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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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Agri Community Calls Special Meeting to Demand Navi Mumbai Airport Be Named After D.B. Patil

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The Agri community, along with like-minded associations, has convened a special meeting to reinforce their demand for naming the upcoming Navi Mumbai International Airport after social activist D.B. Patil.

The meeting, organized by the All Party Action Committee and Akhil Agri Samaj Parishad, will be held at 11 a.m. on Saturday at the Navi Mumbai Sports Association.

“This meeting aims to reiterate the long-standing demand of the local residents. D.B. Patil was a revered leader who fought for farmers’ rights, particularly during the government’s land acquisitions in the 1970s,” said an official.

The demand to name the airport after D.B. Patil has received widespread support. A resolution proposing the name D.B. Patil International Airport was previously passed and submitted to the Union government. While the Centre has approved the proposal, a formal notification is still awaited.

The meeting will focus on strategies to expedite the official announcement and ensure that the resolution is implemented without further delay.

The Agri community and supporting organizations remain firm in their stance, emphasizing that the airport should honor the legacy of a leader who championed the cause of local farmers.

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Navi Mumbai Director Duped of ₹60 Lakh in WhatsApp DP Fraud

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A 52-year-old director of a Thane-based private company lost Rs60 lakh to a fraudster who impersonated another director by using his photograph as a WhatsApp display picture (DP).

According to the police, the complainant, a Navi Mumbai resident, is one of the three directors of the company. On February 5, he received a WhatsApp message from an unknown number, with the sender claiming to be another director, who was in Dubai, and stating that it was his new number.

The next day, the fraudster inquired about the company’s account balance. Believing he was communicating with his colleague—whose photo appeared as the WhatsApp DP—the complainant provided the details. The fraudster then requested an urgent transfer of Rs60 lakh, citing funding needs for a project.

Without suspecting foul play, the complainant instructed the company’s accountant to transfer the amount to the account provided by the fraudster. However, after the transaction, the real director in Dubai contacted him, inquiring about the large sum. Shocked, the complainant realized he had been duped through WhatsApp DP fraud.

The police have registered a case and are investigating the matter. Officials have warned the public to verify fund transfer requests and avoid relying solely on WhatsApp display pictures for identity confirmation.

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Traffic Restrictions on Atal Setu for MMRDA Marathon on February 16

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The Navi Mumbai Traffic Police have announced traffic restrictions on Atal Setu (Mumbai Trans Harbour Link – MTHL) due to a marathon organized by the Mumbai Metropolitan Region Development Authority (MMRDA) on Sunday, February 16.

The marathon will take place between 4 a.m. and 12 p.m., covering the route from Sewri (Mumbai) to Chirle (Navi Mumbai). To ensure a smooth event and prevent congestion, vehicular movement on Atal Setu will be restricted from 11 p.m. on February 15 to 1 p.m. on February 16, as per an order issued by Assistant Police Commissioner (Traffic) and Additional In-charge Deputy Commissioner of Police, Traffic, Navi Mumbai, Vitthal Kubde.

The restrictions apply to all vehicles except those essential for the marathon, affecting commuters traveling between Mumbai, Pune, Uran, and JNPT. Authorities have advised motorists to use alternative routes, including Gavan Phata, Uran Phata, and Vashi for those traveling from Uran, while Pune-Mumbai traffic can use the Yashwantrao Chavan Expressway via Belapur and Vashi. Vehicles from Konkan and Panvel will also be diverted through Uran Phata and Vashi.

Exemptions have been granted to police vehicles, fire brigades, ambulances, and emergency services, as well as vehicles directly involved in the marathon.

The traffic police have urged commuters to plan their journeys in advance to avoid inconvenience.

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