Diesel rates were cut by 40 paisa to Rs 68.89 a litre. With this, the reduction in rates in last six weeks totals Rs 9.26 per litre on petrol and Rs 7.2 per litre on diesel.
While almost all the members belonging to the ruling National Democratic Alliance took oath by swearing in the name of god, Human Resources Development Minister Prakash Javadekar, who was re-elected to the Upper House from Maharashtra, took oath affirming his allegiance to the Constitution of India.
The kids have picked their favourites!
The company will operate the IT system for five years.
Tamil Nadu says it's intriguing only BJP-ruled states top the list, while industrialised states are given a go-by.
According to Ilmi, she was invited by RSS-supported Forum for Awareness of National Security to speak at a seminar on "Triple Talaq" and the university had pressurised the organisers to change the subject to "Muslim's women's empowerment: Issues and challenges" and drop her name from the speaker's list.
The peak GST rate of 28 per cent as also the 5 per cent ad valorem cess will continue
With the introduction of the single window clearance provision, pre-production windows are expected to reduce significantly. Not only will it have an impact on the operational cost of the film, it will also allow studios to release films faster.
Diesel in Mumbai costs Rs 79.72 per litre at IOC outlets and Rs 79.79 at BPCL outlets.
A key milestone towards indirect tax reform in the country was achieved on Wednesday when state governments approved the introduction of a nationwide dual Goods and Service Tax (GST) from April 1, 2010.
Will have to pay 12% tax besides 3% education cess.
'The impact of COVID-19 on the economy has been so overwhelming that even a significant drop in global oil prices, which in normal times would have brought cheer, has posed new challenges for the government,' observes A K Bhattacharya.
The recognition that content - video in particular - will be the next big thing in the telecom wars requires no rocket science.
The Centre has decided to keep ayurveda products in the mid-range of the goods and services tax
Traders in Kerala on Thursday decided not to sell cigarettes in the state from April 16 as tobacco-manufacturing companies were 'not prepared' to pay the value-added tax for the products.
There is much work to be done to design a good GST.
States' demand of compensation from Centre for loss of tax revenue not on agenda.
After duty cut on imported wine, beer and spirits, the joint working group on Goods and Services Tax has been asked to recommend a new duty regime on goods and services.
The IMG meeting will be convened shortly.
Yashwant Sinha has been India's finance minister and he can rightly take the credit for making the path of reforms in India less arduous.
As per norms, the returns have to be filed online on www.aces.gov.in.
Quibbling between the Centre and the states on who should provide more relief to consumers on fuel prices intensified with the latter asking the Union Government to give an account of accruals to it from the latest hike in petrol and diesel prices.
'It's the relationship that is important.'
India, which imports over 80 per cent of its oil needs, spent $87.7 billion on importing 220.43 million tonne (MT) of crude oil in 2017-18. For 2018-19, the imports are pegged at almost 227 MT.
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
The fuel price hike for the last 16 days had caused inconvenience and disappointment among the general public.
The phase out of Central Sales Tax, which is a major distortion in the way of smooth functioning of VAT system, will begin from Sunday, albeit a year after and in diluted form than envisaged originally.
The Centre is against giving any shock in the first year of the rollout by bringing in new services.
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
No mention of cab aggregators in GST bills
There is nothing specific announced for Chemicals Industry, however, reduction in customs duty
Despite optimism about export prospects, investments and recruitment in the next six months, India Inc's business confidence index fell in the fourth quarter of fiscal 2004-05 compared to the previous period, a FICCI survey said on Monday.
The government on Thursday hinted at paring down levies on automobile sector, even as he asked carmakers to step up investment to fuel growth and employment.
Check out what rocked the business world this week.
