Mohammed Siraj returned 17-3-56-4 to help Hyderabad bowl Chhattisgarh out for 283 on Day 1 of their Group D Ranji Trophy contest, in Hyderabad, on Thursday.
Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.
Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.
Rajinikanth may have made his last Hindi film two decades ago but he can still set the screen alight, blazing away with a gun that has dozens of barrels. As Thalaiva turns 75 on December 12, Dinesh Raheja looks back at his 17 year journey in Hindi cinema.
'At times when the pressure, glitz and glam felt horribly garish, there he was with no pretences or guile. A sweet reminder that life is about the real things not the fluff.'
The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.
From FY20 to FY24, the revenue forgone due to tax incentives for individuals and Hindu undivided families stood at Rs 8.7 trillion, significantly higher than the Rs 4.53 trillion forgone for corporations.
'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.' 'This was an opportune moment to get rid of the old tax system entirely and move fully to the new system,' asserts M Govinda Rao, member of the 14th Finance Commission.
Sweet surprises are made of actors best known for their dramatics taking us by surprise by shaking a leg on screen.
At nearly 82 per cent of GDP, India's public debt is very high, but the country doesn't face debt sustainability issue on account of high growth rate and higher share of local currency debt, NCAER Director General Poonam Gupta has said. Participating in an event organised by NCAER, Gupta said India's high debt levels are sustainable for now because of higher real or nominal GDP and as most of the debt is held in rupee.
Anees Bazmee, who is basking in the success of Bhool Bhulaiyaa 3, celebrates 45 years in the film industry.
The fourth Pinkvilla Screen & Style Icons awards saw a splash of A-listers walk down the red carpet.
T Rama Rao directed almost 70 movies between 1966, when he was a young man of 28, to 2000 when he turned 62.
'Reena stayed in the next building. We fell in love but had to meet secretly because her parents didn't approve of me.' 'I would always be afraid that her parents would get her married off to somebody else.'
'I want to die with my finger on the click button of the camera,' veteran photographer Pradeep Bandekar, who passed into ages early on Sunday morning, told Syed Firdaus Ashraf.
The wedding celebrations of Radhika Merchant and Anant Ambani that started in Jamnagar in March and continued in Italy in May, finally culminated in Mumbai on July 14, with the Mangal Utsav or the wedding reception.
The government will have a tough time correcting its financial course from the current high level of fiscal deficit, unless it decides to raise taxes or cut spending, said Prime Minister's Economic Advisory Council (PMEAC) member Govinda Rao.
A look at the arrivals.
Legislation on fiscal discipline will not help unless government is ready to bite the bullet.
There is a need to bring in legal/constitutional changes, reforms in central tax system and state tax systems, said M Govinda Rao, director, National Institute of Public Finance and Policy.
Although not intended as fiscal stimulus, the unprecedented fiscal expansion during 2008-09 and 2009-10 did help in combating the economic slowdown, but it cannot continue and measures must be initiated to chart a route for fiscal consolidation.
Direct Taxes Code will make politically difficult changes feasible
It's important to make the penalty system an effective deterrent to ensure greater efficiency in the tax system, says M Govinda Rao.
The revenue foregone due to tax incentives in 2009-10 is estimated at Rs 5,40,269 crore.
The Prime Minister's Economic Advisory Council on Wednesday favoured further increase in petroleum prices in line with the global trend.
A good tax system should minimise the cost of collection, compliance cost and the cost to the economy in terms of the distortions it creates while generating revenues.
The Prime Minister's Economic Advisory Council member G Govinda Rao on Thursday said the Reserve Bank can raise the key rates ahead of its April 20 annual monetary policy to tame the high headline inflation.
The Planning Commission no longer sets targets; it provides a broad picture of the economy, its likely direction and pace, all of which help private entrepreneurs in their decisions.
Having recorded about 9 per cent growth rate in three consecutive years since 2005-06, India's growth rate fell to 6.7 per cent during 2008-09 on account of the impact of the global financial crisis. India recorded a growth rate of 6.1 per cent during the first quarter of this fiscal.
Bollywood's superstars made sure to cast their vote in the fifth phase of the Lok Sabha elections on Monday, with their families.
The Reserve Bank may raise key policy rates by up to 50 basis points in its July 27 monetary policy review to check double-digit inflation, said a member of the Prime Minister's Economic Advisory Council.
Ammy and Triptii have the chemistry of a door-to-door salesman and disinterested customer.' On the other hand, she and Vicky burn down the house with their scorching sensuality, observes Sukanya Verma.
What better way to celebrate the Janmashtami festival than in shades of green, blue, gold and brown?
From the 'khiladi' brand of movies rocking his boat to a love for starring in biopics and scripts inspired by true stories to headlining endless remakes of South Indian hits, there's a pattern to the man and his methods.
The sudden stop in economic activity led to a sharp decline in employment-intensive sectors like construction, manufacturing and trade, hotels, transport etc.
'Money was pouring in after Movers & Shakers. At the turn of the millennium, I was voted one of the top 10 Mumbaikars. People joked that even when they switched off their TV sets, I was there! I would ask God if he was compensating me for the loss of Ayush, the greatest tragedy of my life.'
There's a whole slew of sequels coming up, and Joginder Tuteja lists them for us.
While Bollywood could not attend Kiara Advani and Sidharth Malhotra's destination wedding in Rajasthan, they did line-up for another union in aamchi Mumbai.
Mrs and Mrs Malhotra attended their first post-shaadi event, the News18 Showsha Reel Awards.
Ayushmann Khurrana is ready to repeat the flirtatious woman deed second time around in Dream Girl 2.
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