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Govt mulling 2% Relief on GST for digital payments -Pankaj Doval

-The Times of India NEW DELHI: You may soon need to shell out less if you pay digitally. The government is looking at giving a 2% incentive over the applicable GST tax rate in case of digital payments where the bill is up to Rs 2,000, in a move aimed at discouraging cash payments. According to sources, the proposal - which may give the benefit in the form of a discount or...

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2,855 villages in UP under water

-PTI 10 more dead; toll mounts to 82 The flood situation in Uttar Pradesh remained alarming on Tuesday with reports of 10 more deaths, taking the toll to 82 in the current wave of floods in the State. “As many as 2,855 villages in 25 districts are inundated affecting a population of over 22 lakh,” the Relief Commissioner’s office said here, citing a flood report as on Monday. It said that around 50,000 people...

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UP floods claim 69 lives; 20 lakh people hit in 24 districts

-PTI Lucknow: With fresh flood-related deaths reported from across Uttar Pradesh, the death toll in the current wave of floods has gone up to 69. Over 20 lakh people have been hit by the floods in 24 districts of the State. “The death toll in the floods has reached 69 in the state, where 2,523 villages in 24 districts are flooded affecting a population of over 20 lakh,” the Relief commissioner’s office...

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88 more die in floods in Bihar, UP and Assam

-PTI Situation improves in West Bengal with absence of major rainfall. Patna/ Guwahati/ Kolkata/ Lucknow: Floods continued to wreak havoc in Bihar, Uttar Pradesh and Assam which reported 88 more deluge-related deaths on Sunday, while West Bengal heaved a sigh of Relief in the absence of major rainfall. The death toll in Bihar floods rose from 202 to 253. About 1.26 crore people are grappling with the flooding in 18 districts of the...

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Many charity hospitals misuse tax breaks: CAG -Rema Nagarajan

-The Times of India NEW DELHI: Income tax exemptions worth hundreds of crores have been given to hospitals claiming to be charitable institutes, but they may be doing little or no charity, according to a recent report of the Comptroller and Auditor General. CAG has asked for measurable parameters to assess the extent of charitable activities by hospital trusts availing tax exemptions as the public exchequer could be losing crores without...

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