-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unemployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest economy in the world, recorded a 41-year high inflation of 8.1%....
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States vs Centre: Which govt. increased the fuel Tax rate? -Vignesh Radhakrishnan
-The Hindu What is the Opposition-ruled States’ stand on reduction of value added tax to bring down petrol prices? The story so far: Petrol is retailing at more than ₹100 per litre across India. While rising crude oil prices have added to the burden, the primary reason behind the steep increase in pump fuel prices over the last few years is the gradually rising Central Government's excise duty component. Currently, for every...
More »Delhi's Auto, Taxi Drivers Start 2-Day Strike Today Over Fuel Price Hike
-ANI/ NDTV.com Auto, Taxi Drivers Strike In Delhi: Several unions of auto and cab drivers are demanding that the fare rates be hiked and fuel prices be reduced. New Delhi: To protest against the soaring fuel prices, members of auto, taxi and cab drivers' associations in Delhi have decided to go on a strike from Monday for two days. Several unions of auto and cab drivers are demanding that the fare rates be...
More »Food grain traders of Dhanbad protest against tax hike -Praduman Choubey
-The Telegraph Merchants fear the new decision may result in corruption Dhandbad: Food grain traders across the state are up in arms against the new Jharkhand State Agricultural Produce and Livestock Marketing Act 2022 implemented by government as per which a 2% Bazar fee is to be imposed on all transactions held in 'Agriculture Produce Market Committee' operated markets across the state. The protesting food grain traders have termed the decision of the...
More »How GST is killing small businesses with inspector raj and suffocating compliance -Ritesh Kumar Singh
-ThePrint.in GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments. The introduction of the Goods and Services Tax or GST was supposed to create a unified market of 1.4 billion people and encourage entrepreneurship and job creation. The other aim was to bring more and more firms into the formal sector of India’s economy, which will help expand the tax...
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