-ThePrint.in In 'The Working of the Indian Constitution', T.M. Thomas Isaac examines the functioning of GST to assess if its high expectations have been realised. The Goods and Service Tax (GST) Council has been hailed as a model federal institution, where both states and the centre are represented, and consensus is arrived through a detailed deliberative process. Until the 38th GST Council meeting in December 2019, there had not been a single...
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Centre, RBI bid to curb inflation
-The Telegraph Food prices, which account for nearly half of the consumer price index basket, softened last month The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast retail inflation at a five-month low in July at 6.78 per cent. But it is still above the RBI’s upper threshold...
More »Central excise duty on petrol and diesel cut, says FM Nirmala Sitharaman -Vikas Dhoot
-The Hindu The measures included a ₹8 reduction in central excise duty per litre of petrol and a ₹6 cut in the duty on diesel. Finance Minister Nirmala Sitharaman unveiled a slew of measures to rein in runaway inflation on Saturday evening, including duty cuts on petroleum products, a ₹200 subsidy on LPG cylinders for the poor and a rejig of import duties on plastic and steel products. A reduction in central excise...
More »Petrol/Diesel Prices: Who is Responsible for Back-breaking Hikes? -Subodh Varma
-Newsclick.in The central government has raked in over Rs18 lakh crore from excise duties compared to Rs14 lakh crore from taxes by all state governments over the past eight years. Yet again, the government has tried to obfuscate the exorbitant petrol/diesel prices by blaming state governments. This time, it was the Prime Minister himself who blamed some Opposition-ruled states for not reducing taxes like the Value Added Tax (VAT) after the central...
More »Not worthy of discussion: Arunachal MLAs on menstrual leave
-The Hindu Women on period not allowed to have meals with men, legislators say citing custom Guwahati: A proposed Bill on granting a day’s leave to school and college-going girls and women in jobs was not found worthy of discussion in the Arunachal Pradesh Assembly. Congress MLA Ninong Ering had on March 11 brought a private member’s resolution seeking the introduction of a bill granting menstrual leave “as it is very disturbing for...
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