Name: GST council reduces tax on electric cars to 5%
Uploaded: 2019-07-29T03:32:30.fff+05:30
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In a bid to boost electric mobility, the GST Council on Saturday decided to reduce tax rates on electric vehicles from 12% to 5%. For electric vehicle chargers, tax rat

GST council reduces tax on electric cars to 5%

In a bid to boost electric mobility, the GST Council on Saturday decided to reduce tax rates on electric vehicles from 12% to 5%. For electric vehicle chargers, tax rate has been reduced from 18% to 5%.&nbsp; The new rates will be effective from the 1st August. The council further approved a GST exemption for local authorities who hire electric buses. The GST rate for petrol, diesel cars, on the other hand, are in the highest bracket of 28% plus cess.

In a bid to boost electric mobility, the GST Council on Saturday decided to reduce tax rates on electric vehicles from 12% to 5%. For electric vehicle chargers, tax rate has been reduced from 18% to 5%. The new rates will be effective from the 1st August. The council further approved a GST exemption for local authorities who hire electric buses. The GST rate for petrol, diesel cars, on the other hand, are in the highest bracket of 28% plus cess.

Covid-19 vaccination sessions scheduled on Saturday and Sunday, the 27th and 28th of February, won't be held anywhere in the country as the Co-Win app is getting an upg

Covid-19 vaccination sessions scheduled on Saturday and Sunday, the 27th and 28th of February, won't be held anywhere in the country as the Co-Win app is getting an upgrade. The app is being upgraded in order to link the first phase of vaccination into the second phase starting from March 1. As of now, there is no option for self-registration on the app, as inoculation of healthcare staff and other frontline workers is being done on the basis of the database procured from concerned govt departments. The government also has the data of senior citizens based on electoral rolls. But for people with co-morbidities, who are also included in this phase starting from Monday, the option of self-registration had to be included. The self-registration option will be available from March 1 to enable senior citizens and people above 45 years of age with co-morbidities to register themselves on the app.

Chief Minister of West Bengal Mamata Banerjee hit out at the BJP moments after the Election Commission held a press briefing to announce the dates of the Assembly elect

Chief Minister of West Bengal Mamata Banerjee hit out at the BJP moments after the Election Commission held a press briefing to announce the dates of the Assembly elections in 4 states and Puducherry. Mamata Banerjee said that the government is diving people in the name of religion and now for the sake of elections, they have not only stretched the polls to 8 phases, but each phase also has been broken down into parts. A massive political faceoff has now erupted over the election dates. Mamata has also said that the dates are as per &lsquo;Bhartiya Janata Party&rsquo;s directions&rsquo;.

Strong festive sales boosted growth numbers in the final quarter of 2020 as India exited recession after two quarters of growth contraction. GDP for the October-Decembe

Strong festive sales boosted growth numbers in the final quarter of 2020 as India exited recession after two quarters of growth contraction. GDP for the October-December period is now pegged at 0.4% , the first expansion after the pandemic hit.&nbsp;India is now one of the few economies that saw growth expand in the quarter gone by.&nbsp;&nbsp;
Though technically the recession may be over but it is not all good news the govt has&nbsp;revised&nbsp;&nbsp;the&nbsp;full year GDP to reflect a contraction of 8% vs &ndash;7.7% earlier. Some of the&nbsp;internal indicators&nbsp;are also not very encouraging&nbsp;for example spending from the govt&nbsp;as well private spending have shown a contraction on a&nbsp;year on year&nbsp;basis.&nbsp;&nbsp;
It is&nbsp;definitely&nbsp;too&nbsp;early to celebrate the recovery as International ratings agency Moody&rsquo;s warns that the risk to growth forecast for India is tilted to the downside. Even JPMorgan&nbsp;has raised an alarm that&nbsp;&nbsp;a&nbsp;consumer credit crisis could derail India&rsquo;s economic recovery . For the weekend however economy watchers can enjoy the headline that India has exited recession.&nbsp;

The Election Commission of India has announced the dates for assembly elections in Assam, Kerala, Tamil Nadu, West Bengal, and Puducherry. Polls are to be held for 294

The Election Commission of India has announced the dates for assembly elections in Assam, Kerala, Tamil Nadu, West Bengal, and Puducherry. Polls are to be held for 294 seats in West Bengal, 234 seats in Tamil Nadu, 140 seats in Kerala, 126 seats in Assam, and 30 seats in Puducherry. Elections in West Bengal will be held in 8 phases, starting from March 27 to April 29. In Assam, elections will be held in three phases, starting from March 27 to April 6. Kerala, Tamil Nadu, and Puducherry will see single-phase polls. Counting for polls in four states and Puducherry will be held on May 2. This is the first major set of elections to be held in the middle of the coronavirus pandemic after the Bihar election. The poll panel has said that the safety of voters will be of utmost priority.

