Finance Minister Arun Jaitley says, healthcare and education will remain exempted from GST. Telecom and financial services to attract 18 per cent tax.
Finance Minister Arun Jaitley has said that healthcare and education will remain exempted from the Goods and Services Tax, GST. Addressing a press conference after the two-day 14th GST council meeting in Srinagar today, Mr. Jaitley said, services are to be taxed at 5, 12, 18 and 28 per cent.
Besides the exempted category of which one of the principal items will be that healthcare and education as a class will continue to be exempted. All other services have been fitted into four different rates. The four different rates are five percent, 12 percent, the standard rate of 18 percent and the luxury rate of 28 percent.
- Restaurants with turnover of upto 50 lakh rupees will face 5 percent tax.
- Non-AC restaurant will be charged at 12 per cent.
- AC restaurants and those with liquor licence to attract 18 percent.
- 5-star hotels 28 per cent and hotels with tariff of 1,000 to 2,500 rupees to be in 12 per cent tax slab.
- Telecom and financial services to attract 18 per cent.
- It will be 28 per cent for race club, betting and cinema halls
- 5 per cent GST to be levied on transport services and app based cab aggregators.
With this, rates of all items except a handful including gold, have been decided ahead of the roll out of the GST regime from July the 1st.
A day after the GST council decided on the rates, domestic rating agency, ICRA said, the structure is unlikely to fan inflation. It said in a note, with the effective tax rate intended to be brought down on most items, as well as a large portion of the CPI basket being kept in the exempted category, there is likely to be a limited impact of GST on goods inflation.
On services front, where the standard rate has been kept at 18 per cent, it said availability of input tax credit may soften the impact of GST on services inflation in the future.
Prime Minister Narendra Modi stresses on the need for harnessing the full potential of the country to achieve the goal of evergreen revolution.
Prime Minister Narendra Modi today stressed on the need for harnessing the full potential of the country to achieve the goal of evergreen revolution. Releasing two-part book series on eminent Agriculture scientist M S Swaminathan at a function in New Delhi, Mr Modi said, the success in agriculture needs to be extended to eastern India and scientific and technological interventions can make this a reality.
In view of the growing population and limited cultivated land, Prime Minister said soil management is the need of the hour to increase the agricultural productivity.
The Prime Minister said, Government is focusing on water conservation but the challenges still remain. He said, more needs to be done to increase awareness on the issue. Mr. Modi said, government is implementing one drop more crop scheme in a mission mode. He said, each district in India should have its own Agri-Identity to boost the marketing process and help develop agri-clusters on the lines of industrial clusters.
Speaking on the occasion, Dr M S Swaminathan emphasized the importance of synergy between technology and public policy. He said, food grain production has multiplied manifold after the advent of green revolution and country has become self–reliant in food grain production.
Supreme Court on in-service candidates.
The Supreme Court today directed the Gujarat government to give 50 per cent reservation to the in-service candidates for admission to post-graduate medical diploma courses as per the regulations of the Medical Council of India. The apex court directed the state government to grant the reservation to these candidates in the second round of counselling, starting tomorrow for admissions in PG courses. The court also asked the state government to define remote rural or difficult areas in which the in-service medical officers will be working.
The Gujarat High Court had on May the 5th dismissed the petition of in-service medical petitioners.
The in-service medical officers are those who work for the government or public authority in remote rural and difficult areas.
Home Minister Rajnath Singh to review security issues with Chief Ministers of five States on India-China Border in Gangtok tomorrow.
Home Minister Rajnath Singh will chair the first meeting of the Chief Ministers of five States on the India-China Border in Gangtok tomorrow. During the meeting Mr Singh will review the security issues in the border area. The states are Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Sikkim and Arunachal Pradesh. The objective of the meeting is to strengthen the coordination of the Ministry with these States to improve the overall border security. In the meeting, discussion will be held about the border infrastructure work undertaken by the Home Ministry, Border Area Development Programme and coordination issues between the states and the Indo-Tibetan Border Police.
Home Minister will also visit Nathula Pass and ITBP border post at Lachung to meet the Jawans of the force.
Pratyaksh Hanstantarit Labh scheme ( PAHAL )
The ambitious Pratyaksh Hanstantarit Labh, PAHAL, scheme of the central government is yielding results. The first phase of the scheme was launched in 54 districts in November, 2014. The second phase of the scheme started on January the 1st, 2015 to cover all the districts of the country. The scheme was aimed at paying LPG cooking gas subsidy directly into the customers’ bank accounts. It also aims to improve governance and rationalise subsidies.
With the NDA government showing great conviction in implementing the scheme, PAHAL introduced on trial basis earlier, ran successfully and now is being executed and functional throughout the country. However, Mr. Gandham Chandrudu, Joint Collector of Krishna district in Andhra Pradesh says that:
(Under Give It Up programme, the initiative of the Central government, in Krishna district many people who are having more than 10 lakh income per annum have come voluntarily giving up LPG subsidy and enrolled into Give It Up campaign. So the intension of the State government and district administration is the district and the State is declared as smokeless by June 2nd, the day on which Andhra Pradesh State has formed.)
Under the world’s largest cash transfer programme PAHAL, Rs. 47,410 crore has so far been transferred as subsidy, directly into LPG consumer’s accounts between 2014 & 17 benefiting about 17.13 crore people in the country.
