Services provided by the Housing Society Resident Welfare Association (RWA) not to become expensive under GST; There is no change made to services provided by the Housing Society (RWA) to its members in the GST regime.

There are some press reports that services provided by a Housing Society [Resident Welfare Association (RWA)] will become expensive under GST.




No GST on Annual subscription/fees charged as lodging/boarding charges by educational institutions from its students for hostel accommodation;

There are some reports that GST@18% will be levied on annual subscription/fees charged for lodging in hostels.




President of India to visit West Bengal from July 14 to 15, 2017

The President of India, Shri Pranab Mukherjee will visit West Bengal from July 14 to 15, 2017.




Global Crude oil price of Indian Basket was US$ 46.95 per bbl on 12.07.2017

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 46.95 per barrel (bbl) on 12.07.2017.




DIPP to set up India’s first TISC in Punjab

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, Government of India, signed an Institutional agreement with the Punjab State Council of Science and Technology in New Delhi