Search Result for : Gram Panchayat

Taxes on entertainment, cable, DTH to come down under GST

The Dollar Business Bureau The government said on Tuesday that taxes on entertainment, Direct-To-Home (DTH)  and cable services would come down in the new Goods and Services Tax (GST) as 'entertainment tax' that is imposed by the states has been included in the GST regime. The services offered through admission to cinematography films or entertainment events in cinema halls will be imposed with a rate of 28% under GST effective from July 1, the Finance Ministry said in a statement. Presently, the states levy entertainment tax of up to 100% with regard to exhibition of films in cinema halls/theatres. The entertainment tax has now been subsumed under the GST, and therefore only the taxes imposed by a municipality or panchayat on amusements and entertainments will stay. “Entertainment ...

Himachal govt issues guidelines for scientific mining

PTI Himachal Pradesh government has notified the guidelines for transparent auction and scientific mining and hiked the penalty for offences under the mining act.  The government has decided that the mining lease would be granted through open auction, officials said.   In order to curb illegal mining the state government has notified Himachal Pradesh Minor Minerals (Concession) and Minerals (Prevention of Illegal Mining,Transportation and Storage) Rules, 2015 providing for stringent punishment for illegal mining.    Imprisonment up to two years or fine up to Rs 25,000 or both has been made for those involved in illegal mining of minerals, their transportation and holding. The compounding of offence for illegal mining has been linked with quantity of illegally extracted material and in addition to the minimum compounding fee of Rs ...

CII welcomes the Union Budget, say it sends a positive signal to all stakeholders

Union budget 2016 put emphasis macro-economic stability, boosting domestic demand and structural reforms The Dollar Business Bureau The Union Minister for Finance Arun Jaitley addressing a Post Budget Interactive Session with the representatives of Indian Trade and Industry Associations (FICCI, CII and ASOCHAM), in New Delhi on Wednesday   Welcoming the Budget announcements, Sumit Mazumder, President, Confederation of Indian Industry (CII) stated, Budget 2016-17 is well-balanced and comprehensively addresses all aspects that industry was looking for, including revitalizing the rural economy, infrastructure build-up, relief for stressed assets, and simplification of taxes. Commenting on the budget 2016-17, at a post-budget interactive session with Union Finance Minister Arun Jaitley, the president of CII said, The Budget sends positive signals to all stakeholders, agriculture, industry, investors, ...