Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
The Rajya Sabha proceeding washed out completely on Wednesday and was adjourned for the day amid continued protest by the Opposition parties led by the Congress over price rise and levy of Goods and Services Tax (GST) on daily essentials.
Following the address by President Ram Nath Kovind, the economic survey will be tabled in the two Houses.
The progress of the GST Bill in Parliament is also likely to remain in focus
The rupee fell to a two-year low of 64.84 against the US dollar.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
It's difficult to understand if GDP growth has actually improved.
The PM didn't hold back and launched a scathing attack against the Congress. Here are the highlights from his speech.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Indications of a stormy start to the Budget session emerged at an all-party meeting with opposition accusing the government of "setting the agenda for disruption".
Prime Minister Narendra Modi was elected last year on hopes he would revive a languishing economy.
The challenges before the government, he said, is to put public sector banks back on track and continue to operationalise stalled infrastructure projects
'We walked into the well of the House because we had no choice.' 'They were not listening to us. They were throttling democracy.'
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Its passage in the Lok Sabha is all but certain due to the massive majority the Bharatiya Janata Party and its allies have, and the Union government is confident of its passage in the Rajya Sabha as well with the support of several non-aligned regional parties which have often joined the treasury benches in the past.
'Right to apprenticeship means that anyone below the age of 25 years with a diploma or other qualifications can demand an apprenticeship with a private, a public sector company or a government organisation. And when he/she demands this, it is the obligation of the government to provide it.'
He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
The average rating was seven out of 10.
In a first, Opposition-ruled states on Saturday got the Centre to delete from the records three minutes of the last GST Council meeting that provided for tweaking of agreed criteria for division of taxpayers under the Goods and Service Tax regime.
"This rationalisation is 3-4 month exercise," he said, adding that the GST Council decided on the rate cut on the recommendation of a Fitment Committee.
The ruling party has indicated willingness to discuss opposition-sponsored motions on 'intolerance'; Jaitley has also shown willingness to accommodate concerns on GST
The government on Friday lowered its economic growth forecast.
Congress leader Rahul Gandhi on Tuesday made a scathing attack on the Narendra Modi government, accusing it of working only for the sake of capitalists.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
There was a "broad agreement" on five issues over which the 18 parties will target the government
Jaitley keen to uplift the insurance sector.
Congress is opposing the GST bill in the current form.
There has been a lot of concern in the FMCG industry after Patanjali's revenues crossed Rs 5,000 crore, on the back of an increased focus on health following the ban on Maggi noodles.
The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.
By changing the nation's name from India to Bharat, would this landmass overnight lose the emotional and cultural linkage that had been built over generations, centuries and millennia, asks N Sathiya Moorthy.
Congress leader Rahul Gandhi on Monday said that repealing the three farm laws without a debate in Parliament shows that the government is "terrified" and knows that it has done something wrong.
Generally, before adjourning the house sine die the chair reads out the statistics about the business transacted in the house in detail.
Jaitley remained steadfast in not caving in to sustained Opposition pressure.
Finance Minister Arun Jaitley to discuss state-level issues before finalising GST.
Narendra Modi government's reform agenda is under threat of washout.
The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax-exempt.
A moderate GST rate obviates the need for the two-rate structure.
Government on Thursday claimed that it had Congress "cornered" on the penultimate day of the Monsoon Session of the Parliament.
With a growing penetration of the Internet, which reaches to rural areas of the country, the retailers would be able to deepen their market
Markets closed in the red on domestic worries.
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