-PTI Govt last year launched PMUY scheme to provide 5 cr poor women with free LPG connections in 3 years New Delhi: The government has extended till September-end the time by which poor women wishing to avail of free cooking gas (LPG) connections must apply for the unique 12-digit biometric identification number Aadhaar. The government had in March this year mandated that anyone not having Aadhaar but desirous of availing free LPG connection...
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How much will a cow cess of Re.1 on petrol generate? -Ragini Bhuyan and Tadit Kundu
-Livemint.com A cow cess of even Re.1 per litre of petrol will be enough to generate funds that will exceed the entire annual budgets of several Union ministries About two weeks ago, Subramanian Swamy, a Rajya Sabha member from the Bharatiya Janata Party (BJP) called for a cow cess of Re1 on petrol to fund gaushalas or cow shelters across the country. Swamy made the comment towards the end of his speech...
More »All you need to know about GST
-Livemint.com Here are some FAQs about the Goods and Services Tax (GST) slated for rollout on 1 July What is GST? Goods and Services Tax (GST) is a value-added tax at each stage of the supply of goods and services precisely on the amount of value addition achieved. It seeks to eliminate inefficiencies in the tax system that result in ‘tax on tax’, known as cascading of taxes. GST is a destination-based...
More »PSUs told to pay for govt's 3rd anniversary events -Dipak K Dash
-The Times of India NEW DELHI: The Centre has asked PSUs and government entities to pick up the tab for functions to mark three years of the Modi government across 543 districts where events called "Sabka Saath, Sabka Vikas Sammelan" are being held from May 27 to June 18. According to an official communication to 45 such entities, the objectives of these programmes have been set out as informing the public about...
More »New WPI series suggests higher core inflation rate in past 6 months: CRISIL
-Business Standard WPI inflation for April is at 3.9%, which is 144 (bps) lower than the March inflation rate The Ministry of Commerce and Industry unveiled the revised wholesale price index (WPI) on May 12, 2017 as per the 2011-12 base year. As per this release, WPI inflation for April is at 3.9%, which is 144 basis points (bps) lower than the March inflation rate. The decline is mainly due to a...
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