Indian kitchen is inflicted with ACHCHHE DIN!MON Key Baaten NOT to help the masses facing cash crunch!
Indian kitchen is inflicted with ACHCHHE DIN!MON Key Baaten NOT to help the masses facing cash crunch!
Service tax goes up to 14%, effective today
Oil crash advantage would not help much as 14 percent service tax to break the back bone of domestic economy!
'Achchhe din aa chuke hain,' says PM Narendra Modi.
Mon Key Baaten! Criticising the anti-minority comments made by Sangh Parivaar leaders, Prime Minister Narendra Modi on Monday said he would not tolerate any discrimination or violence against any community.
Indian kitchen is inflicted with ACCHE DIN!
Oil crash advantage would not help much as 14 percent service tax to break the back bone of domestic economy!
MON Key Baaten NOT to help the masses facing cash crunch!
Free market economy protagonists talks much about inequality justifying the trickling trickling growth as they are aware of the fact that this bloody inhuman Anti Nature Economy for the ruling hegemony means to create and promote Money Making Guillotines and the exclusion and ethnic cleansing have nothing to do with equality or justice.
Governance is all about free flow of capital and unabated money making. Thus, the government in the greatest Emerging market has to be business friendly!
Thus, the Nintey Nine percent masses have to suffer most and have to be declassified as HAVE NOTS as all resources have to be capyured by the HAVES!
The solution is ready made! Corporate responsibility with Tax Holiday and Tax Overload against the masses as it happens to be the curious case of GST And DTC. GST killing the federal constitutional structure of nation is meant NON Stop Business for Money making and immediate IMPACT of fourteen percent Service Tax is loaded against those Have Nots who have to pay the tax for the Haves to make money.
Thus, Finance Minister Arun Jaitley had proposed in his budget to raise service tax from 12.36 percent to 14 percent. The proposal would take effect from June 1, Monday. The tax would be levied on all services including, expect a small negative list, causing a costlier lifestyle.
People have started receiving messages from their service operators, conveying the increase in service tax rate which will have a resulting impact on the bills.
0.5 per cent hike will be brought in railways under effect from today in the AC and First Class fare and freight costs. At present, 3.7 per cent service tax is levied on the aforementioned services. From today onwards, this will go up to 4.2 per cent, as told a ministry official to media.
Jaitley had said in Budget speech, “To facilitate a smooth transition to levy of tax on services by both the Centre and the States, it is proposed to increase the present rate of service tax plus education cesses from 12.36 per cent to a consolidated rate of 14 per cent.”
Social Sector schemes means government expenditure to sustain cash liquidity as without purchasing power of this bloody Have Nots the myth of the greatest Emerging market might not be sustained at all.
Thus, Jet fuel price was hiked by a steep 7.5 per cent on Monday and rates of non-subsidised cooking gas (LPG) by Rs 10.50 per cylinder in step with global firming of rates.
The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was raised by Rs 3,744.08 per kilolitre (kl), or 7.54 per cent, to Rs 53,353.92, oil companies announced on Monday.
On May 1, ATF price was hiked by a marginal Rs 272 per kl or 0.5 per cent to Rs 49,609.84.
Following global trends, the price of non-subsidised or market-priced domestic cooking gas (LPG) was hiked to Rs 626.50 per 14.2-kg cylinder in Delhi from Rs 616 till yesterday. The price hike comes on the back of a Rs 5 per 14.2-kg cut in rates effected from May 1. Non-domestic LPG, which consumers buy after exhausting their quota of 12 bottles of 14.2-kg each at subsidised rates, will cost Rs 626.50 as against Rs 616 per 14.2-kg cylinder.
Excalibur Stevens Biswas
See realtime coverage
Nestle in soup; stock slips 3% as govt widens Maggi probe
The Hindu
- 21 minutes ago
Shares of Nestle India fell by nearly 3 per cent on Monday amid fresh concerns related to Maggi after government widened probe into alleged lapses of food safety standards in 'two-minute' noodles brand.
Highly Cited:Maggi samples being tested, report in 2-3 days; stars endorsing may face action ...Economic Times
In-depth:Maggi row: Govt warns of action against brand ambassadors ifBusiness Standard
RelatedFood Safety and Standards Authority of India »
IBNLive
Jet Airways hands over pink slips to 50 expat pilots
Business Standard
- 20 minutes ago
Jet Airways has prematurely terminated the contracts of 50 of its expatriate pilots as part of cost-cutting measures as well as reducing dependency on the high-cost overseas flight crew.
NDTV
Rupee Ends Higher at 63.70/Dollar on Rate Cut Hopes
NDTV
- 39 minutes ago
Mumbai: The rupee ended 12 paise up at 63.70 against the American currency on fresh bouts of dollar selling by banks and exporters amid huge expectations of a rate cut by the Reserve Bank tomorrow.
