'Equities are likely to be range-bound with a downward bias for the remaining part of the year.'
GST Council extends anti-profiteering authority's tenure, sends rate cut on EVs to fitment panel and also extended the date for filing annual returns under the GST by two months to August 30.
'Refusing to implement the CAA-NRC, as some states have done via resolutions in state assemblies, is a violation of the Constitution; an attempt to alter the fundamental structure of our democracy and a recipe for anarchy,' argues Vivek Gumaste.
In his second national broadcast in a week on the pandemic raging across much of the world with the number of infections rising in India, Modi made a fervent appeal to the countrymen not to cross the 'lakshman rekha' of their homes in the next three weeks.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
According to the System of Air Quality and Weather Forecasting and Research, the overall air quality of the national capital docked at 376 at 8:30 am on Tuesday.
Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20.
RBI Governor Raghuram Rajan said that consolidated fiscal deficit of the Centre and states rose to 7.2 per cent in 2015 from 7 per cent in the previous year.
A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment
The challenge before the government now is to use the factors that are favourable to its benefit.
He questioned why only migrants from Pakistan, Bangladesh and Afghanistan will be given citizenship under the amended law and not the Sri Lankan Tamils.
Under the GST regime, most manufactured goods will turn cheaper.
The states which achieved "extraordinary growth" in total taxes collected include Kerala (44 per cent), Jharkhand (20 per cent), Rajasthan (14 per cent), Uttarakhand (13 per cent) and Maharashtra (11 per cent), an official statement said.
New Delhi's overall air quality index read 456 at 4 pm, up from 425 at 4 pm on Tuesday.
A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.
It also sought the assistance of the Centre and states for removing violent content related to cow vigilantism uploaded on social media.
Any residual amount left in the Compensation Fund after five year compensation period shall be shared equally between the Centre and the states.
Sheela Bhatt drives from New Delhi to Agra and Firozabad to capture the stories of an India under lockdown.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
'A major political party has come down on the side of Constitutional freedoms and internationally recognised human rights,' says T N Ninan.
Once implemented, customers making payments using Rupay card or BHIM UPI will get a cashback of 20 per cent of the total GST amount, subject to a maximum of Rs 100.
With recent rate cuts, November collections could be even less
'Pakistan will leave no stone unturned to keep Kashmir on the edge and put the entire blame on the Government of India if there is any untoward incident,' says Brigadier Narender Kumar (retd).
Post elections, the company has been making frequent visits to various ministries, including the IT ministry, commerce ministry, as well as different agencies to get the hang of things in the administration.
Agriculture ministry to prepare blueprint for purchasing onions directly from farmers and the expenditure on damages would be shared equally between the Centre and state governments.
'This prime minister thinks he knows everything.' 'He has to consult, he has to talk and he has to mobilise the best people, but having seen him function, I have no expectations from him.'
Nothing is going to dramatically open up on May 3. There will be too many ifs and buts and terms and conditions and guidelines in leading one's life in various zones, reveals Sheela Bhatt.
Work on a dozen decisions to start by next week.
The SC bench said the report of CFTRI, where the samples of Maggi noodles were tested following earlier orders of the court, will form the basis for the proceedings before the NCDRC.
The apex court urged the central government to update the drought management manual by December 31.
Among the states due for election next year are AP, Haryana and Odisha, which have a fair share of agri credit. If these states individually announced debt relief, the combined waiver would be at least around Rs 600 bn to Rs 700 bn. Clearly, this will be a frightening challenge for Indian banks.
RBI retained the GDP growth for the financial year 2018-19 at 7.4 per cent.
Credit rating agencies have been raising red flag over high debt to GDP ratio of India.
GST rates on under-construction houses maybe reduced from 12 pc with input tax credit to 5 pc without ITC. Similarly, the rate for under-construction affordable houses could come down to 3 per cent without input tax credit, from the current 8 per cent.
There is a drastic difference between genders in the right to inherit land. Over a decade after the Hindu Succession Act was amended, only one in ten women inherit agricultural land, points out Akansha Dubey.
'When the rupee was at 65 a dollar, we wanted to go to Thailand for a holiday.' 'Now at 72, we may find Goa much more attractive.' 'That's how correction happens.' 'If you don't let that correction happen, then it's a pressure cooker that bursts one day.'
'In the process of re-setting the equation between the bureaucracy and the political executive, the features that traditionally defined the bureaucracy will undergo a gradual metamorphosis in the next five years and may acquire a distinctly different character.
Tamil Nadu reported the highest number of such deaths at 194, followed by Gujarat 122, Karnataka 68 and Uttar Pradesh 51.
Nirmala Sitharaman has designed the revenue mix in such a way that while Centre's share in taxes would grow a massive 25 per cent, states' share would grow a dismal 6 per cent.
Sorting infra mess will require a pragmatic approach by the Centre and states. It could take longer than the market expects
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