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 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.
There are big-ticket gifting specialists these days who curate the most creative presents—for a big, fat fee. It’s a lucrative side hustle for socialites.
Institute of Chartered Accountants of India president Charanjot Singh Nanda, a stakeholder in govt's plans to promote home-grown consulting firms, speaks on what is holding back domestic firms.
After initially showing interest in supplying the long-range missile to Ukraine, Trump appeared hesitant following his meeting with Zelenskyy, a day after his phone call with Putin.
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.
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