After contracting for two quarters in a row, the Indian economy grew by 0.4% in the October-December quarter amid the coronavirus pandemic, data from the Ministry of St

After contracting for two quarters in a row, the Indian economy grew by 0.4% in the October-December quarter amid the coronavirus pandemic, data from the Ministry of Statistics and Programme Implementation on Friday showed.
The GDP had expanded by 3.3% in the corresponding period of 2019-20, according to data released by the National Statistical Office (NSO).
In its second advance estimates of national accounts, the NSO has projected an 8% contraction in 2020-21. In its first advance estimates released in January, it had projected a contraction of 7.7% for the current fiscal as against a growth of 4% cent in 2019-20.
The economy had shrunk by an unprecedented 24.4% in the first quarter this fiscal following the coronavirus pandemic and resultant lockdowns. In the second quarter, the GDP declined 7.3% due to a perk up in economic activities.

Ace sprinter Hima Das has been inducted as Deputy Superintendent of Assam Police.

Ace sprinter Hima Das has been inducted as Deputy Superintendent of Assam Police.&nbsp;Assam Police's official Twitter handle posted a video of the ceremony in which Bhaskar Jyoti Mahanta, DGP, Assam Police, felicitated the star sprinter. Assam Chief Minister Sarbananda Sonowal was also present at the ceremony.
Addressing the gathering after her induction as DSP, Hima said that she had dreamt of becoming a police officer when she was young and it was like a childhood dream come true.&nbsp;Further, Sonowal said Hima&rsquo;s appointment as DSP will motivate the youth to pursue excellence in sports.
Hima Das, in her first competitive race in more than a year, bagged gold at the Indian Grand Prix II in the women's 200m event on Thursday. She clocked 23.31 seconds to finish first.&nbsp;
Hima, who is yet to qualify for the upcoming Tokyo Olympics, had run her last competitive race in August 2019. She had suffered a lower back injury at the 2018 Asian Games and that forced her to miss the World Championships in Doha in September 2019.&nbsp;

Tamil Nadu CM E Palaniswami on Friday declared a gold loan waiver just hours before the announcement of state election dates.

Tamil Nadu Chief Minister E Palaniswami on Friday declared a gold loan waiver just hours before the announcement of state election dates, which will bring a model code of conduct into place.
Gold loans against up to six sovereigns given by cooperative banks to farmers and the poor will be waived, the Tamil Nadu government announced.
Justifying the move, Palaniswami said the economy was yet to recover from the Covid-19 pandemic and this would help the poor redeem the gold they had pledged during the lockdown.
The gold loan schemes with low-interest rates were offered by the Tamil Nadu State Apex Co-operative bank as part of Covid relief measures. The interest rate has been fixed at 6% a year. In this, people could get ₹25,000 to ₹1,00,000 and the loan has to be returned in three months.

West Bengal CM Mamata Banerjee has announced a hike in the wages of daily wage workers under the West Bengal Urban Employment Scheme.

Ahead of the Election Commission's announcement of assembly poll dates in 5 states, West Bengal Chief Minister <a href="https://www.editorji.com/story/trouble-for-didi-siddiqullah-chowdhury-won-t-contest-from-mongolkot-1614336181636" target="_blank" rel="noopener">Mamata Banerjee</a> has announced a hike in the wages of daily wage workers under the West Bengal Urban Employment Scheme.
In a series of tweets, Mamata said, wages have been increased to ₹202 per day from ₹144 earlier for unskilled labourers, while the hike for semi-skilled labourers has been revised to ₹303 from ₹172 earlier. A new category has been introduced for skilled labour, whose wage has been fixed at ₹404 per day.
Mamata Banerjee said a total of 56,500 workers in Bengal will benefit from the move. She added that these wages are in parity with rural workers&rsquo; enhanced pay (MNREGA unskilled &amp; semi-skilled). Budget provision for this step has been made available for both FY21 &amp; FY22.

In what could spell fresh trouble for Mamata Banerjee, sitting MLA from Mongolkot in East Burdwan district, Siddiqullah Chowdhury.

In what could spell fresh trouble for Trinamool Congress chief <a href="https://www.editorji.com/story/ahead-of-poll-date-announcement-mamata-hikes-wages-for-daily-wage-labourers-1614338176937" target="_blank" rel="noopener">Mamata Banerjee</a>, sitting MLA from Mongolkot in East Burdwan district, Siddiqullah Chowdhury, one of the key faces behind the Nandigram anti-land acquisition movement, has decided not to contest from his own constituency in the upcoming assembly polls.
A News18 report said&nbsp;Chowdhury has expressed displeasure over the &ldquo;indifferent behaviour&rdquo;, &ldquo;unorganised functioning of the district leadership&rdquo; and &ldquo;lack of courtesy&rdquo;.
Quoting Chowdhury, the report said, he has informed about the poor leadership at the district level to Mamata Banerjee as well. Chowdhury reportedly said he is a &ldquo;bhumiputra&rdquo; of Burdwan and cannot be a mute spectator if the district lags behind on the path of development due to poor leadership.
In the 2016 assembly polls, Siddiqullah Chowdhury won the Mongolkot seat by a margin of nearly 12,000 votes. Mamata then made him a cabinet minister.

