The Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, will likely consider on Saturday a GST rate cut for Covid-19 relief essentials and drugs for treating the black fungus disease and might leave the vaccines untouched. The meeting is being held following a report submitted by a Group of Ministers (GoM) to the GST Council on Monday. The GoM, set up by the Council on May 28, was mandated to look at tax exemption and concessions on various Covid items including vaccines, drugs, and equipment.
Centre objected to the review petition and said that the basic grounds for seeking review of the verdict are the same as they were in the main petition.
Auto-debit payment bounces have gone up for the second consecutive month in May, emphasising the stress building up due to a halt in economic activities as authorities lock down various parts of the country to stop the spread of the virus in the second wave. According to the National Automated Clearing House (NACH) data, in May, of the 85.7 million transactions initiated, 35.91 per cent, or 30.8 million transactions, failed.
Indians visiting Britain on tourist visas will soon be able to visit neighbouring Ireland without a visa, under a visa waiver programme announced in Dublin.
'NPT waiver is like being allowed in the verandah. NSG membership is like being in the room... being part of rule making.'
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
The five-nation grouping BRICS on Tuesday resolved to combat terrorism in all its forms and manifestations, including the cross-border movement of terrorists, and vowed to step up joint efforts in building support for an India-backed global framework to effectively deal with the menace.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
Baghel will take the oath at 5 pm on Monday, December 17.
Scindia alleged that the Congress had betrayed the people of the state with false promises to come to power.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
Ahead of the first meeting of the top decision-making body in nearly eight months, finance ministers of eight states ruled by non-Bharatiya Janata Party and like-minded parties -- Rajasthan, Punjab, Chhattisgarh, Tamil Nadu, Maharashtra, Jharkhand, Kerala and West Bengal -- have devised a joint strategy to press for a zero tax rate on Covid essentials, sources said.
According to the ICC's host agreement signed by the members in 2015, tax exemption is must to host an ICC tournament.
Chief Minister Mamata Banerjee had last week announced the scheme, and said many priests were reeling under financial crisis and her government was doling out sops to support them. "The Cabinet has given its nod to the 'Rajya Purohit Kalyan Prokolpo' which the chief minister had announced a few days ago," state home secretary Alapan Bandyopadhyay said at the secretariat.
The waivers mean that financial institutions in the countries do not risk being cut off from the US financial system.
The US side is yet to respond to the invitation but initial indication has been positive, it is learnt.
This is the first time that Gandhi has raised an issue in the 17th Lok Sabha
The bullet train project has faced stiff opposition from farmers and tribals whose lands are to be acquired.
Sena's most discussed promise during the assembly poll campaign -- a full meal at Rs 10 -- also figures in the CMP.
Processing fee waived on car, gold and personal loans till December
Uptick in growth projected in second half of current fiscal based on 10 factors including higher FDI flows, build up of demand pressure, positive GST revenue growth
Modi, while speaking at a poll rally in Gujarat on Sunday, had sought to link the dinner meeting hosted by Aiyar for Pakistani dignitaries and attended by Manmohan Singh, among others, with the ongoing assembly polls and a conspiracy against the BJP.
While the declarations under the scheme have to be filed by December 31, 2020, the government had in October extended the deadline for making payment by three months till March 31, 2021, in view of the ongoing Covid-19 pandemic.
Palaniswami said, "I will take up with PM Narendra Modi the demands put forward by the farmers. I urge them to end this protest."
The march, which commenced from Nashik on March 6, will culminate in Mumbai on Monday and protestors plan to gherao the Vidhan Bhavan where the Budget session of the state legislature is underway, said organisers.
Janata Party President Subramanian Swamy on Wednesday moved the Delhi high court seeking a direction to prosecute the sole juvenile along with five adult accused in the December 16 gangrape case, saying the waiver from prosecution to such minors was 'unreasonable'.
He also alleged that the Bharatiya Janata Party wanted to create a Delhi-like situation in Puducherry and take power away from an elected government.
By November 3, only 17,000 applications with tax payable amounting to Rs 1,100 crore have been received by the government, under the Sabka Vishwas Legacy Dispute Resolution Scheme. The scheme gives a deep discount of 70 per cent for cases pending appeal where tax demand is more than Rs 50 lakh, and 50 per cent waiver beyond that amount.
E-commerce companies that fall within the scope of the equalisation levy include Adobe, Uber, Udemy, Zoom.us, Expedia, Alibaba, Ikea, LinkedIn, Spotify, and eBay.
West Bengal government has 1.2 per cent stake in BAPL.
An S-400 unit located near Delhi for protecting the capital would be able to shoot down Pakistani aircraft even before they cross the border to India, and Chinese aircraft while they were still in Tibetan or Nepalese air space.
So vaccinate employees and families, staff at home, rickshaw drivers, milkmen, service providers, shopkeepers and street vendors, says Naushad Forbes.
Sidhu asserted that he will continue to appear on The Kapil Sharma Show.
"I will have to remove the mask of chief minister to respond to politics. I don't speak doesn't mean I don't have answers," Thackeray said.
Those behind recapitalisation are neither aware nor do they care. After all, they have no skin in this game. And the Lok Sabha elections are round the corner. That's what they care about, points out Debashis Basu.
With Maharashtra Chief Minister Devendra Fadnavis having turned down the demand to write-off farm loan, Shiv Sena on Wednesday said the curse of farmers, with whose blessings the government came to power, could ruin everything.
Mithali, Poonam welcome Ganguly's announcement.
Scenes from Azad Maidan.
India Against Corruption, the Non-Governmental Organisation spearheading Anna Hazare's proposed fast, on Tuesday expressed shock at the prohibitive cost of hiring the MMRDA ground and asked the Maharashtra government to waive it entirely or allow use of Azad Maidan for the agitation.
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