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17 Mar 2018, Edition - 977, Saturday


  • The Congress and other political parties have been alleging that EVMs tampered during polls and demanding reintroduction of the ballot paper system of voting.
  • J&K Minister Altaf Bukhari sings praises for Separatist Syed Ali Shah Geelani | Bukhari: Geelani is a very big leader and my stature is too small
  • Pro-Khalistan terrorist convicted of killing former Punjab Chief Minister Beant Singh does not regreat his action, says his lawyer.
  • MS Dhoni all praise for Nepal after it was granted ODI status by the International Cricket Council (ICC)
  • Mohammed Shami issues clarification on wife’s ‘rape’ allegations
  • According to reports, a Bangladesh player broke the glass while celebrating the team’s win over Sri Lanka in the T20I Nidahas Trophy tri-series.
  • 43-year-old Tara had earlier confessed to his involvement in the assassination of Beant Singh in 1995.
  • Delhi: NCB (Narcotics Control Bureau) busts big drug racket.
  • 3 Bangladeshi nationals held in Pune | Arrested nationals said to have terror links | Accused have links with Al Qaeda affiliate | ATS to probe their terror links
  • Modi and his associates allegedly defrauded Punjab National Bank of around Rs 13,000 crore through fraudulent LOUs of PNB


Decision to slash GST rates hailed, demand to simplify filing of returns made

Covai Post Network

Image credit : Illustrative Image

The Tamil Nadu Chamber of Commerce and Industry has welcomed the GST council’s recommendation to slash GST rates on 178 items from 28 to 18 per cent and some of the items from 18 to 12 per cent and 12 to 5 per cent.

“It has watered down the impairment caused to the pride of the progressive new tax system to a great extent,” its senior president S Rethinavelu said. The trade body thanked the council for bringing down the tax rate on furniture, ceramic tiles, granite and marble slabs, electronic weighing machines, articles of cement, concrete, stone and artificial stone from 28 to 18 per cent and fly ash brick from 12 to 5 per cent on par with clay bricks and for fixing uniform 5 per cent tax on food served in A/C and non A/C restaurants.

“The reduction of umpteen number of building materials would go a long way in the revival of construction industry. Having taken cognisance of the technical glitches faced by small tax payers, the GST Council has rightly recommended for staggering of the due dates for uploading various tax returns. The complicated returns should also be simplifies,” its president N Jegatheesan said.

Appreciating the council for accepting the proposal to enhance the turnover limit for composition levy from the present Rs 1 crore to Rs 1.5 crore, the TNCCI said there is still room for reduction of tax rates for a number of products to facilitate the growth of trade and industry. It also demanded formation of a high-level trade representatives’ committee to voice their concerns directly to GST council for immediate redressal.