Congress leader Shashi Tharoor on Friday protested against the rising fuel prices by pulling an autorickshaw in the middle of the road outside the Kerala Secretariat in

Congress leader Shashi Tharoor on Friday protested against the rising fuel prices by pulling an autorickshaw in the middle of the road outside the Kerala Secretariat in Thiruvananthapuram. According to the MP, more than 100 autos joined the protest and expressed discontent against the Centre and the state government. Tharoor posted a video of him pulling an autorickshaw with rope and raising slogans against the sky-rocketing prices of fuel on his Twitter account. He was joined by several other autorickshaw drivers as well as Congress workers outside the Kerala Secretariat.

Good news for startups and FinTechs as the Prime Minister has made a big pitch for larger credit flows to head their way. Speaking at a webinar PM Modi highli

Good news for startups and&nbsp;FinTechs&nbsp;as the Prime Minister has made a big pitch for larger credit flows to head their way. Speaking at a webinar PM Modi highlighted that&nbsp;financial products will have to be tailor-made for fintech and startups.&nbsp;He expects&nbsp;India's fintech market to grow to Rs 6 lakh cr.
Addressing a webinar&nbsp;on&nbsp;the implementation of Budget in the Financial Services sector&nbsp;the Prime Minister assured the audience that the government is committed to strengthening the banking sector and the focus remains on&nbsp;taking steps to make the financial services sector vibrant, proactive and strong. PM&nbsp;Modi said that investors, depositor&rsquo;s trust and transparency is the top priority of his government.&nbsp;

Prime Minister Narendra Modi on Friday inaugurated the second Khelo India Winter Games in Gulmarg.

Prime Minister Narendra Modi on Friday inaugurated the second Khelo India Winter Games in Gulmarg and said that the event is a step towards making Jammu and Kashmir a hub of winter sports.
The Prime Minister said that the winter games show J&amp;K is eager to reach new heights of peace and development and it&nbsp;will strengthen the resolve for 'Ek Bharat, Shreshth Bharat'
Athletes from 27 states and Union Territories are competing in the Games which will conclude on March 2.
The disciplines to be competed in the Games include alpine skiing, nordic ski, snowboarding, ski mountaineering, ice hockey, and ice skating among others.

Domestic flight tickets may get cheaper for those who opt to travel with no baggage or only with cabin baggage within the permissible weight limit. Flight operators are

Domestic flight tickets may get cheaper for those who opt to travel with no baggage or only with cabin baggage within the permissible weight limit. Flight operators are allowed to give concessions in ticket prices to passengers who carry no baggage or only cabin baggage, aviation watchdog Directorate General of Civil Aviation (DGCA) has said in a circular. A passenger can carry up to 7 kilograms of cabin baggage and 15 kilograms of check-in baggage. Any additional weight is chargeable.

The United Nations and the United States have welcomed the India, Pakistan joint statement on ceasefire along the LOC saying it is a positive step.

The United Nations and the United States have welcomed the <a href="https://www.editorji.com/story/india-pakistan-agree-to-strict-adherence-of-all-agreements-along-loc-1614241213927" target="_blank" rel="noopener">India, Pakistan joint statement on ceasefire</a> along the Line of Control saying it is a "positive step".
A spokesperson for UN secretary general Antonio Guterres said that the world body chief hopes that the ceasefire agreement would "provide an opportunity for further dialogue".
Reacting to the ceasefire, White House Press Secretary Jen Psaki&nbsp;said the deal is a positive step. She added that US keeps encouraging both the countries to keep building upon this progress.
At a separate news conference, State Department spokesperson Ned Price said the administration had called on the parties to reduce tensions along the LoC by returning to the 2003 ceasefire agreement.id

Reports said that the Mahindra Scorpio car had the same registration plate as one of the cars in Ambani's security detail.

