PAC summons RBI Governor Urjit Patel, Finance Secretary Ashok Lavasa and Economic Affairs Secretary Shaktikanta Das.
While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.
A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments
The total balance in 255 million Jan Dhan accounts now stands at Rs 66,637 crore against Rs 45,637 crore on November 9.
The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.
Continued lack of consensus at next meeting could cast shadow on GST rollout by April 1.
Former NSA Shivshankar Menon said the defence minister did not have a right to voice his personal opinion on nuclear policy in public, particularly when that opinion contradicted the country's official policy.
'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan.
The Centre is likely to introduce the Central GST and integrated GST bills in late November or early December in the ongoing session in the form of money Bills.
ArthaKranti wants the government to abolish income tax and 56 other taxes and replace it by a banking transaction tax.
Budget announcements will come right before five states, with population of around 250 million, go to polls.
A BJP leader said the money would be spent on welfare schemes for the poor, modernising of defence forces, and improving schools.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
It has the potential to burnish his image as a strong leader, bring down inflation and could turn out to be common man-friendly.
Enthused by the consensus in reaching four-tiered GST tax structure, particularly the unanimity achieved with Congress-ruled states, senior government sources were confident that the Central GST and Integrated GST Bills will be passed by both the Houses.
On Thursday, November 3, Chief Minister Akhilesh Yadav will launch his Samajwadi Rath Yatra. The official launch of the party's election campaign, but also a way of assessing how much traction he has among the people.
BKS and BMS leaders have told the BJP leadership that it is staring at a build-up of anti-government propaganda in the run-up to polls in five states.
Although Mulayam Singh has made public his preference for Akhilesh as his successor, younger son Prateek's presence in the rival camp hasn't gone unnoticed.
Even though she always knows what's happening, this was the first time she reviewed plans with party veterans.
Joining the BJP cannot have been an easy decision for former UP Congress chief Rita Bahuguna Joshi, who grew up with secular values and appears to be a victim of the party's durbar politics. Amit Agnihotri reports.
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