Apart from Urmila Matondkar, the names of Marathi actor and Shiv Sena leader Aadesh Bandekar, singer Anand Shinde, BJP-turned-NCP leader Eknath Khadse, farmer leader Raju Shetti are also doing rounds.
Rates may be raised from 5 per cent to 8 per cent and 12 per cent to 15 per cent. The Council can explore possibility of merger of slabs to bring down the number of slabs to three. The Central GST collection fell short of the Budget Estimate by nearly 40 per cent during the April-November period of 2019-20
Proposals from the Centre's side include raising the 5 per cent slab to anywhere between 6 and 8 per cent, and doing away with the 12 per cent slab. A few states may oppose such a move because it involves hiking tax on items consumed by the poor. They have instead proposed raising the 18 per cent slab.
The reshuffle could take place before the start of the winter session of Parliament.
BJP leader Sushil Kumar Modi on Wednesday said it is not possible to bring petrol and diesel under the GST regime for the next eight to 10 years as it would cause an annual revenue loss of Rs 2 lakh crore to all states. Centre and states collectively collect over Rs 5 lakh crore tax on petroleum products, Modi told the Rajya Sabha while participating in a discussion on the Finance Bill 2021. The statement assumes significance in view of the rise in petrol price for the past over one year which even touched Rs 100 per litre in some states. In the first reduction in rates in over a year, petrol price on Wednesday was cut by 18 paise per litre and diesel by 17 paise a litre as international oil prices tumbled to the lowest since early February.
Bihar Deputy Chief Minister Sushil Kumar Modi said, a hike in GST rates would have hampered consumption amid the economic slowdown. The revenue augmentation panel in the Council meeting recently recommended revisiting and restructuring the GST rate slabs, besides correcting the inverted duty structure. The panel listed 24 items, including mobile phones, footwear, fabrics, LED light, medical equipment, utensils, agri machinery, pharma, and renewable components, which have an inverted duty structure, resulting in refunds of close to Rs 20,000 crore annually.
At least five people have been arrested by the city police which busted the scam earlier this month.
In a secret-ballot voting in the 193-member UN General Assembly on that race, Pakistan secured 169 votes.
The caricature of an angry Williams -- with exaggerated lips and tongue and a wild plume of curly hair rising above her head as she stomped on her tennis racket -- was condemned as racist by civil rights leaders, celebrities and fans.
Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST). When the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities - crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) - were kept out of its purview given the revenue dependence of the central and state governments on this sector. This meant that the central government continued to levy excise duty on them while state governments charged VAT. These taxes, with excise duty, in particular, have been raised periodically.
The Congress's motion of no confidence against the Bharatiya Janata Party- Jannayak Janata Party government in Haryana was defeated on Wednesday with 55 members of the assembly voting against the motion while 32 members from the opposition camp backed it.
In an address at the Council of Heads of Government meeting of the eight-member SCO, Vice President Venkaiah Naidu said the most important challenge faced by the region is terrorism, particularly cross-border terrorism, and that India remained concerned about threats emerging from ungoverned spaces as well.
The leader of Denmark's center-left Socialist Democratic party became the country's youngest prime minister last year at the age of 41.
The panel noted that the macro-economic fundamentals of the economy are sound but challenges remain, several of which are structural in nature.
'Whether it will create an impact or not, only time will tell.'
Among the other names tipped to make it to the Cabinet are Jyotiraditya Scindia, Sarbananda Sonowal, Baijayant Panda.
The material collected by the investigating officer shows that Dasgupta manipulated TRP for particular channels by using his office as the CEO of BARC, the court observed.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
Pakistan Prime Minister Imran Khan on Wednesday condoled the death of Indian cinema icon Dilip Kumar, saying he can never forget his generosity in helping to raise funds for a trust to set up cancer hospitals in his mother's memory.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances