GST Bill

One nation, one tax: Lok Sabha passes four crucial GST Bills

New Delhi: Lok Sabha on Wednesday passed four Key Bills related to GST. The bills were passed after a right-hour-long debate. The bills are -- Central GST, Integrated GST, UT GST and GST Compensation Bills.

The Central GST deals with taxation related to Centre, integrated GST deals in taxation of inter-state movement of goods and services while the Union Territory GST Bill covers taxation in Union Territories. The compensation law has been prepared to give a legislative backing to the Centre's promise to compensate the states for five years for any revenue loss arising out of GST implementation.  Replying to around eight hour long debate, Finance Minister ArunJaitley said, the GST will replace various indirect taxes with a new tax regime which will ensure free flow of goods and services across the country. He said, the goods will become slightly cheaper after multiplicity of taxes is removed.  He said, the object of GST is to have one tax and each assessee with one assessing officer. Responding to members’ questions, the Minister said under the GST, for one commodity there will be only one tax rate in the country.

Tracing Narratives

Tracing Narratives- Exhibition on Indian Landscape Design commences at IHC

 

New Delhi: With much ardour and gusto, Future Institute hosting “Tracing Narratives”, a month long exhibition at Indian Habitat Centre, New Delhi.

Tracing Narratives exhibition is an attempt to create a lens through which the spectators evaluated the world of landscape designs and its many connotations in the present and near future. It is an initiative of Landscape Environment Advancement Foundation (LEAF) Ahmedabad. LEAF is engaged in research and publication in the area of landscape design and environmental planning. It supports research programs of varying durations every year.

UGC 700x320

UGC declares 23 universities, 279 technical institutes fake, Delhi, UP lead the pack

 

New Delhi: The University Grants Commission (UGC) and All India Council for Technical Education (AICTE) have declared a list of fake universities functional in India. Out of the 23 fake universities operating in India without UGC permit, Uttar Pradesh has nine unrecognized universities and Delhi has seven.

India has 279 such technical institutes (mainly in Uttar Pradesh, Telangana, West Bengal, Maharasthra) which do not have authority to provid degrees.

Law Makers For Capping Of Air Fares

Law makers for capping of air fares

@New Delhi: A Parliamentary panel has asked the government to look at capping air ticket prices and control the "artificially created exorbitant prices in the Gulf sector". The suggestion comes amid persisting concerns among certain quarters that airlines are levying high airfares, especially during festival seasons. The Civil Aviation Ministry should consider fixing an upper limit for every sector, especially in the economy class of airfares, the panel has said.

"We are a developing country and many of the pricing mechanisms applicable to the developed countries may not suit the Indian people and Indian conditions," it added. The Department-related Parliamentary Standing Committee on Transport, Tourism and Culture has made the recommendation in its report tabled in Parliament last week.

Despite Jats Calling Off Stir Delhi NCR On High Alert

Despite Jatscalling off stir, Delhi-NCR on high alert

@New Delhi: Though the Jat agitation planned in Delhi on Monday has been called off after a meeting between Haryana Chief Minister ManoharLal and Jat leaders, the whole NCR remained on a high alert.

Metro, bus and local train services were operating as usual after Jat protests were called off on Saturday evening. However, security arrangements remained as they are. Special Commissioner of Delhi Police DependraPathak said police was ready to handle any untoward incident. Pathaksaid, students who are appearing for the CBSE exams have been ensured easy access to their centres as transport plied as usual.