Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita Ganesan & Avishek Rakshit find out how India is coping.
Bombay High Court view opposed to this was wrong.
Mohit Kumar Goel has created a flutter in India launching the world's cheapest smartphone.
The government on Wednesday put on hold a hike in LPG prices in states including Karnataka, Madhya Pradesh and Kerala, where an increase in local levies had led to a rise in fuel rates.
The ripples from November 8 may be seen in next year's state budgets.
'When I was young, I used to look around the village we lived in.' 'There was a lack of resources -- no proper health centres and schools.' 'I felt that becoming an IAS officer would help solve those issues.'
'The existence of Section 295A on the Indian statute books sits uneasily with India's ambitions to be seen as a progressive democracy,' says Kanika Datta.
Seven people have been arrested after anti-narcotics sleuths and Haryana police busted a suspected Christmas-eve rave party being held at a farmhouse in Mewat district on the outskirts of Delhi.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
Several states that imposed prohibition in the past lifted it once revenue loss began to pinch
Chartered accountant and commentator M R Venkatesh on why the GST Bill will cost the BJP dear.
Seeking to blunt Bharatiya Janata Party's efforts to 'appropriate' legacy of Ambedkar, Sonia said, "Congress had given Dr Ambedkar his dues by appointing him as chairman of the Draft Committee of Constitution."
Nitish Kumar has to eschew disastrous experiments with prohibition and reservations in the private sector. Unless he is dissuaded from pursuing these flawed measures, he will pave the way for Bihar to again become a part of the BIMARU group of sick states, says Amulya Ganguli.
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
Power Minister Piyush Goyal on the government's manufacturing push and other key issues.
Akshay Kumar makes some of those lines work, but things have gotten far worse this time around, notes Raja Sen
'Sonia Gandhi can't rejuvenate the party, her heir is fodder for stand-up comedians, and nobody in the Congress has the guts to question the Nehru-Gandhis.'
'Otherwise, how is the government going to make more revenue?' 'The most important thing the GST does is to transfer money from the household consumers who are the most productive users of capital to the most unproductive users of capital, namely the government.'
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
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