Top Headlines: GST revision: Cess on SUVs, high-end cars may rise from 15% to 25%

Times of India

Daily Newsletter | Monday, August 07, 2017
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GST revision: Cess on SUVs, high-end cars may rise from 15% to 25%
Sports utility vehicles and top-end luxury cars are expected to cost more with states and the Centre seeking to increase the cess on these vehicles to correct a so-called “anomaly”. The plan is to increase the cess from 15% to 25%.
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No change in price after GST: States to Centre
Amid pressure from some states, the GST Council will soon start publishing rates of various products to prod companies to pass on gains, including those from input tax credit. States such as Kerala, West Bengal and Bihar argued that prices have not come down after GST.
‘China will not risk war despite rhetoric’
A “face-saving” workable option is for both India and China to simultaneously withdraw their troops from the Bhutanese territory of Doklam (called Dong Lang by China) near the Sikkim-Bhutan-Tibet tri-junction, said sources in the security establishment.

CITIES MORE »

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Skeleton of senior citizen found in Andheri flat
An IT professional from the US, who hadn’t been in touch with his aged mother for over a year, found her dead in her Oshiwara based apartment on Sunday.
Congress sells `Tomato Rakhi’ in Lucknow to protest price hike
Congress workers sold ‘Tomato Rakhis’ in the city on Sunday as a mark of protest against skyrocketing tomato prices. Earlier, they had set up a `Tomato bank’ and sold tomatoes for Rs 10 per kg outside Vidhan Sabha.
UP ministers to meet cadres every month for better coordination: Amit Shah
National BJP president Amit Shah, who was in Lucknow recently, has directed all UP minister, who have been assigned districts, to meet workers and officer-bearers every month for better coordination between the government and the organisation.

TECH MORE »

Apple Watch 3 may ‘break’ iPhone ties: Report
Apple is said to be planning to reduce the reliance of the upcoming version of its smartwatch, likely to be called Apple Watch 3, on iPhones.
LG Q6 smartphone with ‘FullVision’ display to launch in India on August 10
South Korean electronics giant LG is all set to launch its latest mid-range smartphone LG Q6 in India.
YouTube Music now gets a much-desired feature
YouTube Music will now allow the YouTube Red members to download music for offline access for up to 30 days by downloading their favorite songs.

SPORTS MORE »

India vs Sri Lanka: Ravindra Jadeja suspended for Pallekele Test
Ind vs SL: India spinner Ravindra Jadeja has been suspended for the upcoming Pallekele Test after his accumulated demerit points reached six within a 24-month period following his latest breach of the ICC Code of Conduct in Colombo.
Boycott India in ICC events, Miandad tells PCB
Legendary Pakistan cricketer Javed Miandad, the veteran of 124 Tests, who also coached the national team thrice, said it was time Pakistan took a strong stance on cricket ties with India keeping in mind national interest and pride.
Arsenal win FA Community Shield
Goalkeeper Thibaut Courtois and star signing Alvaro Morata were the Chelsea fall guys as Arsenal won the Community Shield 4-1 on penalties at Wembley on Sunday.

BUSINESS MORE »

AI stake sale: Parliamentary panel to hear govt views
While a group of ministers, headed by Finance Minister Arun Jaitley, is looking into various aspects of the proposed disinvestment of Air India, the government has already decided to sell its entire 51 per cent stake in Pawan Hans Ltd (PHL), in which the rest 49 per cent holding is with ONGC.
Why Reliance is playing mentor to a bunch of tech ventures
RIL is preparing an ecosystem for entrepreneurs at the outskirts of Mumbai to home a batch of 20 entrepreneurs for testing their products and honing business plans.
No need for govt employees to visit bank to start pension: Government
There is no need for central government employees to visit banks to start pension as their copy of the Pension Payment Order (PPO) will be handed over to them at the time of retirement, the Personnel Ministry has said.

ENTERTAINMENT MORE »

Pic: Amrita Arora’s sons Azaan and Rayaan are having a blast
The celeb mom has taken to Instagram yet again to share an adorable picture of the two boys.
Pic: Sonakshi Sinha looks scintillating in orange
Taking to Instagram, the actress posted a stunning picture of herself in an orange off-shoulder dress that brought out the oomph factor in her.
Epic throwback: Tushar Kapoor with Jeetendra
Taking to Instagram, the new B-town dad shared an old monochrome throwback picture of his father Jeetendra partying with friends.
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