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Friday, October 24, 2025
TopicNational Anti-Profiteering Authority

Topic: National Anti-Profiteering Authority

Talk Point: The regulatory philosophy of NAPA replaces the invisible hand of the market

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.

Talk Point: GST anti-profiteering body may increase corruption, red tape

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

Talk Point: Anti-profiteering body of GST could allow bureaucracy to unleash a tax raj

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.

On Camera

Muslims use Halal, Hindus eat Sattvic food, Jains avoid meat. Where is terrorism in this?

Strangely enough, halal certification is perfectly fine when it comes to exports. Why that is, no one seems to know.

US sanctions Rosneft & Lukoil: What we know of 2 oil giants that produce half of Russia’s crude

Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 barrels of crude per day from the firm.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

CJI, IPS, IAS & Homebound: A wake-up call 75 years in the making

Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.