The GST Council in its 50th meeting on Tuesday, presided over by Union Finance Minister Nirmala Sitharaman, exempted cancer treatment drugs, special medicines, and food for medical purpose from levy of the Goods and Services Tax
The statement was released during the one-on-one meeting between Prime Minister Modi and US President Joe Biden at the Oval Office in the White House, on Thursday.
Nepal is at real risk of being put on the greylist by the Financial Action Task Force (FATF) as there are deficiencies in both its legislation and enforcement of laws related to money laundering and terror financing, writes Prithvi Man Shrestha in The Kathmandu Post.
Pakistan's leaders have found it fit to play petty politics with 'arch enemy' India even as their country is hit by a natural calamity of unprecedented magnitude. Heavy monsoon rain, induced by climate change, has devastated nearly a third of the country. Millions are marooned and are struggling to find food, shelter and medicines.
Islamabad is buzzing with the impending news of Pakistan’s likely removal from the “grey list” of the Financial Action Task Force (FATF), the global body which combats terror financing.
The development came late Friday when FATF President Marcus Pleyer announced conclusion of the four-day plenary session in Berlin and announced approval of Pakistan's performance report, adding that an onsite visit would be done before a formal announcement.
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the FATF Ministerial Meeting in Washington D.C. on 21st April 2022, conducted along-side the 2022 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF).
Pakistan is the only country in the world that hosts thousands of terrorists, run terrorist training camps for global jihadis
Pakistan was retained on the grey list as the Paris-based UN watchdog judged it deficient in prosecuting the top leadership of UN Security Council-designated terror groups.
These will include goods at godowns, maalkhanas or any other place and will be confiscated.
