Floats discussion paper for stakeholders' feedback with a deadline of January 28.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
"This rationalisation is 3-4 month exercise," he said, adding that the GST Council decided on the rate cut on the recommendation of a Fitment Committee.
The new Land Acquisition Act to provide just and fair compensation to farmers came into force from January 1, 2014.
The government had breached its fiscal deficit target given in the Budget for 2017-18 in November itself, touching 112 per cent of the limit.
India Inc says way forward is for Modi govt to work with other political parties to get bills passed.
Asked about the Congress's opposition to the GST Bill, Santosh Kumar Gangwar said no party opposes GST outside Parliament.
In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.
After enduring volatility for the first two months of calendar year 2016 (CY16), global equity markets have recouped some of the losses in March. Jigar Shah, chief executive officer, Maybank Kim Eng Securities, believes the next triggers for the rally will come from a soft landing in China and no recession situation in the US.
FMCG, durables, pharma firms say they remain unclear about transition gains and losses
Analysts expect modest recovery in Indian economy.
As the Narendra Modi government nears completing a year in office, the Congress on Wednesday stepped up its offensive against the prime minister accusing him of weakening democracy by running a "one-man show" while scoring maximum on "arrogance" and minimum on governance.
After the 2019 election, one thing is sure: GST will see a number of changes, explains Indivjal Dhasmana.
'I don't know how long the small-scale handmade sector can survive,' a shoemaker from Hisar tells Geetanjali Krishna.
The average rating was seven out of 10.
States' demand of compensation from Centre for loss of tax revenue not on agenda.
RBI Governor Shaktikanta Das kept the red flag on cryptocurrencies flying, warning that the next financial crisis can be triggered by private cryptocurrencies if such speculative instruments are allowed to grow.
'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.
Preparing legal framework to protect states from revenue loss.
'We have to make doing business in India easier.'
The agency has predicted that monsoon will also be a major factor.
'The market position from here on is expected to go up'.
Finance Minister Arun Jaitley presented the Union Budget.
Vasanthakumar, who started his career as a salesman, today owns a retail empire.
Ramesh says that since the attitude of the Narendra Modi government is deliberately provocative and confrontational, it should not expect cooperation from the Congress.
It was an extremely volatile session, borne out by the Sensex swinging over 1,200 points through the day and the Nifty 369 points.
The government on Wednesday said it will borrow Rs 7.24 lakh crore in the first half of 2021-22 fiscal to meet resources to perk up the economy hit by the coronavirus pandemic. According to the Budget 2021-22, the government's gross borrowing was estimated at Rs 12.05 lakh crore in the financial year beginning April 1. "In the Budget, we had announced that there would be a gross borrowing of Rs 12.05 lakh crore and net borrowing of Rs 9.37 lakh crore. "In the first half of 2021-22, we would be borrowing Rs 7.24 lakh crore, which is 60.06 per cent of the gross issuances," economic affairs secretary Tarun Bajaj said. He said the government would issue 2-year, 5-year, 10-year, 14-year, 30-year, and 40-year securities.
The Finance Minsiter says country requires 'a larger opening out in more sectors, stability of policy and tax regime'
Reacting to Kirti Azad's expose on the alleged DDCA scam, President Sneh Prakash Bansal has strongly refuted the charges saying that no company bill mentioned in the sting operation exists in the cricket body's transaction records.
The worst may perhaps be over for these stocks, suggests Sanjay Kumar Singh.
The government on Friday lowered its economic growth forecast.
Market experts believe the retreat is because of uncertainty.
Tamil Nadu Chief Minister M K Stalin on Thursday said he has requested Prime Minister Narendra Modi to provide additional doses of COVID-19 vaccine to the state.
The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.
Apart from IT and pharma, the lead spenders in travel are construction, automobile and metals and mining companies and together these sectors accounted for 82 per cent of business travel spend in India in 2015, up from 78 per cent in 2013.
The government, he said, has implemented 'bold reforms'.
The government is banking on help from regional parties and rejigged numbers in the Rajya Sabha.
The bills were passed by voice vote.
Profitability and cash reserves have halved since the global financial crisis.
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