States will remain "net gainers" of the proposed GST rate rationalisation exercise with their GST revenues, including devolution, estimated to be over Rs 14.10 lakh crore this fiscal, according to an SBI Research report released on Tuesday. It said that, as was evidenced in the earlier exercise of GST rate rationalisation in 2018 and 2019, an immediate reduction in rates can cause a short-term dip of around 3-4 per cent in month-on-month collections (roughly Rs 5,000 crore, or an annualised Rs 60,000 crore), revenues typically rebound with sustained growth of 5-6 per cent per month.
'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'
The Centre has told the Supreme Court that imposing fixed timelines on governors and the president to act on bills passed by a state Assembly would amount to one organ of the government assuming powers not vested in it by the Constitution and lead to a "constitutional disorder".
rediffGURU Dr Upneet Kaur explains the pros and cons of entering into a relationship with your first cousin.
'Sometimes vice-captains aren't brilliant captains.'
rediffGURU Chocko Valliappa offers crucial career advice to engineering aspirants.
'The current Election Commission functions more like a government department than an autonomous body.'
rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating app, tells you how to stand firm against red flags and unreasonable demands in a relationship.
The numbers tell us the BJP's acceptability in Maharashtra is growing -- at the expense of the Shiv Sena, no matter what the faction, points out Aditi Phadnis.
Breathe better with this simple home remedy for a blocked nose.
'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.
Neville said that within next week or two, Manchester United will have to "magic up a bit more money" or bring someone on loan.
Admirer of Tendulkar, inspired by Pandya, UAE's Alishan Sharafu ready for India challenge in Asia Cup
Consent, Comfort and Trust are non-negotiables in a relationship, explains rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating Website.
'What is it about the institution of faith that makes somebody get a sense of impunity, that they believe they can get away with anything?'
rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating app suggests how to handle trust issues while dealing with your partner's painful past.
rediffGURU Dr Shakeeb Ahmed Khan suggests simple exercises that will help manage your blood pressure, sciatica pain and lower back pain.
'Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.'
'But that was not our aim. Our objective was already achieved.'
rediffGURU Pushpa R, founder of Radiant Yoga Vibes, suggests how yoga can help you lead a healthy life.
Here's how you can prepare yourself and your family to deal with menopause.
rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, guides students on how to prepare for engineering entrance exams and secure engineering admissions.
rediffGURU Ravi Mittal, CEO, Quack Quack, explains how to deal with an unromantic partner in an arranged marriage.
The Supreme Court of India has referred the matter of the Right to Education (RTE) Act's applicability to minority schools to a larger bench for adjudication, expressing concerns about potential misuse and fragmentation of the education system.
Monday's protests in Nepal may become the forerunner to many more agitations in future since social media interests and national efforts to regulate them will often be in conflict, alerts Biswajit Dasgupta.
The England and Wales Cricket Board (ECB) has rechristened the Test series between India and England as the Anderson-Tendulkar Trophy, paying tribute to the two titans of the sport.
rediffGURU Dr Deepa Suvarna, a pediatrician with over 25 years of experience, offers practical advice on how to protect your child's health.
'Techies who did a master's there and moved to US companies look down on Indian companies who they consider as just doing body shopping.'
'The India-UK FTA is an enormous win for both the Indian consumer and the Scotch whisky industry. It will make whisky more affordable while expanding the Scotch market by about a billion dollars.'
It was Alexander Zverev's first opening-round defeat at a Grand Slam since Wimbledon in 2019 and leaves him still searching for a first major after 38 attempts.
Do not argue, debate or dispute on any topic with someone who may be contemplating suicide or self harm, warns psychologist Dr Sahir Jamati.
'Trump does have a master plan in mind to put pressure on India with the additional tariff of 25 per cent to get Modi to persuade Russian President Vladimir Putin to freeze the Ukraine war.' 'It has not worked so far. By end-September only we'll know for sure the future trajectory of India's oil purchases from Russia,' observes Ambassador M K Bhadrakumar.
rediffGURU Dr Karan Gupta, an overseas education expert, suggests how to pick the right course and country to study abroad.
rediffGURU Dr Upneet Kaur explains how to deal with a partner who casually flirts and dismisses your feelings as jealousy and highlights why it's important to have certain boundaries in love.
The big red flag is not asking you for your opinion on anything, warns rediffGURU Anu Krishna.
Incidents in the maritime sector involving Indian seafarers, and foreign vessels in Indian waters rose by 21.6 per cent in 2024 to 186, highlighting the need to strengthen safety frameworks.
'After tobacco, the next most common cause for oral cancer is alcohol.'
rediffGURU Rebecca Pinto, a physiotherapist, nutritionist and founder of Dr Rebecca's Physiotherapy, offers practical advice on how to lead a healthy, pain-free life.
'The biggest point of contention is market access for US agricultural and dairy products.'
rediffGURU Anu Krishna, mind coach and co-founder Unfear Changemakers, tells you how to deal with unwanted attention and protect your friendship.
