The Maharashtra CM said he doesn't think the Centre has a plan on settlement of Hindu immigrant from other countries.
Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.
The government on Wednesday decided not to hold special session of Parliament to pass the constitution amendment bill for rolling out Goods and Services Tax and will recommend to the President to prorogue the Monsoon Session.
In her four-page resignation letter addressed to the prime minister, she said, 'In view of the decision of the government of India to go ahead with the Bill on the issue of marketing of agricultural produce without addressing and removing the apprehensions of farmers and decision of my party, Shiromani Akali Dal, not to be a part of anything that goes against the interest of farmers, I find it impossible to continue to perform my duties as a minister in the union council of ministers.'
Any judgement on whether the March numbers reflect sustainable growth in GST collection should ideally await the numbers that will be out in May, points out A K Bhattacharya.
The confidence that GST Network is capable of handling the returns, payments, reconciliation, refunds, etc., has been badly shaken.
There was a "broad agreement" on five issues over which the 18 parties will target the government
The broad trends of GST collections will make you wonder if indeed the biggest indirect tax reform in the country has led to a real improvement in revenues, notes A K Bhattacharya.
Indian economy about to take-off
Global events will continue to be in the limelight, besides domestic policy.
'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
Many private economists consider the deficit target optimistic, citing weak tax receipts in a sluggish economy and high federal expenditure commitments.
GST is the biggest revenue shake-up since independence
Party MLAs, including Madan Lal, Jarnail Singh, were seen lunging at Mishra and dragging him as he raised a poster.
'The professional or the freelancer needs to pay taxes from his pocket first and then wait for payments from his clients.'
'GST is imperative for India's success.' 'Without GST India will be a less competitive country.'
A look at the team behind the Congress' aggressive stance.
Negotiations near deadlock, as states oppose Constitution Amendment Bill.
Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
Clever wordplay does not change the fact that the government is going pretty easy on some tax offenders, says Arup Roychoudhury.
Under the Vivad se Vishwas scheme, the MNCs will have to bring in disputed amount to India, else, the entire money will be considered as loan from subsidiaries on which interest will have to be paid.
Asserting that his government will implement the five poll 'guarantees' promised ahead of the assembly polls, Karnataka Chief Minister Siddaramaiah on Wednesday said officials have shared their inputs on financial implications, and the cabinet will meet on June 2 to decide on the implementation.
The Congress, however, said it wanted to see the final print on the wording of the dispute resolution mechanism before committing its support to the Bill
The suspense over the controversial bill continues as the BJP insists that it was not introduced as Lok Sabha witnessed its stormiest proceedings ever.
Taxpayers might face several issues while filing returns this year.
Will Annamalai's attacks on the DMK revert the anti-BJP feeling in Tamil Nadu, asks N Sathiya Moorthy.
The BJP leadership is understandably mulling all options on the roll-out of the GST.
As freebies/gift vouchers attract GST, retailers are opting for straight discounts this festive season.
A moderate GST rate obviates the need for the two-rate structure.
A strong proponent of the GST, Adi Godrej has been saying for five years or more that it will add one per cent to India's gross domestic product (GDP).
The surge in export, domestic demand and public spending in infrastructure projects might revive private investment during 2017-18.
States should have enough time. We still do not know the rules. There are a lot of operational difficulties, says Jammu and Kashmir Finance Minister Haseeb Drabu.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
Officers from various departments including the finance ministry to be part of rehearsal event
Finance Minister Arun Jaitley to discuss key issues with state finance ministers.
There is much work to be done to design a good GST.
"There will be some challenges" in the switchover to GST in the short term, Finance Minister Arun Jaitley has warned.
Govt looking for common ground on GST; hopes to pass it soon.
Maharashtra has the opportunity to solve all these problems by voting for the Congress and NCP, he said.
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