-Livemint.com The GST Council has fixed a 12% GST rate on fertilizers, up from the current 4-8% rates, depending on raw materials used and in which states the products are sold New Delhi: India’s landmark tax reform, the goods and services tax (GST), may not be good news for farmers. Retail prices of commonly used fertilizers and micronutrients are likely to increase, not only raising the cost of cultivation but also leading...
More »SEARCH RESULT
Total Matching Records found : 93
Why India needs another statistical revolution -Pramit Bhattacharya
-Livemint.com The Indian statistical system is failing to fulfil the needs of 21st century policymaking The Indian state has often been a source of bewilderment to observers and analysts, and a source of frustration for its citizens who marvel at the state’s ability to perform complex tasks—such as running a successful space mission—while failing to perform many basic tasks such as ensuring the survival of newborns. Perhaps no other organ of the...
More »New WPI series suggests higher core inflation rate in past 6 months: CRISIL
-Business Standard WPI inflation for April is at 3.9%, which is 144 (bps) lower than the March inflation rate The Ministry of Commerce and Industry unveiled the revised wholesale price index (WPI) on May 12, 2017 as per the 2011-12 base year. As per this release, WPI inflation for April is at 3.9%, which is 144 basis points (bps) lower than the March inflation rate. The decline is mainly due to a...
More »Look at the facts of demonetisation, not politics -Kaushik Basu
-The Indian Express Six months later, it is clear that it achieved next to nothing, and inflicted a large cost on the poor and the informal sector. It was six months ago, on November 8, that India hit the headlines the world over, with its sudden demonetisation. It was announced in the evening that, at the stroke of the midnight hour, all bank notes of Rs 500 and Rs 1,000 would cease...
More »We should tax agriculture. But how? -Madan Sabnavis
-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where money is channelled to avoid paying taxes. As the focus...
More »
