(PTI) Free banking services like cheque book issuance and ATM withdrawals is likely to remain out of the ambit of the GST, a senior finance ministry official said. The Department of Financial Services had approached its revenue counterpart to clear the confusion over the levy of Goods and Services Tax (GST) on some of the free services offered by banks to their customers. “The revenue department is likely to tell the financial services department that GST will not be levied on free banking services,” an official told PTI. Amid banks getting service tax notice for non-payment of the levy on…
Author: Aruna Sharma
(PTI) As many as four companies – Avenue Supermarts, Biocon, HDFC Standard Life Insurance Company and InterGlobe Aviation – will be added to the MSCI India Index with effect from June 1. The news triggered buying in most of these companies, with shares of Avenue Supermarts surging 6.5 per cent to Rs 1,516.80 on BSE. InterGlobe soared 5 per cent to Rs 1,248.55 and Biocon went up 2.49 per cent to Rs 650.The scrip of HDFC Standard Life however, fell sharply by 8.14 per cent to Rs 496.30.The changes in the constituents for MSCI India domestic index will take place as…
(PTI) Jammu and Kashmir Chief Minister Mehbooba Mufti today congratulated the BJP for its “stellar performance” in Karnataka assembly elections. “Hearty congratulations to @BJP4India for their stellar performance in Karnataka,” Mehbooba said in a tweet. The BJP appeared headed for a simple majority in the Karnataka Assembly, with its candidates leading in 115 constituencies, leaving the ruling Congress way behind, according to the latest trends available for 220 of the state’s 222 seats where polling was held. Polling for R R Nagar seat was deferred on account of alleged electoral malpractices, while it was countermanded in Jayanagar seat following the death…
Atal Pension Yojana (APY) Scheme’s subscriber base crossed 1 Crore on completion of 3 years of the Scheme launch. APY was launched by the Prime Minister of India, Shri Narendra Modi at a function in Kolkataon 9thMay,2015 and the current number of subscribers stands at 1.10 Crore. Atal Pension Yojana (APY), a guaranteed Pension Scheme for citizens of India announced by the Government of India, is focused on the unorganised sector workers which constitute more than 85% of workforce. Under the APY, the guaranteed minimum pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000/ or 5,000/- per month will…
(FE) Delhi Metro has big news for its commuters. Very soon, the Delhi Metro Magenta Line will spread its wings to connect the Kalkaji Metro Station to Janak Puri West Metro station on the Blue Line. The inspection in the 25.6 km stretch was conduction from May 8 to May 10. And today, the commissioner for metro rail safety has given the approval to start passenger services on the remaining stretch which will connect metro stations, Janakpuri West and Kalkaji Mandir. A Delhi Metro Rail Corporation official was quoted by PTI, stating that, “The commissioner for metro rail safety has given…
With an aim to improve the performance of Power Sector in Bihar, a Memorandum of Understanding (MoU) was signed between the Government of Bihar (GoB) and NTPC Limited today at Patna in the presence of the Union Minister of State (Independent Charge) for Power and New & Renewable Energy, Shri R. K. Singh and Chief Minister of Bihar, Shri Nitish Kumar. The MoU envisages transfer of Barauni Thermal Power Station (720 MW) to NTPC. In addition to this, Bihar State Power Generation Company’s (BSPGCL) equities in Kanti Bijlee Utpadan Nigam Limited (KBUN) & Nabinagar Power Generating Company (Pvt.) Limited (NPGC)…
(NDTV) At least 12 people have died and several are feared trapped after a portion of an under construction flyover collapsed in Uttar Pradesh’s Varanasi today, news agency ANI has reported. Two pillars of the under construction flyover collapsed in Varanasi’s Cantt area, bringing a huge slab of concrete down, crushing cars and a local bus under it. Many of those trapped are reported to be labourers who were working on the flyover. A team of National Disaster Response Force or NDRF has been rushed to the spot for rescue operations. Dozens of policemen are also present at the spot. Chief Minister…
(DJ) भारत में एक बार फिर योग को मुख्यधारा में लाने वाले योग गुरु बाबा रामदेव ने आज कर्नाटक विधानसभा चुनाव में भारतीय जनता पार्टी की जीत का श्रेय देश के प्रधानमंत्री नरेंद्र मोदी को दिया है। बाबा रामदेव ने आजमगढ़ में एक योग शिविर के बाद कहा कि पीएम नरेंद्र मोदी की बढ़ती विश्वनीयता के कारण भाजपा को कर्नाटक में जीत मिली है। बाबा रामदेव ने कहा कि कर्नाटक में प्रधानमंत्री नरेंद्र मोदी की जीत जनता की विश्वसनीयता की जीत है। यही एक ऐसा चुनाव रहा कि सभी लोगों के समीकरण उलट-पलट गए। उन्होंने कहा कि मोदी के नेतृत्व…
(FE) In a major twist in Karnataka election results 2018, Congress offered support to JD(S) to form the government after the BJP, which was emerging as the single largest party, appeared to be falling short of the majority. In a letter to Governor Vajubhai Vala, Kumaraswamy, whose party was a distant third after the BJP and Congress, sought an appointment for this evening. “This is to submit to your good self that I have accepted the support extended by the Indian National Congress (I) party for forming the Government. In this regard, I seek your appointment today evening between 5.30 pm to 6.00…
(DJ) मुख्यमंत्री योगी आदित्यनाथ आज विकास कार्यों का स्थलीय निरीक्षण करने कासगंज में थे। इस दौरान कर्नाटक में भाजपा को अच्छे परिणाम की खुशी वह भी नहीं छुपा सके। मुख्यमंत्री आदित्यनाथ योगी ने कहा कि कर्नाटक विधानसभा में भारतीय जनता पार्टी को मिली जीत का सेहरा प्रधानमंत्री नरेंद्र मोदी के नेतृत्व में केंद्र सरकार के कामों के सिर पर बंधेगा। केंद्र सरकार के देश के विकास को लेकर बेहतरीन कामों के कारण भाजपा को एक-एक राज्यों में जीत मिल रही है। मुख्यमंत्री ने कहा कि अब जिन भी प्रदेशों में कांग्रेस की सरकार बची है, वहां पर भी आने वाले चुनाव…