ECONOMY
Finance Minister Nirmala Sitharaman on Tuesday reiterated that the valuation guidelines for levying 28 per cent GST on entry-level bets on on-line gaming platforms are efficient prospectively. “A clarification on that levy was issued and in keeping with that 28 per cent is the tax. Whom it’s going to apply to and on whom will … Read more
India elevated its lengthy haul thermal coal cargoes in November this 12 months with inbound shipments from the US rising to 1.40 million tonnes (MT), its highest in over a 12 months. Based on the vitality intelligence agency Kpler, India imported a complete of 17.51 MT of thermal coal, decrease than the 15-month excessive of … Read more
Officers from State and Central governments and their businesses are allegedly making 5-6 rounds of premises/factories of merchants/millers after the imposition of inventory holding restrict, even with none cause, which a few of the affected stakeholders are believed to have introduced it to the discover of the involved authorities. Armed with the facility to examine … Read more
The Lok Sabha on Tuesday handed two oblique tax-related Payments. Whereas the Central Items and Companies Tax (Second Modification) Invoice, 2023, seeks to boost the age restrict for the appointment of the President and Members of the GST appellate tribunal, the Provisional Assortment of Taxes Invoice, 2023, seeks to present speedy impact to the modifications in customs … Read more
Bengaluru-based Royal Orchid & Regenta Resorts has launched a brand new upscale expertise via their newest property the Regenta Inn Bhavani, situated in Nellore, Andhra Pradesh. At present, it operates 97 operational properties in complete. The brand new property is situated simply minutes away from the central bus stand, quarter-hour from the central prepare station, … Read more
The European Union has expressed disappointment over India’s rejection of interim arbitration to resolve the dispute over import duties on sure ICT (info and communications know-how) merchandise, together with smartphones and parts, and its `in void’ enchantment to the non-functional appellate physique. On the World Commerce Group’s dispute settlement physique assembly on Monday, India defended … Read more
Infrastructure main Larsen & Toubro has determined to onboard former SEBI chief Ajay Tyagi and former Deloitte India chairman P R Ramesh as impartial administrators of the corporate. In the direction of this finish, the corporate has now sought shareholders’ approval for a particular decision by way of the postal poll route — requiring e-voting … Read more
DreamFolks has unveiled its unique membership program, The DreamFolks Membership, marking a big milestone within the firm’s dedication to creating premium journey experiences accessible to a broader viewers. Liberatha Kallat, the CMD of DreamFolks, expressed delight within the launch, emphasising the aim of offering world-class providers by means of tailor-made membership packages. These choices cater … Read more
ICRA has revised its forecast of street awards by the Ministry of Street Transport and Highways (MoRTH) in FY24 to 7,000-7,500 km, a y-o-y decline of 40-43 per cent from its earlier estimate of 9,000-9,500 km. “In 7M FY24, street awards stood at 2,595 km, 48 per cent decrease than 5,007 km awarded in 7M … Read more
[ad_1] Recent upticks in traffic deaths have sparked worry among safety advocates, government officials and even the industry itself. The toll — 1.36 fatalities per 100 million vehicle miles traveled — has been called “a national crisis” by U.S. Secretary of Transportation Pete Buttigieg. That said, riding in cars is currently far safer than it … Read more