GST and its negatives

Daily News GS III Mains

Why in news? In about a month, India’s new indirect tax system will be rolled out which has been described as the biggest reform in indirect taxes. The origins of the GST go back almost two …

May 24, 2017 0 94

Proposed Structure of GST

Daily News GS III Mains

Why in news? The new rates of GST are not inflationary. The Council should fix lower rates for textiles and stiff rates for gold when it meets next. What is the background of the issue? The …

May 23, 2017 0 192

GST Tax Slabs

Daily News GS III Mains

Why in news? On May 19th, two day meeting on GST concluded, the GST Council decided to tax services under four slabs of 5%, 12%, 18% and 28%. What are the highlights of the decisions made by the co…

May 20, 2017 0 284

NITI Aayog’s Three Year Action Agenda

Daily News GS II GS III Mains

Why in news? The draft “Three Year Action Agenda” of the NITI Aayog has been circulated recently to its governing council. What is the Agenda about? After dismantling Planning Commiss…

May 20, 2017 0 227

Jobless Growth

Daily News GS III Mains

What is the issue? Chief Economic Adviser Arvind Subramaniam recently pointed to the need to achieve higher economic growth, in the range of 8% to 10%, to solve the problem of jobless growth. What d…

May 19, 2017 0 270

Surge in Gold Import

Daily News GS III Mains

What is the issue? India’s gold imports witnessed a huge jump in April, increasing threefold to $3.85 billion from $1.23 billion in April 2016. Why it is significant? The jump in gold dema…

May 18, 2017 0 199

Changes in IIP - Part II

Daily News GS III Prelims and Mains

Click here for Changes in IIP - Part I Why in news? Revisions have been made to the base year for the Index of Industrial Production and the Wholesale Price Index with accompanying changes to weight…

May 17, 2017 0 386

Gender Discrimination in Indian Economy

Daily News GS I GS III Mains

What is the issue? Despite many competitive reforms that India has undertaken, gender-based segmentation has increased over the years. Why women empowerment is important? The central driver of ec…

May 17, 2017 0 262

Impacts of GST on MSMEs

Daily News GS III Mains

Why in news? It is found that a simplified tax structure and unified market will improve operational efficiencies, especially of MSMEs with a wider reach. India’s paradigm shift to the Goods…

May 17, 2017 0 293

Dealing with the bad loans

Daily News GS III Mains

What is the issue? Deciding on recovery of the default loans is being a tedious task for RBI. The decisions that are required when dealing with a bad loan require energy and profit-motivated think…

May 15, 2017 0 271