Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
This would include state capitals and 53 cities with a population of 10 lakh each.
The states will be asked to tap the Centre's JAM trinity.
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
Economists have cautioned that any deferment of the government's fiscal goals would prove counter-productive and raise the interest payment burden.
Room for rise of up to 2 percentage points, move to help meet higher expenditure need in FY17
The GST bill's draft says tax would be levied on Maximum Retail Price
Common items between Centre and states - bread, eggs, milk, vegetables, cereals, books and salt - will continue to be exempted.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
The norms will affect companies in pharma, energy, manufacturing, software sectors.
The Central Board of Direct Taxes is set to rationalise I-T rules.
Andhra Pradesh posted 8.14% consumer inflation in October.
The festival season holds out hope for the real estate industry as demand from end users increases in many markets.
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
A Collection of Services Trade Statistics Act is being thought of.
There is lack of scientific basis in computing the poverty line, says govt.
The amounts were transferred from HDFC Bank to BoB.
The government is studying suggestions on checking instances of double non-taxation and 'treaty shopping'
India has a double-taxation avoidance pact with Singapore and more than 85 countries.
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