-Livemint.com Here are some FAQs about the Goods and Services Tax (GST) slated for rollout on 1 July What is GST? Goods and Services Tax (GST) is a value-added tax at each stage of the supply of goods and services precisely on the amount of value addition achieved. It seeks to eliminate inefficiencies in the tax system that result in ‘tax on tax’, known as cascading of taxes. GST is a destination-based...

-The Hindu GST will subsume almost all cesses levied at the moment One of the key sticking points thwarting consensus in the Goods and Services Council over the course of its meetings in 2016 was the compensation the Centre would have to pay States for any losses they might incur due to the implementation of the new indirect tax regime. What was the issue? The GST is a destination-based tax, and as such is...

-Livemint.com Farmers across the country choose cotton and sugarcane over rain-fed pulses like arhar and moong which saw a collapse in their wholesale prices in 2016-17, shows data New Delhi: Following a collapse in wholesale prices of rain-fed pulses like arhar and moong over the past six months, farmers across India have reduced planting of these varieties, data on Kharif sowing released by the agriculture ministry on Friday shows. Simultaneously, farmers have...

-Hindustan Times India needs a paradigm shift in agriculture for economic and ecological sustainability Whenever flashpoints are reached, such as the current farmers’ agitation, there is a clamour for immediate palliatives. This is understandable, as those in acute distress need relief. But what we must not overlook are the profound possibilities of reform that such crises open up. Take Madhya Pradesh (MP), the epicentre of the agitation, which best exemplifies the required...

-The Hindu Business Line Area under Oilseeds and cotton up; pulses acreage slides New Delhi: Notwithstanding a sluggish monsoon and farmer unrest in different parts of the country, agriculture is picking up momentum, with all crops other than pulses showing an upswing in the sowing area. According to data released by the Union Agriculture Ministry on Friday, there has been a 10 per cent increase in the area under cultivation so far, with...