News for 'Services Tax Bill'

'It is possible to have GST by 2014'

'It is possible to have GST by 2014'

Rediff.com23 Jul 2013

The Empowered Committee of State Finance Ministers got its new chairman on Monday in Jammu and Kashmir's Abdul Rahim Rather.

GST impact: Pain points in e-commerce remain

GST impact: Pain points in e-commerce remain

Rediff.com4 Aug 2016

Industry experts said the major pain point would be tax collection at source, which would create a rift between sellers and e-commerce companies.

GST jitters for corporate India

GST jitters for corporate India

Rediff.com27 Jul 2015

Lack of visibility on rates makes companies apprehensive.

MSP will stay, but it was never part of law: Agriculture Minister

MSP will stay, but it was never part of law: Agriculture Minister

Rediff.com24 Sep 2020

The Congress leadership has become stunted, it does not understand agriculture and the party is trying to mislead farmers for its own vested interests, said Union Agriculture Minister Narendra Singh Tomar.

Needed: Comprehensive farm reform

Needed: Comprehensive farm reform

Rediff.com14 Jan 2021

As far as possible, investment in the agriculture sector must be from the government, and not the private sector, states Santushti Raj Thapar.

Govt may do away with LPG subsidy for rich: Jaitley

Govt may do away with LPG subsidy for rich: Jaitley

Rediff.com21 Nov 2014

Referring to long-pending insurance bill, he said "we are on the verge" of opening the sector a little more.

Modi's efforts to usher reforms hits a roadblock

Modi's efforts to usher reforms hits a roadblock

Rediff.com17 Aug 2015

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.

Stage set for launch of GST at midnight

Stage set for launch of GST at midnight

Rediff.com30 Jun 2017

The transition to a single, nationwide tax on goods and services will streamline business and boost the economy by tearing down barriers between 31 states and union territories.

Poll wins make Prez poll easy for BJP

Poll wins make Prez poll easy for BJP

Rediff.com12 Mar 2017

The win in UP is especially significant because UP assembly members carry the maximum value of votes in a Presidential election, given the fact that the state is India's most populous.

Sensex recovers by 172 points, Nifty ends at 9,100 on positive global cues

Sensex recovers by 172 points, Nifty ends at 9,100 on positive global cues

Rediff.com28 Mar 2017

Broader market outperformed with the S&P BSE Midcap index adding 0.7%, while S&P BSE Smallcap index gained 0.6%.

100 days of Modi 2.0: Govt to show it fulfilled promises

100 days of Modi 2.0: Govt to show it fulfilled promises

Rediff.com7 Sep 2019

BJP would observe the next 10 days -- from Sunday to September 17, the birthday of the PM -- as 'seva parva'.

Budget: A milestone towards ushering in reforms

Budget: A milestone towards ushering in reforms

Rediff.com1 Mar 2015

The Budget sets out a comprehensive vision.

Why Facebook and Google are under I-T scanner

Why Facebook and Google are under I-T scanner

Rediff.com17 Jul 2019

Taxmen have come across instances where global firms - charged a withholding tax of 6 per cent - are underreporting the exact income they earned from an Indian user.

Budget lacks any serious measures to boost revenue: Moody's

Budget lacks any serious measures to boost revenue: Moody's

Rediff.com1 Feb 2022

The budget underscores government's previous emphasis on capex to sustain near-term recovery from the pandemic, while simultaneously paving the way for longer-term restructuring of the economy, it stated. But the various spending initiatives are not offset by any significant announcements related to further increase revenue generation; rather, the announced revenue-related measures are aimed at other objectives such as fostering startup innovation, ensuring more equitable treatment for cooperatives and state employees, and promoting tax compliance through simplification, Christian de Guzman, a senior vice-president, sovereign risk group, Moody's Investors Service, said.

DoT engages with banks to find solution for telecom sector

DoT engages with banks to find solution for telecom sector

Rediff.com8 Aug 2021

The Department of Telecommunications (DoT) has initiated discussions with banks to address financial stress in the telecom sector, particularly Vodafone Idea Ltd (VIL) that urgently requires fund infusion to stay afloat. There was a meeting of DOT officials and senior bankers on Friday on the issue of Vodafone, sources said, adding that banks have been asked to look for a solution within the prudential guidelines. According to sources, senior officials from the country's biggest lenders State Bank of India and Bank of Baroda were also present among others in the meeting. More such meetings are expected to take place in the coming days, they said.

Liz Truss beats Rishi Sunak in Tory leadership race to be new UK PM

Liz Truss beats Rishi Sunak in Tory leadership race to be new UK PM

Rediff.com6 Sep 2022

The 47-year-old senior cabinet minister was widely expected to become the third female British Prime Minister after 170,000 online and postal votes cast by Tory members, ending Sunak's historic run as the first member of Parliament of Indian heritage to compete for the top job at 10 Downing Street.

Sensex sheds 184 points at close, Nifty below 9,050; RIL down 3%

Sensex sheds 184 points at close, Nifty below 9,050; RIL down 3%

Rediff.com27 Mar 2017

The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.

When will IAF pay HAL its pending bill?

When will IAF pay HAL its pending bill?

Rediff.com3 Apr 2019

Despite pending payments of over Rs 20,000 crore, HAL revenue grew 6% against the previous year.

