Union Minister Hansraj Ahir said no one could stop India if it wanted to wrest PoK from Pakistan, stressing that the territory was a part of India.
Union Minister Ram Vilas Paswan has said new MRP will have to be printed on around 200 consumer products with revised GST rates. The manufacturers will have to put stickers of reduced MRP along with old MRP to pass on the benefits of reduction in GST. Failing to do so may lead to action against the firm, Paswan added.
Finance Minister Arun Jaitley on Thursday said that GST rates will continue to decline over the next two years. Speaking at the 16th Asia-Pacific Summit in Singapore, he said that the number of taxpayers has increased by 40% or 35 lakh after the introduction of GST regime.
France has rejected the Congress party’s allegation that the Narendra Modi government has negotiated an overpriced deal with French company Dassault Aviation to supply the Indian Air Force with 36 state-of-the-art Rafale fighter jets, while the Anil Ambani-led Reliance Defence Limited has threatened to sue the opposition party if it does not retract its charge that it was unfairly picked to be the French firm’s Indian partner.
New Delhi has reservation over the China-Pakistan Economic Corridor (CPEC) project but Beijing is trying to convince it that the multibillion dollar project is based on economic cooperation and that its main aim is to promote peace and prosperity in the region.
A day after notifying substantial reduction in goods and services tax (GST) rates for over 200 items, the Union Cabinet chaired by Prime Minister Narendra Modi on Thursday approved the establishment of the much-anticipated National Anti-profiteering Authority (NAA) to ensure that benefits of such tariff cuts are passed on to consumers.
Speaking to media persons on Rafale contract, IAF chief Dhanoa said,”There is no controversy. What is the controversy I don’t understand? It is not overpriced. The government has negotiated a very good deal.”
Finance Minister Arun Jaitley on Thursday said that India’s economy will start recovering from the “temporary blip” seen during the recent structural changes. “I think the bottoming out of the economy is complete and now it should start moving upwards.
Later this week, India will test its deadliest combination of weapons – an upgraded Su-30MKI armed with nuclear-capable BrahMos-A supersonic cruise missiles – for the first time.
Seeking to tackle the growing Chinese military presence along the Line of Actual Control (LAC), Indian Army is planning to build 17 major tunnels between Ladakh and Arunachal Pradesh to improve connectivity by roads for rapid deployment of troops.