Amit Mitra new head of GST panel.

West Bengal finance minister Amit Mitra is the new chairman of empowered committee of state finance ministers on GST. Mitra will succeed kerala finance minister K M Mani, who had to resign in November due to corruption charges.

Ease of doing business is still a long way.

Several measures have been introduced to make India an attractive investment destination and to ensure our economy is steered towards growth.The country has seen lot of investment flowing in with positive sentiments built around the successful campaign such as Make India, Skill India, Digital India and Clean India. Ease of doing business continues to remain the buzz word, inter alia all business expectations.

Apply GST on factory price of textiles says Industry.

The textile industry has warned the government that if GST is levied on maximum retail price (MRP) as proposed then it would have mutiple ill effects on entire sector.