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EMIs of under-construction houses, renting to attract GST from July 1
Rediff.com

EMIs of under-construction houses, renting to attract GST from...

Electricity has also been kept out of the GST ambit. Come July 1 and leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the Goods and Services Tax. Sale of land and buildings will be however out of the purview of GST, the new indirect tax regime. Such transactions will continue to attract the stamp duty, according to the legislations Finance Minister Arun Jaitley introduced in the Lok Sabha on Monday for approval. Rediff.com, 19 minutes ago
Rediff.com

Operation Twilight: Chief of neo-JMB killed in Sylhet, claims police

The chief of the terror group blamed for Bangladesh's worst terror attack at a Dhaka cafe was among the four Islamist militants killed in one of the country's longest anti-terror operations in Sylhet, police said on Tuesday. "Our intelligence suggest one of the four is top neo-JMB (neo-Jamaatul Mujahideen Bangladesh) leader Musa," Police's Assistant Inspector General M Moniruzzaman said. He, however, said forensic investigation was ordered to further confirm his identity as his face was ...
 Rediff.com27 minutes ago
Rediff.com

2 cops suspended for harassing cousins under anti-Romeo drive in UP

Two policemen have been suspended for allegedly harassing and taking a bribe from a youth and his cousin, whom they had detained during the Uttar Pradesh police’s anti-Romeo drive. On March 26, sub-inspector Sanjeev Giri and constable Vimal detained a youth and his uncle’s daughter, both aged about 18, when they came to purchase medicines from their native Hashmat Ganj village, Superintendent of Police K K Chaudhari said. “The policemen said they had taken action against them ...
 Rediff.com34 minutes ago
Rediff.com

Indian-origin anti-apartheid activist Ahmed Kathrada dies

Ahmed Kathrada, South Africa's revered Indian-origin anti-apartheid activist who was one of Nelson Mandela's closest aides in his struggle to end the white minority rule, died in Johannesburg on Tuesday. Kathrada, 87, died at the Donald Gordon Hospital after complications following a brain surgery, his foundation said. Kathrada, who spent 26 years and 3 months in prison, including 18 years on the infamous Robben Island, was admitted to the hospital on March 4 initially for dehydration but ...
 Rediff.com38 minutes ago
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WC qualifiers: Australia end run of draws with 2-0 UAE victory

IMAGE: Australia's Bailey Wright, Mathew Leckie and Tomi Juric celebrate after teammate Jackson Irvine scores against the UAE during the 2018 World Cup Qualifying Asian Zone, Group B match at Sydney Football Stadium, Sydney, on Tuesday. Photograph: David Gray/Reuters Jackson Irvine and Mathew Leckie headed home corners as Australia got their World Cup qualifying campaign back on track with a 2-0 victory over the United Arab Emirates on Tuesday, ending a run of four successive draws. Jackson ...
 Rediff.com40 minutes ago
Rediff.com

Budgam encounter: 1 terrorist, 3 civilians killed

Another civilian has died in the Budgam encounter taking the death toll to three. One terrorist was killed and a stash of ammunition has been recovered. Jammu and Kashmir Chief Minister Mehbooba Mufti on Tuesday said nothing can be achieved through violence adding that the state must realize this and accept that only talks are the way forward.Mufti asserted that thousands of militants, civilians and have died in attacks and encounters."Nothing can be achieved through war and violence.
 Rediff.com1 hour ago Separatists call for strike over Budgam deaths, demand inquiry  Rediff.com2 hours ago 2 civilians killed in clashes with security forces in Budgam  Rediff.com5 hours ago 1 civilian killed as police battling militants open fire on stone pelters  Rediff.com6 hours ago
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Sensex recovers by 172 points, Nifty ends at 9,100 on positive global cues

Broader market outperformed with the S&P BSE Midcap index adding 0.7%, while S&P BSE Smallcap index gained 0.6%. The benchmark indices settled higher tracking positive trend seen in Asian and global markets after investors dismissed concerns over US President Donald Trump's ability to ability to push his agenda. The S&P BSE Sensex ended at 29,409, up 172 points, while the broader Nifty50 closed at 9,100, up 55 points. Broader market outperformed with the S&P BSE Midcap index ...
 Rediff.com56 minutes ago
Rediff.com

Explain Hafiz Saeed's detention: Pak court to government

A Pakistani court has asked the Punjab government to explain under what authority it has detained Jamaat-ud-Dawah chief Hafiz Saeed "without a trial". A Lahore high court's two-judge bench headed by Justice Syed Kazim Raza Shamsi was hearing a petition of Saeed, his aides -- Prof Malik Zafar Iqbal, Abdur Rehman Abid, Qazi Kashif Hussain and Abdullah Ubaid -- who had challenged their detention under the anti-terrorism law. After hearing the arguments of advocate AK Dogar, counsel for Saeed, ...
 Rediff.com1 hour ago

IAF transported 604 tonnes currency notes post DeMo

A total of 604 tonnes of currency notes was transported by the Indian Air Force in 33 sorties across the country after the government's decision to demonetise high-value notes last year. Minister of State for Defence Subhash Bhamre, giving the details in Rajya Sabha, said that the government had tasked the IAF to transport the currency notes and accordingly it carried out the exercise. He said that no IAF aircraft flew abroad for the purpose and charges for transporting the currency notes to ...
 Rediff.com1 hour ago
Rediff.com

Modi's 'blackmoney window' plan a complete flop

Rs 6,000-cr disclosure just four days before scheme ends With the Pradhan Mantri Garib Kalyan Yojana (PMGKY), also known as the Income Declaration Scheme (IDS)-II, coming to an end on March 31, disclosures under the scheme had not even crossed Rs 6,000 crore, said sources in the income tax (I-T) department. While an official target has not been announced, the government is believed to have asked the tax department to collect at least double of the previous scheme, the Income Declaration ...
 Rediff.com1 hour ago
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