-The Indian Express The dairies are blaming the current situation on the crash in international skimmed milk powder (SMP) prices Puntamba (Maharashtra): Since early September, Nitin Dhanvate’s dairy farm business has gone for a toss. Till around then, the 33-year-old from this village in Ahmednagar district’s Rahata taluka was receiving Rs 28 per litre for the milk containing 3.5 per cent fat and 8.5 per cent SNF (solids-not-fat) he was supplying to...
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A natural stream is back from the dead in Kerala -Radhakrishnan Kuttoor
-The Hindu District Collector in Kerala breathes new life into the Karimaramthodu Pathanamthitta (Kerala): A nearly dead natural stream in Kerala has been nursed back to life by a District Collector, who believes that “there is a stream flowing through everyone’s life.” No one imagined that Karimaramthodu, which at one time flowed vigorously around the paddy fields of Aranmula Puncha, could be salvaged after it was filled up for a private airport project. Their...
More »Can Budget 2018 Set a Road Map For a Truly 'Good and Simple Tax'? -Rajul Awasthi
-TheWire.in While the nitty-gritties of GST work are handled by the council, slippage in revenues are a result of poor design, which is why a road map for reforming the GST is needed. I don’t envy finance minister Arun Jaitley. The fiscal situation is looking rather grim, with the fiscal deficit target amount for the entire year having already been exceeded by 12 percentage points, with a full quarter of the fiscal...
More »Congress puts govt on mat for refusal to cut fuel tax as prices soar -Sanjay Dutta
-The Times of India NEW DELHI: At a time when fuel prices are shooting through the roof due to increasing global oil prices, the Congress on Thursday put the government on the mat for not providing relief by passing on the benefit of money it has mopped up by raising excise duty on petrol and diesel. Raising the issue of increasing pump prices in Parliament, the leader of the Congress in the...
More »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...
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