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States ask for higher borrowing ceiling, interest-free loans
December 21, 2024
|The New Indian Express Tirunelveli
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.
The Council may give its nod to exempt gene therapy from GST.
It may extend concessional 5% rate on inputs of food preparations that are supplied for free distribution to economically weaker sections under government schemes.
هذه القصة من طبعة December 21, 2024 من The New Indian Express Tirunelveli.
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 Tirunelveli
The New Indian Express Tirunelveli
Namakkal farm gate price of eggs hits record ₹6 apiece for first time
DRIVEN by strong domestic demand, coupled witha slight dip in production, egg price in Namakkal has climbed toa record high of %6 per piece at the farm gate for the first time on Tuesday.
2 mins
November 19, 2025
The New Indian Express Tirunelveli
Dalits, minorities targeted for deletions: Thiruma
VIDUTHALAI Chiruthaigal Katchi (VCK) president Thol Thirumavalavan on Tuesday alleged large-scale irregularities in the ongoing Special Intensive Revision (SIR) of electoral rolls and urged the Election Commission of India (ECI) to immediately intervene to ensure free and fair elections in Tamil Nadu.
1 min
November 19, 2025
The New Indian Express Tirunelveli
MAKING ENEMIES OF BEST FRIENDS
HREE things have survived in India through the ages: poverty, gold, and dogs. Through the ravages and miseries that this country specialises in and perpetuates, the triad has stood its ground.
3 mins
November 19, 2025
The New Indian Express Tirunelveli
Lawrence Bishnoi's Anmol brother deported from US, likely to land in Delhi today
ANMOL Bishnoi, the younger brother of notorious gangster Lawrence Bishnoi, is being deported from the United States and is expected to land in Delhi on Wednesday.
1 mins
November 19, 2025
The New Indian Express Tirunelveli
Security upgrade in e-passport rollout
WITH the nationwide rollout of e-passports, a major technological upgrade designed to enhance security and streamline global mobility is on the cards for Indian passport holders.
2 mins
November 19, 2025
The New Indian Express Tirunelveli
Nod to probe against Zubeen murder accused
ON the 53rd birth anniversary of music icon Zubeen Garg on Tuesday, the Centre granted the mandatory sanction to the Assam Police to proceed against the accused linked to his death in Singapore on September 19.
1 min
November 19, 2025
The New Indian Express Tirunelveli
'Miffed' Shinde ministers skip Fadnavis Maha cabinet meet...
MINISTERS from Eknath Shinde-led Shiv Sena on Tuesday boycotted the weekly cabinet meeting chaired by Chief Minister Devendra Fadnavis in protest against induction of a Sena leader from Dombivali into the BJP, a development that shows cracks in the MahaYuti alliance ahead of the Maharashtra civic elections.
1 min
November 19, 2025
The New Indian Express Tirunelveli
Rahul steps up offensive, says Cong will fight SIR politically and legally
STEPPING up his attack on Election Commission of India (ECI) and ‘vote theft’ allegations, Congress leader Rahul Gandhi on Tuesday cast doubts over the SIR process at a meeting with key AICC office-bearers of 12 states and Union Territories where the revision of electoral rolls is underway, and said the party must challenge the exercise politically, organisationally and legally, according to sources.
1 mins
November 19, 2025
The New Indian Express Tirunelveli
SC recalls order on post-facto green clearance
THE Supreme Court on Tuesday recalled its May 16 judgment that had prohibited the Centre from granting retrospective Environmental Clearances (ECs) to projects that had violated environmental norms.
1 mins
November 19, 2025
The New Indian Express Tirunelveli
National-level shooter ‘molested’ in Pune-bound bus, conductor on run
HIGH drama unfolded on board a private bus in Madhya Pradesh’s commercial capital Indore on the intervening night of Monday and Tuesday, after a national-level woman shooter accused the conductor of touching her inappropriately.
1 mins
November 19, 2025
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