Enhanced revenue generation is a priority for the government.
FM indicates adherence to fiscal road map, benign tax rates, correction in inverted duty structure
From 1952 to 1967, each of the three Lok Sabhas sat for an average of 600 days and more than 3,700 hours. In comparison, the 15th Lok Sabha -- from 2009 till 2013 -- has met for just 345 days and 1,331 hours, says Shreya Singh
A logjam on the GST front could turn things upside down and turmoil in Gujarat might also have an adverse impact
'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.
Jaitley, 66, has become 'very weak' as his health has deteriorated over the past few weeks, sources said, adding that he has developed some throat condition as well that prevents him from speaking for long.
'Prime Minister Modi's message from Tuesday's meeting with industrialists was loud and clear: stand up India, stand by start-ups, take risk and invest,' says CII chief Sumit Mazumder.
We should work in unison to boost growth: FM
Wood Mackenzie projected India's real GDP level to overtake Japan and reach over $6 trillion by 2035.
If the government does not allow the Opposition a few victories, then it is opening the door to paralysis and an entrenched culture of confrontation.
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
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.
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.
'Modi didn't face such belligerence in his home state. Moreover, as the prime minister, he can no longer resort to his earlier ploy of describing every attack on himself as an attack on Gujarat. Instead, he has to rebut the charges with calm logic,' says Amulya Ganguli.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
The progress of the GST Bill in Parliament is also likely to remain in focus
Sensex to end this year at 27,500 and reach 29,000 by mid 2016.
Appearing on Rediff Chat, G Srikanth, partner in GSV Associates, Chartered Accountants, Chennai, and member of the Institute of Cost and Management Accountants, answered readers' queries on the Goods and Services Act.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
Indian Railway's sustenance, freight traffic, - which accounts for about 70 per cent of its revenue - has been plateauing of late.
Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
For any proposal to be cleared, it has to get 75% of the vote.
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
The challenge before the government now is to use the factors that are favourable to its benefit.
The ruling party has indicated willingness to discuss opposition-sponsored motions on 'intolerance'; Jaitley has also shown willingness to accommodate concerns on GST
'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.
Tax demands and regulatory hassles, coupled with low internet density and sundry other problems, would have kept Mr Ma awfully busy - and small.
Sensex in green, JSW climbs higher.
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.
Chief Economic Advisor Arvind Subramanian's interview.
Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.
The government is determined to stop generation of black money, he said.
He said that the voices of the weak, did not reach the BJP and the RSS.
Credible fiscal consolidation has been a consistent pre-condition to easing the monetary policy stance as far as the RBI is concerned.
Calling the Budget 2018 'anti-labour', the Bharatiya Mazdoor Sangh will observe February 20 as a 'black day'.
The government should set up agricultural co-operatives in every cluster of villages and in respective districts on a war-footing within a time limit. We should involve the services of our military personnel who retire at a young age with several years of working life still left in them and would be happy to contribute to nation-building, recommends Atul Gupta.
'The one sector where there is still a sense of crisis is banking, but the government has regrettably set its face against privatising any of the government-owned banks,' says T N Ninan.
A glance back at some important events that occurred in 2018.
Defending his economic policies, Modi said demonetisation was 'a very big success story'.
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