Interestingly, PM Modi had thanked his UAE counterpart Sheikh Mohammed bin Rashid Al Maktoum for offering the support to the rain-battered state on August 18.
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
The deposit has been made on account of the rate reductions approved by the GST Council in its November. The rate was reduced on items including shampoo, detergents, chocolates, beauty products, sanitary ware, leather clothing, cookers, stoves, after-shave, deodorant, detergent and washing power. Companies found it difficult to pass on the benefits to consumers immediately at the time of GST rate reduction owing to logistical issues.
Sources at the NSE as well as the President's office rejected media reports that Kovind's pulling out of the event had to do with reasons other than his packed itinerary this week.
The election to the post is mostly decided by consensus, but opposition leaders complain that the Narendra Modi government was yet to reach out to them, reports Archis Mohan.
Since its rollout 13 months ago, the new indirect tax has yielded Rs 1 trillion only in in April 2018
A report by parliamentary standing committee on commerce noted that Indian industry was getting decimated by China dumping its cheap products in India.
Rationalisation of rates will be taken up for smaller items that do not have major revenue implications but are commonly consumed at the GST Council meet on Saturday
A US president graced the Republic Day parade in the first year of the Modi regime. Will another American prez turn up in the final year of the first Modi Sarkar?
Besides selling movable and immovable assets to make recoveries, taxmen filed prosecution cases against those not paying the demand.
The panel decided to omit the reverse charge mechanism (RCM) clause from the GST law under which registered taxpayers buying from unregistered taxpayers have to deposit the GST.
The central government wants to impose the levy; many states are opposed - at least, to the Centre doing so
The BJP can only form a government if the PDP splits.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
Shadow of elections may overshadow political consensus at GST Council meetings.
GSTN is planning a disaster recovery drill and hence services will not be available for 12 hours, between 9am and 9pm, on July 1, and has requested the taxpayers to plan GST-related activities on the portal accordingly.
A suitable non-Congress candidate from a regional party could help influence even some of the NDA allies like the Shiv Sena and the Janata Dal-United to vote for a consensus Opposition candidate, reports Archis Mohan.
Congress chief Rahul Gandhi has taken to invest in young people from non-dynastic backgrounds to build a core team of 100-odd youths in every state who believe in the Congress party's philosophy, reports Archis Mohan.
Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
The state doesn't only have religious and spiritual significance, but also electoral significance as it is the last Yoga Day celebrations before the 2019 Lok Sabha polls, reports Archis Mohan.
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