Assets worth only Rs 4,000 cr declared till mid-August; govt expects pick-up in last 2 weeks
The textiles sector is India's largest organised employer and critical for the prime minister's dream of creating jobs
Skymet said September would be much better and it expects it to end at 111 per cent of the LPA
In the global markets, pulses prices have slumped because of a bumper harvest.
Middle class constituted about 49 per cent of the total tax payees in financial year 2011-12
Agriculture ministry to prepare blueprint for purchasing onions directly from farmers and the expenditure on damages would be shared equally between the Centre and state governments.
Petroleum being out of the goods and services tax initially will create some anomaly as tax credit on some of the inputs to oil industry may not be given, said revenue secretary Hasmukh Adhia.
Good monsoon is likely to create more jobs in the agriculture sector, which in turn could save the exchequer around Rs 10,000 crore
This could have huge implications for agriculture, food prices, supply and overall economic growth of the country
The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
At present, the Met department is often unable to provide exact information on the exact amount of rain over a localised area.
Make In India and the reduction in barriers of trade will potentially create a growth environment.
The states have unanimously pitched for sole administrative powers to carry out assessment, scrutiny and enforcement for entities up to an annual turnover of Rs 1.5 crore.
Scrapping Plan and non-Plan classifications necessitates the change
The Congress, however, said it wanted to see the final print on the wording of the dispute resolution mechanism before committing its support to the Bill
Breaking a long tradition, the PMO has ensured that specific divisions in each ministry are allocated to junior ministers.
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Prime Minister Narendra Modi has asked NITI Aayog to frame policies to propel India into the next century.
The disagreement between the Centre and states continued over administrative powers.
Non-compliance, underreporting or misreporting will attract a penalty of 50-200 per cent. The authorities may during assessment even tax assets that are 15-20 years old
In the first tranche, the department will send out letters in 100,000 cases where the money spent is at least Rs 1 crore (Rs 10 million) each a year.
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