Also on the anvil is abolition of distinction between Plan and non-Plan expenditure and replacing it with capital and revenue expenditure
Lt Governor Najeeb Jung, who is now administering Delhi after President's rule was imposed, on Tuesday made it clear that none of the decisions and initiatives taken by the Aam Aadmi Party government will be scrapped, including the 50 per cent subsidy on power tariff.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
Modi said officers must fix clear targets to improve the country's tax administration by 2022, the 75th anniversary of Independence.
The fourth and final Test match between India and South Africa to be held in Delhi from December 3-7 is set to be moved to Pune after the Arvind Kerjiwal-led Aam Aadmi Party government refused to grant Delhi and District Cricket Association the required permissions to host the match.
'The IAS officers are after the rich people, the IRS officers are after the middle class and the IPS officers are after the poor. This is the new varnashrama created by the bureaucracy.'
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
At least 18 people were killed and 24 others injured on Saturday when a private bus plunged into the Beas river near Vindravani in Mandi district of Himachal Pradesh.
Prime Minister also underlined the need for increasing the number of tax payers to 10 crore.
Siddaramaiah announces free LGP gas, universal health scheme in budget
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
"This is completely untrue. Please do not re-circulate such message without checking it with authority," Adhia said.
Drugs under exemption make up roughly 95 per cent of the antiretrovirals used by India's AIDS patients
Haryana Governor Kaptan Singh Solanki has sought response from Bhupinder Singh Hooda government on the Bharatiya Janata Party's demand for cancellation of recent controversial appointments by the chief minister.
Clean energy cess to hike cost for power sector.
Despite the indisputable facts demonetisation and its pain is yet to have a quantifiable political backlash. But this is provided the government can limit the damage to the next one week.
The markets will be eyeing the amendments.
Maharashtra Chief Minister Devendra Fadnavis defended the state education minister and Bharatiya Janata Party leader Vinod Tawde, who is caught up in a row over his educational qualification.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
The views are stunning, the skies are blue, the forests are lush and, wonder of wonders, thanks to the discipline of the tea estate, even man isn't vile, discover Renu Bahal Wadhwa and T C A Srinivasa Raghavan after a trip to Kerala's breathtakingly beautiful hill retreat.
The opposition parties vehemently criticised the new 'one nation, one tax' system having four different rates instead of a single rate adopted in some countries including the UK and Singapore.
'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'
Steep taxes on petrol and diesel add to the cost of economic activity and reduce the Indian economy's competitiveness. The two fuels must be brought under GST's purview, suggests former IAS officer Ajay Shankar.
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.
China has been trying to build lobbies of influence and mould public opinion in India since at least 2017, and large sums have been invested in the effort, reveals former RA&W officer Jayadeva Ranade.
Goods and Services Tax would usher in an unified indirect tax regime.
State after state has imposed an alcohol ban, and has had to retreat, unable to address the financial and administrative fallout. Are we set for more of this cycle, asks Aditi Phadnis.
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The move is expected to delay the introduction of low-priced medicines in the market.
Import duty on PVC, at 7.5%, is far lower than that prevailing in comparable economies.
'To identify with the common man, Modi had to look like one.' 'The disastrous suit with his name written on it never made its reappearance.' 'Frequent dress changes during the day, which led Arvind Kejriwal to calculate that Modi spent crores on his attire ever year, too stopped.' 'Instead, a newer Modi emerged: Humble and eager to serve.' Narendra Modi has cleverly repositioned himself as a man of the masses in the past three years, says Aditi Phadnis.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
Here are some tips to help you crack the Staff Selection Commission Combined Graduate Level Examination.
The government announced several incentives in the five-year Foreign Trade Policy.
Parliament on Thursday cleared the decks for the rollout of the historic Goods and Services Tax from July 1 as it approved four supporting legislations to usher in the one-nation-one-tax regime.
The larger virtue of maintaining fiscal credibility should not be unduly diluted by quibbles on the fiscal math, says Sajjid Chinoy.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
Sources said while the Janata Dal-Secular will have nine new ministers, the Congress will have nearly 12 of its legislators inducted into the cabinet. Lone Bahujan Samaj Party MLA N Mahesh will also be a part of the cabinet expansion and will be given a key portfolio.
Fourteen ministers are from the Congress, nine from its ruling coalition partner Janata Dal-Secular and one each from the Bahujan Samaj Party and the Karnataka Pragnyavantha Janatha Party.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
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