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Farmers' trust sacred to us: Harsimrat in resignation letter

Shiromani Akali Dal leader Harsimrat Kaur Badal on Thursday said her decision to resign from the Union cabinet to protest three farm sector bills 'symbolises my party's vision, its glorious legacy......

Subterfuge: Mamata writes to PM over GST

West Bengal Chief Minister Mamata Banerjee on Wednesday wrote to Prime Minister Narendra Modi that depriving states of Goods and Services Tax compensation is an "attempt to undermine federalism"......

Dom's Take: GDP contraction act of God too?

India's GDP shrank by a shocking 23.9 per cent in the April-June quarter as the coronavirus and extended lockdown battered an already slowing economy. On August 27, after chairing a Goods and......

Uttam's Take: Does FM know how to fix Act of God?

At the end of the five hour-long meeting of the Goods and Services Tax Council on August 27, Finance Minister Nirmala Sitharaman declared, 'This year we are facing an extraordinary situation... We......

COVID-19: Let's prepare for a Second Wave

As with the Spanish flu, the world must be ready for a second and third wave as this start-stop-start-stop response plays out, recommends Rahul Jacob. IMAGE: Health workers conduct thermal......

Dissenting states want full borrowing by Centre for GST

Dissenting states including Chhattisgarh and Kerala, have made it clear they are in no mood to relent. They want the Centre to borrow the entire Rs 2.35 trillion this fiscal citing bleak fiscal......

Covid-19 crisis: Signs of economic recovery fragile, say experts

'The real lifting of the economy will happen only if this momentum sustains in the coming months.' Illustration: Dominic Xavier/ Much of the recent data has raised hopes of economic......

GST: Surcharge on cars, tobacco extended beyond June 2022

The GST Council on Monday decided to extend the surcharge on taxes over luxury goods such as cars, and tobacco products beyond June 2022, but failed to reach a consensus on ways to compensate......

'It is a no-brainer that there will be a very sharp rebound next year'

'The CEA suggested that could be as high as 19 per cent.' Illustration: Uttam Ghosh/   With little over a month remaining for the 15th Finance Commission to submit its report for......

Govt used GST compensation cess elsewhere, violated law: CAG

The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to......
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Dissenting states likely to accept GST solution

The officials added that the Goods and Services Tax (GST) Council could, based on revenue flows over the next few months, review the quantum of... ...
Nirmala Sithara...

A meeting of the Goods and Services Tax (GST) Council on Monday ended without any conclusion and the deadlock on compensation to states for the... ...
Signs of economic recovery fragile, say experts

'The real lifting of the economy will happen only if this momentum sustains in the coming months.' Illustration: Dominic Xavier/ Much of... ...
GST Council may set up GoM on compensation shortfall

) Council could consider setting up a group of ministers (GoM) to resolve the row over states having to borrow from the market in order to meet the... ...
SGX Nifty Trades Higher, Loan Moratorium Highlights, IPO Buzz, and Top Stocks in Focus Today

Posted by Equitymaster On Monday, Indian share markets witnessed buying interest throughout the day and ended higher. Benchmark indices started the... ...

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