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Punjab Finance Minister Manpreet Singh Badal asked the Centre to announce a farm debt waiver for the entire country BUDGET NEWS :  On the pre-budget consultations of Finance Minister Arun Jaitley with country finance ministers on Thursday, ministers representing state governments run by way of Congress, Left events and regional events flagged the revenue drop faced via states after the goods and services tax (GST) roll out and flagged agrarian misery. Bihar Deputy leader Minister Sushil Modi, who represented the Janata Dal (United)-Bharaitya Janata birthday party (BJP) coalition government in his kingdom, demanded more vital help for key schemes and revise wages for unskilled employees below the Mahatma Gandhi national Rural Employment guarantee Act (MGNREGA). He cautioned the Centre strengthen the economic yr to start from January 1, and growth income tax exemption restrict from Rs 250,000 to Rs 300,000. Punjab Finance Minister Manpreet Singh Badal asked the Centr...

Latest news :  Foodgrains will cost less from July 1 when the nation-wide Goods and Service Tax (GST) is rolled out as the GST Council today decided to exempt the daily-use commodities from the levy. Here's a complete list of the rates of all 1,211 items but six were finalised at the first day of the two-day meeting in Srinagar of the GST Council, headed by Union Finance Minister Arun Jaitley and comprising state representatives. Also, here's a complete list of all the items that the GST Council has broadly approved as the rates of GST Compensation Cess to be levied on certain goods. Also read this: Accenture's $1.8-bn acquisition plan to act as lesson for IT firms in India

Foodgrains are slated to cost less from July 1 Foodgrains will cost less from July 1 when the nation-wide Goods and Service Tax (GST) is rolled out as the GST Council today decided to exempt the daily-use commodities from the levy. Here's a complete list of the rates of all 1,211 items but six were finalised at the first day of the two-day meeting in Srinagar of the GST Council, headed by Union Finance Minister Arun Jaitley and comprising state representatives. Read this: Indian woman forced to marry Pakistani to be deported Also, here's a complete list of all the items that the GST Council has broadly approved as the rates of GST Compensation Cess to be levied on certain goods. (READ MORE)