From GST roll-out to easing daily ATM withdrawal limit: 5 key developments

In other news, Akhilesh Yadav rides away with SP's bicycle

Business Standard brings to you a list of five key developments across the country.

Stage set for GST roll-out on July 1

The Goods and Services Tax (GST) Council on Monday broke a deadlock over issues of administrative control over assessees and broadly agreed to roll-out the GST from July 1, instead of the earlier deadline of April 1. Whether a state or the Centre will assess an entity would be decided by a computer programme. The Council also resolved the logjam over the right to tax economic activities within 12 nautical miles from India’s coasts.