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Small businesses grapple with GST compliance -Surabhi

-The Hindu Business Line Automating the systems seems to be the biggest challenge New Delhi: With less than a week to go for the new indirect tax regime to kick in, small businesses are trying to understand the modalities of the goods and services tax (GST) as the compliance burden for them is set to significantly rise. Making a relaxation for small businesses, rules allow those with an annual turnover between Rs. 20...

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Why the Farmers in India are Up in Revolt -Subin Dennis

-Newsclick.in Forget 50 percent profit over the cost of production, the farmers were forced to sell their produce at well below the minimum support price and the cost of production, pushing them deeper into debt. Farming turning increasingly unviable across vast swathes of India, and the Narendra Modi-led government not delivering on the BJP’s election promise to “make agriculture rewarding” lie behind the massive protests that have rocked several BJP-ruled states in...

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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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GST: Ayurvedic medicines likely to become expensive -Prabhat Nair

-The New Indian Express THIRUVANANTHAPURAM: The Goods and Services Tax (GST), which is said to benefit Kerala in terms of life saving allopathic drugs, is set to spell doom for ayurvedic medicines and products with the proposed 12 per cent tax slab. With the high tax incidence, ayurvedic products and medicines will be out of reach of the common man. The doctors say most of the drugs used for degenerative diseases, allergy...

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Bleeding banks need more than a bandage -Shachi Singh

-GoI Monitor The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help? THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list...

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