Congress members trooped into the Well of the House, raising slogans against the government and Prime Minister Narendra Modi after Leader of the House and Union Finance Minister Arun Jaitley said no discussion other than on proclamation of President's Rule in Uttarakhand can take place.
Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
Moody's expects macroeconomic policies to contribute to sustained robust growth.
Crisil said a complete phase out of CST is necessary.
'The most important thing is that the psychological signal it is giving to the markets and international markets,' says former finance secretary Arvind Mayaram.
'The Modi regime is not willing to use its huge political capital for taking any economic policy measure that it fears might undermine that political strength, says A K Bhattacharya.
A strong proponent of the GST, Adi Godrej has been saying for five years or more that it will add one per cent to India's gross domestic product (GDP).
Here's everything you need to know about the Goods and Services Tax Bill.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
The Budget will obviously be crucial. But US President Donald Trump may have even more of an influence than Finance Minister Arun Jaitley when it comes to sentiment, argues Devangshu Datta.
The transaction will lead to an open offer for minority holders.
'India can learn from Sweden that witnessed just one accident last year.'
Sensex in green, JSW climbs higher.
Markets could slide again owing to conditions in Europe and the US.
Suresh Prabhu on the priority being given to safety and the need for more funds for railways to move ahead.
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
India is the largest importer of gold after China.
When on October 24, the Supreme Court, on a petition moved by the government, ordered payment of past dues according to its new definition of AGR, the country's second-biggest carrier Vodafone-Idea Ltd warned of shut down if no relief is given. The total dues for the industry ran into a whopping Rs 1.47 lakh crore. For an industry that has come from 7-8 operators to just three private players and state-owned fourth operator, the warning by Vodafone-Idea sounded like a death knell.
Govt mulls raising duty on non-essential goods with annual import bill exceeding $1 billion
Hasmukh Adhia to present revenue dept's performance over past year & plan for current financial year
The macroeconomic environment has changed dramatically for the better.
A political party's manifesto is the first stage of building a compact with the voters in any governance plan. If that compact is dependent on a document that reeks of fiscal imprudence and lacks credibility, it is a serious setback to the country's democracy and governance, says A K Bhattacharya.
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
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The partially convertible rupee closed at 66.24/25 per dollar after hitting a record low of 66.30, and down 2.9 per cent from its close of 64.30/31 on Monday.
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.
The former finance minister was in Mumbai to address Congress party's poll rallies.
The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
If a public sector company willfully enters into an agreement with a foreign vendor and abdicates its right to recourse which otherwise provides for its benefit, it would not only be violating the provisions of the Civil Liability for Nuclear Damages Act but also section 13(1)(d) of the Prevention of Corruption Act, notes Leader of Opposition in Rajya Sabha Arun Jaitley
'Pure, unadulterated football joy has been in short supply for United fans for a long time now,' complains Dhruv Munjal.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
There are many collateral advantages of taking the tough decision.
The government had breached its fiscal deficit target given in the Budget for 2017-18 in November itself, touching 112 per cent of the limit.
News of all that's transpired on and off the football field
The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.
'Our drains are not filled with bodies, our hospitals not run out of beds.' 'That good news, or absence of expected bad news, is the truth that so many in the international community, and also within India, seem unable to handle,' notes Shekhar Gupta.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
The finance minister said the economy had been slowing.
'I had to submit my resignation from the BJP after just two weeks because they were very regressive.' 'There was no space for a free thinking individual.'
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After announcing the September quarter results on Tuesday which showed a 34 per cent increase in net profit to Rs 4,702 crore (Rs 47.02 billion), its chief executive officer and managaing director N Chandrasekaran had hinted at ramping up hiring for the fiscal.
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