The revenue loss of the central government due to the recent GST rate reduction will be around Rs 3,700 crore in FY26, as higher growth and a boost in consumption have reduced the impact on revenues, according to a report by the State Bank of India (SBI).
According to the Ministry of Finance, coal previously attracted a 5 per cent GST, along with a Compensation Cess of Rs 400/ton, prior to the rate rationalisation.
Sahney announced that he is extending financial support to the State Disaster Relief Force for the procurement of advanced boats for flood rescue operations and modern machinery for river desilting.
Under the state scheme, the Chief Minister has approved Rs 4.49 crore for road construction work, including hot mix interlocking tiles and drain construction in internal routes of Turner Road, Post Office Road and Mohbbewala in Dharmpur assembly constituency of Dehradun district.
"We need thousands of crores rupees, given the kind of damage I witnessed while taking stock of the situation. There have been damages to people's homes, farms and other belongings," Mufti said while addressing a press conference, urging the UT government to provide land to displaced pers
"Until human behaviour changes, we will not achieve success in this mission (to reduce road fatalities)," he said, urging every Indian citizen to become sensitive, disciplined and committed to following traffic laws under the "Vision Zero" initiative aimed at eliminating preventable road dea
Secretary Disaster Management and Rehabilitation Vinod Kumar Suman has sent a detailed memorandum to the Additional Secretary, Disaster Management Division, Ministry of Home Affairs, Government of India.
Bengaluru (Karnataka) [India], September 4: TVS Motor Company (TVSM), a global leader in two and three-wheeler segments, today announced the launch of the TVS NTORQ 150, India's quickest Hyper Sport Scooter. Powered by a 149.7cc race-tuned engine and inspired by stealth aircraft design, the
The Union Cabinet, chaired by Prime Minister Narendra Modi, on September 3, approved a Rs 1,500 crore Incentive Scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources.
The final ticket prize for an IPL match, which has a base prize of Rs 1,000, will now be upto Rs 1,280-1,400, as per ESPNCricinfo. This raise puts the IPL in India's highest GST bracket, alongside casinos, race clubs, or any place featuring casinos or race clubs.