The protests will highlight the impact of the twin blows of demonetisation and GST
Gandhi attacked Modi and the BJP while latching on to the bribery allegation made by Narendra Patel, an activist of the Hardik Patel-led Patidar Anamat Andolan Samiti.
The Congress on Monday stepped up its attack on the BJP-led Centre over the issue of price rise with Rahul Gandhi saying the biggest problems facing the country were unemployment, inflation and growing hatred.
A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country
The Union Cabinet on Thursday approved a revision in the formula for pricing of natural gas and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10 per cent. Natural gas produced from legacy or old fields, known as APM gas, will now be indexed to the price of imported crude oil instead of benchmarking it to gas prices in four surplus nations such as the US, Canada and Russia, Union I&B Miniser Anurag Thakur told reporters after a meeting of the Cabinet. APM gas will be priced at 10 per cent of the price of basket of crude oil that India imports (Indian basket of crude oil).
He is likely to speak on economic issues, particularly the impact of GST and demonetisation.
The Nikkei India Manufacturing Purchasing Managers' Index (PMI) stood at 47.9 in July, down from 50.9 in June, its lowest mark since February 2009, and highlighted the first deterioration in business conditions in 2017 so far.
The IMG meeting will be convened shortly.
Maharashtra has the opportunity to solve all these problems by voting for the Congress and NCP, he said.
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'The professional or the freelancer needs to pay taxes from his pocket first and then wait for payments from his clients.'
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Falling private sector investment and farm distress are problems that call for immediate attention, says T N C Rajagopalan.
'We want to achieve overall profitability, and then we would go for an IPO.'
The prices will be decided during the time of launch, as TVS hopes that given the cost increase, the government may consider bringing down GST for two-wheelers.
The forthcoming Budget, the last full one before the 2019 Lok Sabha elections, is expected to contain a number of sops and feel-good announcements, especially regarding social sector schemes.
In a Facebook post on the second anniversary of demonetisation, Jaitley said in first four years of the National Democratic Alliance government, the number of income tax returns filers has gone up to 6.86 crore from 3.8 crore in May 2014.
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
General Budget is a terminology earlier used to differentiate between the Union Budget with the Railway Budget. Full-fledged budgets are titled "Union Budget", while interim Budgets are titled just that.
It was women who unambiguously bore the brunt of the lockdown joblessness, says Kanika Datta.
Listing out priorities for the Finance Ministry under Arun Jaitley and the Narendra Modi government as a whole, it said the growth rate can pick up to 6 per cent with the extent and pace of reform measures.
Jaitley said inflation has been under control for long and is likely to remain so on the back of good monsoon and unlikely spike in oil prices.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
Lok Sabha passed the Finance Bill, after approving more than two dozen official amendments, by voice vote, thus completing the Budgetary exercise for 2019-20 in the Lower House.
With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand. She rooted for government policies focusing on managing a slowdown in domestic demand, and on boosting productivity growth and supporting employment creation in the medium term.
ADB was urged to take up the Railways sector.
Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.
Another point of contention is the invoice issued by the e-companies.
Changing with the times and in compliance with social distancing norms, customers are now picking up their parcels, speed posts and registered letters within the city themselves after they are informed on phone.
With the Gujarat going to the polls, name calling has peaked this election season with words like neech and Babar bhakt being flung around.
Jaitley remained steadfast in not caving in to sustained Opposition pressure.
The remarks came amid reports of mounting tension between the finance ministry and the RBI over the autonomy of monetary policy makers.
Noting that there is a huge potential in the agricultural sector, he said value added production through processing could add considerably to the economic growth.
The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports
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The GST has been a great achievement, but it does suffer from weaknesses, says Chief Economic Adviser Arvind Subramanian.
She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan
He said it was not only a tax reform but 'is a measure that lends strength to the new culture of honesty'.
Interlinking of rivers, retrieval of Katchatheevu island and inclusion of fishermen in the Scheduled Tribes list are also listed in the memorandum.
Industry representatives have said from the second half of the year, they hope to see revival because the rural economy is looking up and the projects the government has announced.
