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All you need to know about GST

-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...

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Developers in quandary as states not ready with Rera rules -Prabhakar Sinha

-The Times of India NEW DELHI: Real estate developers across the country are in a quandary as the Centre has stopped them from marketing ongoing projects yet to be registered with their respective state's real estate regulatory authority (Rera), and most state governments are neither ready with rules under the new Act, nor have they created the authorities. In a written clarification to the National Real Estate Development Council (NAREDCO), the Union...

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'Tur' farmers in Maharashtra remind Modi of his 'chai pe charcha' promise -Abhiram Ghadyalpatil

-Livemint.com At some 200-plus tur procurement centres in Maharashtra, where Nafed had agreed to purchase the crop till 31 May, the desperation of thousands of farmers represent all that is wrong with government intervention in the agriculture market Wardha, Hinganghat (Vidarbha): Santosh Borkute, a cotton and tur cultivator in Amla village of Wardha district in Vidarbha region, has learned from Marathi newspapers that the Narendra Modi government has completed three years in...

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AAP govt spent Rs 30 lakh on ads; just Rs 3.15 lakh in loan to students: Yogendra Yadav

-PTI NEW DELHI: The AAP government spent Rs 30 lakhs on advertisements for student loans' scheme, but only three students got a mere Rs 3.15 lakhs till December last, Swaraj India today claimed, as it sought to rupture the "tall claims" made by the Arvind Kejriwal dispensation in the field of education. The Higher Education and Skill Guarantee Scheme is Delhi government's flagship programme. Addressing a press conference, Yogendra Yadav said doubling of...

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The mother of all disruptions -Jean Dreze

-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...

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