Finance Minister Nirmala Sitharaman on Friday said she might take a call closer to the GST Council meeting about proposing to the Council to bring petrol and diesel under the goods and services tax (GST); Mobile firms request govt to build polices to compete with countries; Dual airbags mandatory for new cars from April 1. Watch this and more news on News Blast.Also Read: TVS Motor to provide free COVID-19 jabs to employees, family members

Call on bringing fuels under GST to be taken closer to GST Council meet: Sitharaman Amidst the rise in fuel prices, Finance Minister Nirmala Sitharaman on Friday said she might take a call closer to the GST Council meeting about proposing to the Council to bring petrol and diesel under the goods and services tax (GST). Sitharaman admitted that taxes on fuels should be brought down to reduce the burden on consumers, and called pricing a worrying issue. Dual airbags mandatory for new cars f...

The Shillong Teer Lottery is different from the regular state-organised lotteries in the country as the winners for this are not decided through a lucky draw of ticket numbers. Instead, the lottery winners are determined by the number of 'teer' (arrows) shot

On being asked if the Centre will take a proposal for bringing petrol and diesel under GST to the GST Council, the finance minister said a call will be taken \"closer to the date of the Council meeting.\"

Travel-focussed payment solutions firm PayMate hit a roadblock post Covid-19, but focus on other areas such as invoice discounting helped in damage control

Business Today awards in Chennai saw Tamil Nadu CM Edappadi K. Palaniswami announce investments worth Rs 10 lakh crore, creating employment opportunities for 20 lakh people over next four years

26 feb Bharat Band: These protests will be held in 1,500 places demanding the Centre, the state governments and the GST Council take back the 'draconian' GST provisions; The AITWA will also hold a 'Chakka jam' on February 26

Indian shipping companies are subject to 5 per cent GST if an overseas consignor appoints them for import cargo transportation but if the consignor appoints a foreign shipping line for the same service, GST is not applicable as the shipping company is not registered in India

The arrested chartered accountant is Abhishek Singhal, who ran fake firms to issue fraudulent invoices; he is the tenth chartered accountant arrested so far over GST invoice fraud charges

The government might engage private firms and institutions to vaccinate the 50-plus age group to cover a much larger target population of 27 crore individuals. It will also include below-50 age group with serious co-morbidities

\"Inverted duty structure is one of the top priorities of the government and is likely to be taken up by the Council in the next meeting,\" a top finance ministry official told Business Today.

The sharp decline in GST collections was estimated to lead to Rs 1.80 lakh crore shortfall in GST revenues of states

In his pre-recorded address for the sixth Governing Council virtual meeting of Niti Aayog, the senior Congress leader also proposed that states are consulted before deciding the priority list for COVID-19 vaccination

The finance ministry had on Friday released the 17th weekly instalment of Rs 5,000 crore to 23 states and three UTs taking the total amount released so far as part of the special borrowing window set up in October 2020 to Rs 1 lakh crore

The Confederation of All India Traders (CAIT) said dharnas (protests) will be held nationwide in 1,500 places demanding the Centre, state governments and the GST Council to keep in abeyance the \"draconian\" provisions of GST

As per the decision taken by the Administrative Council (AC), the pre-requisite 'no objection certificates' (NoCs) or approvals have been relaxed for setting up of a business unit in Jammu and Kashmir

The prevailing law and order situation in West Bengal is one of the reasons behind the state's below-average industrial growth performance, said Bibek Debroy, Chairman, Prime Minister's Economic Advisory Council, at the India Today Conclave East 2021 in Kolkata. Debroy indicated that the state government needs to question itself, rather than 'pointing a finger' at others. He added that the government also needed to figure out what kind of manufacturing and area it should focus on, followed by land. Watch the video for more.Also Read: GST compensation: Centre transfers 15th tranche of Rs 6,000 crore to states

The finance ministry said that so far, 81 per cent of the total estimated GST compensation shortfall has been released to the states & UTs with Legislative Assembly

Budget 2021 has taken care of the bare necessities that are needed to ensure that the healthcare infrastructure of the country is given a booster dose to make it infallible to pandemics like what we are going through

This year's budget was in the midst of the pandemic, but stayed on the path of 'AtmaNirbhar Bharat Abhiyan' that supplements the Make in India vision of the government