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Showing posts from October, 2018

28% slab of GST is to go: Sushil Modi

Traders may get a sigh of relief as the highest rate under the GST regime, which is 28 per cent, would soon become a thing of the past. Bihar Deputy Chief Minister and GST Network panel head Sushil Kumar Modi assured this saying that it is doable in the near future. Modi also informed that looking at pace of revenue collection coming under the regime within two-three years no State would come to the Center seeking compensation due to revenue shortfall adding that the shortfall of Jharkhand has been clocked to 17 per cent, which was 26 per cent during 2017-18. Addressing traders and businessmen of Jharkhand under the banner of the Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) on Monday, Modi said that in future only three rates would remain in practice. “Rate of tax was almost similar during the pre-GST era but it was hidden since excise tax was not evident. Still the GST council is of the opinion that only three tax slab should be there. The 28 per

Groundwater Recharge Tech to End Water Woes

Bracing itself to meet the rising demand for potable water during summers, the  Delhi Government  has started testing new technology tagged “Soil Bed Water Harvesting”. On Wednesday, the Delhi Government’s Irrigation and Flood Control Departments tested this new technology near Chilla Sewage Treatment Plant, Mayur Vihar. After treating sewerage water, this technology will percolate treated water into soil and help to increase ground water table result in no drinking water scarcity in Delhi in near future. It is pertinent to mention here that, Delhi face water scarcity situation in every summer situation. Moreover, Central Ground Water Board (CGWB) also mentioned in its report that ground water level is going down and many areas in south Delhi, have already been marked as dark zone in terms of ground water levels. Presently, Delhi is getting over, 1050 cusecs of water from Haryana. According to Government database,  Delhi Jal Board  (DJB) supplies 900 Million Gallon of water