Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
All you need to know about the Winter session of Parliament.
Floats discussion paper for stakeholders' feedback with a deadline of January 28.
The fiscal gains from implementing the GST and demonetisation, while almost certain to occur, will probably take time to be fully realised
The Congress leadership has become stunted, it does not understand agriculture and the party is trying to mislead farmers for its own vested interests, said Union Agriculture Minister Narendra Singh Tomar.
Prime Minister Narendra Modi was elected last year on hopes he would revive a languishing economy.
"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 win in UP is especially significant because UP assembly members carry the maximum value of votes in a Presidential election, given the fact that the state is India's most populous.
Five years after demonetisation, which sought to curb black money and reduce cash circulation in the economy, 70 per cent of respondents said they paid a large component of the total payment towards a real estate transaction in cash. About 16 per cent said they paid over half the amount in cash, observes Shyamal Majumdar.
Referring to long-pending insurance bill, he said "we are on the verge" of opening the sector a little more.
A GST roll-out by April 1 looks difficult, giving the companies some succour.
The winter session of Parliament is set to be stormy with Opposition parties closing ranks to target the government on issues including 'intolerance' even as the ruling dispensation expressed its readiness to discuss all issues.
This means taxpayers might continue to enjoy exemption on maturity of their investments
The Centre had set up a Commission under former Reserve Bank of India Governor Bimal Jalan to suggest steps to rationalise subsidy and help the government in effectively bringing down the fiscal deficit.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
While seven of the suspended MPs belonged to the TMC, six were from the DMK, three from the Telangana Rashtra Samithi, two from the Communist Party of India-Marxist and one from the Communist Party of India.
Macro and micro environment are becoming more challenging.
India Inc says way forward is for Modi govt to work with other political parties to get bills passed.
States' demand of compensation from Centre for loss of tax revenue not on agenda.
The sector seems set for a rally that may be somewhat temporary.
The budget underscores government's previous emphasis on capex to sustain near-term recovery from the pandemic, while simultaneously paving the way for longer-term restructuring of the economy, it stated. But the various spending initiatives are not offset by any significant announcements related to further increase revenue generation; rather, the announced revenue-related measures are aimed at other objectives such as fostering startup innovation, ensuring more equitable treatment for cooperatives and state employees, and promoting tax compliance through simplification, Christian de Guzman, a senior vice-president, sovereign risk group, Moody's Investors Service, said.
GST will also make our exports more competitive and also provide a level playing field to domestic industry to compete with imports, the President said.
The Empowered Committee of State Finance Ministers got its new chairman on Monday in Jammu and Kashmir's Abdul Rahim Rather.
BJD MP Baijayant Jay Panda has written that 'reforms must reduce the Rajya Sabha's power to block the popular mandate'
Some of the players in the GST race are Payworld, Dell, Tally Solutions
Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.
Asked about the Congress's opposition to the GST Bill, Santosh Kumar Gangwar said no party opposes GST outside Parliament.
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
The introduction of GST would constitute India's biggest reform.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.
The e-invoicing system will be rolled out in a phased manner from January 1 on a voluntary and trial basis, beginning with firms with a turnover of Rs 500 crore, while businesses with a turnover of Rs 100 crore or more will be required to do it from February 1.
'Life will not improve overnight; it will happen in a gradual manner.'
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.
Jaitley's concerns are unlikely to cut much ice with the Congress.
In a resolution passed at its national assembly in Haridwar, the SJM said the Modi government's proposed strategic divestment of PSEs was an "imprudent business decision" and "against national interest".
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.
Govt can advance the dates of the convening of the monsoon session of Parliament to early July
There could be a strong incentive for tax payers to avoid the higher tax burden.
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