Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
Summary of sports events and persons who made news on Wednesday
Ordering more Akash systems is essential for the Indian defence industry.
Foreign defence firms can now appoint 'agents' to market their products to the armed forces and the government but with strict oversight which includes opening up of company's books to scrutiny besides not allowing any success bonus or penalty fees among other measures.
Here's everything you need to know about the Goods and Services Tax Bill.
According to engine data automatically recovered from the missing Boeing 777, investigators believe the plane remained airborne for another five hours after vanishing from the radars.
An empowered group of ministers headed by Defence Minister A K Antony is to consider an Oil Ministry proposal of abolishing the priority ranking according to which natural gas is first given to urea manufacturing fertiliser plants, then to LPG units, followed by power plants, city gas, steel and refineries.
Crisil said a complete phase out of CST is necessary.
The city needs some autonomy, or it will continue to decline in all the ways that are familiar, observes T N Ninan
If the Cauvery water-sharing dispute between Karnataka and Tamil Nadu -- dating back to 1892 between the erstwhile Madras Presidency under the British Raj and the princely Mysore state -- has exploded again into a war, the discord between Karnataka and Goa over dividing the water of the Mahadayi river simmers under the surface.
Rajya Sabha MP and Lalu Prasad Yadav's daughter, along with her husband Shailesh Kumar, are alleged to have entered into benami deals for purchase of a farm house in Delhi.
'India has an advantage because we produce more cotton and we have more workforce.'
Interest on NRE accounts is tax-free, but the I-T department creates hurdles to tax these accounts.
All payments made via debit and credit cards, net banking and mobile wallets will be entitled to discounts.
'I am not going to talk about fear and apprehension.' 'I can only talk about my expectation which at this moment is to bring back development and maintain that momentum in the coming months,' Uttarakhand Chief Minister Harish Rawat tells Rashme Sehgal for Rediff.com
"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.
GST reform has been hanging fire since 2006-07.
It is welcome that the government tried to make its intentions clear last week - especially as risk concerns return to global markets.
It has suggested OTTs be subject to the same security requirements that a traditional TSP has to adhere to.
Gas pricing guidelines stipulate that a new gas price will apply to all producers except RIL.
The fair market value of an immovable property will be higher from the acquisition cost.
After 17 tumultuous years, a nationwide Goods and Services Tax (GST) will rollout from midnight of June 30, overhauling India's convoluted indirect taxation system and unifying the $2 trillion economy with 1.3 billion people into a single market.
Jaitley is expected to present a common man friendly Budget.
Govt may not announce any new concessions in excise duty
The company bought peace with the Union coal ministry by agreeing to almost halve its e-auction sales at 30 million tonnes this year, to make more coal available for the fuel-starved power sector.
'Which path should Muslims take politically as they have been completely marginalised?'
How can a State be so criminally neglectful towards the safety of its citizens, asks Tarun Vijay.
Reliance Industries will have to provide a bank guarantee of $135 million every quarter to get a higher price for natural gas from April 1 next year.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
'The police go into villages, kill villagers, rape women, burn homes, file false cases.' 'They want to empty Bastar of the tribals so that corporate houses can be given a free hand in our land.' 'My father was killed by Naxalites. This is very ironical because the police accuse me of being a Naxalite. If I had been a Naxalite, would I not have been able to prevent my father's death?'
Education sector has reasosn to cheer Budget.
India's indigenous paper manufacturers are forced to use a variety of raw materials.
The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
The amount saved in a PPF account is actually saving for a rainy day.
God forbid, if bad days fall upon someone and debts pile up. A fascinating excerpt from Anil Lamba's Financial Affairs Of The Common Man: Master The Art Of Personal Finance Management.
Who could have thought that credit card spending offers a peep not only into the financial health but also into the behaviour of a person!
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
Freedom of speech and expression does not merit debate; it exists with conditions to regulate its use. However, a citizen's rights end where another citizen's begin
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
Over the last two years, despite an amnesty scheme, only about Rs 2,500 crore of taxes have been recovered.
Don't feel miserable if you missed the cut-off date for filing income tax returns for financial year 2013-14, which was, July 31, 2014. You have another chance to e-file your tax return before March 31, 2015. Don't miss this one.
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