The Maithripala Sirisena government has set in the process of making a new Constitution since January this year. The 2017 government budget is expected to be presented in Parliament mid-November. Sri Lanka’s new draft Constitution could be presented in Parliament before the next budget which would be announced by mid-November this year, Foreign Minister Mangala Samaraweera has said while hoping that it will celebrate the country’s diversity. “We... 

The GST Bill will be discussed in the Rajya Sabha today. NEW DELHI: Throughout years of political gridlock, the risk that the country might pass its biggest tax reform since independence appeared reassuringly remote for many businesses. Until now. Suddenly, the prospect that a new Goods and Services Tax (GST) could enter force next year has bosses panicking at the likely impact and seeking advice on how to cope. The expected passage by parliament... 

A total of 118 MPs on Saturday, voted to unseat Tunisian Prime Minister Habib Essid, three voted for him to stay at the helm and 27 abstained. Tunisia’s Prime Minister Habib Essid lost the confidence vote in the Parliament. Tunisian Prime Minister Habib Essid has lost a confidence vote in parliament, after just a year and a half in office. A total of 118 MPs on Saturday, voted to unseat Essid, three voted for him to stay at the helm and 27 abstained. Essid’s... 

Union Finance Minister, Arun Jaitley’s meeting today (Monday), with state finance ministers on the passage of Goods and Services Tax (GST) is crucial for the BJP to iron out the remaining differences with the Congress party, but doesn’t seem to be the last hurdle in the race. This is because, over the weekend, the political course in the capital has seemingly taken a turn and bad politics yet again seem to trample good economics. The reference... 

Kathmandu: In a blunt statement, Nepal Prime Minister KP Oli has blamed India for being behind the CPN (Maoist Centre) pulling out support to his government. “India’s role was primarily behind” the pulling out of support by the Maoists, Oli said on Thursday in a conference on National Security in Kathmandu, adding that the process of government change was “not an automatic process but conducted by remote control”. A file... 

Malcolm Turnbull became Prime Minister of Australia in 2015. SYDNEY: Australia’s Prime Minister Malcolm Turnbull on Sunday said his ruling government has won victory in the federal election. Counting of votes continues but with forecasts indicating the ruling conservative government will enough seats in Parliament to secure an outright victory, Australia’s opposition Labor Party on Sunday conceded defeat. While Turnbull retained power,... 

Mr Blair apologised that the pre-war intelligence had been wrong and for mistakes in planning, but not for getting rid of Saddam. LONDON: A British inquiry into the Iraq war strongly criticised former Prime Minister Tony Blair and his government today, saying they had led the country into war based on flawed intelligence that should have been challenged. The long-awaited inquiry report also said Britain had joined the US-led invasion of Iraq in 2003... 

Narendra Modi’s Cabinet reshuffle is important as the government needs to fill vacancies before the commencement of the Monsoon Session of Parliament that begins July 18. Prime Minister Narendra Modi’s office has intimated the Rashtrapati Bhavan that the Cabinet expansion will take place Tuesday. Prime Minister Narendra Modi will on Tuesday reshuffle his council of ministers at a ceremony to be held at Rashtrapati Bhavan. The function, on... 

‘Udta Punjab’ has released after weeks of controversy The film ‘Udta Punjab‘ released today after weeks of bickering and stress for its makers as the censor board called for multiple cuts and refused to clear it until the court stepped in. Even before critics had pronounced their verdict, social media was abuzz with reactions from celebrities and others. The thriller based on drug abuse in Punjab cleared one last hurdle... 

NEW DELHI: Tamil Nadu Chief Minister J Jayalalithaa, in her first visit to Delhi since winning Assembly elections last month, met Prime Minister Narendra Modi this evening and voiced her concerns about the Goods and Services Tax or GST, which aims to bring the country under a unified tax regime. GST Impacts Fiscal Autonomy Of States Like Tamil Nadu “GST impacts fiscal autonomy of states and huge permanent revenue loss is expected for a manufacturing...