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Read more about COVID-19: NCP demands GST waiver on oxygen equipment & drugs on Business Standard. The NCP has sought a waiver of the Goods and Services Tax (GST) on all oxygen equipment and other drugs being procured to tackle the Cobid-19 surge
Since GST related decisions are within the purview of the GST council, copy of the letter has been sent to all state finance ministers so that the matter is addressed expeditiously, the ASSOCHAM letter said. (Representative image) MUMBAI: The NCP has sought waiver of the Goods and Services Tax (GST) on all oxygenequipment and other drugs being procured to tackle the Covid-19 surge, claiming that such levies were "choking" the health care system. Maharashtra NCP chief Jayant Patil in a tweet tagged a letter written by the Associated Chambers of Commerce and Industry (ASSOCHAM) to the Union fi...
LIVE Mumbai: Latest updates - NIA takes over probe into seizure of natural uranium worth over Rs 21 crore NIA takes over probe into seizure of natural uranium worth over Rs 21 crore The National Investigation Agency (NIA) has taken over probe into the seizure of natural uranium worth over Rs 21 crore in Mumbai, its spokesperson said on Sunday. The Maharashtra Anti-Terrorism Squad (ATS) had arrested two persons -- Jigar Jayesh Pandya and Abu Tahir Afzal Choudhary -- on May 5 night and seized 7.1-kg uranium worth about Rs 21.30 crore from them. 9 May 2021, 11:00 AM Maharashtra govt earmarks Rs ...
Synopsis Manguirish Pai Raiker said many entrepreneurs who used to run small and micro enterprises have lost their lives, leaving the future of these units in jeopardy. Shaktikanta Das announced several policy steps to offset the economic impact of the second Covid-19 wave on MSMEs and small businesses. (This story originally appeared in on May 08, 2021)PANAJI: The initiatives taken by the Centre and the Reserve Bank of India (RBI) to support and promote the MSME sector are a step in the right direction. However, the government must also ensure that bureaucratic hurdles are removed," chair...
Cap on flights too The government has also limited the number of flights that airlines can operate within the country. “The perennial challenge ever since the pandemic happened is that the Indian government has always looked at how to regulate the supply side,” said an industry source. “But neither the government nor aviation industry bodies have looked at the demand side. “Everybody's been working in silos… and that’s because everybody's busy addressing the procedures regulated by the government.” Finally, a bailout? India’s aviation sector – including travel agents - is p...