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FM rules out GST waiver on Covid vaccines, says move will make them costlier

 Finance Minister Nirmala Sitharaman on Sunday virtually ruled out exempting Covid vaccines, medicines and oxygen concentrators from GST, saying such an exemption will make the lifesaving items......

TN seeks special package of Rs 1K cr to address water crisis

 Amid a severe drinking water crisis in Tamil Nadu, state deputy chief minister O Panneerselvam on Friday sought from the Centre a special package of Rs 1,000 crore to augment irrigation structures......

No-trust vote against Modi govt defeated 325-126

 Prime Minister Narendra Modi-led National Democratic Alliance government sailed through its first floor test in Lok Sabha by defeating the no-confidence motion moved by Telugu Desam Party on......

Swiggy, Zomato to pay 5% GST to govt; food won't cost more

 The GST Council on Friday extended concessional tax rates on COVID-19 medicines, cut tax on cancer drugs and waived GST on import of highly expensive medicines for muscular atrophy, but will......

July GST collections second highest this fiscal

 In signs of acceleration in economic activity, India's tax collections on goods sold and services rendered returned to over Rs 1 lakh crore in July after the second wave of Covid-related......

Fiscal position to be better if there is no 3rd Covid wave: SBI report

 If there is no third wave of the pandemic, the fiscal position of the Centre and the states will be much better than budgeted for FY22 and the states may garner Rs 60,000 crore more in tax......

GST meet on June 12 will discuss tax exemption on Covid essentials

 Currently, 5 per cent is levied on domestically manufactured vaccines, while it is 12 per cent for Covid drugs and oxygen concentrators. Illustration: Dominic Xavier/Rediff.com The Goods and......

Imported O2 concentrators: SC stays HC order on levy of IGST

 The Supreme Court Tuesday stayed a Delhi high court order holding as "unconstitutional” the imposition of Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen......

Sports Shorts: Cuest Advani wins 17th world title

 A summary of sports events and sports persons, who made news on Sunday IMAGE: Pankaj Advani. Photograph: PTI Ace Indian cueist Pankaj Advani clinched his 17th world title on Sunday after he......

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