The Fintech Association for Consumer Empowerment (FACE), the only self-regulatory organisation for financial technology/fintech (SRO-FT) companies, is aiming to secure membership from at least 75 per cent of players across all key fintech categories within the next three years, according to a senior executive. The total number of members in the organisation has increased to 110, up from around 60 when it received approval from the Reserve Bank of India (RBI) to operate as an SRO-FT in August.
Preparations are in the final stages by the Chennai-headquartered space-tech startup Agnikul Cosmos for the maiden launch of India's first-ever private launchpad and the second rocket launch by a private sector player.
Two people, one legally assisting the affected people because of their exclusion from the National Register of Citizens (NRC), and another whose relative has been declared a 'foreigner' by the quasi-judicial Foreigners' Tribunal (FT), talk to Rediff.com about the issues on the ground that people excluded from the NRC are facing and how it can turn into a long-drawn legal process.
Bhat said the terrorists were planning to target the Army's Agniveer recruitment rally, which concluded in Pattan's Hyderbeig on Thursday.
The government will provide legal support to the excluded people, said Assam Parliamentary Affairs Minister Chandra Mohan Patowary.
To facilitate the appeals, 200 new FTs will be functional from Monday, in addition to 100 already existing.
In a bid to further speed up student visas and offload Indian students' fiscal worries while studying in New Zealand, the country's High Commission in New Delhi has come up with the Funds Transfer Scheme.
The government on Monday clarified that transactions involving royalty/ technical services fee would be taxable under income-tax and not be liable for equalisation levy that is paid by foreign companies for conducting business with Indian parties, while explaining what would construe online sale of goods or services.
Addressing a press conference, BJP Assam president Ranjeet Kumar Dass said that the government will bring in a legislation to safeguard the Indian citizens if the Foreigners Tribunals deliver adverse judgements against the appeals.
The amended India-Mauritius tax treaty has inserted a new clause allowing source-based taxation at 10 per cent on fees paid for technical and consultancy services.
A neutral Budget for media and entertainment sector.
The HMO said it will amend the rules to increase the time limit of filing of appeals in foreigners tribunals from 60 to 120 days for those who would be excluded from the final NRC.
A total of 3,30,27,661 people had applied to be included in the NRC. Of them, 3,11,21,004 have been included in the document and 19,06,657 excluded.
Mohandas Pai took part in an hour-long chat on rediff.com
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