Case Study Essay

5442 Words Sep 19th, 2015 22 Pages
1

National
Goods and Services Tax Bill, 2014 introduced in Lok Sabha


It is also called Constitution (122nd Amendment) Bill



It seeks to introduce Goods and Services Tax (GST) regime



Inserts article Articles 246A, 269A and 279A in the Constitution



Provides for Union Finance Minister headed GST Council



Sets in a uniform and integrated indirect tax regime in India
14th Finance Commission submitted its report to President



It covers the period between 1 April 2015 and 31 March 2020



The Commission headed by former RBI Governor Y V Reddy



Provides for devolution of tax receipts from the Centre to the States



Article 280 of Constitution provides for appointment of Finance
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14



Started operation on 12 December 2014



The brainchild of Chief Justice of India H L Dattu



Two-judge bench to be headed by Justice Madan B Lokur



The other member is Justice U U Lalit
627 names of Indians holding black money abroad submitted to SC



Includes details of treaties India signed with France and other nations



Half of the 627 names are Non-Resident Indians (NRIs)



Most of them have accounts with HSBC Bank, Geneva



SIT headed by Justice M B Shah is probing black money case
Union government unveiled new counter-Naxal doctrine



Proposes four-pronged approach to deal with Naxals



These

are

Security,

Development,

Rights

and

Entitlement

and

Public

Perception Management


Focus on security interventions in worst LWE-affected areas



In moderately-affected areas, security and development initiatives will be focus 

In less affected areas, development interventions will take precedence

3

Swachh Bharat Mission launched


Launched on occasion of 145th birth anniversary of Mahatma Gandhi



Aims at making India clean by 2019



The year 2019 will be 150th anniversary of Mahatma Gandhi



Nine people nominated to inspire people to join the Mission
SC quashed allocation of 214 coal blocks



Quashed by SC bench headed by Justice R M Lodha



Allocations were arbitrary and illegal



4 out of 218 coal blocks not

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