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GST Council cuts tax rate on fertiliser to 5%

-PTI New Delhi: Just a couple of hours before the Goods and Services Tax (GST) roll out, the all-powerful GST Council tonight reduced the tax rate on fertiliser to 5 per cent from previously decided 12 per cent. Finance Minister Arun Jaitley, who heads the GST Council comprising representatives of states, said the decision to reduce the tax rate on fertiliser was taken because of apprehensions that price of the crop nutrient...

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Heavy rains trigger flood-like situation in Gujarat

-PTI Ahmedabad: Torrential rains pounded parts of Gujarat today, leading to a deluge-like situation at several places, even as the state’s disaster management authority has been put on alert to tackle any emergency situation. Tankara gauged a massive 280 mm of rainfall in the last 24 hours. Teams of the disaster management department with the help of National Disaster Response Force personnel rescued around 14 people stranded in floodwaters in the district. “Tankara...

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Rs 34,000cr loan waiver

-PTI/ The Telegraph Mumbai: The BJP-led Maharashtra government today unveiled a Rs 34,020-crore farm loan waiver scheme, under which debt of up to Rs 1.5 lakh each will be written off, making 40 lakh farmers debt-free and providing relief to 49 lakh others. Chief minister Devendra Fadnavis said this was the "biggest" loan waiver scheme in the country. He said all BJP ministers and legislators would contribute a month's salary towards the...

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Punjab 3rd state to waive farm loans, to take Rs 24,000 crore hit

-The Times of India CHANDIGARH: The farm loan waiver fever is spreading across the country, threatening to place a huge additional burden on the already creaking finances of state governments. On Monday, Punjab became the third state this year — after UP and Maharashtra — to announce a total waiver of all crop loans up to Rs 2 lakh for small and marginal farmers (up to 5 acres) and a flat Rs...

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Open to review of cattle slaughter notice: Harsh Vardhan

-PTI May 23 notification not “to influence food habits, or affect slaughtering business”, the Union Environment Minister says. The government on Sunday said it was open to suggestions from various groups on the May 23 cattle slaughter notification and was not viewing it as a prestige issue. Speaking to Reporters here, Environment Minister Harsh Vardhan said the intention behind the notification was not to harm any particular group, influence food habits or affect...

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