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No GST Relief for automobiles

-The Hindu Aadhaar link for registration proposed Panaji: From October 1, taking the family for a holiday is set to become a more economical affair, but the consumption of energy drinks will become more expensive, following a marathon meeting of the Goods and Services Tax (GST) Council that lasted nearly nine hours on September 20.   While the tax rates were tweaked up or down for several goods and services, the Council left...

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Adopt a green growth strategy to boost the sluggish automobile sector

Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...

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Centre Rejects Kerala's Demand for Free Rice for Flood Victims

-TheWire.in Instead, the Centre is willing to supply rice at the minimum support price of Rs 26 per kg. New Delhi: The Central government has rejected the Kerala government’s request for a supply of free rice for the victims of floods and heavy rainfall, according to a report in Mathrubhumi. The report also stated that the Centre refused to consider the request to provide rice at Rs 3 per kg under the National...

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IAS officer Kannan Gopinathan resigns over 'lack of freedom of expression' -SR Praveen

-The Hindu “We got into the service thinking that we can provide voice to people, but then we ended up with our own voice being taken away from us,” said the Kerala-born IAS officer THIRUVANANTHAPURAM: IAS officer Kannan Gopinathan from the AGMUT cadre, who came into the limelight for his anonymous participation in the flood Relief efforts in Kerala last year, has resigned from service. The officer, who has been serving as...

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Govt withdraws super-rich surcharge on foreign, domestic equity investors

-PTI NEW DELHI: Buckling under pressure from overseas investors, the government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth. "In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.2) Act, 2019 on long/short term capital gains arising from the...

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