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Sources say, "The GST Council is likely to be presented with a status report on rate rationalisation by the Group of Ministers (GoM). The GoM is likely to inform that discussions need to start afresh on rates, slabs, merger of slabs, simpler rate structures, and correction of the inverted duty structure."
The new rules stipulate important changes for companies involved in mergers and amalgamations, especially when dealing with foreign entities.
Advance tax collections in India increased by 22.61% to ₹4.36 lakh crore in the first half of the current financial year, indicating strong corporate performance and a robust economy. Net direct tax collections rose 16.12% to ₹9.95 lakh crore, with personal income tax showing significant growth over corporate income tax.
Though Tamil Nadu's share declined, from 8.7 per cent in 1960-61 to 7.1 per cent in 1990-91, it saw a turnaround, with its share in the national GDP touching 8.9 per cent in 2023-24
India's exports to China witnessed 22.44 per cent contraction to $1 billion, while overall exports declined 9 per cent at $34.7 billion in August, commerce department data showed
The 50 bps rate cut lifted the moods in the US markets with the S&P 500 adding 0.8% while the Dow Jones Industrial Average jumped 350 points, or 0.9%. The Nasdaq Composite rose around 1%.
Anarock research shows that rental values in key micro-markets of the top 7 cities in India have gone up by up to 72% between 2021-end and June 2024. However, capital values saw lower growth.
With this, the government is hopeful of meeting tax collection target
Over 4.29 lakh depositors of four co-operative societies floated by the Sahara Group, through the CRCS-Sahara refund portal, have received their refunds
Launches new NPS scheme for minors; Promotes early retirement savings for them, encourages lifelong financial security through new savings-cum-pension scheme .
Extends PM-AASHA scheme to help oilseeds, pulses growers get MSP
The scheme is an extension of the already existing NPS to children. In the last 10 years, NPS has gained 1.86 crore subscribers, with Assets Under Management (AUM) of Rs 13 trillion
Platform aggregators get 3 months to complete registration process
Sources say, "The GST Council is likely to be presented with a status report on rate rationalisation by the Group of Ministers (GoM). The GoM is likely to inform that discussions need to start afresh on rates, slabs, merger of slabs, simpler rate structures, and correction of the inverted duty structure."
Labour minister Mansukh Mandaviya on Wednesday chaired a meeting with aggregators and urged them to complete the registration of all gig and platform workers on the e-Shram Portal within the next three months, saying a comprehensive database will help extend benefits of various government schemes to these workers.
This will be set up as a Section 8 company under the Companies Act, 2013 in India, with FICCI and CII representing the industry bodies as partners with the Centre
The new rules stipulate important changes for companies involved in mergers and amalgamations, especially when dealing with foreign entities.
India has seen a sharp rise in immigration scams over the past few years, with dishonest agents taking advantage of people hoping to study, work, or migrate abroad
SBI’s Casa ratio stood at 40.7% as on 30 June, down from 42.9% from the same period last year. Its loan book expanded by a robust 15.4% year-on-year, outpacing deposit growth of 8.2% in the June quarter.
China's weight has fallen by half since peaking in early 2021, while India's has more than doubled during this period
Parents can subscribe to NPS Vatsalya online or visiting a bank or post office.
India has allowed the import of fresh green areca nut from Bhutan without a minimum import price condition through additional land customs stations in Odisha and Assam. This follows the government's 2022 decision to permit the annual import of 17,000 tonnes of green areca nut from Bhutan, bypassing the earlier price restriction.
The regulation is set to come into effect from August 2025
To make the division legally binding, the partition deed must be registered with the relevant authority
India's recent measures to curb wheat stock limits for traders and processors have not been effective in reducing prices. With festival season approaching, industry officials urge the government to release wheat stocks to meet rising demand and stabilize prices. Wheat prices remain high, with further increases expected if government action is delayed.
It used to be a terrorist tactic. Taking the battle to the streets – through conventional and cyber means – has now been normalised.
The government has approved the continuation of the PM-AASHA scheme with an outlay of Rs 35,000 crore. This initiative aims to provide better prices to farmers and control price volatility of essential commodities for consumers. The scheme integrates various components like Price Support Scheme, Price Stabilization Fund, and Market Intervention Scheme.
NPS Vatsalya is an extension of the existing National Pension Scheme (NPS) but focuses on children
The government has increased wheat allocation under the Pradhan Mantri Garib Kalyan Anna Yojana from October to stabilize prices. An additional 3.5 million tonnes of wheat will be provided until March 2025. This move follows last year's bumper production and aims to address issues faced by beneficiaries due to previous reductions in wheat supply.
Sources say, "The GST Council is likely to be presented with a status report on rate rationalisation by the Group of Ministers (GoM). The GoM is likely to inform that discussions need to start afresh on rates, slabs, merger of slabs, simpler rate structures, and correction of the inverted duty structure."
Sources in the know told CNBC-TV18 that policy decisions are not made in advance
The new rules stipulate important changes for companies involved in mergers and amalgamations, especially when dealing with foreign entities.
Though family-run businesses are ubiquitous in India, a staggering 97% lack formal family constitutions or succession planning, according to a 2018 report by BAF Consultants.
For the month ended August, 2024, monthly returns of Nifty 50 TRI, Nifty Midcap 150 TRI & Nifty Small Cap 250 TRI were 1.74%, 0.90% & 1.17% respectively.
Niti Aayog CEO BVR Subrahmanyam says India can easily double size of its economy, climate change an opportunity to become a leader in climate technology
Platforms must also differentiate themselves through user experiences and support for independent artists. Experts highlight the need for exclusive content to attract value-conscious consumers.
Tax authorities can file appeals before the ITAT, high courts and Supreme Court, if the disputed tax demand exceeds Rs 60 lakh, Rs 2 crore and Rs 5 crore.
EY-ASSOCHAM report suggests ways to enhance domestic production, application, recycling of bioplastics
In the same month, Anju Bhavnani, mother-in-law of Deepika Padukone and mother of Ranveer Singh, acquired the adjacent apartment for Rs. 19.13 crore.