Saturday, Oct 19 2019 | Time 22:54 Hrs(IST)
  • Fadnavis addresses 65 rallies on last day of election campaigning
  • Recounting govt's dev schemes,Amit Shah says Modi is uplifting tribals unlike Cong's 'use & throw' policy
  • India should join hand with China to isolate Pakistan: Subarmaniam Swamy
  • NSCN (IM) reposes faith in PM Modi, insists on Naga unity
  • BJP is synonymous with deceit: MP CM
  • Campaign ends for Assy polls in Haryana, Mah, bypolls in 53 Assy seats in 15 states
  • Mah campaign trail winds down for Monday's Assembly polls
  • Indian BSF showed hegemoni, says Bangladesh FM
  • Mah assy polls:Campaigning ends; 3,239 candidates in fray for 288 seats
  • Heads of Foreign Missions to visit Golden Temple, Amritsar on Oct 22
  • Development of NE priority of Modi Govt: MoS Nityanand Rai
  • Haryana assy polls : CEO urges people to vote to ensure their participation in democrarcy
  • Armies of India and Japan commence exercise Dharam Guardian in Mizoram
  • Campaign comes to an end for by elections to one Lok Sabha and five assembly seats
States » North

HP CM hails decision of cutting down of corporate tax to 22 pc

Shimla, Sep 20 (UNI) Chief Minister Jai Ram Thakur said that various announcements for the economic growth and the decision to implement important economic reforms made by Union Finance Minister during GST Council meeting held at Goa on Friday was historic.
The Chief Minister in his press statement said that the decision to reduce the corporate tax to 22 per cent is commendable and these announcements will have far reaching results and it will improve the economic situation of the country.
Chief Minister said that under the dynamic leadership of the Prime Minister Narendra Modi the country is heading towards becoming a biggest economy of the World. He said that for this the business world, young entrepreneurs and MSME areas would play important role.
He said the GST Council has recommended reduction of GST on hotels. Now rate of tax on hotels with room tariff upto Rs 1000 will be nil, the rate of tax between room tariff of Rs 1001 to 7500 will be 12 per cent. The rate tax for rooms with room tariff above Rs 7501 will now be 18 per cent. He said the elimination of 28 per cent slab entirely for hotels and rationalisation of GST rates on hotels will lead to greater investment in this sector and help in growth of tourism in the state.
The Chief Minister said that GST decisions taken in the council meeting and tax exemption will increase investment, employment and economic activities under 'Make in India' and will also increase revenue generation. He said that to accelerate the economy of the country this kind of big decision has been taken for the fifth time within four weeks.
Jai Ram Thakur hoped that this decision would bring positive results and India would emerge as a strong economy. He said that soon after the decisions taken by the council today, there has been a jump of 1900 points in the stock market, which is a good sign for the economy.
More News

BJP's Rana courts controversy by saying that Hindus must buy swords on Dhanteras for safety

19 Oct 2019 | 10:39 PM

Saharanpur, Oct 19 (UNI) Bharatiya Janata Party (BJP) leader Gajraj Rana here delivered a controversial statement that all followers of Hinduism should buy swords on Dhanteras, a Hindu festival when people generally buy utensils.

see more..
BJP gov't misusing state machinery in by-election: Akhilesh

BJP gov't misusing state machinery in by-election: Akhilesh

19 Oct 2019 | 10:39 PM

Rampur Oct 19 (UNI) Samajwadi Party president Akhilesh Yadav launched a frontal attack on the Yogi Adityanath government in Rampur alleging that the BJP government is misusing the state machinery and the voters are being intimidated.

see more..
India should join hand with China to isolate Pakistan: Subarmaniam Swamy

India should join hand with China to isolate Pakistan: Subarmaniam Swamy

19 Oct 2019 | 10:31 PM

Shimla, Oct 19 (UNI) BJP member of Parliament on Saturday said that India should join hand with China to isolate Pakistan while it was busy perpetrating terrorism within Indian territories.

see more..
BJP is synonymous with deceit: MP CM

BJP is synonymous with deceit: MP CM

19 Oct 2019 | 9:52 PM

Jhabua, MP, Oct 19 (UNI) The Bharatiya Janata Party (BJP) drew heavy political flak on Saturday when Madhya Pradesh Chief Minister Kamal Nath averred that those who paid no heed whatsoever to the state’s development during one-and-a-half decades in the saddle are “seeking accounts” of his less than a year in office.

see more..

Jammu ACB registers FIR in J&K Kashmir Bank loan fraud case of Rs 1,100 cr

19 Oct 2019 | 9:35 PM

Jammu, Oct 19 (UNI) Jammu and Kashmir Anti-Corruption Bureau on Saturday registered Preliminary Enquiry into allegations of loan case of J&K bank of Rs 1,100 crore.

see more..