Stock clearing to rain discounts on consumers in June ahead of GST rollout.
Britain's third female prime Minister, Liz Truss, was out of office on Thursday after the shortest tenure at 10 Downing Street in London and without a cherished India-UK free trade agreement (FTA) under her belt as a Brexit prize.
As opposed to term insurance that keeps you covered for a specific time period, opting for a whole life term plan means that you are covered for your entire life, says Santosh Agarwal.
P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
The Union Budget 2021-22 has made it easier for sovereign wealth funds and pension funds to invest in Indian infrastructure projects, but some of the new rules may need more clarity, experts said. The proposed regime requiring investments through holding companies may have adverse tax implications for such funds and may create an arbitrage between the new and old projects, they said. Besides, the ownership structure of holding companies through which investments are to be made requires further clarification, they added.
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
At the first meeting of Governing Council of NITI Aayog on Sunday, Prime Minister Narendra Modi will seek views of Chief Ministers.
The tax dept has served notices on about 36 foreign investors.
ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.
'Goa is a tiny state, but in terms of its Business of Politics, several powerful lobbies of India are involved in it, be it the mining lobby, hoteliers' lobby, casino lobby, hawala lobby, drugs lobby etc.'
Modi laid the foundation stone of a four-lane cable-stayed bridge between Okha and Beyt Dwarka.
Prasanna D Zore discovered an electrifying atmosphere as the Yatra passed through Balapur in Maharashtra's Akola district.
The Centre's revenue from GST registered a decline of 10 per cent in 2017-18 compared to revenue of subsumed taxes in 2016-17.
Sinha said the data on economic growth put out by the Central government cannot be trusted.
Investors from across the globe are keen to invest in Gujarat.
Several exemptions have been given to reduce the cost of raw materials.
The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.
Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.
The GST will replace more than a dozen levies central and state levies, including central excise duty, service tax and central sales tax as well as VAT on sale of goods and entry tax, to make movement of goods seamless across 1.3 billion market.
For a village in Azamgarh, Mubarakpur is an aberration. Its streets are clean, roads well-paved, and no open sewage drains are visible anywhere. Although a few houses look derelict, most bear signs of relative affluence, some even opulence. But that is not attributable to the village's marquee industry - silk saree weaving, which is sold as the "Banarasi silk saree" across India. Rather, it's because of the exodus of its residents and those of neighbouring villages to Saudi Arabia and the money repatriated back home.
Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.
The GST Network's chairman Navin Kumar speaks to Dilasha Seth and Indivjal Dhasmana on various aspects of the new tax regime.
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
The year 2018 is likely to be steady in terms of institutional investment into real estate
The Rajya Sabha approved 15 legislations during the session while the Lok Sabha passed 23 bills, including the GST bills.
Its governing allies are not happy on the economy and complain of ignored concerns but find themselves unable to be assertive.
Singapore's single-rate GST structure cannot be India's model. But its practice of early announcement of rates much before their implementation should be emulated by India, says A K Bhattacharya.
David Cameron, who became Britain's youngest prime minister since 1812 when he won elections in 2010, on Friday surprised everyone by securing a majority for the Conservatives against all odds to allow his party to govern alone for the first time in more than two decades.
'From the tiniest to mid-level organisations and even some at the lower end of the large-scale ones would say that computerisation and the extensive documentation and regulatory requirements for GST have made the compliance process worse in many cases.'
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
'We can only hope that the government has finally 'got it' and will stay focused on improving productivity, demand, and governance,' says Debashis Basu.
'We need to put aside our anxieties about the Budget for now and possibly for long, and carry on as best as we can,' advises Shreekant Sambrani.
NPS still has critics despite being in business for a decade and mopping Rs 24,000 crore as of 2013-14.
Appearing on Rediff Chat, G Srikanth, partner in GSV Associates, Chartered Accountants, Chennai, and member of the Institute of Cost and Management Accountants, answered readers' queries on the Goods and Services Act.
Listing out the achievements of his government, he said the country has moved away from a culture of delaying work through 'atkana, latkana and bhatkana' (obstructing, delaying and misguiding).
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