Sun, Jun 25, 2017 | updated 04:18 AM IST

State Finance Ministers' discuss accountability of GST

Updated: Aug 30, 2016 15:40 IST      
State Finance Ministers' discuss accountability of GST

New Delhi [India], Aug 30 (ANI): Delhi Deputy Chief Minister Manish Sisodia today said the State Finance Ministers' met to avoid confusion about the rates at which indirect taxes would be levied and discussed the accountability of the Goods and Services Tax Network ( GSTN).

Stating that this was the first meeting of Empowered Committee after the passage of GST Bill, Sisodia said all the Finance ministers are now concerned about the GST and company, which will streamline the tax system of the nation.

"Until now, every state used to run their company on their own terms and run them accordingly. But from now onwards there will be one company that will overview the taxes, especially the GST, in the entire country," Sisodia said.

"Everybody was concerned about the rates and the sharing of different states, its accountability and deliverables. All these things should be clear. There should be no confusion in future about what GST will do and not and what will be its accountability.

Sisodia further said there was also a discussion on the financial model of GST.

"Everybody agreed that both the Centre and states should also contribute," he said, adding everybody was of the opinion that the states should be charged at the same rate at which the loans would be taken from banks.

The GST Constitutional Amendment Bill was passed by Parliament earlier this month and so far ten states - Assam, Bihar, Jharkhand, Delhi, Chhattisgarh, Himachal Pradesh, Telangana, Maharashtra, Nagaland and Gujarat - have ratified the Bill. A constitutional amendment requires ratification by at least 50 percent of the states.

The Constitutional Amendment Bill did not have the GST rate and the GST Council, which will have representation from both the Centre and states, will now work out a rate.

The subsequent legislations Central GST (CGST) and Integrated GST (IGST) - would mention the GST rate. (ANI)

Srinagar (Jammu and Kashmir) [India], (ANI): Amid the escalated unrest and terror attacks in the Valley, telecom companies have been directed to reduce 3G/4G data services to 2G speed (not more than 128 Kbps) in the whole of Kashmir Valley with immediate effect, on the directions of state police.

Full Story >>

Srinagar: Two terrorists holed up inside DPS, Sec 144 imposed

Updated: Jun 24, 2017 22:12 IST     

Srinagar (Jammu and Kashmir) [India], June 24 (ANI): With two terrorists holed up inside the Delhi Public School building in Srinagar's Pantha Chowk, restrictions under Section 144 have been imposed from Jammu and Kashmir's Ram Munshi Bagh to Sempora.

Full Story >>

New Delhi [India], June 24 (ANI): External Affairs Minister Sushma Swaraj on Saturday assured that the Indian government will do everything possible for the safety and well-being of Indians stranded in Qatar, who are facing a major blockade from the surrounding Arab countries.

Full Story >>

Srinagar (Jammu and Kashmir) [India], June 24 (ANI): Following the terror attack earlier in the day in which a Central Reserve Police Force (CRPF) personnel lost his life, Additional Director General of Police (ADG) of CRPF S.N. Srivastava said that

Full Story >>

BJP leader allegedly attacked in Bardhaman

Updated: Jun 24, 2017 18:57 IST     

Bardhaman (West Bengal) [India], June 24 (ANI): Bharatiya Janata Party (BJP) Member of Parliament George Baker was allegedly thrashed and his car vandalized in West Bengal's Bardhaman's Kalna area on Saturday.

Full Story >>

Raipur (Chhattisgarh) [India], June 24 (ANI): Two security personnel were killed and three injured in an exchange of fire with Naxals in Sukma on Saturday.

Full Story >>

Kolkata (West Bengal) [India], June 24 (ANI): The Central Bureau of Investigation (CBI) on Saturday issued notice to Tripura's Social Welfare and Social Education Minister Bijita Nath and asked her to be present at her Agartala residence on June 29 for interrogation.

