Furniture traders protest against GST

arun

Arun Kumar | June 28, 2017 | New Delhi


#Delhi Furniture Federation   #traders   #Goods and Services Tax   #GST   #Kirti Nagar  


More than 300 furniture traders, manufacturers and shop owners took to the streets of Kirti Nagar in the national capital on Wednesday, to protest against the government’s move to levy 28% GST on furniture. 

The protest – which was organised by the Delhi Federation of Furniture – demanded that the tax rate be lowered to 18%. The protesters, who came from all across the country, burned effigies of GST and shouted slogans on the arbitrariness of the government. 

 












 

 

Comments

 

Other News

15th Finance Commission to be set up

The union cabinet chaired by prime minister Narendra Modi has approved the setting up of the 15th Finance Commission. Setting up the Finance Commission is a Constitutional obligation. Article 280(1) of the Constitution lays down that a Finance Commission (FC) should be constituted "...w

Indian corporates to see improved credit profiles in 2018: Moody`s

Indian corporates will see improved credit profiles in 2018 on solid economic and EBITDA growth, while their cross-border bond maturities for the next three years are manageable, says Moody`s Investors Service. The latest rating comes close on the heels of Moody’s upgrading the country

Aadhaar-property linkage will tackle black money, cool prices

The government’s plan to seed Aadhaar with properties will not only help in flushing out black money that is parked in real estate, but also bring down prices that have gone through the roof. Black money in properties is an open secret, hardly something that will raise eyebrows. 

Brahmos missile successfully flight tested

 Brahmos, the world’s fastest supersonic cruise missile, was successfully flight tested from a Sukhoi-30MKI fighter aircraft against a sea based target in the Bay of Bengal.  The missile was gravity dropped from the Sukhoi’s fuselage and the two stage missile’s engine

REC, PVUNL sign pact to build thermal plant in Jharkhand

 REC and Patratu Vidyut Utpadan Nigam Limited (PVUNL) have inked an agreement to set up 3x800 MW Patratu super thermal power project in Jharkhand.  The project cost of Rs 18,668 crore is funded in debt and equity ratio of 75:25.  The entire debt component of project of Rs 14,000 cr

Moving people, not cars: The future of mobility and urban life

The recent tragedy at the Elphinstone Road suburban railway overpass in Mumbai is a symptom of a larger and deep-rooted malaise that can directly be traced back to the way we see our city as segments and our extraordinarily transactional relationship with it. The way we see our city is so tightly tautologi



Video

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter