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Petrol, diesel may be brought under GST in future: Goyal

DHNS
July 3, 2017

Bengaluru, Jul 3: Union Minister for Energy Piyush Goyal interacted with members of the public on Sunday to clarify their doubts about the newly introduced Goods and Services Tax (GST).

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The interactive session was organised by the Byatarayanapura and Hebbal mandals of Bharatiya Janata Party (BJP) at the Sri Ramana Maharshi Heritage Auditorium in Sanjay Nagar.

Addressing the gathering, Goyal said, “GST is a transformative move which will benefit the poor, farmers and the middle-class the most. The credit goes not only to the prime minister but also to the different political parties for supporting it. This is an excellent example of cooperative federalism.”

Goyal and the commissioner for Central GST, Vivek Prakash then answered questions raised by the audience.

A member of the audience asked if a digital advertising company with turnover less than Rs 20 lakh sales would be exempted from GST. Goyal confirmed that it would be, as the exemption is applicable to service providers. He further added that any company which tried to falsely show turnover below the bracket would be caught.

“In GST, there is a reverse charge mechanism. Those who availed of the services will have to pay GST and through that we can know if the service provider is trying to evade tax,” he said.

When asked why petrol and diesel were not included in GST, Goyal said that states could not reach a consensus on this matter and it could be included in the future.

Answering a question on why there were tax rates higher than 28% in some cases, the commissioner said, “In some cases, the tax rate is more than 28% because of cess. This has been included to compensate states if they have a revenue-shortfall due to GST. But this is not a permanent feature and it will be removed later on.”

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Sahil
 - 
Friday, 7 Jul 2017

There are not even 200 people's even they came thinking they will get bottle to drink..God will punish them..

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News Network
July 12,2020

Bengaluru, Jul 12: KCTET 2020: Attention candidates, the Karnataka Deputy Chief Minister has confirmed the exam dates for Karnataka Common Entrance Test, KCET 2020.

As per information, KCET 2020 will be held between July 30 and July 31.

Karnataka Common Entrance Test or KCET is an examination which is held for admission to BTech courses in the state’s institutes.

The Higher Education Minister C N Ashwathnarayan, took to twitter to confirm the KCET dates. The Minister tweeted:

“The K-CET 2020 examinations will be held on the decided dates of July 30 & July 31. All the best to all the students!”

Details regarding KCET exam centers, time, and schedule will be mentioned in the admit card. Candidates can download their admit card fro the official website of KEA i.e. cetonline.karnataka.gov.in.

KCET 2020 was earlier scheduled to be held from April 22 to April 24, 2020, however, due to the ongoing coronavirus outbreak, KEA postponed KCET 2020 exams.

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News Network
January 6,2020

Bengaluru, Jan 6: Chief minister BS Yediyurappa has plenty on his plate ahead of the 2020-21 state budget to be presented on March 5 what with the economic slowdown and a sizeable shortfall in revenue, but the biggest worry is the uncertainty surrounding Goods and Services Tax (GST) compensation from the Centre.

There is also uncertainty over the state’s share under devolution of funds as per the 14th Finance Commission recommendation.

Finance department officials say that while Rs 3,500 crore is expected as GST compensation for every two months, the devolution of funds would have yielded about Rs 7,000 crore for the current fiscal. But the economic slowdown appears to have hit the Centre’s finances and is likely to impact the state’s share of funds.

“The GST payment for August-September came only in December and we are unsure how much we will get for October-November and December-January,” an official said. Estimates suggest the state’s share under devolution of funds could be reduced by half.

At a meeting of finance department officials last week, Yediyurappa is said to have admitted that unlike those states where non-BJP parties are in power — they have threatened agitations and court cases — the government cannot go “against” Prime Minister Narendra Modi’s regime.

Instead, Yediyurappa has urged senior IAS finance department officials to lobby for funds with their counterparts in New Delhi. On his part, Yediyurappa is said to have already written to Modi and finance minister Nirmala Sitharaman to at least release the state’s share of GST compensation for the current calendar year of 2019. He is planning to personally meet the PM in Delhi to push the state’s case.

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coastaldigest.com news network
August 4,2020

Bengaluru, Aug 4: Karnataka on Tuesday reported its biggest single-day spike of 6,259 Covid-19 cases and 110 fresh deaths, taking the total infection count to 1,45,830 and the toll to 2,704, the health department said.

The day also saw a record 6,777 patients getting discharged after recovery, outnumbering the fresh cases. Out of 6,259 fresh cases, a total of 2,035 cases were from Bengaluru Urban district. The previous biggest single-day record was on July 30 when the state added 6,128 cases.

A bulletin from the department said cumulatively 1,45,830 Covid-19 positive cases have been confirmed in the state and it included 2,704 deaths and 69,272 discharges. Out of the 73,846 active cases, as many as 73,212 patients were stable in isolation at designated hospitals while 634 in the intensive care units.

Among the fresh deaths, Bengaluru Urban accounted for 30 followed by Dakshina Kannada (13) and Mysuru (9).

Most of the people who succumbed either had a history of Severe Acute Respiratory Infection (SARI) or Influenza-like illness (ILI), the bulletin said. Besides Bengaluru Urban, the other districts which reported higher fresh cases on Tuesday are Mysuru 662, Kalaburagi 285, Ballari 284, Belagavi 263, Dakshina Kannada 225, Davangere 191, Dharwad and Hassan 188. Bengaluru Urban district continued to top the list of positive cases with a total of 63,033 infections, followed by Ballari 7,638 and Dakshina Kannada 6,388.

Among discharges too Bengaluru Urban tops the districts with 27,877 discharges, followed by Ballari 3,724 and Kalaburagi 3,470. A total of 14,89,016 samples had been tested so far, out of which 42,458 on Tuesday with 29,488 being rapid antigen tests.

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