Situation in Kashmir sliding into total chaos courtesy Modi Go...

Both Prime Minister Narendra Modi and Finance Minister Arun Jaitley were eager to get the GST Bill passed as according to an estimate, Indian economy will gain $15 billion a year if the GST is implemented. Goods and Services Tax, which got passed in the Rajya Sabha on Wednesday, is expected to unify the nation and make it an attractive destination for foreign investments. The tax, however, still faces many challenges and one that stands out is with the issue of administrative control over ...

New Delhi: Prime Minister Narendra Modi this week won India's biggest economic reform in decades. Now economists are trying to calculate the cost. After the landmark national sales tax is written into the constitution, the government and lawmakers ...

Going by the number of changes Mr Jaitley’s next Budget is likely to see, he will go down in the history of Budget-making as the finance minister who ushered in the largest number of changes in a single Budget, says A K Bhattacharya. The annual Budget-making exercise from this year will be different in many ways. This is going to be unusual. Only a few finance ministers have had the chance of making fundamental changes in the way Union Budgets are presented. Finance Minister Arun Jaitley ...

GST will make it easier for governments to spend more, says T C A Srinivasa Raghavan. Image: A labourer pushes a handcart loaded with sacks containing tea packets, towards a supply truck at a wholesale market in Kolkata; Photograph: Rupak De Chowdhuri/Reuters The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing. Thus spake the French Finance Minister Jean-Baptiste Colbert in the 17th ...

India's Upper house of parliament on Wednesday approved the creation of a national sales tax a decade after the move was first proposed, the biggest legislative victory for Prime Minister Narendra Modi since he took office in 2014. The ...

Director Steven Spielberg has said he can see parallels between his own childhood and the story of his latest film 'The BFG'. The filmmaker has helmed the new film based on Roald Dahl's popular novel, and has revealed he can strongly relate to ...