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Kalyan Banerjee: সোমবার মোদী-কল্যাণের এক ফ্রেমে ছবি, তুঙ্গে 'সেটিং-পোস্টার' বিতর্ক

Kalyan Banerjee: সোমবার মোদী-কল্যাণের এক ফ্রেমে ছবি, তুঙ্গে 'সেটিং-পোস্টার' বিতর্ক

India.com4 days ago
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Kalyan Banerjee: সোমবার মোদী-কল্যাণের এক ফ্রেমে ছবি, তুঙ্গে 'সেটিং-পোস্টার' বিতর্ক | Zee 24 Ghanta
Kalyan Banerjee: Monday Photo of Modi and Kalyan in One Frame Sparks 'Setting-Poster' Controversy
Kalyan Banerjee: Monday Photo of Modi and Kalyan in One Frame Sparks 'Setting-Poster' Controversy
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Updated:
Aug 12, 2025, 11:05 PM IST
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Kalyan Banerjee: Monday Photo of Modi and Kalyan in One Frame Sparks 'Setting-Poster' Controversy
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Want GST 2.0 to be Good and Simple Tax not Growth Suppressing Tax: Cong
Want GST 2.0 to be Good and Simple Tax not Growth Suppressing Tax: Cong

Time of India

time23 minutes ago

  • Time of India

Want GST 2.0 to be Good and Simple Tax not Growth Suppressing Tax: Cong

The Congress Saturday demanded an official discussion paper on GST 2.0 soon for a wider debate on it and said the reform should be towards a " Good and Simple Tax " in letter, spirit, and compliance, and not the " Growth Suppressing Tax " it has become. Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency The opposition party's assertion came a day after Prime Minister Narendra Modi announced that GST rates will be lowered by Diwali, bringing down prices of everyday use items, as his government looks to reform the eight-year-old regime that has been plagued by litigation and evasion. Congress general secretary in-charge of communications, Jairam Ramesh , said that for well over a year and a half at least, the party has been calling for a radically transformed GST 2.0. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dhoni's Exclusive Home Interior Choice? HomeLane Get Quote Undo Noting that a transformed GST 2.0 was a key pledge in the Congress manifesto for the 2024 Lok Sabha elections, Ramesh on Friday said the prime minister seems to have finally woken up to the fact that economic growth will simply not accelerate unless this transformation takes place and increases private consumption and private investment. "Over the last seven years, the spirit of GST has been vitiated by an increased number of rates and the granting of multiple exemptions. The structure also seems to have facilitated evasion. There must be a drastic reduction in the number of rates," he said in a statement. Live Events The Congress leader said simplification of the rate structure is essential, but must be done in a manner that minimises revenue uncertainty to states and also eliminates the classification disputes that have become so common. "The GST compensation cess expires on March 31, 2026. This must be extended to offset any revenue uncertainty from the rationalisation of the rate structure." Ramesh said the widespread concerns of MSMEs -- the major employment generators in the economy -- must be addressed meaningfully, he said, adding that apart from major procedural changes in GST, this will involve further increasing the thresholds that must apply to interstate supplies as well. Sectoral issues that have surfaced, for instance, in textiles, tourism, exporters, handicrafts and agricultural inputs, must be tackled, he said. In addition, states should be incentivised to move towards the introduction of state-level GST to cover electricity, alcohol, petroleum, and real estate as well, the Congress leader opined. "The Indian National Congress demands an official discussion paper on GST 2.0 very soon so that there can be an informed and wider debate on this vital and pressing national issue. "GST 2.0 should be truly a Good and Simple Tax (GST) in letter, spirit, and compliance, not like the Growth Suppressing Tax (GST) it has become," Ramesh said. Soon after the prime minister's announcement from the ramparts of the Red Fort on the 79th Independence Day, the Union Finance Ministry said it has proposed that most goods and services be taxed in two slabs -- standard and merit -- and a select few items be charged special rates. This is to replace the current goods and services tax (GST) structure, where sale of goods and rendering of services are taxed in four different brackets -- 5 per cent, 12 per cent, 18 per cent and 28 per cent -- with luxury and sin goods attracting a levy on top of the highest rate of 28 per cent. "This Diwali, I am going to make it a double Diwali for you," Modi had said in his address to the nation. Stating that over the past eight years, his government has undertaken major GST reforms, the prime minister said, "We have discussed with states and we are bringing next-generation GST reforms that will reduce the tax burden across the country." "Tax on items for the common man will be reduced substantially. Our MSMEs will benefit hugely. Daily use items will become cheaper, which will also strengthen our economy," he had said. GST, which subsumed a host of taxes and local levies, was rolled out on July 1, 2017.

PM Modi pays tributes to Atal Bihari Vajpayee on his 7th death anniversary
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Business Standard

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PM Modi pays tributes to Atal Bihari Vajpayee on his 7th death anniversary

A poet and statesman, Vajpayee was prime minister for over six years between 1998 and 2004 and is credited with pushing economic reforms that paved the way for a period of high growth Press Trust of India New Delhi Prime Minister Narendra Modi on Saturday paid tributes to former prime minister Atal Bihari Vajpayee on his seventh death anniversary, and said he continues to inspire everyone in building a developed and self-reliant India. Modi said on X, "Remembering Atal Ji on his Punya Tithi. His dedication and spirit of service towards the all-round progress of India continue to inspire everyone in building a developed and self-reliant India." Modi and several other dignitaries, including President Droupadi Murmu, Union ministers and Lok Sabha Speaker Om Birla, later visited his memorial 'Sadaiv Atal' here to pay tributes to the BJP stalwart. A poet and statesman, Vajpayee was prime minister for over six years between 1998 and 2004 and is credited with pushing economic reforms that paved the way for a period of high growth. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Janmashtami 2025: Traffic diverted near Iskcon Noida; check how to reach
Janmashtami 2025: Traffic diverted near Iskcon Noida; check how to reach

Time of India

time38 minutes ago

  • Time of India

Janmashtami 2025: Traffic diverted near Iskcon Noida; check how to reach

The city's traffic police will enforce several diversions on Saturday at major locations expected to witness heavy crowds for Krishna Janmashtami celebrations . Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency Traffic movement near the ISKCON Temple in Sector 33 will be rerouted. Situated along Maharaja Agrasen Marg beside the Noida Elevated Road , the temple's adjoining stretch—from the NTPC underpass to Gijhore Chowk—will be closed for vehicles in both directions. The loops connecting the elevated road near ISKCON Temple and the NTPC office will also remain shut during the festivities, although traffic flow on the elevated road itself will not be affected. Commuters heading from Gijhore towards Sector 18 and Atta Market will be redirected left towards Hoshiyarpur village, from where they can continue to City Centre. Meanwhile, those travelling from Sector 18 towards Gijhore and further to Sector 60 should take the route via Spice Mall, Adobe Crossing, and sectors 22, 23, and 54. Lakhan Singh Yadav, DCP (traffic), stated that visitors to the ISKCON Temple must park at the lot adjacent to the Adobe building. 'If the Adobe parking is flooded due to rain or reaches capacity, devotees will be directed to use the Sector 21 Noida Stadium parking,' he said. Live Events [With TOI inputs]

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