Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.
It was better to first build a single-rate GST with a low rate, achieve full mastery of this, and then consider more complex possibilities such as high rates and multiple rates.
A committee on digitalisation headed by Andhra Pradesh Chief Minister Chandrababu Naidu had in an interim report recommended taxing cash transactions of at least Rs 50,000 to promote digital payments.
In his last Budget, Suresh Prabhu, set an ambitious target for capital expenditure.
India has a huge trade surplus with US - over $20 billion a year in the past five years.
NITI Aayog wants the prime minister's flagship initiative should focus on labour-intensive sectors and policies that impede their growth to get special attention.
CBDT circular issued last month had raised multiple taxation concerns.
Leading indicators suggest economic activity has been disrupted after demonetisation.
A projected drop in production in the 2016-17 sugar season (October-September) has kept domestic prices firm, reflecting in improved profitability and stock prices of companies.
Almost 3.3 million houses awaiting completion under the IAY will be built by the end of 2016-17.
The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
Aayog feels expansion of the lowest base will enable more people to pay taxes.
In the post-demonetisation phase, the govt's tax revenues have ended up soaring in November.
'The service charge is given to the employees as a part of their salary. Now, employees have been calling to negotiate their salaries to balance the loss that they will face personally. In which case, we won't be able to retain some of them.'
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
The contraction in November this year is the second biggest fall in the current financial year.
As many as 4,291 farmers in Maharashtra killed themselves in 2015 topping the list of states with the highest number of suicides in the farm sector followed by Karnataka (1,559), Telangana (1,400), Madhya Pradesh (1,290), Chhattisgarh (954), and Andhra Pradesh (916).
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
The bigger worry is that its effects could linger well into the next financial year.
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