25
Monday
September 2017
10:09 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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Kerala News
Kerala asks Centre to take steps to end profiteering on GST
 
The Kerala government has called upon the Centre to take steps to check tendency in trade and business to make undue profit following launch of the Goods and Services Tax. The state wants setting up of an Anti-profiteering Authority at the national level and the Screening Committee at the state level at the earliest.

It is also keen that the Centre publishes specific advertisements with the incidence matrix and resultant reduction in tax rate on commodities at the national level to prevent each state coming out with different figures. In a letter to Union Finance Minister Arun Jaitley, state Finance minister T M Thomas Isaac claimed that though price of many commodities has come down due to GST, the consumer is not getting the benefit of the same.

Many traders are making profit by imposing GST on the pre-GST price, he said, adding that hotels and restaurants are doing this the most. “It has been noticed that hotels and restaurants and daily consumable selling outlets instead of giving discounts because of reduction of tax or at least keeping price at the same level have increased the prices,” he alleged.

“The hotel and restaurant industry has added 12-18 per cent GST tax on the price of food fixed in the pre-GST scenario,” Isaac maintained. “This has resulted in drastic increase in the cost of food creating a negative impression on GST among people,” the minister reasoned.

He is apprehensive of likely occurrence of such tendencies in other sectors as well. Isaac felt that the detailed matrix on commodity-wise tax incidence would enable the state to take up awareness campaign, which would go a long way in controlling unreasonable pricing and avoiding resentment among people.


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
BDJS stays away from NDA convention: BJP reacts
Congress leader abuses policeman, exempted fearing protests
Huge cache of ganja unearthed
RSS against Pinarayi Vijayan's remarks
RSS trying to weaken federal structure: Pinarayi Vijayan
Fresh infant death in Attappady
Kottayam press club witnesses dramatic arrest
Changanassery student drowns in pond
Youth's genitals chopped off in Malappuram
Plea in Supreme Court to stall NIA probe into Hadiya case
Asianet News office attacked
Noose tightens around Dileep; Crucial witnesses to prove his hand
Kannur teacher rapes minor, gets arrested
Sandalwood hunt: Two arrested from train
Nepotism case: Relief for EP Jayarajan
ENTERTAINMENT NEWS
'Newton' is India's official entry to Oscars 2018
 (Mumbai, Sep 22, 2017): Hindi film "Newton", a black comedy on the foibles of democracy, has  
This Malayali made Tamil music video is the new You Tube sensation
Title song of 'Julie 2' out
Rajinikanth first choice if I make 'King Lear': Bhardwaj
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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