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Govt to consider bringing petrol, diesel under GST

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An Indian ministerial panel on the country’s goods and services tax will consider taxing petroleum products under a single national rate, according to people familiar with the matter, opening the door for a potentially major change in consumer prices and government revenue.

The panel, headed by Finance Minister Nirmala Sitharaman, will examine the proposal at its meeting Friday after an Indian court asked for the matter to be taken up, the people said, requesting not to be identified as the agenda of the meeting isn’t public.

A spokesperson for the finance ministry didn’t immediately respond to calls for comment.

Any change to the GST system would require approval by three-fourths of the panel, which includes representatives from all states and territories some of which have resisted incorporating fuels into the system as they would be handing over a key revenue-raising tool to the central government.

The move to a uniform levy for fuel, discussions of which were reported earlier by CNBC-TV18, would help soften gasoline and diesel prices, which have been testing records in recent months mainly due to taxes imposed by the federal and state governments.

Levies make up more than half of fuel costs in the country, a sore point for the inflation-targeting Reserve Bank of India as it seeks to keep borrowing costs low to support economic recovery from the pandemic. Diesel and gasoline make up more than half of the country’s fuel consumption.

At its meeting Friday, the GST panel also plans to consider extending concessions on some drugs used in Covid-19 treatment for another three months until Dec. 31, the people said. The government will also likely present options on compensating states for their GST losses beyond next year

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Navi Mumbai Police Arrest African National With Rs 1 Crore Worth Of Cocaine In Ulwe

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The Anti-Human Trafficking Unit (AHTU) of Navi Mumbai Police arrested Jeorge Ocante DaSilva, a 35-year-old native of Guinea, on Monday for possessing 410 grams of cocaine, allegedly intended for illegal sale. Acting on a tip-off, API Alka Patil of the AHTU led a raid at RM Heights Building in Ulwe, where DaSilva was found in possession of the narcotics.

Around 2:30 p.m. on October 28, officers discovered 410 grams of cocaine, valued at approximately Rs 1,02,50,000, hidden in DaSilva’s bedroom. Authorities also seized a mobile phone, a black Tabata weighing scale, scissors, plastic packaging bags, and a sky bag, bringing the total seizure value to Rs 1,02,55,610.

An FIR was filed at Panvel City Police Station under Sections 8(a) and 21(a) of the Narcotic Drugs and Psychotropic Substances (NDPS) Act. Dasilva was presented in court and remanded to police custody until October 31, 2024. Investigations are ongoing, with the Crime Branch seeking potential accomplices and sources of the narcotics. Notably, Dasilva has a prior NDPS case registered at Nahar Police Station in Mumbai.

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Taloja Society Chairman Detained For Allegedly Abusing Residents And Objecting To Diwali Decorations

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The chairman of a housing society in Taloja Phase One has been detained by Taloja police following allegations of verbal abuse toward residents, including women, and objections to Diwali lighting in the complex. The incident occurred on Tuesday night, sparking outrage among residents.

According to the police, the chairman is accused of abusing a woman with intent to insult her modesty, provoking a breach of peace, and engaging in criminal intimidation. A formal complaint was filed, and the chairman was promptly taken into custody.

The situation intensified after a video of the incident went viral on social media platform X (formerly Twitter), showing a group of men, allegedly from the housing society, verbally abusing residents and threatening to halt Diwali decorations. The video received widespread attention, with users expressing shock over the treatment of residents.

Police officials confirmed that the chairman’s detention is part of an ongoing investigation into the incident. Residents are awaiting further action as authorities work to address the disturbance and ensure the safety of the community amid Diwali festivities.

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Thane Sees Surge of Nomination Filings for 2024 Vidhan Sabha Election

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The final day for filing nominations for the 2024 Vidhan Sabha General Election witnessed a surge of candidates in Thane district, with a total of 281 applications submitted across 18 assembly constituencies. This high turnout signals a competitive race for seats in the upcoming election.

Among the nominees, 114 candidates represent various political parties, while 167 have filed as independents, reflecting a diverse array of participants aiming to represent Thane’s voters. Nominations were filed throughout the day with election decision officers at each constituency, marking an essential step in the electoral process.

Collector and District Election Decision Officer Ashok Shingare announced that the scrutiny of these nomination forms is scheduled for October 30, 2024. Following this verification process, candidates who wish to withdraw their names from the race may do so until November 4, 2024.

As the election date approaches, Thane’s political landscape appears more dynamic than ever, with a record number of candidates ready to contest the assembly seats, making for an engaging electoral season for voters and candidates alike.

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