Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.
Steps such as safeguard duty in the works to plug the route
While Bibek Debroy echoed his view in Twitter, Pronob Sen questioned Kumar's conclusion
Entry of a higher number of technocrats, an appraisal system for civil servants and the benefits of changing the financial year may feature in the PM's fourth speech.
The clarification comes amid reports that sweet shops have discontinued chocolate barfis and chocolate sandesh.
Initiated move to privatise Air India, but reports on poverty and cast census remained unfinished
Kenneth Rogoff, professor of public policy and economics at the Harvard University, tells Dilasha Seth on the sidelines of the Delhi Economics Conclave that public sector banks will need to take a one-time haircut to address non-performing assets.
The window for registration is open up to September 30
The GST Network's chairman Navin Kumar speaks to Dilasha Seth and Indivjal Dhasmana on various aspects of the new tax regime.
On average, an account-holder among Punjab farmers availed of crop loans of around Rs 2.23 lakh in the first 11 months of 2016-17.
This may rescue pulses, cotton and oilseed sowing; rain revival in the south to take longer
Centre might move swiftly on its next round of strategic sales in CPSEs
Close to 202,000 new entities have registered under the GST Network
Maharashtra raises vehicle registration fee, Tamil Nadu ups entertainment tax
Modi's visit to dwell on water conservation, Israel's expertise in desalination may also be tapped
The southwest monsoon which reached the country on May 30 well within its normal onset date
It takes eight to nine months for developing a robust software from the time the rules are decided, warns Bharat Goenka, managing director of Tally Solutions, one of the entities entrusted as a 'Suvidha Provider' with developing ready software for customers to get them ready for the coming Goods and Services Tax.
Pipliyamandi becomes the epicentre of the current farmers' agitation across the country, demanding better price for their produce and loan waiver and a political hot-potato for all.
Without strong storage facilities, bumper harvest has resulted in price crash