GST will also make our exports more competitive and also provide a level playing field to domestic industry to compete with imports, the President said.
The previous United Progressive Alliance government had undertaken some decisions, like introduction of retrospective tax amendments and GAAR, which had dented investor sentiments.
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
'We are only going to the Supreme Court to protect the rights (of Muslims) which are given by the Constitution. Nothing more,' says Indian Union Muslim League MP P V Abdul Wahab, explaining why the IUML has challenged the Citizenship Amendment Bill in the Supreme Court.
The Centre and states are likely to settle for this threshold.
The government and opposition were on Thursday united in criticising the functioning of the judiciary while seeking to scrap the collegium system of appointing judges to higher courts, saying it is essential to restore the delicate balance of power which has been disturbed.
A bill providing for up to capital punishment to those manufacturing or trading illicit liquor in the event of hooch tragedy was on Wednesday unanimously passed by both Bihar legislature which also adopted a resolution unanimously that its members will not consume liquor.
Several top jurists on Monday pushed for scrapping the existing collegium system where judges appoint judges but government's plans to bring a bill to make the process of appointments more transparent may take some more time.
Here's what the home minister said in reply to the debate on citizenship amendment bill.
Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.
A 12-hour Assam bandh called on Friday by the BJP, to protest the introduction of a Constitutional Amendment Bill to facilitate swapping of land enclaves with Bangladesh, evoked mixed response.
Sri Lanka's embattled President Gotabaya Rajapaksa, under immense pressure from the public and the Opposition to quit over the island nation's worst economic crisis, said on Thursday that the abolition of the executive presidency, a move that will curb his powers, will be considered by Parliament.
The RBI announced its monetary policy on Tuesday.
MEA said such comments cannot absolve Pak of the blatant persecution of the religious minorities and said the Pak PM needs to look inwards.
The amendment of around 40 central statutes makes the Finance Bill, 2017 unique
Under the GST regime, most manufactured goods will turn cheaper.
It also provides that no preliminary enquiry will be required for registering a criminal case and an arrest under this law would not be subject to any approval.
The proposed National Judicial Commission, which seeks to scrap the system where judges appoint judges, is a matter of "priority" for government and a Bill in this regard will be introduced after consideration, Law Minister Ravi Shankar Prasad said.
The government last year introduced the Insolvency and Bankruptcy Code.
Here's everything you need to know about the Goods and Services Tax Bill.
If the new regime is introduced in 2017, the govt may lose out on cess, surcharge
AASU, Cong MP Jairam Ramesh, TMC MP Mahua Moitra, and several NGOs have filed petitions against the act that was assented to by the President yesterday.
The Opposition on Thursday protested the government's move to extend the tenures of the directors of Central Bureau of Investigation and the Enforcement Directorate up to a maximum of five years from the present two years, alleging it was 'arbitrary' and without any logic.
Reacting to a media report in this regard, the deputy chairman said that 'as per rules and practice, in order to have a division, two things are essential'. 'Firstly there should be a demand for division and equally important that there should be order in the House,' he said in a statement.
Senior Bharatiya Janata Party leader Arun Jaitley has written to activist Anna Hazare, who is currently on an indefinite fast to demand the passage of the Jan Lokpal Bill.
Aimed at creating a single tax for goods and services across the country, government on Friday introduced the long-pending GST Bill in the Lok Sabha for roll-out of the new regime from April 2016 subsuming various levies like entry tax and octroi.
Addressing the members of the House, Singh said agriculture is a state subject but the Centre ignored it. "I find it very strange what the government of India wants to do," he said.
Industrial output rose to nearly three-year high of 6.4% in August.
Rejecting Rajya Sabha's five amendments and opposition's appeal not to make "haste", the Lok Sabha on Wednesday passed the legislation that aims at better targeting of subsidies through the Aadhaar unique identity number within hours of the Upper Housing returning it.
The state has extended its full support, provided its revenues are protected.
The Constitution should not encumber these choices, specially limiting them to second-best or third-grade options.
Maharashtra assembly on Friday passed a Bill to extend the ban on dance performances at high-end hotels and other public premises, bringing to end a protracted legal battle of the government over the issue which had generated a heated debate on moral policing.
The 'kisan mahapanchayat' will be held to press for a legal guarantee on the minimum support price, the SKM, an umbrella body of farmers' union, had said last month.
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
The statement comes in the midst of countrywide protests against the new citizenship law.
He claimed that India built a Kali temple, created 'an artificial Kali river' and 'encroached the Nepalese territory through deploying the Army' at Kalapani. The river defines the border between the two countries.
Watch all the debates and discussions in Parliament.
He made the remarks on the floor of the state assembly while thanking the House members for unanimously approving a constitutional amendment for extending quotas to SCs and STs by another 10 years.
Finance Minister Arun Jaitley to discuss key issues with state finance ministers.
