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जीएसटी को संसद की मंजूरी

जीएसटी को संसद की मंजूरी

TOP STORIES, आर्थिक
संसद ने देश में ऐतिहासिक कर सुधार व्यवस्था जीएसटीÓ को लागू करने का मार्ग प्रशस्त करते हुए वस्तु एवं सेवा कर से जुड़े चार विधेयकों को मंजूरी दे दी। साथ ही सरकार ने आश्वस्त किया कि नयी कर प्रणाली में उपभोक्ताओं और राज्यों के हितों को पूरी तरह से सुरक्षित रखा जाएगा तथा कृषि पर कर नहीं लगाया जाएगा। राज्यसभा ने केंद्रीय माल एवं सेवा कर विधेयक 2017 (सी जीएसटी विधेयक), एकीकृत माल एवं सेवा कर विधेयक 2017 (आई जीएसटी विधेयक), संघ राज्य क्षेत्र माल एवं सेवाकर विधेयक 2017 (यूटी जीएसटी विधेयक) और माल एवं सेवाकर (राज्यों को प्रतिकर) विधेयक 2017 को सम्मिलित चर्चा के बाद लोकसभा को ध्वनिमत से लौटा दिया। इन विधेयकों पर लाये गये विपक्ष के संशोधनों को उच्च सदन ने खारिज कर दिया। धन विधेयक होने के कारण इन चारों विधेयकों पर राज्यसभा में केवल चर्चा करने का अधिकार था। लोकसभा 29 मार्च को इन विधेयकों को मंजूरी दे च...
बजट और मेरा मत

बजट और मेरा मत

आर्थिक
माननीय अध्यक्ष महोदया, मैं, हमारे वित्त मंत्री श्री अरुण जेटली के द्वारा वर्ष 2017 और 2018 के लिए प्रस्तुत किए गए केन्द्रीय बजट का पूर्ण रूपेण समर्थन करता हूँ, यह बजट जिसका लक्ष्य किसानों, श्रमिकों, गरीबों, अनुसूचित जातियों और जनजातियों, महिलाओं और समाज के अन्य दबे कुचले वर्गों का कल्याण करना है, वाकई ही सरकार द्वारा बेहद ही स्वागतयोग्य कदम है। बजट में दिए गए प्रस्ताव निस्संदेह ही निर्धनता उन्मूलन की दिशा में और देश को विकास के पथ पर ले जाने के लिए एक अच्छा कदम साबित होंगे। और हमारे युवाओं को शक्ति प्रदान करने के प्रति सरकार ने जो कदम उठाए हैं उससे उन्हें विकास और रोजग़ार के लाभों का दोहन करने में सहायता मिलेगी। जैसा माननीय विîा मंत्री जी का कथन भी है कि बड़ी राशि वाले बैंक नोटों का विमुद्रीकरण एक बहुत ही साहसिक और निर्णयाक फैसला रहा है। ये सभी कठोर उपाय हमारे देश से भ्रष्टाचार, काला धन, ज...
CIC Bimal Julka recommends for RTI stamps: Recommendations by other CICs not implemented: CICs should jointly take up the matter with DoPT

CIC Bimal Julka recommends for RTI stamps: Recommendations by other CICs not implemented: CICs should jointly take up the matter with DoPT

आर्थिक
CIC-verdict dated 05.05.2017 in petition-number CIC/KY/C/2016/000286-BJ by Central Information Commissioner Bimal Julka has again recommended issue of RTI-stamps or numbered RTI-coupons as mode for payment of RTI-fees. Earlier a full-bench CIC-order by a bench consisting of commissioners Satyananda Mishra, ML Sharma and Basant Seth had for the first time made recommendations in this regard. Subsequently several other Commissioners including like Professor Madabhushnam Sridhar Acharyulu also made similar recommendations in their respective verdicts. Even Joint Secretary at CIC on directions of present Chief Information Commissioner Radha Krishna Mathur wrote to DoPT in this regard. But red-tapism made DoPT and Postal Department rejecting the recommendations. It is non-sensible for p...
Logical comment of NITI Aayog member to tax agricultural income and abolish personal exemptions

Logical comment of NITI Aayog member to tax agricultural income and abolish personal exemptions

आर्थिक
It refers to logical comments of NITI Aayog member Bibek Debroy to tax agricultural income, and to abolish Income Tax exemptions of personal nature. Bitter reality is that benefit of total exemption on agricultural income is not for ordinary farmers, most of which do not even have income above the basic exemption-limit. Total tax-exemption on agricultural income is being largely misused by ultra super-rich section of society who own big luxurious farm-houses or purchase agricultural land just to whiten their black money shown as now-exempted agricultural income.   Likewise present too many tax-exemptions should be reduced to bare minimum which can be retained for encouraging savings and insurance, providing better education, or investing for residential accommodations for those ...
RBI governor rightly advocates for merger of public-sector banks

