NEW DELHI: Amid the demand for fewer slabs of GST, several states, including Opposition-ruled West Bengal and Karnataka, do not see any need to reduce them from the current four, with a ministerial panel set to review representations from insurance, online gaming, restaurants and beverage sectors for lowering of rates.While the demand for lowering GST…
NEW DELHI: Hitting out at the Opposition over the demand for doing away with GST on health and life insurance, FM Nirmala Sitharaman on Wednesday said around three quarters of the revenue collected goes to the states and those who are protesting should take up the matter with their state finance ministers.“I want to raise…
NEW DELHI: Pleading with the Supreme Court for prospective implementation of its nine-judge bench ruling allowing states to levy royalty on extracted minerals and tax on mineral-bearing lands, the Union government on Wednesday said retrospective application would create a burden humongous enough to ruin many PSUs and industries, dent the larger economy and send prices…
NEW DELHI: Leader of Opposition and Congress MP Rahul Gandhi on Wednesday criticised the BJP government, labeling the Union Budget as a ‘Kursi Bachao’ Budget.Rahul Gandhi said that the Budget undermines the federal structure of India. “This budget is an attack on the dignity of the federal structure of India. In the greed to save…
NEW DELHI: Union finance minister Nirmala Sitharaman on Wednesday reacted to opposition allegations that Bihar and Andhra Pradesh were preferred over other states in the Union Budget 2024, terming them ‘outragous’ in Rajya Sabha. “In every Budget, you don’t get an opportunity to name every state of this country. The Cabinet had taken a decision…
NEW DELHI: Skewed distribution of rainfall in June-July saw nine states, including Jharkhand, Himachal Pradesh, Punjab, Haryana, Odisha and Bihar, facing a significant rain deficit in the range of 20-49% whereas six states, including four in the south peninsula, reported excess to large excess of cumulative rainfall during June 1-July 20.State-wise, Jharkhand reported the highest…
NEW DELHI: Seeking to plug organisational loopholes and prepare for the future, Congress president Mallikarjun Kharge will soon kickstart a review of states where the party performed badly in the recently concluded Lok Sabha elections. It will be followed by meetings with functionaries of states that will go for assembly elections in coming months.Sources said…
NEW DELHI: A nine-judge Supreme Court bench addressing a tricky question – whether ‘industrial alcohol‘ is same as ‘intoxicating liquor’ – would have been a treat for tipplers as the lead advocate, a self-confessed whisky lover, spiritedly tried to establish states‘ exclusive jurisdiction over all sorts of alcohol-from denatured spirits to whisky, vodka, gin, rum…
