Revenue dip : CM’s meetings with key departments on Today

Monday, January 6th, 2020
CM

Bengaluru : Amidst signs of decrease in the state’s revenue due to various factors, Chief Minister B S Yediyurappa will hold meetings with officials of key revenue-generating departments, on Monday. The meeting is also expected to provide an insight into the finances of the state ahead of the budget session scheduled in March. Speculations are […]

Fishmeal, oil industries to go on indefinite strike

Thursday, August 1st, 2019
fish-meal

Mangaluru : All India Fish Meal and Oil Manufacturers and Merchants Association will stage indefinite stir from Thursday, opposing the Central government’s move to slap GST on the fish meal with effect from July 1, 2017. Former minister and All India Fish Meal and Oil Manufacturers and Merchants Association Chairman Pramod Madhwaraj told media persons […]

GST : Fake invoices fraud worth ₹ 83 crore, Two arrested

Monday, June 10th, 2019
Central Exercise

Mangaluru : Officials of the Anti-Evasion Wing at Mangalore Central GST Commissionerate have busted a fake invoices fraud worth ₹ 83 crore. They arrested two persons in this connection on Sunday. The names of the arrested persons were given as P.K. Abdul Raheem, proprietor of Thouheed Scrap Dealer, and Abdul Khadar Kuloor Chayebba, proprietor of […]

Aviation turbine fuel should be brought under GST : Suresh Prabhu

Tuesday, April 16th, 2019
suresh prabhu

Mangaluru : Union Civil Aviation Minister Suresh Prabhu said here on Monday that the problems faced by Jet Airways are owing to a financial crisis and lenders and bankers were trying to sort out the issue with the shareholders. Replying to a question at a press conference the Minister said, “Banks and lenders are working […]

After the introduction of GST, the scope of CA course has been widened: G Ramaswamy

Wednesday, December 12th, 2018
CICASA

Mangaluru : CA Students’ two day long conference “Vidwath” organized jointly by Institute of Chartered Accountants of India (ICAI) and Central India Chartered Accountant Students Association (CICASA) at Townhall, Mnagaluru on 12-12-2018. This Conference will be held on 13-12-2018 also. The President of ICAI G. Ramaswamy while addressing the gathering said, “Though chartered accountant course […]

Last 5 years, beedi industry is wasting away: Mohammed Rafi

Saturday, July 28th, 2018
beedi-workers

Mangaluru: The situation of ‘beedi’ workers is deplorable and therefore the central and state governments must come together and see to it that the working class is not cheated and provide encouragement to the beedi industry, appealed Mohammed Rafi, Secretary of Canara-Udupi District Beedi Contractor Union. Speaking at a press conference in the city he […]

Want no customs duty on raw cashew: Manufacturers

Friday, February 2nd, 2018
customs-duty

Mangaluru: The Karnataka Cashew Manufacturers’ Association, Mangaluru, has welcomed the Union government in its 2018-19 Budget proposing to cut the customs duty on raw cashew from 5 % at present to 2.5 % to encourage cashew processing industry. Secretary of the association M. Tukarama Prabhu told that cashew manufacturers expected complete relief from the customs […]

Govt, political parties must stay out of judicial crisis: PM Modi

Monday, January 22nd, 2018
narendra-modi

New Delhi: Prime Minister Narendra Modi today said the government and political parties must stay out of the unprecedented judicial crisis, gave enough indications that the upcoming Budget may not be populist and asserted his poll slogan of “Congress-free India” was not aimed at eliminating the party politically. In a wide-ranging 75-minute interview to Times […]

CITU stages dharna over price rise

Thursday, December 14th, 2017
indian-trade

Udupi: Members of the district unit of the Centre of Indian Trade Unions (CITU) staged a dharna in front of the Head Post Office here on Wednesday protesting against the increase in the prices of essential commodities. Addressing the protesters here, K. Balakrishna Shetty, vice-president of the district unit of CITU, said that the prices of […]

18% GST on homestays hurts district’s tourism prospects

Saturday, November 11th, 2017
GST

Mangaluru: Upset at the 18% GST slab on homestays, those involved in the business have written to the GST Council Secretariat not to tax homestays or reduce the rate chargeable to the bare minimum of about 3% to 5%. City-based Suresh Mathias, a pioneer in this business, said, “The GST rule suggests that all homestays […]

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