Govt. puts off decision on tax relief for COVID19 supplies
The Goods and Services Tax
(GST) Council failed to agree
on immediate tax breaks for
critical pandemic relief supplies, including COVID-19
vaccines, and constituted a
Group of Ministers to recommend individual items’ tax
rates by June 8.
Union Finance Minister Nirmala Sitharaman, chairing the Council’s first meeting in nearly eight months
on Friday, said there were
protracted discussions with
‘varying viewpoints’ on the
taxation of COVIDrelated
items and these dominated
the over eight hourparley
between the States and the
Centre.
- Student activists of the National Students' Union of India (NSUI) organised a protest outside the Ministry of Education on Friday demanding cancellation of Class XII board examinations that have been postponed due to the second COVID wave.
- The Apollo Hospital on Friday said they have started an “antibody cocktail treatment” for COVID-19 patients, who have mild symptoms and comorbidities. These are people who have the risk of developing a severe illness, the hospital said. A 65 year old man from Delhi, who has multiple comorbidities, was the first COVID-19 patient to receive “monoclonal antibody therapy”
- The recent announcement of
the ONV Literary Award to
Tamil poet and lyricist
Vairamuthu has kicked up a
row, with several actors,
- T.M. Kalliannan Gounder,
the last surviving member of
the Indian Constituent Assembly, died at the age of
101 at Thiruchengode in
western Tamil Nadu on
Friday.
- Prime Minister Narendra Modi on Friday announced a ₹1000 crore assistance for cyclone ‘Yaas’ hit Odisha, West Bengal and Jharkhand. While ₹500 crore would be immediately given to Odisha, ₹500 crore was announced for West Bengal and Jharkhand, which would be released on the basis of the damage, said the Prime Minister’s Office in a statement. The Centre would send an interministerial team to visit the States to assess the extent of damage.
- Sri Lanka on Friday invited international investment into the Colombo Port City that it described as a “fully SriLankan project”, while official sources in New Delhi said they were “keeping a close eye” on the project and its “security implications”. “If it is only a commercial venture then that is their [Sri Lanka’s] choice… We will continue to engage Sri Lanka, while watching our national interest,” said a government source in New Delhi, awaiting the final version of the Bill whose blueprint the Sri Lankan Parliament’s Speaker signed on Thursday. The ‘Colombo Port City Economic Commission Act’ is yet to be made public. Addressing concerns around the recently passed legislation on laws governing the Colombo Port City, which critics fear might be a “Chinese enclave” in the Sri Lankan capital, a team of government Ministers said the China backed $1.4 billion Port City, pitted as a financial hub, had the potential to create 83,000 jobs and bring in up to $15 billion in investments.
- Syria’s President
Bashar alAssad has
been reelected with
95.1% of the votes
cast, the Parliament
Speaker announced
on Thursday.
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