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Full Group, Marital Status, Income Levels and Education y k y cm MYNTRA AMBASSADOR ‘FAKE ENCOUNTER’ MAJOR SETBACK Actor Disha Patani has been roped DNA samples of 3 men who were killed in an Pak will not allow a foreign lawyer to in as the beauty brand encounter with the Army have matched represent Kulbhushan Jadhav in Islamabad HC ambassador of Myntra LEISURE | P2 with their families TWO STATES | P7 INTERNATIONAL | P10 VOLUME 10, ISSUE 176 | www.orissapost.com BHUBANESWAR | SATURDAY, SEPTEMBER 26 | 2020 12 PAGES | `4.00 IRREGULAR by MANJUL Centre violated GST law: CAG Govt used the money for other purposes, which led to overstatement of revenue receipts and understatement of fiscal deficit AGENCIES led to an overstatement of revenue re- STATES SUFFER ceipts and understatement of fiscal New Delhi, Sept 25: The CAG has n deficit for the year. The short-crediting found that the Union gaovernment in States have not been paid their was a violation of the GST promised compensation for the very first two years of the GST im- Compensation Cess Act, 2017. ` letting go of their powers to levy plementation wrongly retained 47,272 taxes on goods and services since The issue of compensation cess is driv- MONSOON SESSION I’ve checked. There is no problem. crore of GST compensation cess that last fiscal ing a wedge between the Centre and was meant to be used specifically to com- states at the GST Council - the highest de- Give it a little time. Seems, n it is mourning SPB. pensate states for loss of revenue. The Centre says a slowdown in cision making body of the GST regime In its audit report of government the economy has meant that that had subsumed 17 different central and Patro spells out accounts, the Comptroller and Auditor not enough money is state taxes such as excise duty and VAT. General (CAG) flagged that the amount being collected by way States have not been paid their prom- DIESEL PRICE FALLS, was to be credited to the non-lapsable of cess ised compensation for letting go of GST Compensation Cess collection their powers to levy taxes on goods Assembly norms PETROL UNCHANGED fund for payment to states for loss of rev- and services since last fiscal. The Centre BHUBANESWAR: Diesel price in the enue due to implementation of GST says a slowdown in the economy has capital continued to decline Friday since 2017, but the government did not meant that not enough money is being after a two-day pause as product do so, and thus violated the GST law. collected by way of cess that is levied prices fell globally while crude The GST Compensation Cess Act, on luxury and sin goods. prices remained steady. The price 2017 provides for levy of cess for the The Centre has asked states to bor- of diesel was dropped by 20 paisa purpose of providing compensation to row for meeting the revenue shortfall. per litre while petrol prices the states for loss of revenue arising CONTRADICTORY REPORT: The CAG findings run contrary to Finance Minister Nirmala States ruled by Congress, Left, TMC and remained unchanged for the third due to implementation of GST for a pe- Sitharaman’s submissions in Parliament that states could not be compensated for AAP have opposed the move completely consecutive day. After the riod specified in the Act, CAG said. CAG revenue shortfall as there was no such provision in the law arguing that the Centre should bor- deduction, diesel price stood at ` `77.43 Friday. Petrol price was said out of the 62,612 crore GST row and provide to states, since states ` ` ` ` paused at `81.66. In the national Compensation Cess collected in 2017-18, 19), 54,275 crore out of 95,081 crore 6,466 crore and in 2018-19 it was 40,806 have given majority of their taxation capital, Oil marketing companies `56,146 crore was transferred to the non- collected was transferred to the fund. crore, CAG said adding the Centre used powers to the Centre under GST regime also cut diesel price by 18 paisa lapsable fund. In the following year (2018- The short transfer in 2017-18 was this money for other purposes which introduced in July 2017. POST NEWS NETWORK Pramilla Mallick said that per litre to `71.10 a litre down from there will be no Question `71.28 per litre, Thursday. The Bhubaneswar, Sept 25: Hour and 12 Ordinances, petrol price remained static at Going away from the con- which have been cleared by `81.06 a litre. Playback legend SPB vention, the proceedings of the state Cabinet, will be Farmer protests rock state monsoon session of the State tabled during the session passes away at 74 Assembly will be conducted for discussion. Other busi- MARKET WATCH POST NEWS NETWORK for four and half hours on nesses of the House like CHENNAI: Famed each day, Speaker Surya Zero Hour and Calling playback singer and