Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.
With the thrust of the government to further education and to get the education system up inline with coming times, the sector is poised for growth.
Deputy Inspector General V V Lakshmi Narayana led the 10-member team, including Central and state forensic experts, which visited first time the crash site in the dense Nallamala forests in Kurnool district of Andhra Pradesh.
The CM said aggressive investment is the need of the hour
Bihar has been put on a high alert and security personnel have been asked to maintain a hawk-eyed watch on all vital installations of the central and state governments on the eve of Republic Day on Monday."We have alerted all the police stations and special security attention is being paid to protect installations of the state and central governments across the state," said Additional Director General of Police (Headquarter) U S Dutt.
Trade unions reiterate the call for countrywide general strike on September 2 against the "anti-worker and anti-people policies" of the government.
Despite the sops, scheduled carriers might not be interested in operating such routes.
'Everything will be decided by the Centre.' 'Universities will have no autonomy to start a new course or introduce a new syllabus.'
Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.
'One way to deal with these is to address these quickly and have rapid reaction teams in New Delhi, the state capitals and wherever possible.'
Noted Kannada scholar and researcher, M M Kalburgi, who often courted controversies with his outspoken stand on various issues including idol worship, was shot dead at point-blank range by two unidentified men at his residence in Dharwad, Karnataka on Sunday.
'The people at Lalgarh die of starvation regularly, there is no health infrastructure, our children don't get proper education, the tribal languages are neglected and no steps are taken for the welfare of the Jangalmahal residents. If the PCAPA is given power, it can really do wonders,' says PCAPA convenor Chhatradhar Mahato.
Modi said bribery was not possible as the money was transferred directly into accounts of the beneficiaries.
The sops being given to the IT firms in metro cities should be extended to companies in tier 2 and 3 cities as it will generate greater employment opportunities and boost growth, industry body Nasscom has said.
Introduction of GST would make Indian products competitive in the domestic and international markets.
The shift from 'one country, one tax' to four tax rates could dilute possible gains on GDP, warns T N Ninan.
Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered double-digit rise
"The treaty has caused huge loss to Jammu and Kashmir" as the people of the state cannot fully utilise the waters of various rivers, particularly Chenab in Jammu, for agricultural and other activities, Singh said.
In the absence of the promised central paramilitary forces, the Orissa government is struggling hard to protect precious wildlife from poachers backed by Maoists in naxal-hit Similipal Tiger Reserve in Mayurbhanj district.
With the thrust of the government to further education and to get the education system up inline with coming times, the sector is poised for growth.
The pre-Budget Economic Survey on Thursday said the country's tax system continues to be complex and asked the government to undertake further reforms, including implementation of a uniform tax structure -- goods and services tax.
With fresh inputs on the Burdwan blast indicating pan-India existence of Jamaat-ul-Mujahideen Bangladesh, Home Minister Rajnath Singh on Tuesday ordered immediate neutralisation of the terror modules of the banned group.
Election Commission officials said they have deployed around 680 companies of central police forces and over 20,000 state police personnel in over 53 constituencies of South 24 Parganas, Kolkata South and Hooghly districts going to the hustings on Saturday in the fifth phase of polling.
The ambitious project of the urban development ministry, pegged at Rs 4,676 crore, was originally scheduled to be completed in 2015. It is to be executed through a joint venture company of the central and state government. Equity participation of the state and central government will be on a 50:50 basis. But soon after taking charge of the railway ministry, Banerjee had a talk with Union Urban Development Minister S Jaipal Reddy about her apprehensions.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
Only after its recommendations will the central GST, integrated GST and state GST Bills be taken up
All the fixes require either the enactment of a data-protection law, or the amendment of our existing competition law. This can take many years. However, there is an opportunity for the government to act immediately if it wishes to, says Sunil Abraham.
The GST rates for all but six items were finalised at the first day of the two-day meeting of the GST Council, headed by Union Finance Minister Arun Jaitley and comprising state representatives.
The gas price revision will add to the bottomline of the two public sector companies -- Oil and Natural Gas Corporation and Oil India Ltd -- and will also yield additional revenue for the central and state governments.
GST seeks to subsume many indirect taxes at the Central and state levels.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
February 6 or 8 likely options; development will be the main theme
Projects worth over Rs 70,000 crore (Rs 700 billion) to upgrade technology have been kickstarted in the country.
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
"This rationalisation is 3-4 month exercise," he said, adding that the GST Council decided on the rate cut on the recommendation of a Fitment Committee.
Nearly 600 Central Reserve Police Force personnel arrived in the district on Thursday as reinforcements for the existing security personnel.
Fiscal deficit, the gap between government's expenditure and revenue, stood at 4.5 per cent in FY14, lower than 4.9 per cent in FY13.
The Institute of Chartered Accountants of India has shortlisted the changes it hopes to see in Budget 2017.
GST will also make our exports more competitive and also provide a level playing field to domestic industry to compete with imports, the President said.
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