Author Archives: Loknath Das

A new poll shows the health care bill could crush Senate Republicans

  Photo by Alex Wong/Getty Images The poll numbers for Senate Republican candidates take an approximately 30-point hit when voters learn they’re supporting their party’s bill to repeal and replace Obamacare, according to a poll set to be released on Friday. The poll found that, in a vacuum, voters in 10 battleground states are split almost evenly about Republican senate Read More

Illinois’ new education accountability plan gets a mixed grade in independent review

Of the states that turned in their homework early to the U.S. Department of Education for how they’ll roll out a major overhaul in education policy, Illinois’ adaptation got a mixed grade in an independent review. Bellwether Education, a research and policy think tank, read through 17 state plans for the Every Student Succeeds Act submitted in April and scored Read More

‘The party will be over’: How GST will affect businesses that don’t pay tax

Rakesh Sachdeva sells auto parts in a busy market in central Delhi, just a few miles from Prime Minister Narendra Modi’s office. Yet despite having a flourishing business he does not pay any tax. Until now, his rundown premises and small scale operation has kept the business below the radar of India’s tax officials. Come July 1, however, “the party Read More

1.6 lakh new businesses register on GSTN in 4 days

Navin Kumar, chairman of the GST Network.(Livemint) As many as 1.6 lakh businesses that were previously not registered for either VAT, service tax or excise duty have enrolled for Goods and Services Tax (GST) in the past four days. As the GST Network portal reopened for the third time registration for both new assessees and existing excise, service tax and Read More

From automobile to real estate and consumer goods: What will be the impact of GST

  India is all set for its most ambitious reform in decades, which is expected to transform the world’s fastest growing major economy into a single market for the first time. The long-awaited Goods and Services Tax (GST) rolls out Saturday even as businesses complain they are ill-prepared for the massive changes about to ripple through India’s unwieldy $2 trillion Read More

LG G6+ With 128GB Storage, LG G6 32GB Launched

HIGHLIGHTS LG has launched LG G6+ with 128GB inbuilt storage Other model is LG G6 32GB with same specifications as LG G6 There is no official information on their availability Facing stiff competition from its rivals, LG on Monday added two new variants of its flagship smartphone – LG G6 – to its line-up to lure more customers. One bears 128GB inbuilt Read More

GST sales: Discounts on cosmetics, lifestyle products at Shoppers Stop, Body Shop

The world cannot blame you if you have been smitten by the shopping bug ahed of the GST roll out . You must have been getting SMS messages from various brands announcing their special sale offers till June 30. The monsoon sale bonanza usually begins in June-end, but this year the upcoming roll out of the revolutionary Goods and Services Read More

Why Mitch McConnell and the Republicans Can’t Fix Health Care

  Mitch McConnell’s health-care-reform bill, the Better Care Reconciliation Act of 2017, reflects conservatism’s failures when it comes to thinking about health care for Americans. Photograph by Mark Peterson / Redux Mitch McConnell’s decision to postpone a vote on his health-care-reform bill, the Better Care Reconciliation Act of 2017, is a political setback (and perhaps only a temporary one) for Read More

Ready or not, businesses brace for GST

HIGHLIGHTS HSBC estimates GST could add 0.4 per cent to economic growth One particular concern is how a new feature of the GST, the input tax credit, will work Official schedule of GST rates runs to 213 pages and has undergone repeated last-minute changes The official schedule of GST rates runs to 213 pages and has undergone repeated last-minute changes Read More

Cinnamon a health pill, says study

Cinnamon, a commonly used spice in Indian recipes, may have some unexpected health benefits. Consumption of around 3gm of cinnamonpowder every day can help reduce obesity and tackle metabolic disorders, shows a first-of-its-kind study on Indians published in the international journal ‘Lipids in Health and Disease’. In a clinical trial conducted in New Delhi’s Fortis Diabetes Obesity and Cholesterol Foundation, Institute of Home Read More