Goodbye 2021
Hours later, Yadav hit back, saying that the agencies wanted to target Pushpraj Jain but raided the other businessman by mistake. He also alleged that the money found at Piyush Jain’s house belonged to the BJP. On Friday, he said his earlier assertion was vindicated. “Today’s raids are being done out of frustration to overcome the earlier mistake wherein the BJP supporter was taken for a SP man,” he added.
But Sitharaman countered the Opposition leader, saying the cash recovered from Piyush Jain’s house was not BJP money, and that the raid was at the correct address and not the outcome of mistaken identity. She said the raids, which were based on actionable intelligence, seemed to have “shaken” former chief minister.
“If he is so sure to say that it is BJP’S money, how does he know? Only if you are running a business in partnership with someone would you know whose money is parked. He (Jain) must be their partner that’s why they are saying with so much surety that it is BJP’S money,” she said. She also dismissed allegations that the wrong person had been raided. veys,” said the official.
The person added that the rapid nature of Omicron’s spread would complicate containment efforts. “This is far more transmissible variant than what we have seen before; therefore, after a point, containment measures or contact tracing will be pointless. Each of us will have to look out for ourselves,” the official added.
The government also advised states to boost testing efforts.
Experts around the wold have stressed on the need to focus on mitigation measures – steps that can help manage the disease for those that need attention the most, since the variant is causing a smaller proportion of people to become seriously ill than before.
Experts in India said the third wave is very much here. “There are early signs of third wave with consistently increasing rate of transmission and rising test positivity, especially in urban areas. With the way cases are multiplying truly exponentially, third wave is almost here,” said Giridhara R Babu, head, epidemiology, Indian Institute of Public Health.
is ultimately passed on to the consumer. ITC allows a Gst-registered business to claim levies already paid on inputs before making a final sale of the product and services that aims to prevent cascading of taxes.
The Union finance minister, who is also the chairperson of the GST Council, said at the emergency meeting held on Friday, the Council decided “to retain the status quo” and not to make duty correction from 5% to 12% from January 1 in the case of textiles. “Textile was the only issue of discussion in this emergency meet,” she said.
She said that the committee, which is looking into “rate rationalisation”, will review the issue of tax anomalies in the complex textile sector along with other items and submit its report by February. The report will be circulated to all members before the Council will take up the matter either by the end of February or in March, she added. At the 45th meeting of the Council on September 17, the apex decision-making body on indirect tax matters also decided to set up two groups of ministers (Goms) — one will examine ways to rationalise tax rates and review exemptions to boost revenues and the other to discuss ways and means of using technology to improve compliances.
Bimal Jain, chairman of the indirect tax committee at PHD Chambers of Commerce and Industry (PHDCCI) said, “There is no deferment on GST rate from 5% to 12% on footwear w.e.f. January 1, 2022, which is also one of unorganised sector... this hike in GST rates will make footwear expensive .”