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.
Notwithstanding India's objection, Turkish President Recep Tayyip Erdogan on Friday once again raked up the Kashmir issue, vowing that Ankara will support Pakistan's stand as it is a matter of concern to both the countries.
The Lahore anti-terrorism court has sentenced the man to imprisonment for five-and-a-half years and a fine of Rs 15,000 in each of the two cases.
“We have seen media reports that a court in Pakistan has sentenced UN-designated and internationally proscribed terrorist Hafiz Saeed in terror financing case. It is part of a long-pending international obligation of Pakistan to put an end to support for terrorism,” sources in the government said.
There has also been a certain softening of stance on the part of the Western powers, notably the US, the UK, Germany, and France, indeed the four nations that were the initial sponsors of Pakistan’s grey-listing.
The anti-terror financing body had, in October last, warned Pakistan of strong action if it fails to take measures on terror financing and money laundering by February 2020.
