(PTI) The Lok Sabha on Wednesday approved a bill to hike cess on luxury vehicles from 15 per cent to 25 per cent with a view to enhance funds to compensate states for revenue loss following the rollout of GST. The GST (Compensation to States) Amendment Bill, 2017, was passed by the Lower House amid uproar by the opposition over controversial comments made by Union Minister Anant Kumar Hegde on secularism and the Constitution. The Bill seeks to replace the Ordinance which was issued in September to give effect to the decision of the GST Council. The Ordinance provided for…
Author: khabarindia
(PTI) The government expects Motor Vehicle (Amendment) Bill to be cleared in the Rajya Sabha during the ongoing session of Parliament, Union minister Nitin Gadkari said today.”We are expecting in this Parliament session it will be cleared in Rajya Sabha,” Gadkari said when asked about the bill on the sidelines of EV (electric vehicle) Expo here. The Lok Sabha had cleared the bill in April.It seeks to bring a slew of radical reforms in the transport sector by ensuring 100 per cent e-governance, checking bogus driving licences and vehicle thefts, slapping heavy penalty on traffic violators and protecting the good…
(PTI) The government is committed to increasing India’s contribution to global trade in a “very significant” manner, Commerce and Industry Minister Suresh Prabhu said today. He said he was looking forward to the country, which has about 1.7 per cent share in global trade, taking a rightful place in the world community as a significant player. Speaking at the foundation stone laying ceremony of the International Exhibition-cum-Convention Centre (IECC) and the Integrated Transit Corridor Development Project here, Prabhu said that both imports and exports contribute significantly to improving the country’s GDP. “When we import something, that also adds to consumption,…
PM Shri Narendra Modi inaugurates Hyderabad Metro Project
Press Conference by Shri Prakash Javadekar on RSS worker murder in Kerala
Guest Article by Sanjay Gora, AGM, SAIL and Gold Medalist in Journalism,. Authored a book “Know yourself for better work life balance.” Co-authored two other books. Views expressed are personal and non specific to any particular organisation. (Views expressed are personal) “We Indians have taken knowledge directly from Lord Krishna. We know all there is to know. So why should we seek knowledge elsewhere.” This was a remark made by a poet in jest, but we seem to have taken it seriously. The article attempts to adopt a contraction approach and describes the best practices of Public Sector Enterprises/Undertakings or…
(ET) BJP will celebrate the first anniversary of the demonetisation on November 8 as “anti-black money day” and send its battery of central ministers and senior party leaders to various state capitals to interact with mediapersons to elaborate on the steps taken to eradicate black money and check corruption. PM Modi, BJP chief Amit Shah, finance minister Arun Jaitley and railway minister Piyush Goyal are likely to be in various parts of Gujarat on November 8. Jaitley will hold a press interaction on Tuesday where he will share the details of the programme chalked out to educate the masses about…
Shri Amit Shah flags off Run For Unity in Shimla, Himachal Pradesh
(PTI) An inter-ministerial panel headed by Finance Minister Arun Jaitley today finalised the launch date and quantum of issuance of ‘Bharat 22’ Exchange Traded Fund (ETF). According to sources, Bharat-22 comprises of 22 scrips of Public Sector Units, banks and those entities in which the government holds a minority stake. It is likely to be launched next month after the launch of IPO of New India Assurance, they said. The Department of Investment and Public Asset Management (DIPAM) today took the ministerial panel’s nod for tranche size and launch date, they said without sharing further details. Petroleum Minister Dharmendra Pradhan, Urban Development Minister…