Dispute between Centre and states over CST set to upset April 2012 deadline.
'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'
The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.
Top ministers from about 20 states and some officials from the finance ministry are leaving for a 10-day trip to Europe next week.
Consensus seems a problem before the current session of Parliament ends.
Terming the Mumbai blasts as an attack on India's economic growth, Union Minister and Nationalist Congress Party leader Praful Patel on Thursday said the Centre and state governments should set up a specialised force to deal with such situations in big cities.
DMK working president and Opposition Leader MK Stalin, who pressed the Centre to immediately promulgate an ordinance to hold the sport and that AIADMK should also press Centre for it, said that "Tamils will not forgive" the two if such an urgent step was not taken.
Patel urges government to rein in borrowings, inflation
The appointments of five governors, including for Arunachal Pradesh and Meghalaya, and Lt Governor of Andaman and Nicobar Islands by President Ram Nath Kovind were announced on Saturday.
If the government tries to bring in real estate under GST now, it will be a typical case of biting more than what one can chew, says Sukumar Mukhopadhyay.
Experts share their views on the steps that will help businesses become GST-ready.
The irony of this scheme to benefit farmers is that it could add to the problems for the government because the mechanism to procure and store crops like pulses, coarse cereals and oilseeds barely exists.
While the Congress will go on fast on April 9, BJP MPs will go on a day-long fast on April 9.
Mayawati said all the memorials that needed to be built in honour of Dalit icons have been built.
Experts believe that states will be in a predicament because of their tight fiscal position and reluctance to replace their own health schemes with this newly announced National Health Protection Scheme.
An area of worry relates to simplification of the refund procedure where the inverted duty structure prevails
Top firms get GST notices on credit claims on Friday; replies sought within hours.
According to the data, out of over 5,000 government websites across the country, only six or seven are of use for persons suffering from visual, hearing, mental and other disabilities.
Deficits could come under more pressure in coming years as states implement their own Pay Commissions.
Bereaved families of Sukma bravehearts have demanded justice and questioned the intelligence failure and government inaction.
Pricewaterhouse-Coopers (PwC) and the Indian Electrical & Electronics Manufacturers' Association (IEEMA) have recommended that the Centre and state governments ensure 15 per cent price preference for government enterprises.
Finance Minister Arun Jaitley to discuss key issues with state finance ministers.
It pointed out that farm loan waivers, combined with a potential stimulus which the government is mulling now, can result in a 1 percentage point slippage in fiscal deficit
States will have exclusive control over all dealers up to a revenue threshold of Rs 1.5 crore in a year
As many as 30 sub-groups and committees worked tirelessly to devise rules and laws as well as fix tax rates for over 1,200 goods and services.
Terming internal security as a "critical" matter, India today expressed concern over increased infiltration attempts from Pakistan recently and said these threats shall be overcome "at all costs" with a coordinated effort between the Centre and states.
Kejriwal claimed that the action amounts to 'unjustified interference' as the inquiry is 'perfectly' legal and Union minister Arun Jaitley should cooperate with the inquiry commission and stop 'misusing' the LG office.
While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.
At a meeting of the Empowered Committee of State Finance Ministers, the Centre's plan to bring petroleum goods under GST regime was opposed.
The meeting was attended by Home Minister Rajnath Singh, Finance Minister Arun Jaitley and chief ministers with the exception of West Bengal Chief Minister Mamata Banerjee and J&K Chief Minister Omar Abdullah.
GST is a landmark reform considering the sweeping changes it brings about in the indirect tax regime in India.
With the Maoists striking once again, Bharatiya Janata Party on Friday accused the government of lacking "will power" to fight Naxals in a firm manner and suggested that all parties should be consulted on dealing with the challenge, which is assuming enormous proportions.
The Supreme Court on Tuesday asked the Centre and Uttarakhand government to step up rescue operations to evacuate people caught in flash floods in the state.
So far, 38.38 lakh taxpayers accounting for 64.42 per cent of the total businesses, who had registered in July, filed returns.
In a string of tweets and replies, Swamy also said that GST can be implemented only if the Supreme Court clears a petition on levy of entry tax
The problem lies in the fact that unlike in telecom, centre- and state-owned public utilities continue to dominate the power business.
Lok Sabha Deputy Speaker M Thambidurai appealed to the newly appointed party general secretary V K Sasikala to become Tamil Nadu chief minister, saying the leadership in both the party and governance should be with the same person.
Alleging a failure by the Maharashtra government to act on inputs from central intelligence agencies of a possible terror strike in Pune, Opposition Shiv Sena-Bharatiya Janata Party MPs walked out of a meeting convened by Maharashtra Chief Minister Ashok Chavan to raise the state's issues in Parliament.
Ram Naresh Yadav was on Wednesday sworn-in as the Governor of Chhattisgarh following the resignation of Shekhar Dutt. The Madhya Pradesh Governor has been given the additional charge of Chhattisgarh.
The Finance Commission, which makes recommendations on sharing of tax revenues by the Centre and States, has suggested a new path for fiscal prudence in its report submitted to President Pratibha Patil on Wednesday.
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