New Delhi: Finance Minister Nirmala Sitharaman announced on Saturday that GST rates will be reduced further, with the tax rationalisation process now in its final stages. She highlighted that the Revenue Neutral Rate (RNR) has already decreased significantly—from 15.8 per cent in 2017 to 11.4 per cent in 2023—and is expected to drop even more […]
Lower GST Rates Coming Soon? FM Nirmala Sitharaman Hints At Changes Read More »
New Delhi: Automobile retail sales across categories, including passenger vehicles and two-wheelers, witnessed a drop of 7 per cent in February amid declining demand, dealers’ body FADA said on Thursday. Overall retail sales in the domestic market stood at 18,99,196 units last month, registering a dip of 7 per cent compared to 20,46,328 units in
Automobile Retail Sales Drop 7% In Feb Amid Slowing Demand: FADA Read More »
New Delhi: The Goods and Services Tax Network (GSTN) has announced its latest advisory regarding Enhancements in Biometric Functionality. In the advisory issued on 3 March 2024, GSTN has said that Directors can opt for biometric authentication in their home state. New GST registration applicants who opt for Aadhaar authentication are required to undergo the
New Delhi: India’s coal production for the month of February reached 928.95 million tonnes (MT), reflecting a 5.73 per cent increase compared to 878.55 MT in the same period last year, the Ministry of Coal said in a release on Saturday. As per the ministry, India’s coal sector continues its strong performance with significant growth
Indias Coal Production In February Sees 5.73% Growth, Reaches 928.95 Mt Read More »
New Delhi: The Union Cabinet had approved recommendations of 7th CPC on allowances with 34 modifications – revised rates effective from July 1, 2017, thus benefitting 34 lakh civilian employees and 14 lakh defence forces personnel. 7th CPC examined 197 allowances, recommending abolition of 53 allowances and subsuming 37 in others. The 7th CPC recommended
New Delhi: Kia India witnessed an overwhelming customer response for its Syros SUV with 20,163 bookings so far. Syros with petrol-powered engines accounted for 67% of the total bookings, and the remaining 33% of customers opted for diesel engines, the company said in an official statement, adding that 46% of buyers are inclined towards owning
Kia Syros Crosses 20K Bookings; AT Variants Account For Over 38% Read More »
New Delhi: India’s economic growth is expected to pick up momentum in the third quarter of the financial year 2024-25 (Q3FY25), with GDP growth estimated at 6.2 per cent, up from 5.4 per cent in the second quarter (Q2FY25), according to a report by Union Bank of India. The report highlighted that the negative gap
New Delhi: The government on Wednesday said that a recent circular issued by the National Payments Corporation of India (NPCI) has no impact on the overall FASTag customer experience. The National Highways Authority of India (NHAI) issued a clarification after reports surfaced, citing the NPCI circular dated January 28, regarding the change in FASTag rules
NPCI Circular Has No Impact On FASTag Customer Experience: Centre Read More »
Sensex Today: Indian stock markets are continuously moving into the hands of bears amid persistent selling by foreign investors, as corporate earnings remain challenging.The Nifty 50 index declined by 119 points, or 0.52 per cent, to open at 22,809.90 points, while the BSE Sensex opened at 75,641.41 points with a dip of 297.80 points, or
Mumbai: Equity benchmark indices Sensex and Nifty extended their downward trend to eighth day in a row on Friday as investors’ sentiments were plagued due to persistent foreign fund outflows. Markets began the trade on an optimistic note but soon gave up initial gains and fell in the negative territory. The 30-share BSE benchmark Sensex
Sensex, Nifty Fall For 8th Day As Relentless FII Selling Hits Market Sentiments Read More »
