Page 18 - Modi Administration News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Traders' body CAIT on Sunday said it would launch a nation-wide agitation against issues related to the goods and services tax and alleged malpractices of foreign e-commerce firms. The day-long 'Bharat Vyapar Bandh', called by the Confederation of All India Traders (CAIT) on February 26, had evoked a lukewarm response. "The campaign will begin from March 5 and continue till April 5 against the GST amendments and malpractices of foreign e-commerce companies," CAIT said. The trader's body said both these issues are directly related to the eight crore traders of the country and till the logi...

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The Bihar government on Monday presented a Rs 2.18 lakh crore budget for 2021-22 fiscal in the Assembly, with no new tax and a thrust on infrastructure and social sectors. Presenting the revenue-surplus budget in the House, Deputy Chief Minister Tarkishore Prasad, who holds the finance portfolio, proposed to introduce a separate department for skill development and entrepreneurship. "We have presented a budget of Rs 2,18,302.70 crore for 2021-22, which is Rs 6,541.21 crore more than the total estimates for the current fiscal. The revenue surplus is estimated at Rs 9,195.90 crore," he said....

Finance Minister Nirmala Sitharaman on Sunday said the Union Budget 2021-22 is about the role of government as a facilitator and the private sector as a key driver of economic growth, without which the country would be losing a big opportunity. "The most important component or input required here is the participation of the private sector. Unless the private sector is energised enough, unless it is facilitated enough, India is just losing a very big opportunity," Sitharaman said here during the interactive session organised by the Bangalore Chamber of Industry and Commerce. Sitharaman unde...

Read more about Registration of taxpayers to be suspended for anomalies in GST sales return on Business Standard. The registration would be suspended in cases where a comparison of the returns furnished by a registered person with the details of outward supplies furnished in form GSTR-1