Plan and Policy

Plan & Policy

Dropping sales and morale, GST-note ban devastates market

Even as the politics over demonetisation continues a year since its surprise announcement on November 8 last year, traders are yet to recover from the double whammy as the government burdened them with a half-prepared GST in quick succession.

Bin Laden followed Kashmir developments, Headley trial

Osama bin Laden closely followed developments in Kashmir and the trial of Pakistani-American terrorist David Coleman Headley in the 2008 Mumbai attack case, according to documents seized from a Pakistani compound where the al-Qaeda founder was killed in a US raid in 2011. The CIA on Wednesday released a vast archive of intimate Al-Qaeda documents, including Bin-Laden’s handwritten diary, seized in the deadly 2011 raid.

All unwelcome physical contact not sexual harassment: HC

All unwelcome physical contact cannot be called sexual harassment unless it is in the nature of a sexually oriented behaviour, the Delhi High Court has said.

Justice Vibhu Bakhru, who made the observation, also said that even an accidental physical contact, though unwelcome, would not amount to sexual harassment.

"Similarly, a physical contact which has no undertone of a sexual nature and is not occasioned by the gender of the complainant may not necessarily amount to sexual harassment," the court said.

India repatriates 14 Pak nationals; Pak issues visas to over 2,600 Sikhs

India today repatriated to Pakistan nine fishermen and four civilian prisoners along with a child, the external affairs ministry said.

On its part, Pakistan issued visas to over 2,600 Sikh pilgrims to attend the birth anniversary celebrations of Guru Nanak Dev from today till November 11, a Pakistan High Commission release said here.

All the prisoners crossed over to Pakistan through the land transit route of Attari-Wagah border on the basis of emergency travel certificates issued by the Pakistan High Commission, officials said.

Reskilling brought new vigour, bullishness to industry: Nasscom

Indian tech players have been proactively responding to customer demands for reskilling and non-linear approach of growth, and Nasscom is happy to see the industry getting ready for the next wave of growth, said the apex body chairman Raman Roy.

It is clear that reskilling, productivity enhancement, automation, newer products, platform and digital solutions are going to be the future drivers of the industry, and not people scale up, said Raman in an exclusive conversation with Financial Chronicle on Wednesday.

Centre seeks expert advice on simplifying tedious GST

Facing the wrath of small traders and businesses, the government has decided to form an advisory group comprising top industry captains to suggest changes in the goods and services tax (GST) structure to make it more taxpayer-friendly.

Industry chambers CII, FICCI and Assocham would be asked to give their nominations for the proposed advisory group. It will also take on board Gautam Ray, former director general (audit) at the Central Board of Excise and Customs (CBEC), and include other legal and tax experts.

SC seeks details of 1,581 cases against MPs, MLAs

The Supreme Court on Wednesday favoured creation of special courts to exclusively deal with criminal cases involving politicians and their speedy disposal, saying such a move would be in the “interest of the nation”. The SC was hearing petitions seeking to declare the provisions of the Representation of People (RP) Act, which bar convicted politician from contesting elections for six years after serving jail term, as ultra vires to the Constitution.

GSTN launches offline utility for GSTR-2

GST Network, which developed the technology backbone for new indirect tax regime, today said it has launched an offline tool for filing purchase returns GSTR-2.

The tool would allow taxpayers to export data of GSTR-2 to excel. This will be helpful in comparing this data with purchase register to take actions like accept, reject and modify, GSTN said in a statement.