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GST council meets in Assam to remove more items from 28% slab

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
Finance Minister Arun Jaitley has justifying how the new tax regime, introduced in July 1 this year, had been guided by the principles of equivalence and revenue neutrality, as the old regime, where the central excise was embedded in the cost, so people didn’t realize and with the cascading effect of excise, VAT, the taxes added up to 31 per cent. Keeping with the equivalence principle, that is how the 28 per cent GST slab was born.
Jaitley further informed that the GST Council in the last 3 to 4 meetings has slashed rates on over 100 items, thereby bringing them down either from 28 per cent to 18 per cent or from 18 per cent to 12 per cent and has been gradually bringing them down. As the revenue collections neutralise, the Council suggests that the rate must prune it and that is the pattern in which the Council has so far been functioning.

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HC, Mukul slam political appointments for decaying governance

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
The Meghalaya High Court while ordering the cancelling of teachers’ appointment of LP School since the infamous white ink fiasco was at a gigantic proportion. Chief Minister Dr Mukul M Sangma while reacting to the court’s observation added that this is the eye-opener for political references for jobs. It is indeed that such political appointments is one of the main causes of decaying governance, at the same time meritorious youth have gone into depression due to unemployment.

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Unorganized dumping of waste in Meghalaya turning into nightmare for city-dweller

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
Meghalaya is now turning into a state immune to fall of laurels- first from electricity energy surplus state to energy power deficit, from Educational Hub to educational scam, world highest rainfall state to water scarcity, than from natural environment to unplanned development of concert jungle, the list goes on. The core of the problem lies in the rapid growth of population, which also means the state is progressive, however, due to unplanned- development of infrastructure, to meet the demand of the basic necessities, the cities are now being chocked by garbage, which have attracted the attention of National Green Tribunal and the Meghalaya High Court as well; demanding restoration of Clean and Green State.

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Modi invites global investors, while Meghalaya needs innovative business plan

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
Prime Minister Narendra Damodardas Modi on November 3, 2017 invited global investors to do business in India, claiming that the Bharatiya Janata Party-led National Democratic Alliance government has repealed archaic laws and launched attractive fiscal incentives making it easier to do business in India. He also stated that India is one of the fastest growing economies in the world; Modi said it was an opportune time for global businesses to invest in the country. He was speaking at the gathering of global businessmen at the inauguration of World Food India 2017 in New Delhi.

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Sonowal moots direct flight to Singapore to promote trade and tourism

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
Assam Chief Minister Sarbananda Sonowal has taken a keen interest in promoting tourism in the state the moment he took charge. His Tourism minister Himanta Biswa Sarma, in September last year unveiled a new logo of Assam Tourism with the tagline - Awesome Assam, while on November 1, 2017, he urged Singapore Foreign Affairs Minister, Vivian Balakrishnan to facilitate direct flight from Singapore to Guwahati to boost air connectivity and improve trade and commerce.
On the other hand, Sonowal and his counterpart, Meghalaya Chief Minister, Dr Mukul M Sangma are moving the Central Government seeking exemption of the registration of Aadhaar, claiming there was “lots of confusion” with regards to registration for Aadhaar number and are thus seeking “complete clarity” on the matter relating in tackling the influx.

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