Aanchal Magazine

Responding to these claims, Yogendra Yadav told The Indian Express: “Whatever was found during the raid is for the hospital authorities to explain. I raised my voice because they are being punished for my actions.”

EPFO manages social security funds of workers in the organised/semi-organised sector in the country. EPF is applicable to establishments with more than 20 workers.

The government is looking at various data sources and has started releasing enrolment data for Employees Provident Fund Organisation (EPFO) as an indicator. As per latest data, 41.26 lakh enrollments were recorded in the EPFO database for Sept 2017-April 2018.

He said natural gas and ATF are “two easier candidates for inclusion” under GST, but the timing will have to be determined by the GST Council. Edited excerpts:

Though the members’ data above are linked to Aadhaar, the estimates may include temporary employees whose contributions may not be continuous for the entire year, the EPFO had earlier said in its footnote for the data.

The initially proposed features of GST — reverse charge mechanism, where the tax liability lies on the buyer in case of unregistered seller and tax deduction at source/tax collected at source are in limbo but may come into force in the second year of GST.

With Trump administration increasing import duties and initiating trade war with various countries including India, the Indian government on Wednesday slapped higher duties on a number of items.

India has hiked duty on 29 kinds of goods imported from the US, following a similar move by the US on what it imports. What are these goods, and how much extra duty has India targeted with its move?

Vanaja N Sarna said that her team did its best to manage the transition after the GST rollout.

At present, the Central GST (CGST) Act defines RCM as the provision where the registered recipient of goods and/or services is liable to pay GST instead of the unregistered supplier.

GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years.

“We are getting a very positive response so far from the scheme with addition of 5.5 lakh workers under the PMRPY scheme in a month. At this rate, for the whole year, we are likely to add 66 lakh workers,” a senior labour ministry official said. 

The amount sanctioned so far is almost 18 per cent of the total Rs 14,000 crore of pending refunds estimated by the government.

According to the department’s announcement, the ‘Income Tax Informants Reward Scheme’ too has been amended, under which a person can get reward up to Rs 50 lakh for giving specific information about substantial evasion of tax on income or assets in India, which are actionable under the Income-tax Act, 1961.

The country had recorded GDP growth of 7.1 per cent in the previous financial year (2016-17). Growth is projected to rebound to 7.5 per cent this year.

While government officials estimated the pending amount of refunds to be about Rs 9,000-10,000 crore, industry body Federation of Indian Export Organisations (FIEO) has pegged the amount to be a much higher Rs 20,000 crore.

The contribution of taxes and duties on crude and petroleum products for states rose 18.1 per cent to Rs 1.89 lakh crore in 2016-17 from Rs 1.60 lakh crore collected in 2014-15.

Initially proposed features – reverse charge mechanism, invoice matching, tax deduction at source – still in limbo.

As per the draft scheme, construction workers will be entitled to monthly pension of Rs 1,000 after 60 years and scholarships of Rs 3,000 per year for two children studying in class 9 to 12 and Rs 12,000 per year for children studying in ITIs, vocational courses, graduation and professional courses.