Liberalisation
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Government Exempts TCS For Remittances For Education Purposes
Education Budget 2025: The Government has also increased threshold to collect TCS on remittances under Liberalised Remittance Scheme
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Why Was The 1973-74 Budget Called "Black Budget"?
From Manmohan Singh introducing liberalisation, privatisation, and globalisation in 1991 to P Chidamabaram reducing personal and corporate tax in 1997, the country, in the last four decades, has witnessed some landmark Budgets.
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"Take Great Pride In Being A Sikh": What Manmohan Singh Told NDTV
Former Prime Minister Manmohan Singh - a soft-spoken and erudite scholar, perhaps best known as the architect of the 1991 reforms that led India into an era of liberalisation and growth - wore many hats, including that of a Sikh.
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A Late Night Call That Catapulted Manmohan Singh Into Politics
Manmohan Singh was woken up by an "out of the blue" call from PV Narasimha Rao's then principal secretary PC Alexander, who informed him that he was the pick to be the finance minister.
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"When Prime Minister Speaks, People Listen": Barack Obama On Manmohan Singh At G20
Manmohan Singh, the former Prime Minister whose lasting legacy would be seen by many as the economic liberalisation of 1991, will perhaps be remembered as much for his perseverance in bringing about the nuclear deal with the US.
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Manmohan Singh, The Technocrat Who Transformed India's Economy
Manmohan Singh -- former Prime Minister of India, renowned economist, technocrat and the architect of India's liberalisation, which pulled the country out of economic atrophy - has died at 92.
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Day After Budget 2024, M Kharge Recalls "Groundbreaking" 1991 Budget
Congress president Mallikarjun Kharge on Wednesday said his party takes immense pride in the groundbreaking achievement of the Liberalisation Budget of 1991 and asserted that there is a pressing need once again for meaningful budget.
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Centre Won't Liberalise Foreign Direct Investment In Tobacco Sector: Minister
The central government is not inclined to liberalize Foreign Direct Investment (FDI) in the tobacco sector, Union Commerce Minister Piyush Goyal said on Tuesday.
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Centre's Big Praise For Former PM Manmohan Singh In Supreme Court
The BJP-led central government commended former prime minister PV Narasimha Rao and his then finance minister, Manmohan Singh, for their pivotal roles in initiating economic liberalisation and opening up the Indian economy in 1991.
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Opinion: A Long Due Bharat Ratna - Narasimha Rao I Met Three Decades Ago
Rao remains one of the most underestimated Prime Ministers in Indian history. Despite widespread scepticism, he boldly pursued economic liberalisation, dismantling bureaucratic impediments and initiating reforms to attract foreign investment.
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There Was A Time When 1 Dollar Was Less Than Rs 5: Know History
The liberalisation of 1991 proved to be a crucial turning point in India's economic history and significantly impacted the rupee-dollar exchange rate.
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Ministry's Clarification On Tax On Overseas Spending Through Credit Cards
The government on Friday said no TCS will be levied on international spending of up to Rs 7 lakh a year by using debit or credit cards.
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Explained: Finance Ministry's FAQs On Remittance Scheme
The Finance Ministry has published an FAQ on its announcement that international credit card payments will come under the RBI's liberalised remittance scheme, or LRS.
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Apple, Foxconn Efforts Lead to Labour Reforms Ahead of Plans to Ramp Up Production in India: Report
Apple and Foxconn, a major supplier for the Cupertino company, successfully lobbied for liberalisation of labour laws in Karnataka earlier in March, according to a report. Lobbying by Apple and Foxconn led to laws that allow 12-hour shifts and night-time work for women in the state.
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Centre Undertakes Series of Reform Measures to Make India Global Drone Hub by 2030, MoS Civil Aviation Says
The government has taken various steps to make India a global drone hub by 2030, Minister of State for Civil Aviation VK Singh told the Rajya Sabha on Monday. The Centre has notified the Liberalised Drone Rules, 2021, and a PLI scheme for drones, published the Drone Airspace Map and UAS traffic management policy framework last year, among other mea...
