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  • Swedish drama 'The Square' wins Palme d'Or at Cannes film festival
  • Swedish drama 'The Square' wins Palme d'Or at Cannes film festival
Business Economy » Market
Hospitality sector in Mysuru region urge centre to reduce GST rates to save tourism

Hospitality sector in Mysuru region urge centre to reduce GST rates to save tourism

28 May 2017 | 12:03 PM

Mysuru, May 28 (UNI) The hospitality sector in Mysore region has urged the Centre to reduce the Goods and Services Tax (GST) rates announced for hotels and restaurants on the grounds that it will cripple the tourism sector.

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GST: Centre warns companies from hiking fees, says will monitor prices

GST: Centre warns companies from hiking fees, says will monitor prices

19 May 2017 | 8:03 PM

Srinagar, May 19 (UNI) With Goods and Services tax (GST) coming into force in the country from July 1, the Centre today warned companies, including MNCs, from hiking prices as it will be monitored under the anti-profiteering law.

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GST: Healthcare, education exempted, 28% charged on 5 services

GST: Healthcare, education exempted, 28% charged on 5 services

19 May 2017 | 6:49 PM

Srinagar, May 19 (UNI) The Goods and Services Tax Council today fixed the tax slabs for services in four brackets (5 per cent, 12 per cent, 18 per cent and 28 per cent) though healthcare and education sectors have been exempted from the list.

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SBI reduced int rate to 25 basis point to 8.35 pc in home loan

SBI reduced int rate to 25 basis point to 8.35 pc in home loan

16 May 2017 | 4:49 PM

Kolkata, May 16 (UNI) State Bank of India (SBI) today announced interest rate cut by 25 basis points (bps) to 8.

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Sustainable mobility solution can save Rs 3.9-lakh-cr : Report

Sustainable mobility solution can save Rs 3.9-lakh-cr : Report

12 May 2017 | 1:26 PM

New Delhi, May 12 (UNI) India can save 64 per cent of anticipated passenger road-based mobility-related energy demand and 37 per cent of carbon emissions in 2030, if it adopted a shared, electric and connected mobility future which would also result in saving of Rs 3.

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