'It's a classic conflict between the old and the new BJP. The new BJP is made up of turncoats and the old of veterans who slogged for decades when the BJP barely existed in West Bengal'
As cess levied under GST isn't shared by states, most states oppose it on the ground that it would set a wrong precedent and distort the GST structure.
A minimum levy of 12 per cent GST on tea will increase the cost, which will ultimately be passed on to consumers.
Jaitley, while reviewing the security situation of Jammu and Kashmir at a high level meeting, also asked the forces to deal firmly with the inimical elements but ensure safety of the innocent people, officials said.
To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.
Mamata woos industry with boat ride to Gangasagar, Sundarbans
Banerjee asked Modi not to allow "an insufferable blow to the federalist polity of the nation" by depriving the states of the GST compensation. "I am deeply anguished by the Goods and Services Tax imbroglio which tantamounts to a betrayal of the trust and moral responsibility of the Government of India towards the states, violating the very premise of federalism."
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
Banerjee had last week sought an appointment with Modi.
'GST gives a huge relief to small businesses of India and West Bengal.'
It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
Partha Chatterjee said the Tatas have 'love for the people'.
Ms Banerjee's triumphal declaration of having attracted investments worth Rs 2.43 lakh crore at the summit, are numbers that no one but she and the enigmatic state finance minister Amit Mitra believe, points out Kanika Datta.
Additional solicitor-general says extra-neutral alcohol liable to new tax
The Trinamool Congress on Monday wrote to Kolkata Police Commissioner Soumen Mitra seeking 'necessary action' under the law against the Central Bureau of Investigaton officials who arrested three senior party leaders 'illegally'.
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.
Banerjee, however, didn't clarify whether any other minister of her cabinet would attend the meeting on her behalf or not.
The council, headed by Finance Minister Arun Jaitley, will meet again on December 11 and 12 to hammer out the differences.
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Draped in black shawls, Trinamool Congress MPs on Monday staged a protest outside Parliament House against the arrest of West Bengal minister Madan Mitra in the Saradha chit fund case, accusing the Centre of misusing the Central Bureau of Investigation.
Chief Minister Mamata Banerjee also said 800 cheques would be distributed among the farmers who had not taken them earlier
The panel decided to omit the reverse charge mechanism (RCM) clause from the GST law under which registered taxpayers buying from unregistered taxpayers have to deposit the GST.
Launching a blistering attack against the Centre, West Bengal Chief Minister Mamata Banerjee termed state Transport Minister Madan Mitra's arrest as "political vendetta" and "dirty conspiracy" by the BJP and dared the NDA government to arrest her.
5G networks in India can be deployed in three months but in limited areas as the optical fibre based infrastructure to support the technology is not ready yet, telecom industry players said on Tuesday. Nokia India head of marketing and corporate affairs Amit Marwah said that India has to take a call on deployment of 5G services otherwise it will miss to take advantage of the next generation technology that it can bring for the economy.
Top Congress sources said they would not hold up the Bill.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
At a time when more and more of government spending is done by states, the impression you get from these large advertisements could well reflect the slogan of Emergency days: the nation is on the move, says T N Ninan.
Somen Mitra, the one time pillar of the Trinamool Congress and now Congress candidate from Kolkata North constituency, can't help smiling. The SC's order directing the CBI to probe the Saradha scam is the fruit of his hard and lonely battle. On the day when 17 constituencies in the state go to polls, Mitra speaks to Rediff.com's Indrani Roy about the impact of the Saradha scam on the elections and his relationship with his former party chief.
Mamata offered 1,000-acre land at Goaltore and said anyone be it the Tatas or BMW are most welcome to set up an auto plant in the state
Four more people belonging to the gay and lesbian community urged the Delhi high court on Thursday to declare that marriages between any two persons irrespective of their sex be solemnised under the Special Marriage Act (SMA).
Assam Chief Minister Himanta Biswa on Tuesday said that the Centre is likely to sign a peace accord with militant organisations from the state's Adivasi communities within September.
The council also cut GST rates on affordable housing to 1 per cent from the current 8 per cent.
On Thursday, the Business Advisory Committee of the Lok Sabha, which allocates time for the Bills and discussions to be taken up for the forthcoming week, met, but the government strategists didn't ask the members to allocate time for the GST Bills for the next week.
Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.
The Centre managed to collect only Rs 990 crore as compensation cess in April 2020-21, almost one-ninth of the figure of Rs 8,874 crore mopped up a year ago. The subdued collection would further increase states' problems unless the GST Council, which meets next week, decides to borrow from the market.
With the creation of the state of Telangana, additions were made to ToRs of the 14th Finance Commission to make recommendations for the newly created states after the reorganisation of Andhra Pradesh.
A memorandum, signed by the chief ministers or finance ministers of Andhra Pradesh, Puducherry, Karnataka, Delhi, West Bengal, Kerala and Punjab, said the terms were disruptive and a cause for concern.
While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.
A day after slamming Narendra Modi as "Butcher of Gujarat", the Trinamool Congress on Monday demanded that the Gujarat Chief Minister should apologise publicly or face a defamation case for questioning the sale of Mamata Banerjee's painting.
It's raining movies and Web series on the Amazon Prime Video platform!
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