New Delhi : Slamming the Centre over rising fuel prices, former petroleum minister M Veerappa Moily on Saturday said the government is solely responsible for the “illogical price regime” and demanded that petrol and diesel be brought under the purview of the GST regime. Moily said India levies one of the highest taxes on petrol […]

Mangaluru : The officials from the Preventive Unit of Central GST (CGST) have arrested two persons from Sirsi, Uttara Kannada, involved in a fake invoice racket that had resulted in GST evasion of Rs 17 crore. The arrested are Suresh Chatrabhoja Bhanushali and Shridhar Hegde, owners of M/s Shrinivas Traders and M/s Shyam Traders, Sirsi. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]