The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs, sources said. The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament, which will end on August 11. The GST Council in its 51st meeting on August 2 recommended amendments to the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.
The Congress on Monday said it welcomed the reported move as the party has been raising the demand for long.
Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.
The interim budget 2024-24 on Thursday allocated Rs 1,277.80 crore for census, a significant reduction from 2021-22 when Rs 3,768 crore was allocated and an indication that the exercise may not be carried out even after three years of delay.
His tenure was till December 5, 2027, and he would have become Chief Election Commissioner (CEC) after incumbent Rajiv Kumar retired in February next year.
Doddamani has maintained a low profile; he has always worked actively behind the scenes in managing and strategising for Kharge's successive electoral campaign.
"I have no interest left in contesting the elections," said the former Lok Sabha member.
Of the Rs 1.97 trillion that the government intends to spend on all 14 production-linked incentive (PLI) schemes, around Rs 41,000 crore remains unutilised as of now, according to a senior government official. This means that 80 per cent of the total allocated amount, or Rs 1.56 trillion, will be used to pay incentives to companies eligible to claim benefits over the next few years. The unutilised amount/savings result from undersubscription, lukewarm responses in the case of schemes such as textile, as well as a reduction in the allocation of schemes.
By the time the enemy aircraft is 50 km away, the Akash-NG's computers have calculated the launch trajectory and impact point and launched the missile.
Given the gap between budgetary allocation and use, a parliamentary standing committee has asked the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy (Ayush) to take steps to prevent underutilisation of funds under the National Ayush Mission (NAM) scheme. According to the data, the ministry was allocated Rs 1,200 crore for the mission in the Budgetary Estimate (BE) for FY24. The Revised Estimate (RE) for the year fell to Rs 815 crore, of which Rs 589 crore, or 74 per cent, has been spent till January.
The new scheme may be announced before the Lok Sabha elections.
'The vision now is not just to look at national highways as a number of kilometres, but quality as well.'
'From April 25, 2021, Modi disappeared. He made no public appearance for 20 days.' 'The prime minister of India fled the field when his people needed the government most,' points out Aakar Patel.
BJP sources said a meeting of the National Democratic Alliance is expected to take place soon to highlight its growing strength and to dispel the impression that the departure of some of its oldest allies such as the Uddhav Thackeray-led Shiv Sena, Shiromani Akali Dal and the Janata Dal-United have the left the saffron party without a major partner.
The Union Cabinet on Friday increased the dearness allowance and dearness relief by 4 per cent to 42 per cent to benefit 47.58 lakh central government employees and 69.76 lakh pensioners. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief will be Rs 12,815.60 crore per annum, I&B Minister Anurag Thakur told reporters after the meeting of Cabinet Committee on Economic Affairs (CCEA).
Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in cooking gas LPG price to ease financial burden on households. Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday, official sources said. Prices vary from state to state depending on the incidence on local taxes.
The nearly month-long monsoon session is likely to have 20 sittings and would conclude before Independence Day.
Seeking to enhance green mobility, the Union Cabinet on Wednesday approved the 'PM-eBus Sewa' scheme under which 10,000 electric buses will be provided to 169 cities under the public-private partnership (PPP) model.
Although the BJP has never been ballistic about the BJD and Narendra Modi has avoided being critical of Naveen Patnaik, the BJP is optimistic that the party can improve its electoral fortunes in Odisha on its own, notes Rup Narayan Das.
The Union Cabinet on Tuesday gave its nod to the Government of National Capital Territory of Delhi (Amendment) Bill, which will replace the ordinance promulgated by the Centre on May 19.
If the BJP gets only 200 seats and wants to remain in power, Modi will have to make way -- either for a proxy of his choice, or for an internal rival, predicts Nilanjan Mukhopadhyay.
After ensuring Jharkhand chief ministership for party chief Shibu Soren, Jharkhand Mukti Morcha has now upped the ante for ensuring two ministerial berths at the Centre for its party MPs. Soren is learnt to have apprised the United Progressive Alliance leadership about the party's choice for JMM general secretary and Rajmahal MP Hemlal Murmu and the party's chief whip and Giridih MP Teklal Mahato for the berths in the Union council of ministers.
The monsoon session is expected to commence in the old Parliament building and later move to the new building, sources said. The new building was inaugurated by Modi on May 28.
With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.
As many as 43 leaders took oath on Wednesday in the first Union Cabinet reshuffle and expansion after Prime Minister Modi returned to power for a second term in May 2019.
The state government said these bills had been pending with the governor for as long as about two years and his action "subverted" the functioning of the state legislature, rendering its very existence "ineffective and otiose".
The move is apparently aimed at introducing the Bill before the end of the ongoing monsoon session of Parliament.
Ahead of Diwali festival, the Union Cabinet on Wednesday increased the dearness allowance (DA) and dearness relief by 4 per cent effective July 1, 2022, benefiting 41.85 lakh central government employees and 69.76 lakh pensioners. The additional instalment of DA and dearness relief (DR) is an increase of 4 per cent over the existing rate of 34 per cent of basic pay/pension. The combined impact on the exchequer on account of both DA and DR would be Rs 12,852.5 crore per annum, said Information and Broadcasting Minister Anurag Thakur while briefing reporters about the decisions of the Union Cabinet.
Chadha had challenged the trial court's October 5 order which vacated the April order.
Rajya Sabha Chairman Jagdeep Dhankhar, Prime Minister Narendra Modi and Lok Sabha Speaker Om Birla will lead a function in the Central Hall of Parliament on Tuesday to celebrate the country's rich parliamentary legacy and resolve to make India a developed nation by 2047.
It is a tribute to a system so robustly meritocratic that this team represents India's diversity better than any other institution: The Union Cabinet, our chief ministers, the civil services, the leadership of our armed forces and security agencies, the judiciary and more than all of these, our typical newsroom. That is the biggest message from this breathless rise of Indian cricket, asserts Shekhar Gupta.
The Union Cabinet held its first physical meeting in over a year on Wednesday. Notably, Prime Minister Narendra Modi held the first meeting with the Council of Ministers virtually after the Union Cabinet reshuffle on July 7.
'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'
The government will assist citizens in filing FIR against social media platforms for violation of IT rules in case they are aggrieved from objectionable content like deep fakes.
Prime Minister Narendra Modi on Wednesday asked his ministers to strongly refute opposition leaders on their controversial comments on Sanatan Dharma and expose them but told his ministerial colleagues to avoid the political row around the Bharat issue noting that it has been the country's ancient name, sources said.
JD-U leaders contend that R C P Singh may have misled the BJP leadership into believing that Nitish Kumar was ready for a smaller share in power at the Centre.
People aware of the development said, Law Secretary Niten Chandra, Legislative Secretary Reeta Vasishta and others met Kovind this afternoon to understand how he would like to go about the agenda before the committee.
'The Constitution of India is a stumbling block. So, they want a Presidential mode of election.' 'This is the sole purpose of the BJP to go for one nation, one election.'
The women's Reservation Bill is likely to be introduced in the Lok Sabha on Tuesday during the ongoing special session of the Parliament and in Rajya Sabha on September 21, government sources said.
