'All Pakistan army chiefs follow a consistent line as far as India is concerned.'
While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.
E-way bill generation, which is related to paying Goods and Services Tax (GST) and a key high-frequency indicator of economic activity, may have fallen to a five-month low in April as more cities experience lockdowns due to a surge in Covid-19 cases. In April e-way bill generation may decline to 55-58 million, which is the lowest since at least November. On the higher side, it is a 17 per cent decline over March.
Reliance Jio accuses COAI of malafide intention.
The Association of Unified Telecom Service Providers of India, the CDMA operators' body, said mobile services could become dearer by 28 paisa per minute if the recommendations by the Telecom Regulatory Authority of India are accepted in their current form.
The attack reflects the open schism in the association, in which TTSL is a new member with other Unified Access Service Licence holders such as Loop Telecom , Etilasat DB, Uninor and STel. The older, established, operators are represented by Bharti, Vodafone Essar and Idea Cellular.
To bring clarity, the department clearly defines terms such as promoter and competitor.
Lady Gaga will perform the national anthem. There will be a musical performance by Lopez, who has used her voice during the coronavirus pandemic to speak out against its disproportionate toll on minority communities.
The ISPs had already made a presentation to telecom minister Kapil Sibal to request his help in such a process if the government did not want to continue with the current ISP regime.
Newer telecom operators and dual technology entities are opposing the department of telecommunications (DoT)'s decision to ask the Telecom Regulatory Authority of India (Trai) to give its view on whether the price of spectrum being offered in the coming 2G auction should be valid for 10 years instead of 20 years.
Cellular Operators Association of India, the association for GSM operators, has taken legal opinion which clearly states that the government cannot go in for auctioning of 2G spectrum and deprive them of additional spectrum.
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
As per the initial version of the Unified Licence on August 2, DoT had exempted Internet services revenue from adjusted gross revenue -- part of telecom company's earnings on which annual licence fee is levied.
as journalists active in Pakistani media have been quick to point out, with Ghafoor at the helm in Balochistan, no one will take seriously any claims by the civilian leadership to use the velvet glove to work for peace there, points out Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.He did not hesitate to pejorate developments in India at the slightest opportunity, points out Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
The lobby group of CDMA mobile players like the Reliance Communications and the Tatas has accused that the government was favouring the GSM players while deciding the criteria for spectrum allocation and in its pricing.
Terming the new unified licence regime to be in the interest of the consumers, the Centre has informed the Supreme Court that tariff reduction in telecom services fuelled by competition was not to the liking of cellular operators.
A summary of sports events and persons who made news on Friday.
Faced with the threat of losing tax holiday due to the delay in starting operations, COAI has sought a year's extension upto April 2005 for the unified access service licencees, who got the licences in the first quarter of 2004.
The private cellular operators have asked the Telecom Regulatory Authority of India to consider fixing the annual licence fee at 6 per cent across all segments, as part of full unification of telecom services.
Delhi High Court says it can do so under the TRAI Act, rejects petitions filed by telecom associations.
The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.
The Internet & Online Association of India has announced the appointment of Neville Taraporewalla, country head, Yahoo Web Services India Pvt Ltd, as its chairman and Mahendra Swarup, CEO, Times Internet Ltd, as the vice chairman.
India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."
DoT plans to initiate move that might lower the revenues telcos share with government.
The CDMA-based mobile subscriber base of private operators touched 80.68 lakh (8.06 million), adding 343,000 customers in June this year.
A bench comprising justices K S Radhakrishnan and Vikramajit Sen said CAG can carry out the audit to examine whether the companies are giving proper share of their revenue to the government.
Once launched, RJio services will cover over 18,000 towns and over 200,000 villages across all the 22 service areas of the country
The petitioner had sought enforcement of existing laws on call drops.
The ongoing arguments in the case remained inconclusive and would continue on August 5
Finance Minister Nirmala Sitharaman on Monday assured the industry that momentum of economic reforms will continue to make India a hotspot of global investment. India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, she said while addressing the National MNC's Conference 2020 organised by industry chamber CII.
Thanks to technological support provided by BlinkIN, a Bengaluru-based intelligent visual-assistance company, engineers in Wuhan were able to remotely install air ventilation systems in two hospitals in Wuhan, the epicentre of the coronavirus pandemic, reports Peerzada Abrar.
Last week, the Supreme Court refused to grant interim relief to the operators.
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
With the signing of the pact, the Quad grouping of India, Japan, Australia and the US is set to gain more heft now, notes Dr Rajaram Panda.
An influential group of Indian American doctors has campaigned at the Capitol Hill for Dr Vivek Murthy, who has been nominated by President Barack Obama for the post of surgeon general of the United States.
Trai said the reports that compensation was not feasible were based on wrong inputs.
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