'India's economic fundamentals are much too strong to be affected by his resignation,' says B S Raghavan.
Experts share their views on the steps that will help businesses become GST-ready.
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
Compliance requirements, valuation, input tax credit transfers are likely to lead to tax litigation, says Sayan Ghosal.
The CA insitute had asked the SFIO numerous times for details against the auditor, but it has not been furnished till now
Many state governments are ready with policies to promote entrepreneurs, backed by funding plans
While Rajya Sabha Chairman M Venkaiah Naidu asked the protestors not to make the House a "clog in the wheel" of progress, Lok Sabha Speaker Sumitra Mahajan said they should keep in mind the larger interests of the nation.
The senior Congress leader also said over 90 per cent of jobs are in the SME sector which requires an urgent push to boost the economy.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Jean Dreze, a noted economist who was was a member of Sonia Gandhi led National Advisory Council, was dropped from the list of speakers at the Delhi Economics Conclave organised by the finance ministry and inaugurated by Prime Minister Narendra Modi.
For the world's women cricketers, financial parity with their male counterparts remains a distant dream but India's decision to boost the pay packets of its top female players is further evidence that the winds of change are blowing through the game.
The West Indies Cricket Board (WICB) stares at financial ruin after its powerful Indian counterpart demanded nearly $42 million in damages for the Caribbean team's abrupt withdrawal from a tour of India last month.
The Supreme Court bench comprising of Chief Justice T S Thakur and Justices A M Khanwilkar and D Y Chandrachud warned if there is a false statement given by BCCI office bearers on affidavit, then perjury or contempt proceedings could be initiated.
Road developers hoping for early relief from the government will have to wait longer.
Summary of sports events and persons who made news on Monday
The amnesty scheme is a 'practical and pragmatic' approach to bring back the black money stashed abroad, the chairman of Assocham's Legal Affairs Council R K Handoo said on the sidelines of the release of a study on black money in New Delhi on Friday.
App-based taxi aggregator Ola is in talks to raise fresh funding of up to $400 million.
President Pranab Mukherjee addressed a joint session of Parliament ahead of the budget session which began on Tuesday. Here are the highlights of President Pranab Mukherjee's speech:
The rouble has been falling steadily since early November and collapsed earlier this month following a spectacular decline in the price of crude oil to five-year lows.
Government has put on auction the gas discovery area it snatched from Reliance Industries in KG-D6 block and the field that Cairn India is seeking to regain around its Rajasthan block.
Now candidates can appear for NEET any number of times.
Fairfax media on Friday quoted unnamed sources as saying Clarke and Warner would be targeted as "priority acquisitions" on lucrative 10-year deals.
OTT players like Netflix, Hotstar, and Voot are keen to find a common currency to measure viewership numbers and improve advertising options as well as content. Urvi Malvania reports.
The banking sector is set to move at a fast pace from hereon.
As a follow-up to the views expressed by Shashank Manohar soon after being re-elected as BCCI president earlier this month, the Board of Control for Cricket in India is all set to appoint an Ombudsman at its Annual General Meeting which will be held at its headquarters in Mumbai on November 9.
The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.
'The time has come to incorporate Indian sociology into economic policy.' 'The first step in that direction would be to listen to economists trained in India and not just the US and the UK, argues T C A Srinivasa-Raghavan.
A summary of sports events and sports persons, who made news on Sunday
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
'We're paying them nothing because that's what they've done to help us. Nothing'
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
Three hate crimes have deepened the fear among South Asians that Trump's rhetoric encouraged violence against them, but there is no evidence that Indians have been specifically targeted, says Ambassador T P Sreenivasan.
Bihar chief minister Nitish Kumar on Thursday reiterated that his government is committed to enforce liquor ban or prohibition in the state. M I Khan/ Rediff.com report from Patna.
Don't end up claiming tax by just referring to Section 80G. There are some sub-sections also.
Neutrality and jurisdiction in international trade need to be discussed threadbare before GST is implemented in India.
India has 20,000 tonnes of idle gold; gold is an important aspect of women empowerment: PM.
'The Naga Hills region, Nagaland and Manipur, have had the most uncaring and corrupt state governments with little to show on the ground despite the nation's highest per capita development expenditure,' says Mohan Guruswamy.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