RBI governor rightly advocates for merger of public-sector banks

आर्थिक
  It refers to Governor of Reserve Bank of India –RBI- Urjit Patel rightly raising question-mark on too many public-sector banks. Unfortunately India still lacks quick and swift decisions on matters of larger public-interest. Even merger of associate-banks of State Bank of India into State Bank of India was done years after the move was initially proposed. Union Finance Ministry should take a swift decision to merge presently existing too many public-sector banks into some limited number so as to save a lot on overheads and provide economical and faster fund-transfers rather than requiring costlier and time-consuming clearing-operations. Smaller public-sector banks can be merged into some big public-sector banks in a manner that head office of each of such bank may be in metro-cities of...
GST may make small cars dearer while big cars cheaper: GST should be rational and imposed according to value of cars

GST may make small cars dearer while big cars cheaper: GST should be rational and imposed according to value of cars

addtop, आर्थिक
Goods and Service Tax-GST after being implemented may make smaller cars with engine-capacity upto 1500 cc a bit dearer because of being coming under slab of 28-percent GST because presently these attract a total of 27.5-percent tax with excise-duty at 12.5-percent added by 15-percent VAT. However big cars with engine-capacity above 1500 cc may be bit cheaper from existing tax of 44.5-percent likely to be reduced to 43-percent inclusive of 15-percent cess over 28-percent GST.   Whole fixation of GST-rates is totally irrational at 5, 12, 18 and 28 percent with a provision of levy of cess on top of the peak tax rate on demerit and luxury goods like pan masala, tobacco and certain class of automobiles is totally irrational. GST rates should have been rational in multiples of 5 perce...
GST may make small cars dearer while big cars cheaper: GST should be rational and imposed according to value of cars

GST may make small cars dearer while big cars cheaper: GST should be rational and imposed according to value of cars

addtop, आर्थिक
  Goods and Service Tax-GST after being implemented may make smaller cars with engine-capacity upto 1500 cc a bit dearer because of being coming under slab of 28-percent GST because presently these attract a total of 27.5-percent tax with excise-duty at 12.5-percent added by 15-percent VAT. However big cars with engine-capacity above 1500 cc may be bit cheaper from existing tax of 44.5-percent likely to be reduced to 43-percent inclusive of 15-percent cess over 28-percent GST.   Whole fixation of GST-rates is totally irrational at 5, 12, 18 and 28 percent with a provision of levy of cess on top of the peak tax rate on demerit and luxury goods like pan masala, tobacco and certain class of automobiles is totally irrational. GST rates should have been rational in multiples ...
Logical comment of NITI Aayog member to tax agricultural income and abolish personal exemptions

Logical comment of NITI Aayog member to tax agricultural income and abolish personal exemptions

आर्थिक
    It refers to logical comments of NITI Aayog member Bibek Debroy to tax agricultural income, and to abolish Income Tax exemptions of personal nature. Bitter reality is that benefit of total exemption on agricultural income is not for ordinary farmers, most of which do not even have income above the basic exemption-limit. Total tax-exemption on agricultural income is being largely misused by ultra super-rich section of society who own big luxurious farm-houses or purchase agricultural land just to whiten their black money shown as now-exempted agricultural income.   Likewise present too many tax-exemptions should be reduced to bare minimum which can be retained for encouraging savings and insurance, providing better education, or investing for residential accommodations ...
Indian Economy

Indian Economy

आर्थिक
Raoul Pal is the man who correctly called the crash in oil prices in 2014.. ...As well as the strong Dollar... ...And the fall in emerging markets... ...And the fall in junk bonds...   He's the man who wrote ‘The End Game’ which is the most widely read financial article in the history of the interne I’m going to blow your mind with this following article. My mind is still reeling from my discovery and from writing this piece. Let me enlighten you... Companies that create massively outsized technological breakthroughs tend to capture the investing population’s attention and thus their share prices trade at huge multiples, as future growth and future revenues are extrapolated into the future. From time to time, entire countries re-model their economies and shi...
Contrast ways of India’s largest public-sector bank State Bank of India

Contrast ways of India’s largest public-sector bank State Bank of India

आर्थिक
State Bank of India has collaborated with SBI-cards for issue of SBI-cards to all account-holders of SBI having minimum balance of rupees 20000-25000, without going into credit-history of account-holder. On the other hand, SBI has from 01.04.2017 has decided to levy minimum-balance charge requiring minimum balance of rupees 5000 in savings-accounts in metro-cities. Liberal issue of credit-cards will be misused by fraud-minded persons. Already account-holders have facility of debit-cards to all account-holders. Rather SBI should take lead in abolishing transaction-charges on use of credit and debit cards. Processing charges on issue of credit and debit cards should also be abolished. Presently sellers charge transaction-charge of 2-percenbt from customers on purchases made through credit...