Top Headlines: Eating out could get cheaper as GST on restaurants may be cut to 12%

Times of India

Daily Newsletter | Wednesday, October 18, 2017
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Eating out could get cheaper as GST on restaurants may be cut to 12%
The GST Council is likely to back a reduction in the levy on restaurants from 18% to 12% and withdrawal of the input tax credit facility available to eateries. The proposed change in the tax rate follows complaints that restaurants were pocketing the benefit of input tax credit for taxes paid by suppliers and the tax burden on those eating out was high.
BJP questions Cong’s silence on Vadra
Nirmala Sitharaman asked, “Why the senior leadership of the Congress party, including Sonia and Rahul Gandhi, is keeping a studied silence.” Referring to Rahul Gandhi’s frequent tweets, the minister wondered why he was keeping silent on this matter.
Bust mutual fund myths, not firecrackers
This Diwali, let us bust some common MF myths instead of firecrackers.
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Tillerson to deliver major India policy speech
US secretary of state Rex Tillerson will on Wednesday deliver his first major policy speech on India, two days after finance minister Arun Jaitley ended his week-long visit to America during which he raised some of the key issues of concern with the American leadership.


Four kids die in Khandwa dist as soil near nullah caves in
Four children were killed when soil adjacent to a nullah caved in trapping them under it in Sonpura forest village of Khandwa district on Tuesday.
MSRTC stalemate on: Lakhs of passengers face hardships as buses stay off road
Lakhs of passengers were inconvenienced across Maharashtra as state transport corporation buses stayed off the road because of the indefinite strike call given by the union to demand implementation of 7th pay commission and interim relief of 25 per cent hike in salary.
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Devendra Fadnavis hints at cabinet berth for Narayan Rane
MUMBAI: Putting an end to the speculations of whether Narayan Rane, the new ally of the National Democratic Alliance (NDA), will be given a cabinet berth, chief minister Devendra Fadnavis said that the expansion of the state cabinet is on the cards after Diwali and Rane will be given the ‘respect’ he deserves.


Micromax launches 4G feature phone with BSNL at Rs 2,200
Domestic smartphone maker Micromax has launched its 4G enabled feature phone in association with state run telecom operator BSNL.
Moto G6, G6 Plus, G6 Play to launch next year: Report
It seems that Lenovo-owned Motorola is said to be working on its next generation of G series of smartphones. According to popular tipster Evan Blass, the company will launch its Moto G6, G6 Plus and G6 Play smartphones next year.
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This is Huawei’s most expensive smartphone
Chinese smartphone maker Huawei has launched its most expensive smartphone at an event in Germany.


Asia Cup hockey: Red-hot India to play Korea in Super 4s on Wednesday
An unbeaten India would start as overwhelming favourites against an under-performing but dangerous South Korea in their first match of the Super 4 stage in the 10th Asia Cup hockey tournament on Wednesday.
Kerala HC upholds BCCI appeal, Sreesanth life ban to stay
The court heard the appeal petition for the past two days and delivered its verdict, which has now for the time being ended Sreesanth’s hopes of not just playing for Kerala Ranji side in its upcoming matches but also to take part in practise sessions at any place that comes under the BCCI or any state cricket association.
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BCCI slammed over Anil Kumble birthday post
The Board of control for cricket In India (BCCI) hastily deleted a birthday message for record Test wicket-taker Anil Kumble Tuesday after irate fans took offence at the spinning great being described simply as a “former bowler”.


Nifty ends at new high; Sensex slips from record
Continuing its record-setting spree for the third session, benchmark Nifty closed at a fresh lifetime high of 10,234.45 on Tuesday amid optimism over earnings and robust buying by domestic institutional investors.
Dhanteras: Gold fails to stage good show
The yellow metal witnessed some token buying though failed to take off on Dhanteras, a day considered auspicious for buying gold, silver and other valuables and is largely celebrated in North and West India.
As Xi ascends, will economic reforms take off?
Xi is expected to signal his future economic policies when he opens a five-yearly Communist Party congress on Wednesday that will renew his tenure as general secretary.
Celebrate Diwali with offers on Raymond MTM AW’17 collection
Avail festive offers this Diwali on Raymond MTM AW’17 ceremonial collection!
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Pics: Priyanka Chopra enjoys downtime in San Francisco
Priyanka Chopra is certainly in the best phase of her life and is living it up to the fullest.
Vicky Kaushal to star with Salman in ‘Race 3’?
If new reports doing the rounds are to be believed, then Vicky Kaushal is the latest actor to join the cast after Bobby Deol.
Aishwarya, Rajkummar to shoot a romantic song for ‘Fanney Khan’
Aishwarya Rai Bachchan will be seen next in ‘Fanney Khan’, co-starring Rajkummar Rao and Anil Kapoor.
Which mutual funds are best to invest? Here’s a solution!
There is science behind choosing the best mutual fund for your portfolio.
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Copyright 2017 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

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