A 7:2 majority verdict by the apex court ruled that the tax legislation by the state does not require the consent of the President under Article 304 B of the Constitution
Opposition does not stall legislative agenda; Upper House passes two bills.
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.
Addressing a meeting of AICC general secretaries and state-incharges which she presided over, Gandhi also alleged that the country was being ruled by a government which was "systematically" handing over the rights of citizens to a handful of crony capitalists.
Protests continued to stall the monsoon session of Parliament, as it entered the last week on Monday.
The Sensex ended up 244 points at 28,504 on strong global cues.
'We have the more difficult reforms to do such as the reduction of subsidy, the insurance and pension sector reform, eliminating bureaucratic red tape and implementing Goods and Services Tax'
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
While the formation of a holding company will not outright privatise State-owned banks, officials believe it will help the Centre deflect criticism arising out of the latest banking scams.
Tax experts say one of the most dispute-prone proposals is making "fraudulent availing" of input tax credit (ITC), without an invoice or bill, a cognizable and non-bailable offence.
When the Centre tries to encroach upon the subjects that are under the prerogative of the state, or where the centre tries to evade from any responsibility guaranteed to a state through a constitutional provision/obligation, it poses a threat to federalism.
Sensex closed the day 416 points higher.
'Modi had promised to deposit money in the accounts of people, but he has done it only in the case of some rich businessmen like the Ambanis'
During a media interaction, Mamata Banerjee voiced her discontent over the Centre's 'stepfatherly' attitude towards Bengal. Banerjee's detractors feel that the agenda that she conveyed to the media is nothing but an eyewash. According to them, 'Mamata and Modi are heading towards an alliance of convenience'. Indrani Roy reports from Kolkata on the agenda and politics of prime minister two-day visit to the state.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
Going by the number of changes Mr Jaitley's next Budget is likely to see, he will go down in the history of Budget-making as the finance minister who ushered in the largest number of changes in a single Budget, says A K Bhattacharya.
Custom duties, a major concern for the oil sector.
The ruling party has indicated willingness to discuss opposition-sponsored motions on 'intolerance'; Jaitley has also shown willingness to accommodate concerns on GST
Responding strongly to attacks on him by Congress chief Sonia Gandhi, Prime Minister Narendra Modi on Thursday implied that she wielded real power during the United Progressive Alliance rule as an "extra-constitutional" authority whereas his government was run only by constitutional means.
Over the next four years corporate tax will come down by 5 per cent and lot of exemptions will get phased out.
Two bills which seek to scrap a total of 1053 Acts are pending the Rajya Sabha since the budget session.
'At no time since Independence this issue of whether we are a secular country or whether we are a Hindu Rashtra has come up in this manner.' 'This is the most important issue which is going to decide whether we remain together as one country or not.'
Single window clearances for realty must.
The opposition, while not directly stalling Parliament, will insist all legislation goes to standing committees, delaying implementation.
The premium on insurance policies will get costlier by 3 per cent to 7 per cent, depending upon the rate fixed by the GST Council from April 1, 2017, says Harjot Singh Narula.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
The ruckus began during the procedure for the introduction of the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
The government has provided a long-term vision.
India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.
The government has taken a number of steps to address the situation faced by farmers.
The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
Modi is optimistic that the reforms will be passed soon.
The global economy is fragile now. It continues to face both long-term and short-term issues.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
'The government must keep bad news out of the newspapers. If you have news about a fight everyday, it is not a climate where investment takes place.'
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
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