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States ask for higher borrowing ceiling, interest-free loans
December 21, 2024
|The New Indian Express Kochi
STATES have demanded that the Union government must increase their borrowing limits to support fiscal activities.
THE GST Council in its 55th meeting on Saturday is likely to announce changes in tax rates on several goods and services. As per sources, the fitment panel of the Council has decided to levy 18% GST on all kinds of used cars. Currently, used petrol cars up to 1200 cc and diesel cars up to 1500 cc are taxed at 12%, those above these specifications are taxed at 18%.
The Council is likely to agree with the fitment panel's recommendation and raise GST rate to 18% uniformly to all used cars including the EVs. The sources said the GoM on insurance would submit its report to the Council on Saturday, but it is not clear if any decision on the same would be taken during the meeting in Jaisalmer. The GoM has recommended complete waiver of GST on insurance premium for health insurance with ₹5 lakh cover.
هذه القصة من طبعة December 21, 2024 من The New Indian Express Kochi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Kochi
The New Indian Express Kochi
Now, TMC MP lodges complaint against Guv
THE four-day clash between West Bengal Governor CV Ananda Bose and Trinamool Congress MP Kalyan Banerjee escalated on Wednesday.
1 min
November 20, 2025
The New Indian Express Kochi
Wanted gangster Anmol among 200 Indian nationals deported from US
A special US deportation flight carrying 200 Indians, including Anmol Bishnoi, the younger brother and close aide of gangster Lawrence Bishnoi, two other fugitives wanted in Punjab, and 197 undocumented migrants landed in New Delhi on Wednesday.
1 min
November 20, 2025
The New Indian Express Kochi
Tiger returns after decades, marks 9-month stay in Gujarat sanctuary
AFTER several decades, Gujarat saw its first tiger that stayed in the wilderness, when a big cat not only returned but claimed Ratanmahal Wildlife Sanctuary in Dahod as its permanent home.
1 mins
November 20, 2025
The New Indian Express Kochi
India, Germany system to avoid copter crash
SOON India and Germany will manufacture Obstacle Avoidance Systems (OAS) in India, which will arm the military helicopters to avoid accidents like the one in which General Bipin Rawat, India’s first Chief of Defence Staff, lost his life.
2 mins
November 20, 2025
The New Indian Express Kochi
India's chess World Cup campaign over
GRANDMASTER Arjun Erigaisi was knocked out of the FIDE World Cup, losing to Wei Yi of China 1.5-2.5 in the first set of tiebreak games here on Wednesday. It was a shocker for Arjun who ran out of luck in the rapid tiebreak games wherein the Chinese put pressure in the first game before eventually drawing while in the second Arjun just lost control and will have to go back home.
1 mins
November 20, 2025
The New Indian Express Kochi
Trump berates journalist over Saudi, Epstein questions; calls her ‘terrible’
DONALD Trump denounced ABC News’ Mary Bruce as a “terrible reporter” on Tuesday and threatened the network’s license to broadcast after she asked him three sharp questions at the White House.
1 min
November 20, 2025
The New Indian Express Kochi
Cong dilemma in Upper House
With assembly seats shrinking post Bihar rout, party may lose ground in polls for 75 RS seats next yr
2 mins
November 20, 2025
The New Indian Express Kochi
NUAPADA MANDATE MARKS A POWER SHIFT FOR MAJHI
WHILE the NDA secured a historic mandate in Bihar, the BJP notched up an emphatic victory in the Nuapada bypoll in Odisha.
1 mins
November 20, 2025
The New Indian Express Kochi
Another form of talaq now under top court’s glare
Regulation as per constitutional ethos
1 mins
November 20, 2025
The New Indian Express Kochi
T’Puram ISIS case catches NIA interest
THE partner of the UK-based woman, accused of indoctrinating her son in teens to join the ISIS, is the brother of a convict in the Kanakamala Islamic State module case, police said.
1 min
November 20, 2025
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