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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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Middle Earth Moguls -Pragya Singh

-Outlook Good monsoon or bad, glut or drought, boom or bust...it’s always fair weather for the range of middlemen who come between the farmer and consumer. An anatomy of the trade. One of the axioms of logic is called the Law of the Excluded Middle. Something has to be eit­her true or false—there’s no middle ground. As we all know, economics works a bit differently. Facts can be fickle, data pliable, and...

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100 days of Yogi: Adityanath falters on law and order promise in Uttar Pradesh as crime spikes -Prashant Jha and Rajesh Kumar Singh

-Hindustan Times But the Uttar Pradesh government isn’t panicking yet, and believes it can get things under control with tough measures, including encounters. Lucknow: A petrol pump owner looted; a trader murdered; jewellery shops robbed; a political leader killed; a constable shot; four members of a family -- including two girls -- hacked; a police sub-inspector beaten up; caste clashes erupt. Glance through local newspapers of Uttar Pradesh, and the headlines would be...

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Why a price increase alone won't help farmers -Elumalai Kannan

-The Hindu Fundamental problems of crop and regional bias of MSP policy, govt. procurement and access to institutional credit need to be addressed. Agricultural distress is often viewed as a short-term phenomenon in which farmers look for support from various quarters on account of being unable to get a gainful return due to price crash, poor marketing facilities, rising credit burden, increasing cost of inputs and frequent occurrence of natural calamities. A...

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TN against move to price groundwater for agriculture -T Ramakrishnan

-The Hindu State government preparing its response to the model groundwater bill circulated by Central government The State government does not favour the idea of pricing groundwater for agriculture. The government, which is fine-tuning its response to the model groundwater bill circulated by the Central government, feels that the text of the model bill provides scope for the idea, which, if translated into action, will only attract controversies, says a senior official. Though...

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