Now Reading: Green crackers allowed in Delhi-NCR, GST arrest limit raised to Rs 5 crore
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Green crackers allowed in Delhi-NCR, GST arrest limit raised to Rs 5 crore
Green crackers allowed in Delhi-NCR, GST arrest limit raised to Rs 5 crore
The Story in Brief
The Supreme Court has allowed the burning of green firecrackers in Delhi-NCR for Diwali, but with strict conditions. The court specified the days and times when crackers can be lit and banned them entirely in certain locations.
In other news, the GST Council has proposed changes to arrest and prosecution rules. The threshold for arrest on GST evasion charges is set to increase from Rs 1 crore to Rs 5 crore, which the Confederation of Indian Industry has welcomed.
IndiGo airline plans to introduce flat-bed seats in business class on new aircraft for international routes. Separately, the Confederation of Traders' Industry claimed that a large rally in Delhi led to the closure of 2.5 lakh shops and a loss of Rs 11,000 crore in a single day.
Indian Opinion Analysis
The Supreme Court has allowed green firecrackers in Delhi-NCR for Diwali, but with strict timing and location restrictions. The GST Council has proposed changes to arrest and prosecution rules under GST, including raising the threshold for arrest from Rs 1 crore to Rs 5 crore. IndiGo plans to introduce lie-flat business class seats on new aircraft for international routes. A traders' body, CTI, has claimed losses of Rs 11,000 crore from a rally at Ramlila Maidan, with 2.5 lakh shops shut. The court-ordered green cracker rules may reduce pollution but limit celebrations. The proposed GST changes could ease legal fears for businesses. IndiGo's premium seating aims to compete on long-haul routes. The CTI's loss claim remains unverified.
Source: businesstoday.in
This brief was synthesised by AI from the source linked above. Methodology and corrections.
