23.2 C
India
December 13, 2017
Goods and Services Tax (GST), the biggest fiscal reform India has seen since Independence, was formally launched by Prime Minister Narendra Modi,and President Mukherjee on Saturday. The midnight launch of the Goods and Services Tax (GST), the country’s biggest tax reform since independence, has catapulted India into a select league of nations with a national sales tax. Most central ministers, federal...
On Saturday, the Finance Minister Arun Jaitley finalised the tax rates under the Goods and service Tax (GST) on most of the products. Here is a list of things which will be little cheaper. 1.Movies The entertainment, cable and DTH taxes have reduced alot. As previously entertainment tax was levied by the states and now all will be subsumed in the GST...
Indian digital payment and commerce company Paytm on Tuesday opened the door of its Payments Bank in Noida, Uttar Pradesh. The Paytm Payments Bank will be the third payments bank of its kind in the country, following similar set ups by India Post Payments Bank Ltd And Airtel Payments Bank Ltd. Paytm’s parent organisation, One97 Communications Pvt Ltd will...
China and India are two neighbouring countries with the largest populations in the world, an unusual geographical phenomenon. With a population of 1.38 billion, China's GDP grew 6.7 percent to more than $10 trillion in 2016, while the Indian Central Statistics Office estimated India's GDP growth for the full fiscal 2016-17 at 7.1 per cent. China may become "an unfortunate...
Frosty Indo-Pak relations after the beheading of Indian soldiers by Pakistani troops were on full display here when Finance Minister Arun Jaitley was on dais with his Pakistani counterpart, often sharing cold vibes and aggressively countering Islamabad backing of Chinas Belt and Road initiative. The Silk Road Economic Belt and the 21st-century Maritime Silk Road also known as The Belt and...
Telecom Regulatory Authority of India (TRAI) on Friday said it will soon introduce an application to measure voice call quality, which will allow the subscribers to rate the service quality after completion of a voice call. The launch of the MyCall app will also help in improving call drop rate and enhance quality of service providers for consumer experience. "We'll...
Vijay Mallya,the boss of the now defunct Kingfisher Airlines, was arrested by Scotland Yard in London days after India requested Britain to extradite the 'international businessman'. The liquor baron was arrested at about 9.30 am London local time and was taken to Westminster court. India had in February asked the UK to extradite Mr Mallya, who is facing charges of...
Commemorating the 126th birth anniversary of Dr Bhim Rao Ambedkar, Prime Minister Narendra Modi today launched in Nagpur several crucial initiatives to further the digital payments revolution in India. Prime Minister Narendra Modi  launched BHIM-Aadhaar platform for merchants to facilitate digital payments and unveil cash back and referral bonus schemes for the BHIM app at Nagpur. These announcements was made...
A bill to unleash radical reforms in the transport sector by ensuring 100 per cent e-governance, checking bogus driving licenses and vehicle thefts, slapping heavy penalty on traffic violators and protecting the good samaritan was approved by the Lok Sabha today. The bill seeks to save lives by ushering in radical reforms in the motor vehicles law,making vehicle-makers responsible for...
Delivering on BJP's poll promise to small and marginal farmers, the Yogi Adityanath cabinet today decided to waive their crop loans up to Rs 1 lakh, totalling a staggering Rs 36,359 crore, at its very first meeting. Briefing the media after the meeting, Health Minister Siddharth Nath Singh said that with this, the promise made by Prime Minister Narendra Modi...