Full Story >>

J-K: Terrorist strike kills CRPF SI, injures two jawans

Updated: Jun 24, 2017 18:54 IST     

Srinagar (Jammu and Kashmir) [India], June 24 (ANI): One Central Reserve Police Force (CRPF) Sub-Inspector lost his life and two jawans got injured after terrorists attacked their vehicle near Srinagar.

Full Story >>

APCC demands revival of APCMUHIS

Updated: Jun 24, 2017 18:48 IST      By: Pradeep Kumar

Itanagar [Arunachal Pradesh], June 24 (ANI): Arunachal Pradesh Congress Committee (APCC) took a dig at the ruling Bharaitya Janata Party (BJP) state government for its contradictory policy and demanded the immediate reintroduction of the Arunachal Pradesh Chief Minister's Universal Health Insurance Scheme (APCMUHIS).

Full Story >>

Mumbai (Maharashtra) [India], June 24 (ANI): The Directorate of Revenue Intelligence (DRI) on Saturday arrested a person and recovered five kilograms of gold and 1.5 kilograms of dark metallic powder, worth Rs.1.7 crores, from the air cargo complex here.

Full Story >>

Security review meeting held for upcoming Amarnath Yatra

Updated: Jun 24, 2017 17:51 IST     

Srinagar (Jammu and Kashmir) [India], June 24 (ANI): The Jammu and Kashmir Core Group Security (CGS) held a meeting at Nagrota on Saturday to coordinate arrangements and security for the upcoming Amarnath Yatra.

Full Story >>

Ballabhgarh murder accused sent on three-day police remand

Updated: Jun 24, 2017 17:47 IST     

Palwal (Haryana) [India], June 24 (ANI): The accused arrested in connection with Ballabhgarh murder case was sent to three-day police remand on Saturday.

Full Story >>

Seven Naxals arrested in Chhattisgarh`s Dantewada

Updated: Jun 24, 2017 17:47 IST     

Dantewada (Chhattisgarh) [India], June 24 (ANI): Seven Naxals of Jan Militia were arrested in a joint operation of Central Reserve Police Force (CRPF) and Police in Dantewada's Kuakonda on Saturday.

Full Story >>

Mumbai (Maharashtra) [India], June 24 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Saturday announced that the state government has decided to waive off Rs. 34,000 crores in loans and added all ministers and MLAs will give a month's salary to support the loan waiver.

Full Story >>

New Delhi [India], June 24 (ANI): Defence expert Praful Bakshi on Saturday said the meeting between Prime Minister Narendra Modi and U.S. President Donald Trump would be of great significance.

Full Story >>

New Delhi [India], June 24 (ANI): The Communist Party of India (Marxist) demanded identification of the political connections of the criminals and appropriate action in a case where a youth was murdered after a scuffle broke out in a train over a seat in Haryana's Palwal.

Full Story >>

New Delhi [India], June 24 (ANI): In wake of the ongoing political conflict between Bihar Chief Minister (CM) Nitish Kumar and Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav over the upcoming presidential polls, Member of Parliament (MP) Shatrugan Sinha urged both leaders to resolve their conflict for the benefit of Bihar.

Full Story >>

Rhino horn, Tokay Gecko worth over Rs two crore seized in WB

Updated: Jun 24, 2017 17:07 IST     

Alipurduar (West Bengal) [India], June 24 (ANI): The Sashastra Seema Bal (SSB) and forest department in a joint operation arrested a person with a Rhino horn and Tokay Gecko worth over Rs two crore.

Full Story >>

Pak violates ceasefire in Poonch sector

Updated: Jun 24, 2017 17:06 IST     

Poonch (Jammu and Kashmir) [India], June 24 (ANI): Pakistan on Saturday violated the ceasefire along the Line of Control (LoC) in Jammu and Kashmir's Poonch sector.

Full Story >>

Film actors joining politics ruined Tamil Nadu: Swamy

Updated: Jun 24, 2017 16:50 IST     

New Delhi [India], June 24 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy on Saturday took a jibe at Rajinikanth, who recently expressed his intentions to join politics, saying Tamil Nadu has been ruined because of film actors joining politics.

Full Story >>