Share Tweet Plus One Pin It Email Print By: Nitish Kashyap April 12, 2018 9:44 pm Change Font Size The Bombay High Court has upheld the Goods and Services Tax (GST) levied by the Central Industrial and Development Corporation of Maharashtra Limited (CIDCO) on one-time lease premium charged for letting out plots of land on lease basis. The bench of Justice SC Dharmadhikari and Justice PD Naik were hearing a writ petition filed by the Builders Association of Navi Mumbai and another realtor based out of Navi Mumbai. They challenged the levy of 18% GST on one-time lease premium charged and sought directions to refrain CIDCO from levying GST on members of the petitioner association as well as the second petitioner for such transaction. Case Background CIDCO is a special planning authority for the areas of Navi Mumbai and was incorporated on March 17, 1970 with the specific aim for creating a new planned, self-sufficient and sustainable city on the mainland across Thane … [Read more...] about Bombay HC Upholds Levy Of GST On One-Time Premium Charged For Letting Land On Lease Basis [Read Judgment]
Senate Minority Leader Charles Schumer, D-N.Y., is vowing Democrats will be "relentless" in blaming Republicans for looming Obamacare premium hikes, The Hill is reporting. Schumer noted proposals released recently revealed double-digit premium increases for next year. Insurers have cited the GOP repeal of Obamacare’s individual mandate as one of the reasons for the increases, according to The Hill. Several insurers in Maryland and Virginia are seeking the double-digit percentage increases in monthly costs for individual medical plans in 2019. The two states are the first where 2019 rate requests have been made public. "We Democrats are going to be relentless in making sure the American people exactly understand who is to blame for the rates," Schumer said. "Republicans control the House, the Senate (and) the presidency. The rates go up, especially after all their actions, it's on their back and they know it." Meanwhile, Sen. Lamar Alexander, R-Tenn., said the rate increases would … [Read more...] about Schumer Slams GOP for Increases in Obamacare Premiums
Jul 31, 10:43 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Angelo Young @angeloyoung_ 08/11/14 AT 4:00 PM They say nothing's certain except death and taxes, but car owners would certainly add auto insurance to that list. Insurance premiums are the second-most-costly part of vehicle ownership in the U.S., well ahead of general repair and maintenance. And if you’re an urban-area car owner who uses public transport more than your car, then you can be spending more on premiums than on gas.But according to the latest data on car insurance premiums, the average annual cost has actually declined from previous levels, according to data from the National Association of Insurance Commissioners analyzed by Bankrate.com, a consumer financial services company. Each year, the NAIC takes data from insurers and states and compiles a five-year running average of annual premium costs. This year’s data is the average … [Read more...] about Car Insurance Premiums 2014: Which State Has The Highest Rates?
Premiums for a popular type of health plan under the Affordable Care Act will edge downward next year, according to U.S. Health and Human Services Secretary Alex Azar. Speaking in Nashville on Thursday, Azar said premiums for a popular type of "silver" plan will drop by 2 percent in the 39 states served by the federal HealthCare.gov website. The number of marketplace insurers will grow for the first time since 2015. Azar's comments track with a broader independent analysis earlier this month. The analysis by the consulting firm Avalere Health and The Associated Press found average premiums across all plans under the Obama health law will rise 3.3 percent. The Trump administration is taking credit for market stability, but experts say premiums would be even lower but for administration attempts to undermine "Obamacare." … [Read more...] about HHS Chief Azar: Silver Obamacare Plan Premiums Drop
SECTIONS Search E-edition Customer Service Advertise Newsletters News News Local Crime Databases Education Election Politics Nation/World Special Reports Carolina College Bound Corrections Columnists Retro Charlotte Your Schools All Blogs & Columns Sports Sports Carolina Panthers Charlotte Hornets That's Racin' High Schools College Sports Charlotte Knights/MLB Other Sports Blogs & Columnists Inside the Panthers Inside the NBA Prep Insiders Scott Fowler Tom Sorensen All Blogs & Columns Politics Politics Elections The North Carolina Influencer Series RNC 2020 Business Business Banking Stocks Center Top Workplaces National Business What's in Store Development All Blogs & Columns Living Living Religion Food & Drink Health & Family Home & Garden CLT … [Read more...] about George Holding misleads on Obamacare premium increase during debate