21
Sunday
October 2018
2:04 PM IST
News Headlines
Virat Kohli And Team India Gear Up For 1st ODI vs Windies With A Game Of Keepy-Uppy        Shuttler Srikanth out; Saina in final of Denmark Open        Amritsar tragedy: Women, children among 61 killed as rushing trains crush Dussehra revellers        Rahul Gandhi calls on Sri Lankan PM        Top Afghan Police Chief Killed In Shooting, US General Unhurt        Putin says IS seized 700 hostages in Syria; executing some        Ten-wicket Abbas destroys Australia for Pakistan's series win        Vijayan urges UAE Keralites to back salary challenge        Japan introduces Artificial Intelligence technology to ease business        Reliance Industries posts net profit of Rs 9516cr in Q2        ISL: Super-sub Maimouni Hands ATK First Win        Chris Morris returns for Australia tour        PCB chief urges Australia to return to Pakistan        Sri Lankan President assured of "fullest cooperation" by PM Modi        VP Naidu arrives in Brussels for 12th ASEM Summit        In Turkey, Pompeo discusses Iranian oil consumption, Khashoggi's disappearance        PNB Scam: ED seizes more assets of Modi, Choksi        Andhra CM visits cyclone-hit areas in Srikakulam        #MeToo fallout: MJ Akbar resigns as minister of state for external affairs        SC writ fails in Sabarimala, not a single young woman allowed by protesters        
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Kerala News
Govt wants cess on sugar, GST Council delegates power to GoM
 
(New Delhi, May 04, 2018):With the central government willing to impose a Rs 3 cess per kg of sugar, the Goods and Services Tax (GST) Council today authorised a group of ministers to take a final call on the matter. The new sugar cess will be over and above the existing levy under GST regime. Currently, sugar attracts five per cent GST.

The decision was taken at the GST Council meet. Union Minister Arun Jaitley attended the meet via videoconferencing from New Delhi. After the meeting with the state finance ministers, Jaitley said that the GST Council decided that a group of ministers should be constituted to take a final call on imposition of cess to raise funds for the sugarcane growers.

The cess will be imposed on the packaged sugar sold by the sugar manufacturing companies. The proposal to impose fresh cess on sugar is aimed at benefitting the cane farmers who are reeling under debt burden. The sugar prices have crashed recently incurring more losses to the sugar factories resulting, in turn, poor payment to cane growing farmers.

The government hopes to raise about Rs 1,540 crore that will be used to pay the dues towards cane farmers who could not be compensated by the loss making sugar factories. In Uttar Pradesh, Maharashtra and Karnataka, arrears worth Rs 19,000 crores need to be paid to farmers by sugar factories.

According to industry body Indian Sugar Mills Association (ISMA), the sugar prices have fallen by Rs 9 per kilo across the country in the last four to five months. The sugar mills are running in losses translating into huge arrears towards the cane growers. Total cane price arrear was over Rs 18,000 crore across the country as of March 15 this year.


Vijayan urges UAE Keralites to back salary challenge
Sabarimala row: Protests against SC verdict continue
Balabhaskar's wife Lakshmi shifted to ICU
Idukki dam's one shutter opened
Eight pacts signed after Modi-Putin summit
Kerala not to open Idukki dam today
Violinist Balabhaskar's wife Lekshmi slightly recovers
Red alert issued in Idukki and Malappuram
Heavy rain in Palakkad; Malambuzha dam to be opened
Sabarimala Verdict: Kerala won't file a review petition, says CM
Violinist Balabhaskar laid to rest
Sabarimala verdict: Siva Sena calls for hartal on Monday
No case will be filed against MLA P.K. Sasi
Alert issued in Munnar as the shutter of Mattuppetty dam lifted
High Court bars KSRTC strike
Soldier in me helped fight nature's might: Smiling Abhilash Tomy thanks rescuers
Flood victims to get home appliances for low cost
Violinist Balabhaskar's daughter dies in a car accident
Kannur International Airport: Kerala to be the first state with four international airports
Bar bribery case: Court dismisses the vigilance report
ENTERTAINMENT NEWS
Mohanlal's Odiyan: Official trailer launched
 Finally the wait is over. The much awaited Mohanlal film Odiyan's trailer has been released.
 
Mammootty narrates Odiyan's intro?
Sradha Kapoor as Saina Nehwal: First look poster is out.
Keerthy Suresh and Kalyani Priyadarshan joins Marakkar
INTERNATIONAL NEWS
Top Afghan Police Chief Killed In Shooting, US General Unhurt
 (Kandahar, oct 19, 2018):Gen. Abdul Razeq, one of Afghanistan's most powerful security offici
Putin says IS seized 700 hostages in Syria; executing some
Sri Lankan President assured of "fullest cooperation" by PM Modi
VP Naidu arrives in Brussels for 12th ASEM Summit
NATIONAL NEWS
Amritsar tragedy: Women, children among 61 killed as rushing trains crush Dussehra revellers
 (CHANDIGARH, oct 19, 2018):At least 61 people, including women and children, were mowed down
Rahul Gandhi calls on Sri Lankan PM
PNB Scam: ED seizes more assets of Modi, Choksi
Andhra CM visits cyclone-hit areas in Srikakulam
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