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Education, healthcare services out of GST purview: Jaitley

Education, healthcare services out of GST purview: Jaitley

New Delhi/Srinagar, May 19 (UNI) Terming that the proposed Goods and Service Tax (GST) consumer-friendly, Finance Minister Arun Jaitley today said healthcare and education sector have been kept out of its ambit. In its meeting, the GST Council has fixed four tax slabs for the services sector – five per cent, 12 per cent, 18 per cent and 28 per cent. Announcing the GST rates for services sector, Mr Jaitley said, 'The GST rates have hardly been increased. They have been either kept at the existing rate or reduced.' The restaurants having turnover of Rs 50 lakh will be taxed at five per cent while AC and non-AC restaurants to be charged at 12 per cent and 18 per cent, respectively under new regime. The luxury hotels to be taxed at 28 per cent, he said. For transport services, the GST Council has fixed the rate at five per cent. Hotels and lodges with a tariff of Rs 1,000 has been exempted from any tax. UNI ASH AE 1637

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Bullion Market Opening Rates

20 Apr 2018 | 10:56 AM

Chennai, Apr 20 (UNI) Following is the bullion
markets opening rate here today.

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Cash crunch: urgent steps needed: AIRRBEA

19 Apr 2018 | 10:02 PM

Hyderabad, Apr 19 (UNI) All India Regional Rural Bank Employees Association (AIRRBEA) on Thursday urged the Finance Ministry to take some urgent steps to overcome the acute cash crunch in banks.

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Mahindra & Mahindra launches Plush new WCV500

Mahindra & Mahindra launches Plush new WCV500

19 Apr 2018 | 8:03 PM

Hyderabad, Apr 19 (UNI) Mahindra & Mahindra Ltd, part of the USD 19 billion Mahindra Group, has
launched the Plush New XUV500 here on Thursday which sets a new benchmark in the premium
SUV segment with a bold new design, plush, luxurious interiors and higher power and torque.

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Kottayam-Kochi Rubber Market Rates

19 Apr 2018 | 7:34 PM

Kottayam, Apr 19 (UNI) Following were the Rubber Market rates announced by
the Rubber Board here today per quintal

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SME Convention to begin from April 22 in Delhi

19 Apr 2018 | 6:50 PM

New Delhi, Apr 19 (UNI) The four-day International SME convention will begin here from April 22.

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