The second and concluding part looks at how the quarterly GDP estimates use the organised sector indicators to measure the unorganised sector, which contributes nearly 50% to the GDP, thereby giving a misleading picture of the state of economic health

Infosys was the top Sensex loser today falling 5% to Rs 765.30.  It slid up to 7.83% to Rs 742.1 on BSE. Similarly, Tech Mahindra and TCS lost 2.52% and 2.44% on Sensex, respectively.

No relief was announced for the auto sector despite a huge demand for a rate cut. The GST Council had said that such a move would lead to huge revenue hit for the states as well as the Centre

GST Council meeting: \"Several decisions have been taken in order to promote tourism,\" FM Nirmala Sitharaman stated before announcing rate cuts on hotel bills

A health insurance plan helps people manage this risk to a great extent. However, even though a health plan provides you a comprehensive cover against fatal diseases and accidents, scope of coverage has some limitation and preconditions

Notably, a Personal Data Protection (Draft) Bill, was presented to the Ministry of Electronics and Information Technology, by the Committee of Experts under the Chairmanship of Justice B. N. Srikrishna, on July 27, 2018. By now it is quite evident that this exercise was/is part of government's manifestly insincere argument in the court and an exercise in sophistry to get favourable order from the Court

The finance ministry on Monday said the last date for filing annual GST returns has been extended by three months to November 30 as taxpayers were facing technical problems in furnishing returns.

The Central Board of Indirect Taxes & Customs (CBIC) said certain technical problems are being faced by the taxpayers as a result annual return for the period July 1, 2017 to March 31, 2018 could not be furnished by persons registered under GST

As far as the filing of returns go, section 39 of the CGST Act has been amended to introduce a new option for specified taxpayers to furnish their returns on a quarterly basis, instead of monthly

In the latest one - 35th GST Council meeting held in Delhi on June 21 - several key decisions, including the extension of the date for filing annual GST returns by two months to August 30 and introduction of a new single-form GST return filing system from January 1, 2020, were taken.

The ministry said that many taxpayers have raised concern that annual return form GSTR-9 does not allow a taxpayer to report details of IGST paid on imports made in 2017-18 but credit for the same was availed in 2018-19.

Electronic invoice, or e-invoice, has been envisaged by the revenue department to mainly curb goods and services tax evasion.

It can be noted that ahead of the general elections, a slew of states and also the Centre had doled out sops to the marginalised sections, including the farmers and the poor