The ministry of finance will kickstart its massive budgetary exercise from October 15.
The Centre is looking to convene a meeting of the all-powerful Goods and Service Tax Council in early January. The meeting is likely to focus on rectifying the inverted duty structure for a few more items and will also serve as a platform for pre-Budget discussions between Union Finance Minister Nirmala Sitharaman and state finance ministers, Business Standard has learnt. "The current Winter Session of Parliament ends on December 23, followed by the Christmas-New Year period. "After that we would like to have a meeting of the GST Council, depending on whether there can be a quorum," a top government official said.
Vijay Rupani, the fourth chief minister to demit office in BJP-ruled states during the coronavirus pandemic, was sworn in as chief minister -- his second stint as CM -- in December 2017.
' These youngsters don't have patience, which is a key trait in politics'
As Femina Wedding Times celebrates seven magnificent years, they get Dhadak girl Janhvi Kapoor to grace their cover as the boho bride.
Daring brides, are you ready for these wedding looks!
The Centre could better its fiscal deficit at 6.6 per cent of GDP in this financial year on stronger-than-expected revenue buoyancy, even if the budgeted disinvestment target is not met, Fitch Ratings has said. The international rating agency had last week kept the sovereign rating unchanged at 'BBB-' with a negative outlook, and said that the risks to India's medium-term growth outlook are narrowing with rapid economic recovery from the pandemic and easing financial sector pressures. In an email interview with PTI, Fitch Ratings Director (Asia-Pacific Sovereigns) Jeremy Zook said the two key positive triggers that could lead to a revision of the outlook to stable are implementation of a credible medium-term fiscal strategy to lower debt burden and higher medium-term investment and growth rates without the creation of macroeconomic imbalances, such as from successful structural reform implementation and a healthier financial sector.
At the customary post-Budget media interactions, Finance Minister Nirmala Sitharaman and her topmost bureaucrats touched upon a number of issues. The minister said the government taxing income from digital virtual assets did not give them legitimacy and that issue was being dealt separately in the planned cryptocurrency Bill. She also expressed confidence that the Budget targets were achievable.
It could well be one of the richest weddings this year.
Deepika Padukone wows in a minimalistic look on Harper's Bazaar India's October 2019 cover.
Sobhita Dhulipala is Elle's digital cover girl for the month of November.
Consumption is among the most diversified and sought-after themes in Indian equities. Over the past five years, consumption theme funds have given an annualised category average return of 15.17 per cent, according to the data from Value Research. But this theme has been affected by the Covid-19 pandemic, which impacted jobs and livelihood.
Kriti Kharbanda shows you how to nail the bridal look.
Seven Olympic and six Paralympic disciplines were identified for support at a meeting of the Mission Olympic Cell.
The incident happened two days after Telangana Labour Minister Ch Malla Reddy had said that the accused in the case would be caught and that there should be an 'encounter' against him.
The Delhi high court on Thursday said the moral fabric of people has been "dismembered" to a great extent as instead of coming together to fight the Covid-19 pandemic, they are engaging in hoarding and black marketing of oxygen cylinders, medicines and concentrators.
The senior Congress leader opined that the situation in Assam can now be divided into two phases -- pre-CAA and post-CAA, and it was necessary to unite all anti-CAA forces in order to protect the ethos of the Assam Accord.
This year, former Japanese Prime Minister Shinzo Abe has been conferred Padma Vibhushan for his achievement in the field of public affairs.
The actor is just perfect as a bride on the cover of Femina Wedding Times.
We may not be a super military power like the US, but we are the superpower in compassion, love and human values as taught to us by the Bhagavad Gita and the Guru Granth Sahib, says former BJP MP Tarun Vijay.
Flag bearer Tek Chand will lead the Indian contingent -- India will be represented by 54 para athletes, the biggest ever contingent in the history of the Games.
The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.
Crowds at Rajpath and all across the nation were wowed by the various contingents that marched down Rajpath during the Republic Day parade. Take a look!
This month, advertisements for managing directors and the senior management team for the National Bank for Financing Infrastructure and Development or NaBFID, should be out, signalling the start of a financial institution (FI) like no other the country has ever had. For this and other reasons government managers associated with the NaBFID project are convinced it should remain a 100 per cent government-owned entity. This is somewhat different from what former economic affairs secretary Tarun Bajaj said when the NaBFID Bill was being tabled in Parliament earlier this year: "To begin with, it will be 100 per cent government owned.
Ahead of the peak festive season, India's passenger vehicle makers are staring at a cumulative order backlog of nearly 500,000 units as chip shortage continues to cripple production. The crisis is forcing companies to change their production plans frequently and take a call on the variants they can manufacture based on the availability of semiconductors. The booking numbers are not a true reflection of demand, said manufacturers.
'I knew that since I would be designing for Sanjay Leela Bhansali's film, the aesthetics would have to be correct.' 'He doesn't show poverty in his films.' 'He won't show someone standing on the streets in phate hue kapde.'
The actor is too cool to handle in a rosette duchess satin dress.
The government wants new domestic companies to set up their manufacturing units fast and hence the concessional tax rate of 15 per cent has been extended by a year till March 2024, revenue secretary Tarun Bajaj said on Friday. Stating that direct and indirect tax collections are going up and have good buoyancy, Bajaj said it means that the corporate sector is also doing well, and India's tax to GDP ratio could be "highest ever" in the current year. The Budget 2022-23 presented on February 1 has proposed that the concessional 15 per cent corporate tax rate would be available for one more year till March 2024 for newly incorporated manufacturing units.
Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.
Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.
Patel has never held a ministerial post, just like Prime Minister Narendra Modi, who was never a minister when he became Gujarat CM 20 years ago.
Over 2,471 people joined Anil Kapoor to create a new Guinness World Record by holding the abdominal plank position for 60 seconds.
Malayalam superstar Mammootty brings his latest film Mamangam: History Of The Brave to Mumbai.
Kamala succeeded as she identified herself with the larger minority groups rather than narrow ethnicity, prodded by her mother who did not want to return to India, observes Ambassador T P Sreenivasan, who has done multiple stints in India's embassy in Washington, DC.
And it's not about jet-setting off on a luxurious holiday!
The former beauty queen looked stunning as the showstopper.
The actors of Student of the Year 2 are just too sexy off-screen.
Style Icon of the Year and Vogue India's November cover girl, Anushka Sharma serves up a gorgeously chic look.
