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Economy

Corrupt IAS officer offers his post to Vijay Mallya so that the latter can earn 9000 Crores in bribes

Corrupt IAS officer offers his post to Vijay Mallya so that the latter can earn 9000 Crores in bribes

May 4, 2016 Comments

Vijay Mallya has been offered a way to return the 9,000 Crores he owes to the banks

Government to Introduce New Mallya Cess to Recover the Money Lost by PSU Banks

Government to Introduce New Mallya Cess to Recover the Money Lost by PSU Banks

Mar 11, 2016 Comments

Soon after the news of Vijay Mallya escaping the country made headlines, the central government has announced a new cess called Mallya Cess to cover the losses of PSU Banks.

Ghosts protest as govt. declares ‘haunting’ a service, levies 14.5% service tax and 0.5% Swachh Bharat cess

Ghosts protest as govt. declares ‘haunting’ a service, levies 14.5% service tax and 0.5% Swachh Bharat cess

Mar 8, 2016 Comments

After getting tired of taxing the living, Government to tax the dead.

Investors ask govt to list tobacco in the commodities market so that they can earn about 10-15% off it every year

Investors ask govt to list tobacco in the commodities market so that they can earn about 10-15% off it every year

Mar 5, 2016 Comments

In exclusive data accessed by Faking News many investors have asked the government to list tobacco as an item in the commodities market so that can get assured return on investment of about 10-15% of it.

After taxing EPF, Government to tax children’s Piggy banks

After taxing EPF, Government to tax children’s Piggy banks

Mar 1, 2016 Comments

After dropping a bombshell on salaried employees by imposing a tax on employee provident fund (EPF), Government has decided to go after the savings collected by children in their Piggy banks.

With an eye on TRPs, Govt of India will rope in Chris Rock to read the 2017 Union Budget

With an eye on TRPs, Govt of India will rope in Chris Rock to read the 2017 Union Budget

Feb 29, 2016 Comments

Government of India intends to boost the TRP of budget presentation by roping in comedian Chris Rock

Jaitley all set to announce Rs. 30,000 Crore package for celebrating cricket victories against Pakistan

Jaitley all set to announce Rs. 30,000 Crore package for celebrating cricket victories against Pakistan

Feb 29, 2016 Comments

Finance minister Arun Jaitley is all set to announce a whopping Rs. 30000 Crore special package for celebrating victories against arch-rivals Pakistan in Cricket.

Expecting cigarette price hike, college student already informed parents that his fees are increasing

Expecting cigarette price hike, college student already informed parents that his fees are increasing

Feb 26, 2016 Comments

Expecting an increase in cigarette prices like every year, a 22 yrs old MBA student, Nishant Nagpal has already informed his parents that his college tuition fees will increase from 1st of March.

Railways to announce special coach for people who switch on lights in the middle of the night

Railways to announce special coach for people who switch on lights in the middle of the night

Feb 25, 2016 Comments

Indian Railways is all set to announce special coaches to accommodate passengers who have a habit of inexplicably switching on the lights in the middle of the night.

After Samosa and Jalebi, Bihar should charge luxury tax on these 5 things

After Samosa and Jalebi, Bihar should charge luxury tax on these 5 things

Jan 14, 2016 Comments

The Bihar government has decided to impose 13.5 per cent tax on luxury items in the state to get additional revenue for the state. Some of the items taxed under this scheme include Samosas, Jalebis and mosquito repellants