Mahua Venkatesh has been in the field for about 20 years now. She writes on economy, banking and finance.
Articles by Mahua Venkatesh
The glitch in the GST network portal, where all traders and businesses have to mandatorily file their returns, is one of the major challenges.
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
RBI officials old notes will continue to be valid and will gradually be replaced without disrupting cash flow
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 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.
Updated on Sep 14, 2017 12:11 AM IST
Hindustan Times, New Delhi | BySaubhadra Chatterji and Mahua Venkatesh
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 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.
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.
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.
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.
Updated on Aug 04, 2017 10:25 AM IST
Hindustan Times, New Delhi | BySuchetana Ray and Mahua Venkatesh
Experts advise looking carefully at e-mails resembling official I-T dept accounts
Ten lakh applications for new GST registrations under unified tax regime have been received from across the country
The Income Tax department, which has intensified its drive against black money hoarders, carried out 1,152 searches.
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.
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.
The NITI Aayog member pitches for targeted relief for those who take loans from moneylenders.
Updated on Jul 07, 2017 12:16 AM IST
New Delhi, Hindustan Times | ByJatin Gandhi and Mahua Venkatesh
The Supreme Court’s is hearing petitions challenging the government’s notification that disallowed citizens from depositing old notes.
Updated on Jul 05, 2017 12:13 AM IST
Hidnustan Times, New Delhi | ByBhadra Sinha & Mahua Venkatesh
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 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.
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.
Updated on Jul 06, 2017 09:58 AM IST
Hindustan Times, New Delhi | BySaubhadra Chatterjee and Mahua Venkatesh
Unlike other states, it would take a legislative amendment to adopt GST in the state.
Shop owners in many parts of the country are unlawfully charging a premium from customers who pay with cards.
Farmers will also get loans for post-harvest storage of their produce at a subsidised interest rate of 7% for six months.
The government, after the announcement of the demonetisation exercise in November last year, set up an email account — firstname.lastname@example.org — to encourage common citizens to pass on critical information about black money and demonetisation.
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.
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.
It said the country had one of the lowest female participation in the workforce.
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