Union Minister of Science & Technology Jitendra Singh said the simplified general financial rules will promote ease of doing research & empower institutes to innovate faster.
Ministry of Finance also informed Parliament that from 2023-24 onwards, it has stopped providing targets in budget for how much it expects to receive through disinvestment.
What did Manmohan Singh have to say about 1991 economic reforms, working with Indira Gandhi & Narasimha Rao, and more. Read this transcript of his Walk The Talk interview to find out.
GST council in its 54th meeting exempted universities, research centres governed by central or state govt, or those exempted from Income Tax, from paying GST on research grants.
Somanathan, currently finance secy, will take over as cabinet secy for 2 yrs starting 30 August. A vital adviser to finance minister & close to PMO, he is vocal about views on taxation.
The Appointments Committee of the Cabinet has also approved the appointment of Somanathan as officer on Special Duty in the Cabinet Secretariat, an official order said.
Speaking at an event, the former CEA says he no longer thinks fuel & electricity should be included in GST and added that India has only now, 7 yrs later, reached pre-GST revenue levels.
Despite multiple agencies being involved, the US could maintain a clear chain of command. This is something India should consider too, as it defines the theatre command structures.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
Venezuela also boasts of a diverse portfolio of unmanned aerial vehicles capable of carrying out surveillance, reconnaissance and being employed for kinetic purposes as well.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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