'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.
With EU, it is part of the FTA that we will need to negotiate.
'Whether it's investments in Kashmir, building naval facilities, or selling top-of-the-range military equipment, Pakistan could well benefit more under Xi's watch.' 'Do Chinese concerns about the 'Islamisation' of Pakistan give it pause about how quickly to move forward with security and economic projects? At the moment the indication is quite the opposite: China is doubling down on its support to Pakistan, partly because of its fears about where the country is headed.'
However, he refrained from speaking on Mexican immigrants and also declined to repeat his frequent promise to force Mexico to pay for the wall.
The Sochi Winter Olympics are meant to be Vladimir Putin's crowning achievement as Russian leader but are in danger of becoming a symbol of his country's problems.
The ruling by US Judge Steven Rhodes, who cited the city's dismal finances and $18 billion owed to a multitude of creditors in support of his decision, marks a watershed in the history of Detroit.
'The path to a resolution of the ethnic conflict is likely to be complicated and controversial with the majority Sinhalese community, and will become less likely if delayed.' 'It will certainly give Rajapaksa fresh political oxygen with which to revive himself and rally the opposition.'
Opposition said saying it lacked vision and road map to execute ideas.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.' 'We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance minister had the DMK won.
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