Addressing the Tata Literature Live here today, Rosling said role of government should be a facilitator, provide necessary infrastructure and make doing businesses much easier so that entrepreneurship flourishes.
The Central Board of Excise and Customs (CBEC) last month said that businesses with turnover up to Rs 1.5 crore are exempt from deducting Goods and Services Tax (GST) on advance payment for supply of goods.
Now exporters of services who paid IGST and those making zero rated supplies to SEZ units as well as those merchant exporters who want to claim refunds for input credit can approach their jurisdictional commissioner with their refund form.
"Opening of exports of all types of pulses will help the farmers dispose of their products at remunerative prices and encourage them to expand the area of sowing," IT and Law Minister Ravi Shankar Prasad said, who briefed the media after the Cabinet meet chaired by Prime Minister Narendra Modi here.
The Australian Bureau of Statistics said on Tuesday 61.6 percent of voters cast their ballots in support of same-sex marriage. A total of 38.4 percent were opposed.
Recent reports suggested that the finance ministry had demanded a dividend payout between 30 per cent and 100 per cent from 12 of the state-owned firms from their 2016-17 or 2017-18 net profit, share buybacks or bonus shares.
"I think they (both the parties) have set certain timelines. They are moving on those timelines. We have asked them to expedite it (the proposed joint venture)," Steel Joint Secretary Sunil Barthwal said here.
The Central Board of Excise and Customs (CBEC) in a notification said that it seeks "to (i) increase rate of basic customs duty on Peas, (Pisum sativum) from present Nil rate to 50%. (ii) increase rate of basic customs duty on wheat from 10% to 20%."
Presently, businesses have to file returns in GSTR-1, GSTR-2 and GSTR-3 forms for every month. These forms detail outward supplies of taxable goods and/or services, inward supplies for claiming input tax credit and monthly return.
The funding will be provided to around 100 food processing projects with an average ticket size of Rs 10 crore each, the bank said in a statement.
"At present people don't get to know quality of gold jewellery that they buy. We are planning to make hallmark for gold jewellery mandatory. It should be done by January," Paswan told reporters at an event organised by Bureau of Indian Standards (BIS).
The Cabinet has approved DCI disinvestment, official sources said after the Cabinet meeting, chaired by Prime Minister Narendra Modi.
The decision was taken at the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, said an official release.
India yesterday jumped 30 places to rank 100th in the World Bank's 'ease of doing business' ranking, helped by a slew of reforms in taxation, licensing, investor protection and bankruptcy resolution.
The decision was taken by the Union Cabinet chaired by Prime Minister Narendra Modi here.
"Stock limit on dealers of sugar extended up to December 31, 2017 to ensure smooth supply of sugar in market at reasonable prices," the Department of Food said in a tweet.
A senior official said the Central Board of Direct Taxes (CBDT) took the decision to extend the deadline by a week, considering the "representations made by various stakeholders".
"By 2020, we must aim at a minimum doubling of telecom footprint if we really want to have the kind of growth that we have," Sundararajan said in her speech at a Ficci event.
"The government's announcement of the Rs 2.11 lakh crore recapitalisation plan for public sector banks (PSBs) comes as a concrete and timely move...and is a credit positive step," Care Ratings said in a statement.
The government yesterday announced a capital infusion of Rs 2.11 lakh crore in state-run banks over a period of two years, which includes recapitalisation bonds, budgetary support and equity dilution.
According to the global financial services major, the banking sector recapitalisation is aimed at significantly reducing the drag on PSU banks on credit growth and will also boost investment and GDP growth.
The government has initiated a series of measures, including allowing re-verification at subscribers' doorstep and One Time Password (OTP) based authentication of existing users, to make the entire exercise easier for telecom subscribers.
Of this, Rs 14,042 crore is on account of Central GST, while State GST is to the tune of Rs 21,172 crore.
The development comes barely few months after Union Minister Nitin Gadkari told PTI that the government will soon launch the Bharatmala project to build over 20,000 km of highways in the first phase.
"To facilitate taxpayers, late fee on filing of GSTR-3B for August and September has been has been waived," Finance Minister Arun Jaitley tweeted.