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.
Mamata Banerjee's TMC and Kejriwal's AAP challenged the old order.
Sushma Swaraj's suave moves helped Narendra Modi pull off a diplomatic coup, helping regain her standing.
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.
Select committees of the House have already submitted their reports
Senior leaders within the Congress now say the party could accommodate the government's argument that the GST rate cannot be stipulated within the Constitution.
The norms will affect companies in pharma, energy, manufacturing, software sectors.
The opposition, while not directly stalling Parliament, will insist all legislation goes to standing committees, delaying implementation.
The Central Board of Direct Taxes is set to rationalise I-T rules.
The ruling party has indicated willingness to discuss opposition-sponsored motions on 'intolerance'; Jaitley has also shown willingness to accommodate concerns on GST
Andhra Pradesh posted 8.14% consumer inflation in October.
Amit Shah's formal leadership of the Bharatiya Janata Party might have its days numbered, given the range of resentment now coming forth against him.
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