-PTI AHMEDABAD: In a relief to parents of children studying in private schools, the Gujarat High Court today said the state government's law to regulate fees was constitutionally valid. Rejecting around 40 petitions opposing it, a division bench of Chief Justice R Subhash Reddy and Justice V M Pancholi upheld the Gujarat Self Financed Schools (Regulation of Fees) Act, 2017. The court ruled that state legislature is competent and has the authority to...
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Sliding GST collections may put pressure on government -Gireesh Chandra Prasad
-Livemint.com GST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November New Delhi: Things don’t augur well for the exchequer, with recent GST rate cuts and a lenient implementation of the goods and services tax causing collections to slide further in December, posing a challenge to the government. Total GST collection of the central...
More »Centre to dole out Rs 10,000 crore incentive for municipal reforms -Dipak K Dash
-The Times of India NEW DELHI: The Centre will dole out the biggest ever incentive of Rs 10,000 crore to municipalities and states in the next two years to push urban reforms. The housing ministry has put up the proposal before the Cabinet for approval. The ministry had introduced parameters for competition among states and municipalities last year and Rs 900 crore in incentives was disbursed based on their performance for two...
More »Open to suggestions on Aadhaar: Arun Jaitley -Arup Roychoudhury
-Business Standard Jaitley said the Aadhaar Act, which gave legal backing to the programme in 2016, had substantial provisions to ensure privacy Finance Minister Arun Jaitley reiterated the privacy credentials of the Aadhaar programme and said that the government was open to suggestions from the civil society and stakeholders to further strengthen the unique identification programme’s infrastructure. Speaking at the launch of a book on the biometric system on Saturday, Jaitley said that...
More »Bhargavi Zaveri, senior research associate at the Indira Gandhi Institute of Development Research, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...
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