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GST on electric vehicles may be reduced to 5%

Wednesday, June 19, 2019, 9:42 AM

India may cut the GST on electric vehicles to 5% from 12% to provide a stimulus to the sector that's a high-priority for the Modi government. The GST Council is set to take-up the proposal at its June-20 meeting, said a senior government official aware of the development. "There is a proposal to cut tax rates on EVs among other issues," the official told.
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Trump's Defense Secretary Pick Quits As Reports Emerge Of Family Violence

Wednesday, June 19, 2019, 9:14 AM

Acting Defense-Secretary Patrick Shanahan abandoned his quest for the top-Pentagon-job on Tuesday as reports emerged of domestic-violence in his family, plunging the leadership of the US military into new uncertainty just as tensions with Iran are rising. Shanahan said he made the decision, first announced by US-President Trump in a tweet, to prevent his three-children from reliving "a traumatic chapter in our family life."
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Egypt's Former President Mohamed Morsi Quietly Buried In Cairo

Wednesday, June 19, 2019, 9:12 AM

Egypt's first democratically elected president Mohamed Morsi was buried Tuesday, as the UN backed calls for an independent investigation into his death after he collapsed in a Cairo courtroom. The Islamist, who was overthrown in 2013 after a year of divisive rule and later charged with espionage, was buried at a cemetery in eastern Cairo's Medinat Nasr, one of his lawyers said.

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