Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
The SC has sought a response from the Centre on a plea seeking the restoration of statehood to Jammu and Kashmir.
'Anyone they don't like can be potentially arrested and thrown in jail for 30 days to induce regime change.'
The first round of trial incineration of 10 tonnes of waste connected to the 1984 Bhopal Gas Tragedy has begun in Pithampur, Madhya Pradesh, amid tight security. The Supreme Court refused to intervene in the MP High Court's order directing the transfer and disposal of waste at a private company-operated plant in Pithampur. The trial incineration is being conducted in the presence of scientists from the central and state pollution control boards. Protesters have expressed apprehensions about harm to the human population and environment due to the disposal of this waste, but the state government has rejected these concerns, saying that solid arrangements are in place for safe disposal.
Former White House trade advisor Peter Navarro has criticised India for continuing to procure Russian oil, alleging profiteering and contributing to the Russia-Ukraine war. India defends its energy procurement as driven by national interest and market dynamics.
'Even if tariffs are reduced, non-tariff may still remain a challenge.'
The Congress party extends best wishes to the newly-elected Vice President of India, C P Radhakrishnan, while recalling the words of the first Vice President, Sarvepalli Radhakrishnan, on the importance of free criticism in a democracy.
'The state governments of Gujarat, Maharashtra and Tamil Nadu will be encouraged to consider measures of their own as the employment and economy in such export-oriented states will be affected.'
'Why have we failed to address the issue of ensuring a requisite buffer zone in J&K, given that cross-border links of some J&K politicians are known?', asks Lieutenant General Prakash Katoch (retd).
'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'
A Constitution bench comprising Chief Justice B R Gavai and Justices Surya Kant, Vikram Nath, P S Narasimha and A S Chandurkar, would fix the timelines on July 29 and commence hearing on the presidential reference in mid-August.
Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.
Bombay high court Chief Justice Alok Aradhe and Patna high court Chief Justice Vipul Manubhai Pancholi were on Wednesday elevated as judges of the Supreme Court, the government said.
Over 90 former bureaucrats have expressed concern over the Special Intensive Revision (SIR) of electoral rolls in Bihar, alleging it could disenfranchise voters, particularly the poor and marginalized.
Public sector banks (PSBs) have seen a sharp drop in household deposits from 70.6 per cent to 63 per cent in contrast with private banks, which witnessed a surge from 27.1 per cent to 34.1 per cent.
The Indian government has provided assurances to Belgian authorities regarding the prison conditions awaiting Mehul Choksi if he is extradited. The details focus on meeting European standards for humane treatment and addressing concerns about overcrowding and solitary confinement.
Lightning claims more lives in India annually than any other extreme weather event. Between April and July this year alone, 1,621 people died due to lightning strikes.
The unloading of 337 tonnes of hazardous waste from the defunct Union Carbide factory in Bhopal began at an incineration unit in Pithampur, Madhya Pradesh. The exercise, which commenced amid protests from locals concerned about its impact on health and environment, is being carried out following safety regulations. The waste, comprising soil, reactor residues, pesticide remnants, and other materials, has been transported from Bhopal to Pithampur for disposal. The Madhya Pradesh Pollution Control Board has asserted that the chemical effects of certain substances in the waste have diminished. The local administration has launched an awareness campaign to address concerns regarding the disposal process.
Chief Minister Omar Abdullah strongly criticized linking Jammu and Kashmir's political future to acts of terror, asserting that Pakistan cannot influence decisions on the region's statehood through terrorism. He announced a signature campaign to press for the restoration of statehood.
Eighty-five village sarpanchs from across India have been invited as special guests to witness the Independence Day celebrations at Red Fort, in recognition of their contributions to rural transformation.
The Supreme Court is scheduled to hear a plea for the restoration of statehood to Jammu and Kashmir. The plea highlights the delay in restoration and its impact on democratic rights and development.
Veteran politician Satyapal Malik, who served as governor of multiple states and later became a vocal critic of the government, has died at the age of 79.
'Ek baar aap GST dekh lo!' - Prime Minister Narendra Modi's gentle nudge to Finance Minister Nirmala Sitharaman in December last year sparked the beginning of a mammoth exercise to overhaul the tangled goods and services tax regime. And the final outcome is a significantly simplified system with lower tax rates and easier compliance for businesses.
Former Jharkhand chief minister and BJP leader Champai Soren was placed under house arrest on Sunday to prevent law and order issues in view of a protest by tribal outfits against land acquisition for a multi-crore state-run health institute, police said.
Finance Minister Nirmala Sitharaman will present her 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which had been in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth.
The invitation cards for the 79th Independence Day celebration also carry the Operation Sindoor logo, and the water mark of Chenab bridge to exemplify the rise of 'Naya Bharat'. Floral decorations at the venue will also be based on 'Operation Sindoor'.
More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".
The government has identified 50 public-private partnership (PPP) projects worth over Rs 60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business Standard Infrastructure Summit on Thursday.
New Delhi 'will have to take a call which supply source suits us the best,' the finance minister said, pointing out that crude oil accounts for the bulk of India's foreign exchange spend.
10 Heroes of the 1965 War which ended on September 23 60 years ago.
Noting that these three Cs haunt Indian education today, the Congress Parliamentary Party chairperson said in an article that this "carnage" of India's public education system must end.
The process for the takeover of the management of the schools began on Saturday morning as officials of district administrations, principals of the respective nearest high and higher secondary schools, accompanied by police teams, reached these schools, the officials said.
The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including 25 per cent additional duties for India's purchase of Russian crude oil.
'I can sanction projects worth Rs 20 trillion annually as of today.' 'But my system is only capable of executing projects worth Rs 3 trillion to Rs 4 trillion.'
Shiv Sena (UBT) MP Priyanka Chaturvedi on Friday demanded blocking of live telecast of India-Pakistan match during the Asia Cup next month, citing national interest and public sentiment.
Former Vice-President Jagdeep Dhankhar has moved to a private farmhouse in Delhi after resigning from his post. He will stay there until he is allocated an official residence.
Patel emphasised that one of the most important features of the bill is the establishment of a dedicated tribunal for resolving disputes, reducing the burden on the judiciary and ensuring quicker justice.
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
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