST registrations, Gujarat comes second

Ten lakh applications for new GST registrations under unified tax regime have been received from across the country
Former President Pranab Mukherjee and Prime Minister Narendra Modi press buttons for the launch of Goods and Services Tax at midnight of June 30 at the special ceremony in the Central Hall of Parliament in New Delhi.(PTI File photo)
Former President Pranab Mukherjee and Prime Minister Narendra Modi press buttons for the launch of Goods and Services Tax at midnight of June 30 at the special ceremony in the Central Hall of Parliament in New Delhi.(PTI File photo)
Updated on Jul 31, 2017 09:28 AM IST
Copy Link
Hindustan Times, New Delhi | By

I-T dept doubled its haul in 2016-17; seized cash, jewellery worth Rs 1,469 crore

The Income Tax department, which has intensified its drive against black money hoarders, carried out 1,152 searches.
In In 2015-16, the Income Tax department had seized cash and jewellery worth Rs 712.68 crore.(REUTERS File Photo / Representational)
In In 2015-16, the Income Tax department had seized cash and jewellery worth Rs 712.68 crore.(REUTERS File Photo / Representational)
Updated on Jul 29, 2017 11:52 PM IST
Copy Link
Hindustan Times, New Delhi | By

Six telecom companies under-reported revenue by over Rs 61,000 crore: CAG

The CAG audited six telecom companies — Bharti Airtel, Vodafone, Aircel, Idea, Reliance Communication and Sistema Shyam Teleservices Ltd — and said they under-reported their adjusted gross revenue (AGR) by Rs 61,064 crore during 2010-2015.
CAG said the under-reporting reduced the government’s earnings in form of spectrum charges and licensing by Rs 7,697.6 crore. (Photo: Mint)
CAG said the under-reporting reduced the government’s earnings in form of spectrum charges and licensing by Rs 7,697.6 crore. (Photo: Mint)
Updated on Jul 22, 2017 07:15 AM IST
Copy Link
Hindustan Times, New Delhi | By

Govt goes after tax cheats in new SMS drive

The government has launched a fresh drive to catch tax cheats, identifying thousands of people who made big investments over the past two years but neither paid income tax nor filed I-T returns.
To begin with, the focus will be on suspected tax cheats in the four metros and some big cities. The SMS drive was launched mid-June. No deadline has been fixed for the filing to tax returns by those identified.(Representative Photo)
To begin with, the focus will be on suspected tax cheats in the four metros and some big cities. The SMS drive was launched mid-June. No deadline has been fixed for the filing to tax returns by those identified.(Representative Photo)
Updated on Jul 09, 2017 07:29 AM IST
Copy Link
Hindustan Times, New Delhi | By

Loan waivers help less than 10% of farmers in distress, says NITI Aayog member

The NITI Aayog member pitches for targeted relief for those who take loans from moneylenders.
Data available with the think tank shows that 50% of those farmers who take loans do so from non-institutional sources like money lenders, paying higher rates of interest.(File Photo)
Data available with the think tank shows that 50% of those farmers who take loans do so from non-institutional sources like money lenders, paying higher rates of interest.(File Photo)
Updated on Jul 07, 2017 12:16 AM IST
Copy Link
New Delhi, Hindustan Times | ByJatin Gandhi and Mahua Venkatesh

Allow people with genuine reasons to deposit banned notes: SC to govt

The Supreme Court’s is hearing petitions challenging the government’s notification that disallowed citizens from depositing old notes.
The Rs 1000 and Rs 500 bank notes that were demonetised by the government in November 2016 constituted 86% of the currency in circulation.(File Photo)
The Rs 1000 and Rs 500 bank notes that were demonetised by the government in November 2016 constituted 86% of the currency in circulation.(File Photo)
Updated on Jul 05, 2017 12:13 AM IST
Copy Link
Hidnustan Times, New Delhi | ByBhadra Sinha & Mahua Venkatesh

Over 1 crore PANs linked to Aadhaar in June, those not linked remain valid for now

The government earlier said the PANs not linked with the Aadhaar numbers would eventually become invalid and will not be considered for identification purposes.
The government will decide the cut-off date, after which PANs not linked to Aadhaar will be deemed invalid, only after Augus.(AFP Photo)
The government will decide the cut-off date, after which PANs not linked to Aadhaar will be deemed invalid, only after Augus.(AFP Photo)
Updated on Jul 04, 2017 06:53 PM IST
Copy Link

Day 1 of GST rollout: No major panic barring few lapses as businesses transition

The transition to GST meant businesses had to overhaul their accounting to a new format that millions of traders and merchants seemed unable to have done.
A bill is clumped together with others at a restaurant with the new Goods and Services Tax (GST) added to it, in Mumbai.(AP Photo)
A bill is clumped together with others at a restaurant with the new Goods and Services Tax (GST) added to it, in Mumbai.(AP Photo)
Updated on Jul 02, 2017 07:15 AM IST
Copy Link
Hindustan Times, New Delhi | By

Jammu and Kashmir to switch to GST by July 6: State finance minister

Haseeb Drabu had earlier said the government will factor in constitutional, legislative, administrative and institutional issues distinct to the state while implementing the GST.(HT File Photo)
Haseeb Drabu had earlier said the government will factor in constitutional, legislative, administrative and institutional issues distinct to the state while implementing the GST.(HT File Photo)
Updated on Jul 06, 2017 09:57 AM IST
Copy Link
Hindustan Times | By, New Delhi

