electricity duties are also subsumed under the GST, the losses balloon to Rs 59, 000 crore with the lion's

for revenue shortfall resulting from subsuming their taxes such as VAT in the uniform national tax

on this, it can be brought under the GST." Inclusion under GST would mean subsuming of excise duty

element associated with the crime must be “ teased out ”.... It’s not a subsumed status, the organisation

The Kerala High Court on Monday issued notice to the Goods and Services Tax( GST) Council on a plea seeking to include petrol and diesel prices under the purview of GST.A division bench headed by Chief Justice S Manikumar asked the council to respond within 10 days. The court asked the council to inform it why petrol and diesel prices were not included in the purview of the GST. The court's order came on hearing a Public Interest Litigation. The GST council had on September 17 decided to continu

Electronics manufacturing target of USD 400 billion set under the government policy is difficult to achieve within the set timeline but, correction in goods and services tax may push mobile phone production by up to USD 15 billion by 2025, industry body ICEA said Tuesday. The National Electronics Policy 2019 had set a target to create a USD 400 billion electronics manufacturing ecosystem by 2025. However, Minister of state for electronics and IT Rajeev Chandrasekhar had earlier this month said e

Industry chamber PHDCCI on Wednesday called for a 3-tier GST rate structure, with the highest slab at 18 per cent, to help boost consumption and reduce evasion. Under the Goods and Services Tax( GST), a four-rate structure that exempts or imposes a low rate of tax 5 per cent on essential items and top rate of 28 per cent is levied.... The other slabs of tax are 12 and 18 per cent.... Besides, a 3 per cent rate is applied on gold, silver and processed diamonds. PHDCCI President Sanjay Aggarwal

By Reuters Staff2 Min ReadFILE PHOTO: An American flag flutters at the premises of the former United States Consulate General in Jerusalem March 4, 2019.... He did not give timelines.“ I believe that I have good reason to think this will not happen, ” Deputy Foreign Minister Idan Roll told Israel’s Ynet TV.“ The Americans understand the political complexity, ” Roll said.... I don’t think they will try to surprise us.” U.S. Embassy spokespeople could not immediately be reached for commentIsrael

CHISINAU( Reuters)-Authorities in ex-Soviet Moldova said on Monday they were having difficulty coping with a steep increase in applications to grant citizenship to nationals of wartime Russia." In view of a surge in requests for Moldovan citizenship, the agency is asking the government to extend the time limit for examining applications to six months," instead of the current term of 20 days, said a government agency which, among other things, deals with citizenship and passports." The geopolitic

IT can be easy to become overwhelmed by the material aspects of Christmas. But at its core it is a time for gratitude, celebration and hope.... Wherever you are spending this Christmas, whether you’re near home or far away, there is a church ready to welcome you.... 3 Rt Rev Dame Sarah Mullally, Bishop of London Credit: LNP....