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Monday
September 2017
9:53 AM IST
News Headlines
Rahul 'thanks' Sushma for recognising Cong legacy        Bangla govt dismisses reports about plot to kill Hasina        India beat Aus by 5 wkts to clinch ODI series, grab No. 1 spot        Pak's UN envoy tries to pass off Gaza image as Kashmir        Kerala minister Thomas Chandy rejects encroachment charges; opposition press for resignation        Shiv Sena takes to streets against inflation, fuel price hike        Journalist KJ Singh, mother found dead: Punjab Police sets up SIT to probe case, IJU condemns the murder        We created institutions of excellence, Pakistan created terror factories: Sushma at UN General Assembly        Early count puts Bill English ahead in New Zealand election        Another powerful aftershock jolts Mexico with 6.1 magnitude        Pakistan name five upcapped players in 16-man squad for Sri Lanka Tests        Rajasthan's 'Falahari Baba' arrested for rape        LDF entry of BDJS: : Kanam breaks silence        Chandy issue: Achuthanandan takes a dig at Pinarayi        Malappuram genital chopping case: Police confused        Injustice being done, says Manju        Thomas Chandy alleges conspiracy in encroachment row        Medium-intensity earthquake in Kashmir Valley        IRCTC denies reports of some banks cards barred for payment        We don't indulge in vote bank politics: Modi        
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Business News
Cong demands rollback of GST on domestic LPG
 
New Delhi, Jul 4 (PTI) The Congress on Tuesday demanded that the five per cent Goods and Services Tax (GST) levied on domestic cooking gas (LPG) cylinder be removed as it was burdening the poor.

The domestic LPG price has shot up by up to Rs 32 per cylinder - the steepest increase in six years - following implementation of the GST.

"The price of domestic LPG cylinder has gone up by Rs 32 in parts of the country after the GST became effective. This is affecting common people, the poor especially. We demand that the GST on domestic LPG cylinder be removed immediately," senior AICC spokesperson Ajay Maken told reporters here.

Subsidised LPG rates have been increased to Rs 477.46 per 14.2-kg cylinder from Rs 446.65 in Delhi after the GST was implemented from July 1.

Before the GST came into force, two to four per cent value added tax was imposed on the LPG in some states.

Maken accused the government of not passing on the benefits of drop in global crude oil prices to people of the country.

"The government is making profits to the tune of Rs 3 lakh crore every year by not slashing prices of fuel here. On the one hand, it is making profits and on the other, it is burdening the poor by imposing GST on the LPG cylinder," Maken said.

He claimed that food and beverages, helmets, hair oil, toothpaste, tea, coffee, butter, curd, cement and mineral water were some of the items whose prices have shot up, notwithstanding the government's assurance that their rates would drop once the GST was in force.

Maken also described the GST as 'Gayi Savings Tumhari' (your savings have vanished).

The former Union minister said the government's recent decision to lower interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi by 0.1 per cent for the July-September quarter would also affect the poor including labourers.

"It is a big blow to the common people, particularly the poor, labourers. You are collecting more taxes through the GST, but are also hurting savings of the people by such a decision," he said.


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KERALA NEWS
LDF entry of BDJS: : Kanam breaks silence
 (Malappuram, Sep 23, 2017, DG): CPI State Secretary Kanam Rajendran today invited BDJS into t  
Chandy issue: Achuthanandan takes a dig at Pinarayi
Malappuram genital chopping case: Police confused
Injustice being done, says Manju
INTERNATIONAL NEWS
Bangla govt dismisses reports about plot to kill Hasina
 (Dhaka, Sep 24, 2017):The Bangladesh government today dismissed as "baseless" media reports t
We created institutions of excellence, Pakistan created terror factories: Sushma at UN General Assembly
Early count puts Bill English ahead in New Zealand election
Another powerful aftershock jolts Mexico with 6.1 magnitude
NATIONAL NEWS
Rahul 'thanks' Sushma for recognising Cong legacy
 (New Delhi, Sep 24, 2017):Congress vice president Rahul Gandhi today thanked External Affairs
Shiv Sena takes to streets against inflation, fuel price hike
Journalist KJ Singh, mother found dead: Punjab Police sets up SIT to probe case, IJU condemns the murder
Rajasthan's 'Falahari Baba' arrested for rape
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