INDEX VARIATION Bhubaneswar, Sept 25: Several Narayan Patro informed at Attention among others will farmers’ outfits from across the Padma awardee SP an all-party meeting here continue as per present prac- Balasubrahmanyam, state under the banner of All India Friday. tice, she said. SENSEX 37388.66 835.06 popular as SPB or Kisan Sangharsha Coordination Balu in the movie Patro said that the first Senior Congress legisla- BOURSES NIFTY 11050.30 244.80 Committee staged a protest here, world, who recorded day of the monsoon session tor Narasingha, however, Friday, against the controversial over 40,000 songs in will begin at 11 am while has termed the decision to DOLLAR 74.15 `0.18 farm Bills passed in the Parliament 16 languages over a the proceedings will be held suspend Question Hour as recently. from 10.30 am to 1 pm and illegal and unconstitutional. EURO 86.08 `0.28 period of five CURRENCY Farmers’ outfits like Bhaartiya decades, died Friday afternoon, his son again from 3 pm to 5 pm on “Cancelation of the GOLD `49,551 `353 Kisan Union, All India Farmers S.P.Charan said. Speaking briefly to the media each of the other days. Question Hour and earlier Union and All india Kisan outside the MGM Healthcare Hospital, Charan Sitting arrangements announcement of such a SILVER `58,723 `906 Mahasangha demonstrated near said Balasubrahmanyam passed away at 1.04 have been made in accor- thing is illegal and uncon- BULLION Master Canteen Square. They tried p.m. and thanked the hospital officials for the dance with social distancing stitutional. I strongly con- to gherao Krushi Bhawan in the didn't even consult the farmer or- Police deployed 15 platoons of po- treatment and service. In a statement issued norms, he said. Senior mem- demn this.” city but were stopped by police. ganisations nor any state. lice to prevent any incident. Friday the hospital said: "In a further setback bers, who are unable to at- After paying obituary WEATHER The protest was supported by Agriculture is a state subject, they Odisha Pradesh Congress this morning, despite maximal life support tend the session, can do so references for former measures and the best efforts of the clinical BHUB CTK political parties like Congress. are doing it for corporates and it is Committee (OPCC) president from the district head- President late Pranab Many farmer leaders, activists, anti-farmer, by all means, even Niranjan Patnaik extended the team, his condition deteriorated further and quarters or their own of- Mukherjee, former MLAs MAX 31.6° 32.2° trade union leaders and student their own farmer organisation is op- moral support to the agitation, he suffered a cardio-respiratory arrest. With fice, where video confer- Bishnu Charan Das, profound grief, we regret to inform that he TEMP activists joined the protest. posing the Bills.” The protesters which was observed nationwide encing facility is available, Madan Mohan Dutta, some MIN 27.3° 25.4° has passed away September 25 at 13.04 Forecast Suresh Panigrahi, member of burnt the effigy of Prime Minister as ‘Bharat Bandh’. Other party Patro said, adding, “They former members and po- Humidity 94% 87% hours." The hospital said, Balasubrahmanyam Generally committee, said, “Passing of the Narendra Modi with slogans of leaders were seen voicing their was on life support measures since Aug 14 for have to inform beforehand lice personnel, the House Rainfall Trace Nil cloudy sky farm Bills amidst the pandemic is ‘Ram Naam Satya Hai’ at Master concerns over the farm Bills passed severe Covid-19 pneumonia. MORE P2 about it in writing.” will adjourn for an hour on not acceptable. The government Canteen Square. Commissionerate in the Parliament recently. Government chief whip the first day Sept 29. Voda wins `20K crore Bihar polls from October 28 STF arrests 4, including AGENCIES ‘lady don’, in arms deal dispute against govt CALL ON BYPOLLS New Delhi, Sept 25: Voting for POST NEWS NETWORK Scorpio vehicle (OR02 AE 9993). Bihar assembly elections will be SEPT 29: CEC Subsequently, the STF sleuths REUTERS held in three phases October 28, NEW DELHI: The Election Bhubaneswar, Sept 25: The Special sought the help of Commissionerate November 3 and November 7 in Commission will take a call on Task Force of Crime Branch, with police to keep a watch on the gun New Delhi, Sept 25: Vodafone one of the biggest elections globally bypolls to one Lok Sabha and 64 the help of Commissionerate Police runners travelling by the particu- Group Plc VOD.L has won an in- during the COVID-19 pandemic, assembly seats on September 29 busted an illegal arms racket here lar vehicle in different areas of ternational arbitration case against followed by counting of votes after going through inputs provid- Friday.
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