'Budget presents Jaitley with 3 rare opportunities'

'Budget presents Jaitley with 3 rare opportunities'

Rediff.com23 Feb 2016

'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'

Why Centre must now work towards a flawless GST

Why Centre must now work towards a flawless GST

Rediff.com23 Jun 2016

Fiscal federalism should not be sacrificed at the altar of GST.

Opposition cites 'breach of privilege' over proposal to clip RS wings

Opposition cites 'breach of privilege' over proposal to clip RS wings

Rediff.com4 Dec 2015

BJD MP Baijayant Jay Panda has written that 'reforms must reduce the Rajya Sabha's power to block the popular mandate'

How govt could still meet April 2016 deadline on GST

How govt could still meet April 2016 deadline on GST

Rediff.com13 May 2015

Govt can advance the dates of the convening of the monsoon session of Parliament to early July

GST: Why we should get on with it

GST: Why we should get on with it

Rediff.com23 Jul 2015

The proposed GST framework has many flaws.

Fitch ups India's growth forecast to 7.8%

Fitch ups India's growth forecast to 7.8%

Rediff.com21 Sep 2018

The upward revision in growth forecast for current fiscal comes in the backdrop of GDP expanding 8.2 per cent in April-June quarter, higher than Fitch's expectation of 7.7 per cent.

About 80 items likely on GST exemption list

About 80 items likely on GST exemption list

Rediff.com23 Nov 2016

Grains, non-mineral water might be on the list; biscuits, butter and cheese might attract GST

The pension dilemma: Ring in the old, out with the new?

The pension dilemma: Ring in the old, out with the new?

Rediff.com15 Feb 2023

With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a bind, report Shiva Rajora and Aditi Phadnis.

'Walking the talk': Govt presents 50-day report card

'Walking the talk': Govt presents 50-day report card

Rediff.com22 Jul 2019

Javadekar asserted that the first 50 days have shown that Modi government's second term will be more effective and will build on the success of its previous tenure.

Modi Must Fix His Problems With The States

Modi Must Fix His Problems With The States

Rediff.com5 Oct 2021

Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.

Defence forces to begin initial recruitment under Agnipath by next week

Defence forces to begin initial recruitment under Agnipath by next week

Rediff.com17 Jun 2022

As protests against the Agnipath military recruitment scheme intensified, the Army, Navy and the Air Force on Friday announced that they will start the enrolment process under the new model by next week while Defence Minister Rajnath Singh appealed to the youths wanting to join the armed forces to start preparing for the induction.

Why is UBS worried over fall in Modi's popularity

Why is UBS worried over fall in Modi's popularity

Rediff.com14 Apr 2015

This time, the global appetite for risk is in favour of India.

Noose tightens around Chinese e-com firms evading duties

Noose tightens around Chinese e-com firms evading duties

Rediff.com19 Aug 2019

The government is looking to plug loopholes in the Indian customs law provision that allows tax exemptions for gifts up to Rs 5,000 and trade samples up to Rs 10,000 sent to India from abroad.

Winter session unlikely to see GST breakthrough

Winter session unlikely to see GST breakthrough

Rediff.com23 Nov 2015

With tempers rising on intolerance, it will be hard to run House proceedings.

Why Modi wants to sell government assets

Why Modi wants to sell government assets

Rediff.com24 Oct 2019

'Fiscal purists would quarrel with the idea of selling assets to pay for current expenditure -- such as the payout to farmers and the health insurance programme -- for the obvious reason that the process cannot go on forever.' 'At some point, the list of assets available for sale will run out,' notes T N Ninan.consultations -- something already aired in connection with the lease of airports to the Adani group, says T N Ninan.

GST prospects get ambiguous again

GST prospects get ambiguous again

Rediff.com25 Jul 2016

Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.

India Inc unprepared for GST roll-out

India Inc unprepared for GST roll-out

Rediff.com4 Aug 2016

A GST roll-out by April 1 looks difficult, giving the companies some succour.

No witch-hunt in Agusta probe: Modi

No witch-hunt in Agusta probe: Modi

Rediff.com27 Jun 2016

On the stalled goods and services tax bill, Modi said the Congress has made it a prestige issue but expressed confidence that the evolving arithmetic in Rajya Sabha would ensure that the legislation would be passed soon.

GST e-invoicing mandatory from April 1

GST e-invoicing mandatory from April 1

Rediff.com29 Nov 2019

The e-invoicing system will be rolled out in a phased manner from January 1 on a voluntary and trial basis, beginning with firms with a turnover of Rs 500 crore, while businesses with a turnover of Rs 100 crore or more will be required to do it from February 1.

Govt open to Cong's idea of ring-fencing GST rate

Govt open to Cong's idea of ring-fencing GST rate

Rediff.com10 Jul 2016

Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week

With GST in place, India's GDP will grow at 10%: Godrej

With GST in place, India's GDP will grow at 10%: Godrej

Rediff.com27 May 2015

The macro-economic situation has been brought under control: Godrej.

5 hurdles to implement the GST

5 hurdles to implement the GST

Rediff.com19 Sep 2016

GST is a landmark reform considering the sweeping changes it brings about in the indirect tax regime in India.