Thursday, Mar 21 2019 | Time 17:24 Hrs(IST)
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  • INLD legislator Gangwa from Haryana joins BJP
  • UP BJP MLA was shot during Holi
  • Mt Everest: Melting glaciers expose dead bodies
  • No code violation in Rahul's inter-action with college students, but EC seeks 'further report' on contents of speech
  • Pending salary: Mill workers resort to novel agitation
  • Cyclone Idai: '15,000 people still need to be rescued'
  • Blast erupts in factory in Egypt's Ain Sokhna, casualties reported
  • Brexit: Theresa at Brussels EU summit to urge short delay
  • Twelve rescued after blast rocks industrial park in eastern China
  • Libya at critical juncture, UN mission head tells SC
  • CM mourns passing away of former MLA & CPI(M) leader Prof Bawant Singh
  • Pak violates ceasefire twice in a day, jawan martyred on LoC
  • Aishwarya Pissay set for Portuguese round of FIM Bajas World Cup
  • Another encounter ensues b/w militants, security forces in Baramulla
  • UN court increases sentence of former Bosnian-Serb leader
States


Increase in limit for GST exemption in Assam

Guwahati, Oct 3 (UNI) The Assam Assembly today approved increasing the limit of annual
turnover for compulsory registration for small traders as well as raising the cap for those
eligible for filing composite tax under the GST regime.
As per the changes approved through the Assam Goods and Services Tax (Amendment)
Bill, 2018, passed by the House today, the annual turnover for compulsory GST registration
has been increased to Rs 20 lakh from current Rs 10 lakh.
Finance Minister Dr Himanta Biswa Sharma said the change in the slab would greatly
benefit the small traders in the state.
He pointed that besides Assam, Meghalaya and Nagaland had got the approval from the
GST Council in its last meeting for increasing the cap to Rs 20 lakh, though the North
Eastern states were originally put together in the Rs 10 lakh cap bracket as the turnover
of most businesses was within the latter limit and pushing up the cap to Rs 20 lakh would
deprive the state government of substantial revenue.
The other major amendment passed in the Assembly increased the turnover limit from
Rs 75 lakh to Rs 1.5 crore for businesses to be eligible for filing 1% composite tax under
the GST regime.
Further, for entrepreneurs with a turnover of up to Rs 1.5, the composite tax has been
fixed at 2 per cent.
Dr Sharma said both these changes in the limit were earlier proposed by the Opposition
members of the House and the state government had got the necessary clearance from
the GST council for implementing the same.
UNI SG BM
More News

Moga police seized 683 ltr illegal liquor since model code of conduct was imposed

21 Mar 2019 | 5:22 PM

Moga, Mar 21 (UNI) In the ongoing drive against illicit alcohol and liquors, Moga district police have seized illegal liquor of 683 litres, including 110 litres of local brew 'lahan' since the Election Commission imposed the model code of conduct.

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Two children drowned in Bahuda River

21 Mar 2019 | 5:22 PM

Srikakulam, Mar 21 (UNI) Two children were drowned in at Bahuda River, Ichapuram Mandal in the district on Thursday.

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UP BJP MLA was shot during Holi

21 Mar 2019 | 5:21 PM

Lakhimpur Kheri, Mar 21 (UNI) BJP MLA from Lakhimpur, Yogesh Verma, was shot at during Holi festivites at the party office here on Thursday.

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No code violation in Rahul's inter-action with college students, but EC seeks 'further report' on contents of speech

No code violation in Rahul's inter-action with college students, but EC seeks 'further report' on contents of speech

21 Mar 2019 | 5:19 PM

Chennai, Mar 21 (UNI) Tamil Nadu Chief Electoral Officer Satyabrata Sahoo on Thursday
said he has asked a report on the contents of speech made by Congress President Rahul
Gandhi during an inter-action with women college students, though his meeting was not
violative of the Model Code of Conduct for the April 18 Lok Sabha polls.

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HRCPS urges candidates to give promise

21 Mar 2019 | 5:11 PM

Puducherry, Mar 21 (UNI) The Puducherry based Human Rights and Consumer Protection Society (HRCPS) on Thursday urged political party candidates contesting the Lok Sabha elections to give a promise to the people that they would resign if the promises given to the people could not be fulfilled within an year.

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