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The government brought in 40 amendments to the Finance Bill 2017, some of which are contentious with opposition, constitutional experts branding them as not a 'open and shut' case to be part of a 'Money Bill'. Now Money Bills, according to the constitution, need not be passed or amended by the Rajya Sabha, where the BJP is in minority. So were the reforms in contravention to the basic spirit of the Constitution? Did the BJP brought in 'allied reforms' in the Finance Bill and not as a separate Bill to evade the Rajya Sabha? Are the poll reforms, vesting more powers on Income Tax officers, making Aadhaar mandatory for filing I-T returns and making sweeping changes to Appellate Tribunals a subversion of constitution? The government, in its defence, is falling back to previous UPA and NDA regimes where poll reforms were tagged along the Finance Bill. The other controversial justification, which the spin doctors of the government are providing is that the Upper House of the Parliament cannot block 'people's wishes' as was evident through BJP's victories in a number of elections post 2014.
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Three members of a family, including a one-year-old child, were killed in a tragic road accident on GST Road near Singaperumal Koil in Chennai on Tuesday.
The beginning of a new financial year on April 1 brings a series of changes that will impact taxpayers, salaried individuals, and consumers across India.
From changes in the tax slabs to the UPI to the launch of the Unified Pension Scheme, here's a complete list of the changes that you can expect.
An egg seller and a juice vendor in Madhya Pradesh and Uttar Pradesh were in for a huge shock when they received notices for dues worth crores from the Income Tax (I-T) department.
Amid a nationwide debate on work-life balance, the wife of a GST official, who jumped to death from his Noida flat yesterday, has said he was under work pressure and that he was a "victim of the system"
दूसरी आज़ादी लाई GST - पहले परांठा, अब आटा, हीरे पर कम, स्याही पर ज़्यादा...Ravish Kumar
Tuesday July 19, 2022मोहम्मद ज़ुबैर का केस कानून की प्रक्रिया को लेकर एक गंभीर बहस का मुद्दा बन गया है. महंगाई से लेकर मुकदमे का एक ही हाल है.अब तो चीफ जस्टिस भी कह रहे हैं कि जल्दबाज़ी में गिरफ्तारी होने लगी है.
Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its WayAndy Mukherjee | Bloomberg
Thursday July 07, 2022Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
Opinion: In GST Row, Centre Throws Nationalism Argument At StatesPraveen Chakravarty
Monday August 31, 2020Rules by bureaucrats, legalese by lawyers and analysis by economists are cold, futile methods to resolve this crisis when the need of the distressed hour is a warm, empathetic hand of the political leadership.
Blogs: सरकार ने दी कॉरपोरेट टैक्स में राहत, क्या आम आदमी को होगा फायदा?Ravish Kumar
Saturday September 21, 2019अगले शुक्रवार का इंतज़ार कीजिए क्या पता आम लोगों का भी टैक्स से राहत मिल जाए, या क्या पता पुरानी पेंशन व्यवस्था ही बहाल हो जाए. वित्त मंत्री जिस तरह शुक्रवार को अपना नया बजट पेश कर रही हैं, राहतों का एलान कर रही हैं, उसमें कुछ भी उम्मीद की जा सकती है. आखिर कारपोरेट ने कब सोचा होगा कि सरकार उसे एक दिन 1 लाख 45 हज़ार का घाटा उठाकर करों में छूट देगी. इस फैसले को ऐतिहासिक और साहसिक बताया गया है.
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