From progress in Indo-US defence ties to GST's possible delay: 5 key developments

In other news, Indian laws might not offer protection to customers of digital transactions

Business Standard brings to you a list of five key developments from across the country.

GST's April 1 deadline in jeopardy

The Goods and Services Tax (GST) Council on Saturday failed, for the third time in a month, to break the deadlock between the Centre and the states on the control of assessees under the new indirect tax regime. Now, it seems impossible that the GST Bills, scheduled to be placed before Parliament during the ongoing winter session, will be passed. This also casts a shadow on the April 1 deadline for rolling out GST.

 

Will ensure rich people who misused Jan Dhan accounts will go to jail: PM Modi

Prime Minister Narendra Modi on Saturday said he was working on a formula to send the corrupt, who deposited their money in Jan Dhan accounts of poor people after demonetisation, to jail and ensure that the money goes to poor households.

Shopping with your card? India lacks the laws to protect digital customers

India lacks laws to protect consumers if they lose money during digital transactions even as the government pushes for a less-cash economy after it withdrew Rs 500 and Rs 1,000 currency notes as legal tender. 

Indo-US defence ties to be enshrined in US legislation

With President Barack Obama and the India-friendly US Secretary of Defense Ashton Carter about to demit office, their unswervingly pro-India defence policy is about to be enshrined into US legislation.

Trump's Taiwan call angers China

China lodged a complaint with the US after President-elect Donald Trump flouted almost four decades of diplomatic protocol by directly speaking with the leader of Taiwan, which Beijing considers a rogue province.