Recent estimates show that foodgrain production in 2016-17 has touched a new record of 273.4 million tonnes or 8.7 per cent higher as compared to last year.
Bihar's Deputy Chief Minister Sushil Kumar Modi tells Ajit Jain about tax lessons he learned in Canada
Petrol prices in India are amongst the highest in the world.
At SUGAR, the emphasis will be on prevention, timely diagnosis and treatment of diabetes.
Over the past 18 months, the number of caller tune subscribers, each paying Rs 30 a month for the service, has fallen from 100 million to 55 million.
Bharat Sanchar Nigam Ltd has launched a suite of Marathi, Hindi and English-based services on the voice platform for its Maharashtra CellOne and landline subscribers.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
If it fails, the services will be stopped from March 1.
Although demonetisation and improper implementation of GST along with falling prices are being blamed for much of the distress in rural India for some time, experts believe those may not be the only reason.
It is not a good idea to take the line that since demonetisation happened in the third quarter, everything that happened then was a consequence of that, says Chief Statistician TCA Anant.
Between September 2017 and August 2018, close to 15% of all flavoured milk launches in India were in the chocolate category, reports Nitin Kumar.
At a time when others car makers are planning price hikes, Tata Motors on Saturday announced discounts and freebies worth up to Rs 1.5 lakh on purchase ofdifferent models which are valid till the end of this month.
Tsipras asked to keep a discount on value added tax for Greek islands, stretch out defence spending cuts and delay the phasing out of an income supplement to poorer pensioners
As far as Saffola is concerned, oil and oats have been successful segments.
Embarking on a major promotional drive to popularise value-added products of coconut, the Coconut Development Board has tied up with BPCL to put up kiosks in petrol stations throughout the country.
The Bharatiya Janata Party on Thursday described Samajwadi Party's opposition to the hike in diesel price as a "drama" and demanded that the government reduce value added tax (VAT) in Uttar Pradesh if it was really concerned about the people.
CIBIL provides credit information about individual customer and business entities that helps banks in taking decision on sanctioning credit to any customer.
In the second of a four-part series, Arthur J Pais profiles economist Raj Chetty, winner of the MacArthur Foundation Fellowship, nicknamed the 'genius grant'. In this interview, he emphasises how the presence of high value-added teachers in school can go a long way in shaping their pupils' destiny.
Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.
Petrol prices in India are amongst the highest in the world.
India needs to revive corporate sector investment, push critical reforms and remove infrastructural bottlenecks to boost industrial growth in the country, says a government document.
The Honor 20i is a complete package in the budget smartphone segment, says Khalid Anzar.
New GST rates are between 5-18% on sectoral products
'Since the bilateral deficit is a reality -- and a worry -- we need to find a way to deal with it,' says Ravi Bhoothalingam.
The government had banned exports of casein and milk powder in February last year, following a fall in the domestic supply of milk.
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
The CSO estimate is, however, a bit lower than 7.4 per cent growth projected by the Reserve Bank for the current fiscal.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
CM Prithviraj Chavan indicates issue to be discussed once again by Cabinet
The promise made in Yadav's 2012 election manifesto of giving an unemployment dole of Rs 1,000 found precedence in his maiden budget speech.
Meanwhile, Uttarakhand, Kerala and Delhi have already announced cut in value added tax on petrol.
India's gross domestic product product (GDP) growth rate between 2011-12 and 2016-17 should be about 4.5 per cent instead of the official estimate of close to 7 per cent, he said in a research paper published at Harvard University. "The Indian policy automobile has been navigated with a faulty, possibly broken, speedometer," he says in the paper.
The value-added tax system proposed to be introduced from April 1, 2005 replacing the sales tax system, would be fine-tuned over time to free it from distortions, advisor to the finance ministry Parthasarathi Shome said on Monday.
While existing players are expected to first drop prices, acquisition of smaller firms by larger ones is likely in future
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year
Cigarette pricing in India can go the liquor way as ITC, the undisputed leader in the sector, may consider state-specific pricing for its popular brands. This comes after the ad valorem duty imposed in the Union Budget, coupled with the varying value added tax (VAT) rates across states.
Higher costs of car inventories, missing sales targets and manufacturer expectations, and soaring rentals, are eating into dealers' margins.
Finance Minister Arun Jaitley said the excise duty cut would have an impact of Rs 10,500 crore on central government's tax revenues.
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