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Goa News |Economy | Finance

Thursday 13 August 2026

News Analysed, Opinions Expressed

Economy | Finance

Govt. to reduce luxury tax, power tariff

With tourism industry facing a major setback this year, Goa government is planning to reduce luxury tax drastically while also reducing power tariff for the industry, as a pre-budget exercise.Perhaps this would come as a ... READ

'Show figures, take tax-holiday'

Goa government appears to be in a mood to provide taxation intensive to the hospitality industry here, but insists that the industry proves with facts and figures that the recession has really hit the tourism ... READ

Goa awaits revenue-neutral budget

The Bharatiya Janata Party government in Goa is planning to present a revenue-neutral budget next year, provided the economy does not get crippled due to war waged by the USA against world terrorism.It basically means ... READ

LIC's unique mass pension scheme launched

The Life Insurance Corporation has entered into a new kind of social security cover at mass level, thanks to the 'freedom from hunger' scheme launched by Goa government - the first of its kind in ... READ

Goa demands 'special bonus'

Having surpassed achievement in most of the 12 key indicators set by the Planning Commission determining quality of life, Goa has now urged the centre to grant 'special bonus' to such performing states rather than ... READ

Lagaan that boomrangs

Lagaan is making waves in Goa, but not the one produced and directed by hero Amir Khan. This is produced and directed by the opposition Congress, but BJP chief minister Manohar Parrikar has become the ... READ

Parrikar launches Freedom from Hunger scheme

Goa government has launched an unique pension scheme - freedom from hunger - for old people in financial distress having no income of their own, in partnership with the Life Insurance Corporation.Describing it as a ... READ

Goa re-defines poor

Goa has redefined a poor by raising its 'below poverty line' income limit to more than double, in order to accommodate more people under the category.Goa, a tiny state on the western coast with a ... READ

Sinha learning financial tricks from Goa ?

With the centre as well as various states in the country struggling hard to manage its economics of revenue and expenditure, union finance minister Yeshwant Sinha now plans to learn the tricks from a tiny ... READ

ST exemption replaced with subsidy

In view of VAT regime beginning from April next year, Goa has decided to withdraw the sales tax exemption scheme, replacing it with a new subsidy scheme for all the industries availing the facility here.The ... READ