The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
A 14-member council of ministers was sworn in Patna by Governor Phagu Chauhan on Monday and the BJP bagged seven berths.
But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.
Around 30 people are still undergoing treatment at various government hospitals in Bhavnagar, Botad, Barvala and Dhandhuka, officials said.
Portfolios were distributed 2 weeks after the MVA govt was sworn-in. Shiv Sena's Eknath Shinde will be home minister while NCP's Jayant Patil will be finance minister.
From Congress to BJP and back to Congress, Yashpal Arya, who was Uttarakhand's transport and excise minister in the Dhami government till the other day, has resigned and returned to his womb. But he is not the only one in the Land of the Gods to do so, reports Shishir Prashant.
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
The price of petrol is expected to come down to Rs 84.71 a litre and diesel to Rs 77.98
B L Agrawal, a principal secretary in the Chhattisgarh government, was arrested for allegedly bribing people to help him wriggle out of corruption cases pending against him, while J P Singh, a former joint director of in Enforcement Directorate, was held for accepting illegal gratification to favour the accused in the Indian Premiere League betting scam.
The EC has asked all departments to deploy round-the-clock flying squads, quick-response teams, and high-tech machinery to check money inflow. They are also to examine vehicles passing though check-posts, reports Shrimi Choudhary.
The move will boost the government's revenue at a time when Delhi's economy is struggling in view of the Covid-induced lockdown that has been in place since April 19.
Apart from the chief minister and deputy chief minister, 13 cabinet and 10 ministers of state were allocated portfolios.
Aditya Thackeray may want Mumbai's shops and restaurants to remain open 24x7 but the Maharashtra government won't be okaying it in a hurry, says Neeta Kolhatkar.
According to government, the chocolate manufacturer wrongfully claimed exemption.
The Anti Corruption Bureau has already registered five criminal cases and arrested more than thirty people, reports Mohammed Siddique
The BJP would want that by March 2022, when UP votes, the economy starts looking up and it heads into the polls with no other issue distracting from its main poll plank of the construction of the Ram temple in Ayodhya.
The Congress on Monday stepped up its attack on the BJP-led Centre over the issue of price rise with Rahul Gandhi saying the biggest problems facing the country were unemployment, inflation and growing hatred.
Outlay for infra is also expected to see a significant increase in view of the government's Rs 111-trillion investment plan under the national infrastructure pipeline to develop social and economic infrastructure over five years.
The Centre has told the Supreme Court that West Bengal's power to withhold consent to the Central Bureau of Investigation is not absolute and the probe agency is entitled to carry out investigations that are being carried out against Central government employees or have a pan-India impact.
Finance Minister Arun Jaitley said the excise duty cut would have an impact of Rs 10,500 crore on central government's tax revenues.
The toll in the hooch tragedy in Lucknow and Unnao districts on Tuesday climbed to 31 with 17 more people dying in various hospitals in Lucknow.
Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to the twenty-member council of ministers, including 10 of the Shiv Sena, who were inducted into his expanded cabinet.
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
As per practice a vote-on-account or approval for essential government spending for a limited period is taken in the election year and a full-fledged budget presented by the new government.
It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.
The Shiv Sena has spurned Congress' request to participate in the bandh.
"When the SHO sir asked me about my interest of area, I told him that I am a dance teacher and want to continue it. The SHO sir said that they will try to find me a suitable job. He sent me to Sandoz to restart earning livelihood till the time I get a job in dancing. I am also thinking to apply in schools for dance teacher," Balaji Sawalkar said.
On Thursday, violent mobs went on the rampage in the Nagaland capital vandalising and setting on fire government offices and vehicles, prompting deployment of five columns of army to bring the situation under control.
In a maiden initiative, the Election Commission has introduced e-filing of affidavits by candidates for the forthcoming Lok Sabha and assembly polls.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
Much as we'd like it to, all hasn't changed. In our country, the revolution must be polite and careful not to offend. Still, Raja Sen assures, there is hope.
Major Khushboo Kanwar, the daughter of a Rajasthani bus conductor, made history on Rajpath on Republic Day.
The much-awaited Karnataka Cabinet expansion would take place on Wednesday with the induction of 7-8 ministers, Chief Minister B S Yediyurappa said on Tuesday.
The CBEC will itself be rechristened as the Central Board of Indirect Taxes and Customs and will supervise GST and Customs activities and provide the government policy inputs.
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
The Civil Services of India continue to be a prestigious avenue for all those dreaming of 'making it'. Here's how you can be an IAS/ IPS officer.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
It will reduce compliance cost as the assessee will not have to maintain multiple records for a variety of taxes
This will violate the time-honoured convention that a government elected for a five-year tenure presents only five full Budgets, but the NDA government will no doubt present it as yet another initiative of Mr Modi.
As corporate India gears up to be GST-ready, the ongoing litigation and tax dispute cases are something most businesses are cagey about.
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