GST Council meeting: Tax cut on Covid drugs, sanitiser to be discussed tomorrow
· Finance Minister Nirmala Sitharaman will convene the GST Council meeting on Saturday. In this 44th GST meeting, the key discussion will be on GST concessions on Covid-19 relief items like medical grade oxygen, pulse oximeters, hand sanitisers, and ventilators, among others. Several state finance ministers have pitched for a rate cut on Covid-19 essentials.
· Besides, the council will discuss the report of the Group of Ministers, headed by Meghalaya Deputy Chief Minister Conrad Sangma into vaccines, drugs, and medicines for coronavirus treatment and testing kits for its detection.
· Finance Minister Nirmala Sitharaman will convene the GST Council meeting on Saturday. In this 44th GST meeting, the key discussion will be on GST concessions on Covid-19 relief items like medical grade oxygen, pulse oximeters, hand sanitisers, and ventilators, among others. Several state finance ministers have pitched for a rate cut on Covid-19 essentials.
· Besides, the council will discuss the report of the Group of Ministers, headed by Meghalaya Deputy Chief Minister Conrad Sangma into vaccines, drugs, and medicines for coronavirus treatment and testing kits for its detection.
Securities in Ban For Trade Date 14-JUNE-2021: F&O Segment.
BHEL
CANBK
IBULHSGFIN
NATIONALUM
SUNTV
BHEL
CANBK
IBULHSGFIN
NATIONALUM
SUNTV
DHFL Takeover by Piramals:
Banks/Creditors Claims: Rs. 100,064 Crores.
Piramals Bid: 37,250 Crores
Bank Write-offs: 50,000 Crores
Other creditors/FD holders lose 13000 crores.
Fixed Deposit holders to receive NOTHING.
Equity shareholders to be written off.
Stock to be delisted.
Banks/Creditors Claims: Rs. 100,064 Crores.
Piramals Bid: 37,250 Crores
Bank Write-offs: 50,000 Crores
Other creditors/FD holders lose 13000 crores.
Fixed Deposit holders to receive NOTHING.
Equity shareholders to be written off.
Stock to be delisted.
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