Anti-profiteering measures enshrined in the GST law round the circle by already providing an institutional mechanism to ensure that the full benefits of reduced tax rates flow through to the consumer.
The establishment of the National Anti-Profiteering Authority (NAPA) can go a long way in ensuring that benefits of the GST are passed on to the consumers. However, the NAPA should not be used to harass traders.
The anti-profiteering body does have a good chance of becoming another bureaucratic layer which needs to be bribed to keep your restaurant/business running
Under GST, the government is setting up a National Anti-Profiteering Authority to ensure businesses do not cheat consumers. The new authority will ensure the benefit of reduced prices under the new indirect tax regime is passed on to consumers, said Law Minister Ravi Shankar Prasad.
While interacting with the students of IIT Gandhinagar recently, I observed that most of them still believed in Modi, and Gujarat was a safe place for women, unlike most of the states.
The youth of Gujarat who are reaching the voting age of 18 for the first time in this election were 15-16 years old when the state voted overwhelmingly to make Modi the Prime Minister. Naturally, at that time, the Modi craze was very high.
Through film, textile, scent, sound, and gesture, spectators are invited to descend into an immersive environment where inherited knowledge seeps through material and form.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
Sorry to say this, but your analysis is always superficial, and the way you evaluate personalities is biased.