Tag: Nirmala Sitharaman

Ibis Kolkata The GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union Territories, met today in Goa. The GST Council has agreed to lower tax rates imposed on the hotel industry. The 37th meeting of the GST Council has decided to tax hotels with room tariff of Rs 7,500 and above at 18 per cent instead of the earlier 28 per cent. Hotels with tariffs in the range of Rs 1,000 to Rs 7,500 will have to pay GST at a rate of 12 per cent. Lastly, hotels with tariffs below Rs ... Read more

Finance Minister Nirmala Sitharaman Friday said the government will build 17 iconic sites to encourage arrival of tourists in India. “One hundred new clusters will be set up in 2019-20 to enable 50,000 artisans to come into the economic value chain,” she said. “Developing key tourist centres will have ripple effects on job creation in areas such as tour and safari guides, hotels, catering and housekeeping staff, shops at tourist spots etc. It is possible to identify 10 tourism spots in each of the larger 20 states and 5 spots in the 9 smaller states and build road and air connectivity ... Read more

BrahMos, the supersonic cruise missile of India, has been successfully tested from Rajasthan’s Pokhran test range earlier today. “The precision strike weapon with Indian-made seeker flew in its designated trajectory, and hit the target with pinpoint accuracy,” tweeted Nirmala Sitharaman, Union Defence Minister. The incredible supersonic missile travels three times the speed of sound, with a range of over 290 kilometres. The range can further be extended to over 400 km with additional booster engines. “The successful test will further bolster our national security,” added the Defence Minister. The name BrahMos came from Brahmaputra and Moskva, as it is a ... Read more