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| Goods and services tax - a letdown? | 11-NOV-09 |
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| The release of the much awaited Goods and Services Tax (GST) discussion paper by the Empowered Committee of State Finance Ministers is a welcome step forward in the reform of the indirect tax regime in India. However, the paper falls far short of expectations. The GST design the State Finance Ministers (SFCSs) have opted for is a compromise, which could prove to be neither good economics nor good politics. |
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| Go with the flow | 11-NOV-09 |
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| Markets: Love, they say, is fickle. The investor passion for easy money may yet fade. But this affair could run for a while. |
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| Enough food buffer, also ready to import: Pranab | 10-NOV-09 |
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| Finance minister Pranab Mukherjee said that despite the shortfall in agriculture production, India has adequate buffer stocks of rice and wheat and the government will import what is needed to maintain demand and supply. |
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| State finance ministers meet to discuss RNR | 10-NOV-09 |
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| The discussions would centre on the revenue neutral rate (RNR) for different states. A discussion paper and FAQ (frequently asked questions) on GST is likely to be released during the meeting, official sources said here. |
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| G-20 FMs agree to maintain fiscal support | 08-NOV-09 |
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| The G-20 Finance Ministers have pledged to maintain the stimulus packages until the global economy is fully back on track and committed to work out an "ambitious outcome" at the UN climate change summit next month. |
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| G-20 launches framework to promote global economy | 08-NOV-09 |
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| The finance ministers of G-20 nations have agreed on a timetable for the new framework for balanced and sustainable growth of the global economy, but made a little progress on financing efforts to reduce global warming. |
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| Centre's policy is to strengthen PSUs: Pranab | 11-OCT-09 |
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| Describing reports that government was trying to privatise the public sector as a “malicious propaganda”, Union Finance Minister Pranab Mukherjee today said the Centre’s policy was to strengthen PSUs and not weaken them. |
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| 'The aam aadmi has to benefit from our policy' | 10-OCT-09 |
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| Union finance minister PRANAB MUKHERJEE says developing countries must have more say in decision-making at global economic fora and the priority at home is to ensure high economic growth, with equity. |
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| Striking government | 08-OCT-09 |
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| It wasn’t just ordinary passengers who suffered the brunt of the recent Air India strike. West Bengal Finance Minister Asim Dasgupta came to Delhi to attend a meeting on Goods and Service Tax (GST) with finance ministry officials. After which, he met Finance Minister Pranab Mukherjee. While Mukherjee’s office had kept an hour for the meeting, Dasgupta was in a hurry and spent just half the time since, with the Air India flight cancelled, he had no option but to leave on the earlier flight of a private airline. |
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| The pound without a G-string | 08-OCT-09 |
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| Nearly eight decades after the pound went off the Gold Standard, has the time come for Britain to consider whether it needs the pound at all? Britain’s euro-sceptics have congratulated themselves ever since they rejected then Prime Minister Tony Blair’s abortive attempt to get the pound replaced by the euro, a move that the then chancellor of the exchequer and present Prime Minister, Gordon Brown, had opposed. |
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| States to meet FM tomorrow on GST | 07-OCT-09 |
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| With the deadline for introducing the Goods and Services Tax (GST) drawing closer, state finance ministers will meet Union finance minister Pranab Mukherjee here tomorrow to sort out various differences in this regard. |
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| Continue stimulus as global recovery seems long-drawn: FM | 06-OCT-09 |
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| India today asked the global community to continue with the stimulus packages as economic recovery is likely to be a long-haul and called for reforms in the IMF and the World Bank to give a bigger role to emerging economies in economic policy making. |
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| G-7 finance ministers face dollar concerns | 03-OCT-09 |
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| Finance ministers from the Group of Seven rich countries face concerns over the future of the US dollar as they meet today in a forum whose role is increasingly in question. |
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| Amravati faces the mother of all battles | 03-OCT-09 |
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| President Pratibha Patil’s son is fighting on a Congress ticket against the powerful two-term sitting MLA and Maharashtra finance minister Sunil Deshmukh, who has quit the party to contest as an independent. |
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