ECONOMY | Eating out could get cheaper with 12 % reduction in GST

ECONOMY | Eating out could get cheaper with 12 % reduction in GST

NEW DELHI, October 18, 2017: Eating out is expected to get less taxing, with the GST Council likely to back a reduction in the levy on restaurants from 18% to 12% and withdrawal of the input tax credit facility available to eateries. The proposed change in the tax rate, discussed by a specially constituted group of state […]

Northeast India’s dream of Affordable Air Connectivity may never take flight due to GST

Northeast India’s dream of Affordable Air Connectivity may never take flight due to GST

October 14, 2017: The implementation of Goods and Service Tax (GST) Act has greatly affected the growth of aviation sector. Aviation sector is one of the growing sectors in India in the last decades and the Indian Aviation sector is ranked among the top ten market in the world. And it seems there is no reason […]

Demand of Northeast India for separate time-zone can be compromised by change in time-zone

Demand of Northeast India for separate time-zone can be compromised by change in time-zone

-By Subhash Chandra Agrawal October 14, 2017: People and Politicians from north-east India have from time to time raised demand for a separate time-zone for north-east, with a big time-difference of 127 minutes between extreme east and west zones of the country. But any system of dual time-zones may cause unwanted confusion in a country […]

ECONOMY | Revitalizing the spirit of cooperative federalism in finding solutions to economic woes

ECONOMY | Revitalizing the spirit of cooperative federalism in finding solutions to economic woes

-By Subash Deb Since the BJP-led NDA government came to power at the centre, it has left no stone un turned in leveraging the potential of competitive cooperative federalism in its pursuit towards achieving inclusive development. NITI Aayog, which replaced the 64-year-old planning commission, has come across as the fine template for competitive cooperative federalism. […]

7th Pay Commission to benefit teachers of central, state universities

7th Pay Commission to benefit teachers of central, state universities

Good times again for teachers of central and state universities. The Union Cabinet cleared revised pay scales for nearly eight lakh teachers and academic staff of higher educational institutions following the implementation of the Seventh Pay Commission. In a statement after the meeting it was said, “In addition, the revised pay package will cover teachers […]

Petrol pump dealers call of Oct 13 strike; big sigh of relief for consumers

Petrol pump dealers call of Oct 13 strike; big sigh of relief for consumers

October 11, 2017: In a relief to consumers, petrol pump dealers have called off their October 13 strike, news agency ANI has confirmed. Earlier, United Petroleum Front (UPF) had announced nationwide strike of dealers on October 13 to press for various demands including better margins and inclusion of petroleum products in the Goods and Services […]

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