NDTV
April core sector output shrinks 0.4%
Business Standard
- 33 minutes ago
Output in the eight key infrastructure industries contracted in April for a second month in a row, by 0.4 per cent this time, posing a question mark over the recovery in manufacturing shown by the official Gross Domestic Product (GDP) data.
Moneycontrol.com
Government simplifies defence rules to woo foreign cos
Moneycontrol.com
- 2 hours ago
In order to provide a level-playing field to private players, the government withdrew excise and Customs duty exemptions enjoyed by the Ordinance Factory Board and defence PSUs.
Financial Times
Uber to ramp up India investment and push for regulatory changes
Financial Times
- 53 minutes ago
Uber plans to increase its investment in India by “significantly” expanding the number of cities in which it operates and pushing for better regulation of the online cab industry as the US-based taxi app tries to catch up with cut-price local rivals, the new ...
Moneycontrol.com
Maruti Suzuki shares end 2.5% higher as sales surge in May
Business Standard
- 2 hours ago
Shares of Maruti Suzuki India (MSI) today closed 2.5 per cent higher after the company reported 13.8 per cent rise in total sales in May.
Business Today
Mahindra tractors see a 20% decline in their sales in May
Economic Times
- 1 hour ago
MUMBAI: In a clear sign that the rural economy may be slowing down Mahindra & Mahindra, saw its tractor sales dropping by a fifth in May this year against the same month last financial year.
NDTV
Hero MotoCorp May Sales Down 5.4%
NDTV
- 27 minutes ago
New Delhi: Hero MotoCorp Ltd, India's largest maker of motorcycles and scooters, on Monday said its sales for the month of May fell 5.4 per cent from a year earlier.
Daily News & Analysis
Honda Motorcycle & Scooter sales up 3% in May at 3,67226 units
Economic Times
- 1 hour ago
NEW DELHI: Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) today reported a 3.28 per cent increase in total sales at 3,67,226 units in May.
Firstpost
New, simpler IT returns forms are just 3 pages: Here's what they mean for tax ...
Firstpost
- 1 hour ago
The finance ministry has given in to popular pressure and removed a few controversial requirements from the new income tax returns filing forms on Sunday.
Financial Express
BSE Sensex rises ahead of RBI meet; Sun Pharma caps gains
Financial Express
- 40 minutes ago
BSE Sensex marginally rose by 20.55 on Monday to 27,848.99 as consumer goods stocks gained on hopes that RBI would cut interest rates this week but a slump in Sun Pharma capped index's gains.
NDTV
AGS Transact Gets Sebi Nod for Rs. 1350-Crore IPO
NDTV
- 10 minutes ago
New Delhi: Payment solutions provider AGS Transact Technologies has received capital markets regulator Sebi's approval to raise up to Rs.
Business Today
Firms raise Rs 1 lakh cr from mkts in April; debt route most preferred
Business Today
- 57 minutes ago
Indian firms raised a staggering over Rs 1 lakh crore from the markets in April, with debt segment emerging as the most preferred route to garner capital for their corporate needs.
Companies shifting to 'regular feedback' from annual appraisals
Economic Times
- 3 hours ago
NEW DELHI: Employees' annual performance reviews are increasingly becoming a thing of the past, as top firms are shifting away from the traditional method to a "regular feedback", says a survey.
Firstpost
Hyundai sales go up 1.5% to 52515 units in May
Firstpost
- 5 hours ago
New Delhi: Hyundai Motor India (HMIL) today reported a 1.5 percent increase in total sales at 52,515 units in May. Sales up. Reuters.
Daily News & Analysis
Foreign investment limit raised to 40% in Adani Ports & SEZ
Daily News & Analysis
- 29 minutes ago
The RBI monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis and has fixed the cut-off points two percentage points lower than the actual ceiling.
CSL delivers "ICGS Anmol" to Coast Guard
Business Standard
- 51 minutes ago
The public sector Cochin Shipyard Ltd (CSL) today delivered the thirteenth of the series of 20 Fast Patrol Vessel "ICGS Anmol" to the Indian Coast Guard twenty days ahead of schedule.
Moneycontrol.com
Royal Enfield sales zoom 41.35% in May
Moneycontrol.com
- 2 hours ago
Domestic sales also surged 41.23 percent to 34,615 units last month from 24,509 units in May 2014, the company's parent Eicher Motors said in a filing to the BSE.
Daily News & Analysis
Indian retail market to reach $1.3 trillion by 2020
Economic Times
- 3 hours ago
SINGAPORE: India's retail market is expected to expand at $1.3 trillion by 2020 and the GDP is set to grow at 8 per cent over the next three years, making it the world's fastest-growing major developing market, a consultancy firm has forecast.


