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Tuesday, October 21, 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

Lobbying for invites to hugs from Rekha—Diwali parties are Bollywood’s power games

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.

What’s keeping homegrown consulting firms from taking on Big 4? Here’s what ICAI chief has to say

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.

Precise & proven: The Tomahawk, America’s prized missile wanted by Kyiv & feared by Kremlin

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.

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.