Top

Jaitley has assured to cut GST on projects to 5 per cent: KCR

Projects such as Mission Bhagiratha, Mission Kakatiya, irrigation and power schemes are being taxed at 12 per cent now.

Hyderabad: Chief Minister K. Chandrasekhar Rao on Saturday said Union finance minister Arun Jaitely had assured that the Sept-ember 9 GST Council meeting in Hyderabad would “positively consider” the Telangana state government’s request to reduce GST on projects of public importance to 5 per cent.

Projects such as Mission Bhagiratha, Mission Kakatiya, irrigation and power schemes are being taxed at 12 per cent now.

Mr Jaitley also said the government was ready to hand over the Bison Polo Ground to construct the Secretariat, and land in the Secunderabad Cantonment to widen roads and construct flyovers on the highways to Medchal and Karimnagar.

Mr Rao said the Centre had recognised the importance of having a new Secretariat and expansion of Rajiv Rahadari, Medchal highways.

( Source : Deccan Chronicle. )
Next Story