Indo-China border issues meet; Main agenda – Improving overall border security.
Union Home Minister Rajnath Singh will chair the first meeting of the Chief Ministers of five States that share a border with China in Gangtok today. The states are Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Sikkim and Arunachal Pradesh.
“The main agenda of this meeting being held for the first time in Sikkim is to review Indo-China Border security issues. The progress of infrastructure work along the Indo -China border will also be discussed besides strengthening of coordination between theses states and security forces deployed along border. The Home Minister, during his three days stay in Sikkim will also interact with Jawans posted at Nathula in east and Lachung in North Sikkim. He will also fly over Sasahstra Seema Bal posts at Utterey , Kumukh on Indo- Nepal Border.”
Second Tripartite Talks
The second tripartite talks between United Naga Council (UNC), Manipur Government and the Centre were held at Senapati District Headquarters yesterday. The first round of talks was held in March after the BJP-led coalition came to power.
“The tripartite talks agreed upon representation of state government at the political level in the next round of talks and mutual respect of the points agreed upon in the tripartite talks on march 19 till an amicable settlement to the issue of the creation of seven new revenue districts is arrived. The talks also agreed upon holding the next round of talks at Senapati within a month. The talks also reaffirmed that the grievances of the UNC which led to the imposition of economic blockade in Manipur was recognized.”
Election Commission informs a Parliamentary Standing Committee that EVMs used by it are tamper-proof and reliable; Poll panel to hold live demo of EVMs and VVPATs today.
Election Commission has said, the Electronic Voting Machines (EVMs) used by it are tamper-proof and very reliable. The poll body told this to a Parliamentary Standing Committee yesterday. Senior officials of the Commission also told the panel that VVPAT or paper trail machines will be used in all future elections which will further enhance the confidence of voters in these machines.
The Parliamentary Standing Committee on Personnel and Law, headed by Congress leader Anand Sharma, had summoned the Election Commission officials and the Legislative Secretary of the Law Ministry over the issue of electoral reforms. The summons were issued after several opposition parties urged the poll panel to revert to the ballot paper system. The parties had questioned on the reliability of EVMs.
Meanwhile, the Commission will hold a live demo of EVMs and VVPATs in New Delhi today. Our correspondent reports that Commission will also hold a press conference to announce the schedule and procedure for the EVM Challenge.
“Last week, the poll body had formally thrown a challenge to political parties to prove EVMs used in the recent assembly polls were tampered-with, after several opposition parties questioned their reliability and demanded going back to the paper ballot system. The Commission also held an all party meeting to discuss the issues relating to the reliability of the EVMs and Voter Verifiable Paper Audit Trail (VVPATs) and electoral reforms. Chief Election Commission Nasim Zaidi had said that parties can try and prove that EVMs can be tampered with, even under strict technical and administrative safeguards as applicable during elections. In 2009, the Commission had held out a similar challenge when it demonstrated the functioning of EVMs brought in from various parts of the country.”
India aims to eliminate tuberculosis by 2025, five years ahead of global goal, says Health Minister JP Nadda.
India has pledged its commitment to eliminate tuberculosis by 2025, five years ahead of the global goal to reduce the number of deaths due to the disease by 90 per cent by 2030. Speaking at the meeting of ‘Stop TB Partnership coordination committee‘ in Berlin, Union Health Minister JP Nadda said, India has formulated a national strategic plan with a special focus on stamping out the bacterial disease at the grass-root level. He said, India has implemented a daily drug regimen for treating TB in five states and by the year-end it will be rolled out in the entire country. The new regimen helps in reducing relapse rates and number of drug-resistant TB cases. Mr Nadda also said, the government will frame special programmes to combat multidrug-resistant TB.
Maharashtra government has agreed to release three thousand Million Cubic Feet of water to Karnataka.
The Maharashtra government has agreed to release three thousand Million Cubic Feet of water to Karnataka from today to mitigate the severe drinking water problem faced in Vijayapura, Bhagalkot and Belgaum districts of the state. The decision was taken during a meeting of Principal Secretaries of the two states in Mumbai. Karnataka Water Resources Minister MB Patil said, the state’s Principal Secretary had made an appeal of 4 TMC of water, and Maharashtra agreed to release 3.
“The release of water from Koyna reservoir will reach the state through Krishna river basin. The northern districts in the state are reeling under severe drought and the water released from Maharashtra will provide much-needed drinking water. Both the states have also decided to implement inter-state Doodhganga irrigation project for which Karnataka has paid 36 crore rupees advance. This will help rain dependent farmers hit by drought in north Karnataka to carry out agriculture.”
Indian men’s archery team enters the final of the season’s first World Cup in Shanghai.
India’s compound men’s archery team today advanced to the final of the season’s first World Cup in Shanghai. The team comprising Abhishek Verma, Chinna Raju Srither and Amanjeet Singh made it to the final after beating US’ team in a closely-fought semifinal. In the summit clash tomorrow, fourth seeded India will take on 10th seeds Colombia.
In the mixed pair event, the duo of Abhishek Verma and Jyothi Surekha Vennam entered the bronze medal play-off. They take on the USA. It is the first major competition after last year’s Rio Olympics.
Courtesy of – All India Radio