With the implementation of the goods and services tax less than 75 days away -- assuming July 1 as the roll-out date -- Sudipto Dey provides a guide to how businesses can navigate the transition.
Addressing an election meeting on what once was the home turf of slain gangster-politician Atiq Ahmed, Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday appeared to invoke nature as a great leveller -- a force that delivers justice.
My sense is that we are in a situation similar to 2011-13, notes Debashis Basu.
The Samajwadi Party is unwilling to cede ground to the BJP, especially in Amethi, since the Congress is too weak to counter the BJP's well-oiled election machinery.
Jharkhand Governor Ramesh Bais is likely to send the order of disqualification of Chief Minister Hemant Soren as an MLA to the Election Commission of India (ECI) on Saturday, Raj Bhavan sources said.
Rejecting these notices, the Chairman said, "I have not admitted (the notices) as there are other avenues to raise this matter in the House and some matters are local."
With the objective of curbing paper leaks in government recruitment exams, the Gujarat legislative assembly has unanimously passed a bill that provides for up to 10 years in prison for such malpractices.
The government will "notify such countries or territories outside India to which a data fiduciary may transfer personal data", according to the draft unveiled on Friday for public feedback.
No violation of rules or regulations were found in the transfer of land by businessman Robert Vadra's Skylight Hospitality to realty major DLF, the Haryana government has told the Punjab and Haryana high court in Chandigarh.
It has sought a direction to the Centre to 'forthwith comply' with the directions passed by the top court in 2015 and file a complete status report.
A government ministry has proposed decriminalising offences under the Collection of Statistics Act 2008 as part of the government's efforts to rationalise legislations to promote the ease of doing business. The Ministry of Statistics and Programme Implementation (MoSPI) has invited public comments on its draft proposal by October 30. The proposal to amend sections of the act will decriminalise offences like obstructing or deceiving statistics officers by doing away with the provision of simple imprisonment up to six months.
'The pandemic had a significant impact on child trafficking.' 'With economic hardships, traffickers exploited the situation to target desperate parents and children.'
'It is not just about numbers. Sometimes coalitions and alliances have symbolic value.'
External Affairs Minister S Jaishankar will move the Weapons of Mass Destruction Bill in Rajya Sabha, as per the house's list of business.
Over the last two days, Dalit organisations and the opposition Telugu Desam Party put in sustained pressure calling for the police to arrest the ruling party legislator.
A Cabinet note of the much-awaited legislation is ready and is likely to be put before the state Cabinet in the next 15 days.
Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday claimed he was 'insulted' as his mic was turned off while he was speaking in the House the previous day.
Speaking to reporters in Belagavi, he said, everyone in Karnataka is united to protect the interest of the state.
The Pradhan Mantri MUDRA Yojana can lend between Rs 50,000-Rs 10 lakh to small entrepreneurs.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Securities and Exchange Board of India (SEBI) has 'drawn a blank' in its probe into alleged violations in money flows from offshore entities into the conglomerate.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.
Monday was the fourth consecutive day, proceedings were washed out over the Rafale jet deal and Cauvery issues.
'There must be ideological differences but Savarkar is a freedom fighter, then ask Siddaramaiah, whose poster must be put, of Dawood Ibrahim?'
'The state government does not believe in disallowing non-Hindus to do business outside Hindu temples.'
Thursday was the penultimate day of the Budget Session of Parliament. The second half of the session which began on March 5 has been a washout with no legislative business being transacted due to stalling of proceedings by the opposition.
'The larger intention is to create a political State where there is no opposition.'
Ahmad and Ashraf alias Khalid Azim will be kept in judicial custody till April 26, said advocate Vikram Singh, the counsel for Umesh Pal's wife Jaya.
The NDA had decided to boycott the railway minister and other 'tainted ministers'.
Defending the abrogation of Article 370 of the Constitution, the Centre on Monday told the Supreme Court that the entire region of Jammu and Kashmir has witnessed an "unprecedented" era of peace, progress and prosperity, with street violence, orchestrated by terrorists and secessionist networks, becoming "a thing of the past."
Modi said there were a slew of 'matching priorities' between the business council and that of his administration, including dismantling trade barriers, promoting skills development, establishing manufacturing supply chains and infrastructure development.
Azad would be accorded a grand reception on his arrival from Delhi Sunday morning, and a procession would accompany him to the venue of the public meeting at the Sainik Colony.
Overhaul of the goods and services tax (GST) structure, including possible changes in the tax slabs, may now be taken up only after the 2024 Lok Sabha elections, given the number of states that are going to the polls in its run-up. "No major overhaul of tax rates is expected in GST until the end of next fiscal year. One major reason for this is that some members of the group of ministers (GoM) - mandated to look at rate rationalisation by the GST Council - are from poll-bound states. Later, this may lead to reconstitution of the panel," a senior government official told Business Standard. Besides, both the Centre and states are not in favour of frequent changes in the tax rates amid inflationary uncertainties; they believe any major change should be brought in after extensive deliberations, according to the official.
Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.
'The message is not clear whether we are wanted.' 'All this could adversely impact our strategy in India and also investments.'
In the all-party meeting on Tuesday, Opposition parties demanded discussions on price rise, unemployment and Economically Weaker Section (EWS) quota among other issues, sources said.
On May 6, the top court had referred to a five-judge Constitution bench the issue of control of services in Delhi.
In many states, aggregators operate without a licence; in others, with the risk of the licence being revoked by any regional transport office on the slightest pretext.
The prime minister had openly said the retail sector should be open to competition, domestic and foreign.
In a big win for the Narendra Modi government, the Supreme Court in a 4:1 majority verdict on Monday gave its stamp of approval to the Centre's 2016 decision to demonetise the Rs 1,000 and Rs 500 denomination currency notes, saying the decision-making process was neither flawed nor hasty.