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Government Exempts TCS For Remittances For Education Purposes
Education Budget 2025: The Government has also increased threshold to collect TCS on remittances under Liberalised Remittance Scheme
-
Why Was The 1973-74 Budget Called "Black Budget"?
From Manmohan Singh introducing liberalisation, privatisation, and globalisation in 1991 to P Chidamabaram reducing personal and corporate tax in 1997, the country, in the last four decades, has witnessed some landmark Budgets.
-
"Take Great Pride In Being A Sikh": What Manmohan Singh Told NDTV
Former Prime Minister Manmohan Singh - a soft-spoken and erudite scholar, perhaps best known as the architect of the 1991 reforms that led India into an era of liberalisation and growth - wore many hats, including that of a Sikh.
-
A Late Night Call That Catapulted Manmohan Singh Into Politics
Manmohan Singh was woken up by an "out of the blue" call from PV Narasimha Rao's then principal secretary PC Alexander, who informed him that he was the pick to be the finance minister.
-
"When Prime Minister Speaks, People Listen": Barack Obama On Manmohan Singh At G20
Manmohan Singh, the former Prime Minister whose lasting legacy would be seen by many as the economic liberalisation of 1991, will perhaps be remembered as much for his perseverance in bringing about the nuclear deal with the US.
-
Manmohan Singh, The Technocrat Who Transformed India's Economy
Manmohan Singh -- former Prime Minister of India, renowned economist, technocrat and the architect of India's liberalisation, which pulled the country out of economic atrophy - has died at 92.
-
Day After Budget 2024, M Kharge Recalls "Groundbreaking" 1991 Budget
Congress president Mallikarjun Kharge on Wednesday said his party takes immense pride in the groundbreaking achievement of the Liberalisation Budget of 1991 and asserted that there is a pressing need once again for meaningful budget.
-
Centre Won't Liberalise Foreign Direct Investment In Tobacco Sector: Minister
The central government is not inclined to liberalize Foreign Direct Investment (FDI) in the tobacco sector, Union Commerce Minister Piyush Goyal said on Tuesday.
-
Centre's Big Praise For Former PM Manmohan Singh In Supreme Court
The BJP-led central government commended former prime minister PV Narasimha Rao and his then finance minister, Manmohan Singh, for their pivotal roles in initiating economic liberalisation and opening up the Indian economy in 1991.
-
Opinion: A Long Due Bharat Ratna - Narasimha Rao I Met Three Decades Ago
Rao remains one of the most underestimated Prime Ministers in Indian history. Despite widespread scepticism, he boldly pursued economic liberalisation, dismantling bureaucratic impediments and initiating reforms to attract foreign investment.
-
There Was A Time When 1 Dollar Was Less Than Rs 5: Know History
The liberalisation of 1991 proved to be a crucial turning point in India's economic history and significantly impacted the rupee-dollar exchange rate.
-
Ministry's Clarification On Tax On Overseas Spending Through Credit Cards
The government on Friday said no TCS will be levied on international spending of up to Rs 7 lakh a year by using debit or credit cards.
-
Explained: Finance Ministry's FAQs On Remittance Scheme
The Finance Ministry has published an FAQ on its announcement that international credit card payments will come under the RBI's liberalised remittance scheme, or LRS.
-
Apple, Foxconn Efforts Lead to Labour Reforms Ahead of Plans to Ramp Up Production in India: Report
Apple and Foxconn, a major supplier for the Cupertino company, successfully lobbied for liberalisation of labour laws in Karnataka earlier in March, according to a report. Lobbying by Apple and Foxconn led to laws that allow 12-hour shifts and night-time work for women in the state.
-
Centre Undertakes Series of Reform Measures to Make India Global Drone Hub by 2030, MoS Civil Aviation Says
The government has taken various steps to make India a global drone hub by 2030, Minister of State for Civil Aviation VK Singh told the Rajya Sabha on Monday. The Centre has notified the Liberalised Drone Rules, 2021, and a PLI scheme for drones, published the Drone Airspace Map and UAS traffic management policy framework last year, among other mea...
