Health Care

Cereals, hair oil, soaps to cost less in GST; cess on cars

Cereals, hair oil, soaps to cost less in GST; cess on cars

Motorcycles with engine of more than 350 cc will attract 3 per cent cess and an equal amount of levy will be applying to aircrafts for personal use and yachts. Mr. Jaitley said that in case the Council is unable to complete discussions, it might decide to meet again in the "near future".

The rates fixed during the meet will be charged from July 1, the scheduled date for rollout of GST which is also India's biggest tax overhaul since independence.

India's Finance and Defence Minister Arun Jaitley arrives to attend a two-day meeting of the Goods and Services Tax (GST) Council, comprising federal and state finance ministers, in Srinagar May 18, 2017. Life-saving drugs will be subject to 5 percent tax.

Vikram Mahaldar, VP & global sales head of OCM Pvt Ltd believes that after the GST is imposed, mills and buyers will have to pay extra money for fabrics made from natural fibre, as they are exempt from any taxes in most part of the country.

Fox cancels 'Scream Queens' after two seasons
This statement contradicts the fact that Season Two ended with a surprise cliffhanger, which will never be resolved at this point. Despite the writing on the wall, fans are still upset with the cancellation.


"However, segments like synthetic fabrics, the price increase can be offset, to an extent, with lower cost of inputs, which are taxed", Mahaldar told F2F.

Currently, there are 17 items in the negative list of services on which service tax is not levied. As soon as the meeting started, Jaitley informed the gathering about the sad demise of Union Environment Minister Anil Madhav Dave who passed away today at the age of 60 at his residence in the national capital.

Milk, cereals (unpackaged and unbranded), and jaggery will be exempt from any GST, while sugar, tea, coffee (except instant), and edible oil will be taxed at 5%. In all, rates for 1,211 items have been finalised. "The formula under which it is being done has also been explained and therefore nobody is going to be taken by surprise, it's not going to be very significantly different (from present)", he had said at the annual meeting of industry body CII in New Delhi on April 28. "As a member of the GST council, Odisha has been actively participating in the designing of legislations, " he said. So there will be a substantial reduction as far as those items are concerned.


  • Philippine GDP slowed to 6.4 %

    Philippine GDP slowed to 6.4 %

    Services-accounting for about half of GDP-rose 6.8% from a year earlier, while the industrial sector expanded 6.1%. PSA data also showed that manufacturing buoyed the Industry sector by posting a year-on-year hike of 7.5 percent.

    Senators Toomey, Casey react to report Trump shared classified info with Russians

    In a later tweet , Trump took aim at "LEAKERS in the intelligence community", a frequent target of his months-old administration. Former Defense Secretary and CIA Director Leon Panetta called Trump a "loose cannon" Tuesday morning in an appearance on CNN .

    Excessive caffeine led to death of teen, coroner says

    NBC News reports that the death of a 16-year-old student last month in SC has officially been deemed a caffeine overdose . A SC high school student died after ingesting a large amount of caffeine, the Richland County Coroner told WOLO .
  • Top Trump aide won't say if Western Wall is part of Israel

    Top Trump aide won't say if Western Wall is part of Israel

    Conflict seems to be brewing in regards to not only the USA embassy, but the Western Wall, as well. This is, of course, completely contrary to Trump's pro-Israel campaign rhetoric.

    Celtic's biggest win at Glasgow rival Rangers in 120 years

    Both Rangers and Celtic have an unbeaten season to their name: Celtic in 1897-98, a 100-percent Rangers the very next year. Coverage starts at 11.30am on Sky Sports 1, so if you've got a subscription tune in any time after then and before 12pm.
    Judge refers theft allegations against Uber to prosecutors

    Judge refers theft allegations against Uber to prosecutors

    If this case goes against them, it could effectively put them out of the running in the race to autonomous vehicle technology. It also compounds Uber's other legal problems, he said in an interview Friday.
  • Tourists still coming to Florida in record numbers

    Tourists still coming to Florida in record numbers

    Almost 113 million tourists — majority from the USA — visited past year , despite concerns that news events would turn them away. About 31.1 million people visited the state in the first three months, that's a 2.5 percent increase over a year ago .
    Capitals top Penguins, force Game 7

    Capitals top Penguins, force Game 7

    The Capitals appeared to be on their way to another disappointing playoff exit, falling behind 3-1 in the series after four games. Game 7 will be Wednesday night in Washington, where Crosby, perhaps the best player in the world, is expected to take the ice.

    Erdogan hopeful for breakthrough in dispute on arming Kurds

    Erdogan was quoted by Turkish media as saying he hoped the US decision would be reversed at the earliest possible opportunity. Erdogan will travel to Washington with demands that are non-negotiable, leaving little room for diplomatic maneuvering.
  • Oil prices edge up in anticipation of extended crude output cut

    Signs that oil-producing Iraq and Algeria were joining Saudi Arabia backing an extension to supply cuts also supported the price. The worldwide benchmark, Brent crude, fall to a five month low of $46.64 a barrel that put OPEC's effectiveness under doubt.
    Morning Runner: Wal-Mart Stores Inc. (WMT)

    Morning Runner: Wal-Mart Stores Inc. (WMT)

    News coverage about Wal-Mart Stores (NYSE:WMT) has trended somewhat positive this week, AlphaOne Sentiment reports. The company has a market capitalization of $231.39 billion, a price-to-earnings ratio of 17.42 and a beta of 0.09.
    Montana Deputy shot, killed in shootout

    Montana Deputy shot, killed in shootout

    According to the Gallatin County Sheriff's office, the suspects have been identified and are in custody in Missoula County. Missoula County Sheriff's say a chase began and the vehicle went over a spike strip in Powell County, but kept driving.