GST, India’s biggest tax reform, launched at midnight; PM Modi says ‘Good and Simple Tax’ will help poor

India’s biggest tax reform, Goods and Services Tax (GST), which was launched at midnight on Friday, will replace some 20 federal and state levies.
President Pranab Mukherjee and PM Narendra Modi press buttons for the launch of Goods and Services Tax (GST) at midnight, at the special ceremony in the Central Hall of Parliament in New Delhi.(PTI Photo)
President Pranab Mukherjee and PM Narendra Modi press buttons for the launch of Goods and Services Tax (GST) at midnight, at the special ceremony in the Central Hall of Parliament in New Delhi.(PTI Photo)
Updated on Jul 06, 2017 09:58 AM IST
Copy Link
Hindustan Times, New Delhi | BySaubhadra Chatterjee and Mahua Venkatesh

Jammu and Kashmir yet to implement GST, aims to build broader consensus

Unlike other states, it would take a legislative amendment to adopt GST in the state.
A round-table conference being held to discuss implementation of Goods and Services Tax in Jammu and Kashmir, in Srinagar on Thursday.(PTI Photo)
A round-table conference being held to discuss implementation of Goods and Services Tax in Jammu and Kashmir, in Srinagar on Thursday.(PTI Photo)
Updated on Jun 30, 2017 04:43 PM IST
Copy Link
New Delhi, Hindustan Times | By

Customers forced to pay transaction fee for using cards in small towns

Shop owners in many parts of the country are unlawfully charging a premium from customers who pay with cards.
The agreement retailers sign with banks for card-swipe devices — technically called point-of-sale (POS) terminals — contains a clause forbidding them from charging customers for the facility.(Shutterstock)
The agreement retailers sign with banks for card-swipe devices — technically called point-of-sale (POS) terminals — contains a clause forbidding them from charging customers for the facility.(Shutterstock)
Updated on Jun 24, 2017 11:08 PM IST
Copy Link
Hindustan Times, New Delhi | By

Farmers’ protests fallout: Govt extends interest subsidy on short term crop loans

Farmers will also get loans for post-harvest storage of their produce at a subsidised interest rate of 7% for six months.
Farmers who repay the loan on time will be provided an interest subsidy of 5%.(Diwakar Prasad/ Hindustan Times)
Farmers who repay the loan on time will be provided an interest subsidy of 5%.(Diwakar Prasad/ Hindustan Times)
Updated on Jun 18, 2017 08:31 AM IST
Copy Link
Hindustan Times, New Delhi | By

Steel houses to be pivot of govt’s low-cost housing scheme

If the experiment succeeds, the model can be used for building schools and panchayat buildings.(Pratham Gokhale/HT Photo)
If the experiment succeeds, the model can be used for building schools and panchayat buildings.(Pratham Gokhale/HT Photo)
Updated on Jun 13, 2017 11:22 PM IST
Copy Link
By, New Delhi

Govt’s black money account got 45,000 emails from whistleblowers, only 6,000 genuine

The government, after the announcement of the demonetisation exercise in November last year, set up an email account — blackmoneyinfo@incometax.gov.in —  to encourage common citizens to pass on critical information about black money and demonetisation.
In December, just after it was set up, the I-T department received 22,500 emails on illegal cash hoarders.
In December, just after it was set up, the I-T department received 22,500 emails on illegal cash hoarders.
Updated on Jun 12, 2017 11:37 PM IST
Copy Link
Hindustan Times, New Delhi | By

Just 6.2 crore out of 29 crore PAN cards linked with Aadhaar so far

Of the 29 crore PAN card holders in the country, only 5.2 crore filed their tax returns last year. However, 98% of the Indians have the 12-digit unique biometric Aadhaar number.
An Indian visitor gives a thumb impression to withdraw money from his bank account with his Aadhaar or Unique Identification (UID) card during a Digi Dhan Mela.(AFP Photo)
An Indian visitor gives a thumb impression to withdraw money from his bank account with his Aadhaar or Unique Identification (UID) card during a Digi Dhan Mela.(AFP Photo)
Updated on Jun 09, 2017 03:01 PM IST
Copy Link
Hindustan Times, New Delhi | By

I-T dept sets eyes on benami assets acquired in past 3 years

Government sources said that depending on the response the department receives, it will decide whether or not to probe into cases that are beyond the three-year period.
Government sources said that depending on the response the department receives, it will decide whether or not to probe into cases that are beyond the three-year period.(Representative Photo)
Government sources said that depending on the response the department receives, it will decide whether or not to probe into cases that are beyond the three-year period.(Representative Photo)
Updated on Jun 03, 2017 12:13 AM IST
Copy Link
Hindustan Times, New Delhi | By

India ranks 120th among 131 nations in women workforce, says World Bank report

It said the country had one of the lowest female participation in the workforce.
The participation level has been dropping since 2005, despite having 42% women who are graduates.(File Photo)
The participation level has been dropping since 2005, despite having 42% women who are graduates.(File Photo)
Updated on May 29, 2017 11:36 PM IST
Copy Link
New Delhi, Hindustan Times | By

World Bank: India growth slowed to 6.8% in 2016-17 on note ban, to rebound to 7.2% this year on reforms

World Bank says the demonetisation drive impacted the poor and the vulnerable the most
World Bank logo outside its building.(PTI photo)
World Bank logo outside its building.(PTI photo)
Updated on Jun 04, 2017 11:25 PM IST
Copy Link
Hindustan Times, New Delhi | By
SHARE
  • 1
  • 2
  • 3
  • ...
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, May 26, 2022