-Livemint.com Transfers to states are stagnating at a time when developmental demands on state governments are rising Five years ago, when the 14th finance commission recommended an increase in devolution of funds to state governments and a hike in the share of untied funds they received, it was heralded as a new era for fiscal federalism in the country, and one that would significantly empower state governments at a time when they...
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Repealing the Construction Workers Act Under New Labour Codes Will Prove Disastrous -Harshil Sharma
-TheWire.in In the name of simplification and universalisation, the new labour codes will likely result in increased worker exploitation. The Indian government has brought out four labour codes with the stated objective to rationalise and simplify the existing 44 labour laws. It is a welcome initiative to consolidate and simplify the delivery of justice to the working class. The four labour codes relate to wages, industrial relations, social security and welfare and...
More »Government keeps options open for more fuel price hikes -TCA Sharad Raghavan
-The Hindu Finance Bill provides for rise of Rs.5/litre While the Budget has effected a hike in the duties and CESs on petrol and diesel amounting to Rs.2 per litre, the government has given itself the leeway for a further increase of levies by Rs.5 per litre, Revenue Secretary Ajay Bhushan Pandey said. While Finance Minister Nirmala Sitharaman had announced a Rs.1/litre increase in the Special Additional Duty (SAD) on petrol and diesel...
More »Even After Abolishing It, Centre Collected Over Rs 1,300 Crore Under Krishi Kalyan CESs -Dheeraj Mishra
-TheWire.in An RTI response has shown that the government continued to collect money under the CESs even after July 1, 2017. New Delhi: The Narendra Modi-led Central government has collected tax worth more than Rs 1,300 crore under the Krishi Kalyan CESs (KKC) despite having abolished it, information received through the Right to Information has revealed. The Ministry of Finance had gradually disposed of several CESses with the Goods and ServiCES Tax (GST)...
More »Crops in Guj, Rajasthan hit by rain: farmers knock at govt door
-The Hindu Business Line Horticulture farmers and wheat growers are the worst hit Ahmedabad: After a devastating hailstorm and unseasonal rains earlier this week in parts of Western India that damaged crops, farmers in Rajasthan and Gujarat are now pinning their hopes on the government assistance to make up for the losses. The worst hit are horticulture farmers and wheat growers, who were in the middle of the harvest season. According to estimates...
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