Frequent changes in tax laws leading to uncertainties for businesses and lowering of rates without a corresponding rise in tax buoyancy among factors for lack of buoyant GST collection.
As many as 10 opposition-ruled states rejected both the borrowing options put forward by the Centre. The next GST Council meeting is scheduled for 12 October.
Centre proposes special RBI window for states to borrow to meet the shortfall as cess will make up for only 22% of the losses. States, instead, suggest Centre should borrow.
Last 4 years have seen series of reforms, systems have been cleaned up, decisiveness has led to easier decision making and has made the economy stand out.
Higher GDP numbers for Q2 are good news, but an improvement of 0.6 per cent over the previous quarter is practically within the range of statistical error
With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.