GST rates would depend upon whether the commodity is used by a rich person or a common man
'For the first month, we have only had 5.5 million who have paid the tax.' '40 per cent have paid nil as tax; 95 per cent of the taxation for the first two months has come from only 400,000 assessees.' 'So even now, the tax-paying habit, of paying a marginal or negligible amount, or not paying anything at all, is quite prevalent,' reveals Finance Minister Arun Jaitley.
The Goa CM knows running a coalition government while pursuing a development agenda will require a fine balancing act.
Ishan Bakshi studies the Budgets of six states, their expenditure priorities and outlays to understand the trend.
This week's collection of stories that prove we live in a truly mad, mad world.
A round-up of Ranji matches played on Tuesday
In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore
Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical.
Parenting expert and author Swati Popat Vats tells you why it is important to give our children a healthy outlook towards sex.
R Vignesh is a member of the Institute of Cost and Management Accountants of India in Chennai, appeared on Rediff Chat to answer readers' queries on GST.
BJP's total silence on Delhi statehood is intriguing.
In its first acquisition in India, the American online retail giant is planning to buy out the fashion portal
Decision of Indu Shahani, principal of Mumbai's HR College, to become a director of United Spirits raises an ethical issue.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
The attack on a Dalit family in Faridabad days before the Khattar government's first anniversary suggests that nothing has changed.
A car buyer must study various offers available while buyinga car
Make In India and the reduction in barriers of trade will potentially create a growth environment.
The country saw two straight years of deficient monsoons.
Simplicity will make the Budget investment-friendly
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
The minister said any declaration made under the law will be protected
The need of the hour is to support e-commerce companies through benign policies and not to treat them as mere cash cows.
Suicide Squad is less an actual movie and more an assemblage of moments, moments mostly to do with popular music appropriated around shots of spectacle, with every single scene trying to hit a crescendo of cool and the film, thus, failing to find any peaks at all, says Raja Sen.
Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.
Bang Bang, at its core, is really an educational film, informs Paloma Sharma.
CBI sources said that Kumar has been charged with abusing his official position to award contracts to M/s Endeavour Systems Pvt Ltd and securing government tenders worth Rs 9.5 crore between 2007 and 2014 for the company.
Oil Ministry felt it did not have a clear mandate to reduce rates post the January 2013 decision of the Cabinet to raise prices by 40-50 paisa a litre every month.
Auto sector has nothing to look forward to in the Budget.
Their reopening followed Prime Minister Alexis Tsipras' reluctant acceptance of a tough package of bailout demands from European partners
A second vote will be held on Wednesday, on measures including justice and banking reforms, when a similar outcome is expected.
Neighbourhood stores have the ability to adapt to changes.
Piloting the Specified Bank Notes (Cessation of Liabilities) Bill, Finance Minister Arun Jaitley said it will extinguish the government's liability towards scrapped notes and also eliminate the possibility of their bring used as parallel currency.
'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'
Fugly is a trainwreck, says Raja Sen.
A moderate GST rate obviates the need for the two-rate structure.
Seeking the support of corporates for making Delhi a clean and modern city in the next five years, Chief Minister Arvind Kejriwal on Tuesday invited them to invest in New Delhi even as he promised that their money will not be wasted.
'The fabric of democracy is fraying,' says T V R Shenoy. 'It is being attacked not just by terrorists in Kashmir or by zealots in the North-East, but is being ripped apart even in Allahabad, in the Hindi heartland.'
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Here's everything you need to know about the Goods and Services Tax Bill.
