While clarifying the provisions of service tax to be levied on services provided by air conditioned restaurants with licence to serve liquor, the CBEC said the value added tax excluded from the taxable value.
Hopefully, all's well that ends well, and business should get back to normal soon, says Alok Chandra.
India's rank inched up by just one position to 130 in last year's Doing Business Survey by the World Bank.
Police have begun enforcing the liquor ban across Kerala in the wake of the state high court ratifying the state government's new liquor policy.
Firming up plans to drastically reduce availability of liquor, the Congress-led United Democratic Front government on Tuesday decided to issue notices to hoteliers below the five-star category to shut their bars by September 12.
However, restriction on opening of liquor vends within 500 metres of highways will remain as per the directions of the Supreme Court.
'Those who are talking of adopting the Narasimha Rao-Manmohan Singh policy must understand now that what was a reform then is no longer a reform now,' argues Sukumar Mukhopadhyay who was associated with the 1991 economic reforms.
Kerala High Court on Thursday upheld the state government's new excise policy directing closure of bars in two and three-star hotels.
DIAL is a joint venture consortium of GMR Group, Airports Authority of India, Fraport and Malaysia Airports Holdings Berhad.
Instead of taking the moral high ground and resorting to a ban, the government should've turned the screws on dance bars by enforcing the licence conditions, says Anil Singh.
made it clear that shops in market places, multi-brand and single brand malls located in municipality areas shall continue to remain closed till May 3.
United Breweries says sales could fall by 40% following court ban.
Excise duties on mobile phones to be 1% without CENVAT credit or 6% with CENVAT credit. This provision will have marginal impact on telcos.
The Tejas Mark 1A outperforms the Sino-Pakistan JF-17 Thunder in avionics and weaponry, but the finance ministry's tax burden makes the Indian LCA costlier and hurts it in the export market.
The Kerala government on Saturday dismissed as false allegations of corruption levelled by bar owners against the state Finance Minister K M Mani over reopening closed bars and ruled out any probe into the matter.
Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita Ganesan & Avishek Rakshit find out how India is coping.
'Wine is an indicator of the quality of life,' says Alok Chandra.
Electricity has also been kept out of the GST ambit.
A bench of Justice Ahsanuddin Amanullah passed the order while hearing a bail petition filed by Manorama Devi. While giving bail, the court also asked her to cooperate in the trial of the case.
After Mumbai Police commissioner issued the directive, the police commissioners of Thane and Navi Mumbai followed suit citing concerns of 'serious crimes' and 'law and order disruptions'.
'Just as coronavirus has come to us from China, this disease is also coming from that country.' 'India is a strong democracy and you cannot compromise on labour laws in this manner.' 'These changes will be challenged in court.'
Resto-bar owner V R Dayashankar who went absconding after the incident was later arrested.
Across 10 prominent services, revenue to the government reduced by 20 per cent in the first year of GST compared to the last year of the service tax regime. This happened despite tax liability against these services growing by 50 per cent in one year.
The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports
The changes made in the revised GST draft throw up fresh issues but, overall, most of these look sensible, says T N C Rajagopalan.
Earlier, The Nitish Kumar government had banned sale and consumption of country and spiced liquor in rural areas from April 1 this year, but had allowed sale of foreign liquor in towns and cities.
In his statement, the star said that a false case has been registered against him and said that he wasn't drunk when the accident took place and neither did he run away from the spot.
'In practice, GST will increase the pain of compliance, if not the cost, a lot.' 'It also has clauses that offer scope to create a single market for corruption,' warns Devangshu Datta.
The Madras High Court on Wednesday directed its registry to post a PIL seeking regulation of various clubs and questioning the dress code imposed by them in the backdrop of denial of entry to a dhoti-clad Judge by TNCA Club in Chennai to some other bench.
'We are in the reverse gear and we are not there anywhere compared to the rest of the world'
A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.
Banks stocks continued to trade weak along with FMCG major ITC.
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
Here's everything you need to know about the Goods and Services Tax Bill.
The government has provided a long-term vision.