The car which was found parked near Mukesh Ambani's house in Mumbai, was stolen from Mumbai's Vikroli area and the police have identified&nbsp;its real owner, news agency ANI reported on Friday quoting Mumbai Police. The suspect who parked the car has not been identified as he was wearing a face mask and a hoodie, the police have added. The investigators have also clarified that gelatin found in the car was not military-grade but commercial-grade which is generally used in construction-related digging. Earlier, reports had said that a threat letter addressed to Mukesh Ambani was found in the car, but the police have not given any details on it.
The abandoned car outside Antilla in South Mumbai had triggered panic among security agencies on Thursday evening. Reports said that the Mahindra Scorpio car had the same registration plate as one of the cars in Ambani's security detail. The CCTV footage from the area also reportedly showed a man parking the Scorpio near Antilla and leaving in another white car. Mumbai Police have formed 8 teams to probe the case.

Nirav Modi Extradition: Mumbai's Arthur Road jail has kept a special cell ready to lodge him, an official said on Friday.

With a UK court ruling in favour of the<a href="https://www.editorji.com/story/uk-court-orders-extradition-of-fugitive-diamantaire-nirav-modi-to-india-1614250940422" target="_blank" rel="noopener"> extradition of fugitive Nirav Modi</a>,&nbsp;Mumbai's Arthur Road jail has kept a special cell ready to lodge him, an official said on Friday.
The jail official said that once Nirav Modi is brought to Mumbai, he will be kept in one of the high-security barracks.&nbsp;
The state government had submitted a letter of assurance to the Centre about the facilities, which they can provide inside the prison.
The prison department had also assured that Modi will be kept in a cell with fewer detainees. If lodged in the barrack, Modi&nbsp;is likely to get three square meters of personal space.
&nbsp;
Also Read: <a href="https://www.editorji.com/story/nirav-modi-extradition-a-timeline-of-his-arrest-in-2-billion-pnb-fraud-case-1614270800011" target="_blank" rel="noopener">Nirav Modi extradition: A timeline of his arrest in $2 billion PNB fraud case</a>

Transport and trade unions are observing a nationwide strike on Friday to protest against the rising fuel prices and the new e-way bill. More than 40,000 traders'

Transport and trade unions are observing&nbsp;a nationwide strike on Friday to protest against the rising fuel prices and the new e-way bill. More than 40,000 traders' associations are taking part in the bandh&nbsp;and several markets across the country are closed in support of the strike. Roads in several cities saw less traffic as transporters have refused to operate their vehicles as part of the protest.&nbsp;Farmer unions have also extended support to the strike.

The Punjab and Haryana High Court on Friday granted bail to Dalit activist Nodeep Kaur, who was arrested by Haryana Police in January during a labour protest.

The Punjab and Haryana High Court on Friday granted bail to Dalit activist <a href="https://www.editorji.com/story/after-farmers-global-spotlight-on-activist-naudeep-kaur-who-is-in-jail-for-a-month-1612840730926" target="_blank" rel="noopener">Nodeep Kaur</a>, who was arrested by Haryana Police in January during a labour protest.
The 23-year-old labourer and trade union activist was in jail since January 12. Her sister had also alleged&nbsp;that Nodeep&nbsp;was beaten and sexually assaulted in custody.&nbsp;
The court had earlier asked Haryana&nbsp;govt&nbsp;to explain the complaint filed against&nbsp;Kaur. Her case gained international focus after US vice president Kamala Harris' neice Meena Harris tweeted about it.
&nbsp;
Also Read: <a href="https://www.editorji.com/story/court-notice-to-haryana-govt-over-illegal-detention-of-nodeep-kaur-1613240993830" target="_blank" rel="noopener">Court notice to Haryana govt over 'illegal detention' of Nodeep Kaur</a>

The Election Commission is set to announce poll dates for Kerala, West Bengal, Tamil Nadu, Assam and Puducherry today at 4:30 pm. The announcement will kickstart the hi

The Election Commission is set to announce poll dates for Kerala, West Bengal, Tamil Nadu, Assam and Puducherry today at 4:30 pm. The announcement will kickstart the high-pitched election season that will see BJP making a bid to power in West Bengal from the ruling Trinamool&nbsp;whereas it will attempt to retain power in Assam. In Tamil Nadu, the ruling AIADMK will look to keep the power with the support of the BJp against the combined onslaught of DMK and the Congress. Kerala will see a direct contest between the ruling Left alliance and the Congress-led UDF. Puducherry has gone under President's rule just months before the Assembly polls after a spate of resignations from the ruling Congress-led alliance.

In a haul that has set alarm bells ringing, over 100 gelatin sticks and 350 detonators have been seized from a passenger at the Kozhikode railway station in Kerala

In a haul that has set alarm&nbsp;bells ringing, over 100 gelatin sticks and 350 detonators have been seized from a passenger at the Kozhikode railway station in Kerala on Friday. The explosives were found on a Chennai man travelling Chennai-Mangaluru Superfast Express. The accused has been taken into custody. The quantity of the explosive material has led to concern among the authorities. Reports said that the police are probing if the explosives were being taken for works in quarries or were being transported for terror operations or other nefarious activities.

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