Getty ImagesIn a spine-chilling incident, a headless body of a woman was found in a box on a bicycle near the national capital’s Jahangirpuri metro station on Saturday, June 8.The body was discovered at around 5 pm in the evening by the Delhi Police when a local shop owner noticed water dripping from the box and an odour emanating from it and informed the police. They soon arrived at the scene, opened the box and found the decomposed body.”Inside, a woman’s headless body was found wrapped in a blanket,” Bhisham Singh, additional deputy commissioner of police (North West) told Hindustan Times. He added, “There were no identification proofs in the box.””Prima facie it appears that the woman had been killed two-three days ago and was dumped here. The body had started to decompose and the skin had turned black,” an officer was quoted as saying by PTI.Investigators revealed that the box was white in colour and that it was taped in many places so that it wouldn’t come apart when the body was stuffed in it.A probe is underway and the footages from a CCTV camera in the vicinity are being scrutinised to check who brought the bicycle. The body has also been sent for an autopsy to Babu Jagjivan Ram Memorial Hospital.
People busy buying jewellery on “Akshaya Tritiya” in Nagpur, on April 28, 2017.IANSOn June 3, the Goods and Services Tax (GST) Council will finalise the tax rate on gold, among four or five items that were left uncovered in the previous GST Council meeting on May 18-19. The jewellery industry is hopeful of a lower rate on gold even as it braces up for a higher rate. In an interview with International Business Times India edition, Pratap Kamath, CEO of Abaran Jewellers and founder-member of the All India Gems and Jewellery Trade Federation (AIGJF) shares his views on the subject and the likely impact on the Rs 3 lakh crore trade. Edited excerpts:International Business Times (IBT): What would be the GST rate on gold?Pratap Kamath (PK): We have been requesting for 1.25 percent but the feeler that we are getting is that the government is looking at 4 percent.IBT: Did any delegation from AIGJF meet ministers or officials in this regard?PK: Yes, we had many meetings and we have one more scheduled…our (AIGJF) chairman Nitin Khandelwal will be meeting finance minister Arun Jaitley either on May 29 or 30. A meeting with the under-secretary in the finance ministry has also been scheduled.IBT: To make a case for 1.25 percent GST on gold?PK: Yes, that’s right.IBT: How hopeful are you?PK: We are very positive…the fact that the GST Council has kept a decision on gold pending till now is an indication…see at 1.25 percent, compliance will be high, which is what the government wants. If they fix the rate at 4 or 5 percent, compliance will be very low. As it is, the import duty on gold is very high, at 10 percent.IBT: How would gold prices trend post finalisation of GST rate?PK: I don’t think much… it would be in the range of 2 to 4 percent, up or down, depending on the rate.IBT: How do you think demand for physical gold has been impacted due to gold bond schemes?PK: It’s not significant but yes, of late, it is picking up.IBT: How do you foresee the initial days of post GST era for the trade?PK: There will be some disruption for the next few months as traders come to terms with compliance and other issues.IBT: How was the quarter (January-March 2017) gone by and the next two months?PK: Very bad for us…on an average, it was down 30 to 40 percent, YoY and even now, it has not picked up much. Demonetisation severely affected our business. There was a general sense of fear among buyers but we are hopeful that things would improve in the next few months.IBT: What’s your view on the Modi government’s performance in three years?PK: We are in a nascent stage…most decisions that have been taken are drastic…and of course, with all the good intentions. But the results will be felt only in the long term. Abaran Jewellers store in Bengaluru.YouTube
DNCC logoThe government has declared vacant the mayoral post of Dhaka North City Corporation after the death of its mayor Annisul Huq.The local government ministry on Monday issued a circular saying that the DNCC mayoral post fell vacant on 1 December as per Article 15(E) of the Local Government (City Corporation) Act 2009.According to the electoral law, the election commission will now have to hold a by-poll to elect people’s representative for the vacant post in 90 days for the rest of the DNCC tenure.Read more: EC to hold DNCC mayoral by-polls in 90 daysIf any post of mayor or councillor of a city corporation falls vacant 180 days before the expiry of their tenures, a by-election to the post shall be held within 90 days since the day it falls vacant to fulfil the post for the rest of the tenure, reads Article 16 of the Local Government (City Corporation) Act 2009.Election commission secretary Helal Uddin Ahmed on Sunday told a group of newsmen that the commission is ready to hold the by-polls in 90 days to the mayoral post once the ministry issues a gazette notification declaring the post vacant.Annisul Huq, who was elected DNCC mayor on the ticket of ruling Bangladesh Awami League (AL) in a controversial election in April of 2015, died on 30 November while undergoing treatment at a London hospital.