-Livemint.com GST is one of the most complex with the second highest tax rate in the world among a sample of 115 countries which have a similar indirect tax system, says the World Bank The goods and services tax (GST) implemented by the Narendra Modi government from 1 July last year is one of the most complex with the second highest tax rate in the world among a sample of 115 countries...
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Not in favour of farm loan waiver: Govt informs parliament
-PTI The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate and has systematic consequences New Delhi: The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate, parliament was informed on Tuesday. However, several measures have been initiated to reduce the debt burden on farmers and increase availability of institutional credit, minister of state for agriculture Gajendra...
More »New metric for jobs growth to include informal economy -Prashant K Nanda
-Livemint.com The govt will count jobs created in establishments deploying less than 10 people, which essentially means that shops run by one owner and one employee too will be counted as employment generation New Delhi: Expanding the scope of job creation in the country, the National Democratic Alliance (NDA) government has now decided to start counting jobs created in the non-farm informal sector. The government has asked labour bureau under the Union labour...
More »Flush season extends, dairy farmers worry about further dip in procurement prices -Parthasarathi Biswas
-The Indian Express Around 10 per cent more milk being produced compared to last year Pune: This year has so far failed to bring cheer to the dairy industry in Maharashtra. The extended flush season has added to the woes of the industry already reeling under low commodity prices. With around 10 per cent more milk being produced as compared to last year, dairies are now worried about further reduction in the...
More »Farmer bodies announce public audit of MSP system -Sayantan Bera
-Livemint.com From 14 March the farmer organisations will carry out a public consultation and audit of the MSP system in mandis in eight states and raise the demand to make MSPs a legal entitlement for farmers New Delhi: Holding the government accountable for its budget promise of ensuring minimum support prices (MSP) to farmers, a host of farmer organisations on Wednesday flagged that the winter harvest of gram, lentils and mustard, which...
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