Some states are taking a legal view on the state GST rate and the compensation rules ahead of the Goods and Services Tax (GST) Council meeting, which is likely to be held in mid-June, said people in the know. While the agenda is still being finalised, several states are likely to take up the matter related to GST compensation and may pitch for its continuation beyond the June 30 deadline. States would like to know how they would divide the compensation collected after June 2022 for payment of principal and interest of compensation shortfall borrowing and arrears to states, sources said.
When Praggnanandhaa plays, he does not allow his confidence to fluctuate, irrespective of who his opponent is, says his father.
Finance Minister Arun Jaitley is expected to present the Budget for 2014-15 in July.
Heeding to demands made by several states, the GST Council on Friday put on hold a decision to hike the tax rate on textiles to 12 per cent and referred to a panel of state ministers to recommend rate by February, Union Finance Minister Nirmala Sitharaman said. The panel, the highest decision-making body for indirect taxes, met under emergency provisions after states made a request for deferring the tax rate hike on textiles, from the current 5 per cent, to be effective from January 1, 2022. Currently, the tax rate on manmade fibre (MMF) is 18 per cent, MMF yarn 12 per cent, while fabrics are taxed at 5 per cent.
From real estate to metals, what Sitharaman's Budget has in store.
The higher chance of depression in women is additionally related to changes in hormone levels that occur throughout a woman's life.
LG, Panasonic: Making in and for India LG and Panasonic are looking to revive their fortunes in India by building local insights into their new products.
'This is the first time there has been an attempt to use market forces to counter disinformation on social media,' notes Devangshu Datta.
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The Japanese carmaker also said on Wednesday it was separately recalling around 169,000 vehicles including the Lexus GS350 and IS350 due to a problem in the engine assembly process.
Any form of discharge from the nipple can definitely be a warning sign, at any stage of breast cancer.
During 2013-14, imports from Japan, South Korea and Malaysia stood at $9.49 billion, $12.47 billion and $9.21 billion respectively.
Yoga girl Carla Villaorduna will stun you with her complex poses. Take a look!
As the farmers prepare to leave their protest sites on Delhi's borders on Saturday after the government repealed the farm laws and acceded to their other demands, many say they will reinstall their tents in their villages as a symbol of their long, arduous struggle.
Prime Minister Narendra Modi on Sunday paid homage to the fallen soldiers at the newly-built National War Memorial in the nation's capital on the Republic Day for the first time instead of the Amar Jawan Jyoti beneath the India Gate arch.
Aditi posed for pictures doing yoga at her home.
The Amar Jawan Jyoti at India Gate in New Delhi was merged with the eternal flame at the National War Memorial on Friday.
Chef Merajuddin Ansari shares his recipe.
Swamy said section 43D(5) of the UAPA was violative of the accused person's fundamental right to life and liberty as guaranteed by the Constitution even as the high court on Saturday extended the stay of the 84-year-old Jesuit priest at a private hospital in Mumbai till July 6.
'We have already given Rs 1.59 trillion to states.' 'So, there is no question of giving them more.'
An area of worry relates to simplification of the refund procedure where the inverted duty structure prevails
Chiseled abs, strong arms and toned legs. Celebrity couple Aashka Goradia and Brent Goble will inspire you to stay fit and embrace yoga.
This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.
Will the beard continue to be in vogue once WFH wraps up? asks Sandeep Goyal.
TVs, air conditioners, washing machines, inverters, refrigerators, electric fans and cooking appliances may become cheaper
The Gudi Padwa processions are cancelled. Police are also maintaining a tight bandobast to prevent people from crowding the markets.
The 42-metre-high sandstone monument, sometimes compared to the Arc de Triomphe in Paris was laid down by Prince Arthur, the Duke of Connaught.
The high court's order, which says refunds paid on service inputs can be restricted, runs contrary to Gujarat HC verdict and could complicate matters.
Make your annual modak binge-fest exciting with these fun but unusual recipes.
'Having dedicated my life towards improving breast healthcare in my motherland. I shall continue to work with rock-solid determination following this "chosen" path.'
India needs a paradigm shift in personal data management that transforms the current organisation-centric data sharing system to an individual centric approach that promotes user control on data sharing for empowerment, said Niti.
chef Vijesh Modi, The Deltin Daman shares an interesting recipe to start your day with.
The villagers have pinned their hopes for development on Ravi, whose success has much to do with the sacrifices and moral guidance of one man -- his father Rakesh Kumar Dahiya.
A detox yoga routine will improve digestion, boost strength and increase flexibility, says Radhika Iyer.
The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.
The Manufacturers'Association for Information Technology has presented a memorandum to the ministry of finance, for growth-oriented measures to boost domestic manufacturing.
India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.
The Make in India campaign was launched by Modi in September.
Excise duty cut to boost Polymers sector.
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