'Sin tax' is a globally prevalent practice under which products like alcohol and tobacco attract higher rates of tax.
'With 1.3 billion consumers, India's market has great potential.'
In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
Introduction of GST would make Indian products competitive in the domestic and international markets.
The vice president met Leader of the party in Lok Sabha Mallikarjun Kharge, P Chidambaram and Deputy Leader of the party in Rajya Sabha Anand Sharma, among others and discussed various points regarding the key tax reform legislation.
'Milking poorly performing or easily marketable assets is the way to deliver more money for key programmes,' says T N Ninan.
The party said it is "considering opposing" the proposal for taxing the PF corpus in Parliament.
'Today when people are fighting to get their salary, you are telling them you will privatise airports!'
US IT industry has opposed Obama's move to tax overseas earnings.
Trump says it is time to heal the wounds that divide Americans.
This is another blow to Modi's ambitious economic reform agenda that has been stalled by a logjam in parliament
'It was like a doctor giving some simple pain killers to a patient in dire requirement of chemotherapy.' 'There was no sense of urgency or desperation in this particular Budget.'
Equity markets are currently difficult to gauge as the market has probably priced in a lot of things ahead of actual events.
Most say they will review their Make in India plans as prices may top pre-GST level
On the White House website, his staff post a variety of proposals ranging from an "American First Foreign Policy" to killing former President Obama's climate action plan with agenda largely echoing his campaign website.
He said it was not only a tax reform but 'is a measure that lends strength to the new culture of honesty'.
Seven of the 30 largest U.S. corporations paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a study released on Tuesday that was disputed by at least one of the companies.
Will it benefit you? Or will it lead to an increase in inflation? Bipin Sapra believes it will be some time before GST's benefits reach consumers.
From anti-profiteering to affixing stickers on existing stocks, FMCG companies are bracing for new set of GST challenges
A final call will be taken by Congress president Sonia Gandhi on Thursday.
'GST is imperative for India's success.' 'Without GST India will be a less competitive country.'
Response to Rahul yatras in Gujarat forced GST cuts, says Congress. It reflects Modi's willingness to listen, says BJP.
Shadow of elections may overshadow political consensus at GST Council meetings.
ArthaKranti wants the government to abolish income tax and 56 other taxes and replace it by a banking transaction tax.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
'This is not only a fight against corruption and black money, this is also a fight against terrorism and counterfeit currencies.'
The announcement of her resignation came a day after she testified before the House Intelligence Committee on allegations related to the Russian interference during the 2016 presidential campaign.
'So far, the government has sanctioned more than Rs 300 billion as GST refunds,' Ansh Bhargava and Aditya Singhania point out.
'I'm a big fan of Hindu and a big fan of India -- big, big fan.'
Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.
GST is the biggest revenue shake-up since independence
The government said it was willing to advance the upcoming Parliament session.
A staggering $18 trillion worth unaccounted money is stashed in tax havens.
'There is economic danger: Not inflation, but a slowdown that feeds an employment crisis,' says T N Ninan.
The government wants to introduce a nationwide goods and services tax to revive its stalled reform programme.
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
A GST roll-out by April 1 looks difficult, giving the companies some succour.
The NSE Nifty also moved up by 12 points to 8,648.35.
The challenge is to convince productive sectors that a lower general rate would benefit all and remove the prevalent system of favours targeted towards narrow industry and service sector groups.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
