Supreme Court’s ruling on GST deepens the churn in the tax regime

Last week, the Supreme Court ruled that the Decisions taken by the GST Council are merely recommendations with “persuasive value” and are not binding. The ruling has opened up serious questions on the stability and certainty of the structure and operation of GST which is still evolving. Although the judgment related to the longstanding dispute … Read more

Supreme Court’s ruling on GST deepens the churn in the tax regime

Last week, the Supreme Court ruled that the Decisions taken by the GST Council are merely recommendations with “persuasive value” and are not binding. The ruling has opened up serious questions on the stability and certainty of the structure and operation of GST which is still evolving. Although the judgment related to the longstanding dispute … Read more

Amidst domestic churn, new Australian PM signals foreign policy continuity

As Anthony Albanese is sworn in as Australia’s 31st Prime Minister, he will be conscious of the deep electoral angst against traditional politics and a groundswell in support for a contemporary avatar of Australia’s own “Aam Aadmi” politics: The Teal independents, a motley group brought together primarily by the lack of mainstream urgency to act … Read more

Chop and churn likely as Bommai Cabinet, Karnataka BJP set for overhaul a year before state polls

Nearly three years after it came to power in Karnataka, the BJP, which has always kept at least four vacancies open in the state Cabinet to ward off dissension, is now set to fill all 34 ministerial berths available in the state with just a year left for the Assembly elections. Several political developments over … Read more