Capital markets regulator Sebi on Monday came out with a framework for operationalising the gold exchange, wherein the yellow metal will be traded in the form of electronic gold receipts (EGRs). The stock exchange desirous of trading in EGRs may apply to Sebi for approval of trading in the new segment, the regulator said in a circular. The bourses can launch contracts with different denomination for trading or conversion of EGR into gold. Under the new framework, the entire transaction has been divided into three tranches-- creation of EGR; trading of EGR on stock exchange and conversion of EGR into physical gold.
We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.
Lok Sabha passed the Finance Bill, after approving more than two dozen official amendments, by voice vote, thus completing the Budgetary exercise for 2019-20 in the Lower House.
The airport operator currently levies a development fee of Rs 600 from an international passenger and Rs 100 from a domestic traveller.
In the video, Bachchan explains GST as an unifying force just like the three colours in the national flag.
'But India, increasingly, is not that far behind, which is a story I never expected to tell.'
The move would come as a relief to air passengers.
Any speculation suggesting otherwise, or any rumours around sale of our business in India are incorrect and simply that -- rumours, says head of the US-based asset manager.
The levy had to come into effect from April 1. It would now be in force from July 1.
The government on Wednesday put on hold a hike in LPG prices in states including Karnataka, Madhya Pradesh and Kerala, where an increase in local levies had led to a rise in fuel rates.
In January last year, the US signed the first phase of the trade deal with China, which former President Donald Trump described as historic, concluding more than a year of tough negotiations including several months of suspension of talks between the two largest economies of the world.
The organisation established its electoral presence post-Independence in states such as Tamil Nadu, Andhra Pradesh, Kerala and Assam, with West Bengal being its main stronghold, but eight decades down the line, the party, now limited to just some pockets of the country, has no MP or MLA in its kitty.
The package includes raising of Rs 15,000 crore sovereign bonds to meet the immediate capital requirement of both the companies, 4G spectrum allocation worth Rs 20,140 crore, Rs 29,937 crore for VRS covering 50 per cent of their employees, and Rs 3,674 crore for goods and services tax that will be levied on allocation of radiowaves.
Adrian Levy, internationally famed journalist, currently with The Guardian, and author of bestseller Deception: Pakistan, the United States, and the Global Nuclear Weapons Conspiracy, claims that the deal between Pakistan and United States is in the offing, under which Pakistan will have some role in the future government of Afghanistan
All documents and data were safe as there was a Disaster Recovery Centre for every bank
In a string of tweets and replies, Swamy also said that GST can be implemented only if the Supreme Court clears a petition on levy of entry tax
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
Speed skating - Swings wins mass start, brings first Belgian Winter gold in 74 years.
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
This is causing a shortfall of critical ammunition within the army at a time when the MoD is making emergency purchases from the global arms market to cater for a possible clash with China.
Tawang wears its history -- and also its present -- with ease. The flourishing town, with restaurants selling everything from noodles to dosas and locals returning home to new business prospects, shows little sign of the tension building up at the border about 40 km away to the north.
During the interrogation, they were repeatedly threatened that this is how the other members of the High Commission would be treated as well in future.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
Liverpool moved into the Champions League qualifying spots after a 3-0 win at Burnley on Wednesday took them above Leicester City and into fourth place with one round of Premier League matches remaining.
India has built two top-secret facilities in Karnataka to enrich uranium in pursuit of its hydrogen bomb dream.
The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.
The I-T officer can go back up to six years to scrutinise the books of accounts of the assessees.
GST is a landmark reform considering the sweeping changes it brings about in the indirect tax regime in India.
At least four persons were killed and seven others injured on Monday when militants, including suicide bombers, stormed a government complex in the restive Peshawar city of northwest Pakistan, officials said.
The Naxalites are reportedly extorting a 'levy' of about Rs 140 crore annually from a variety of sources, Government said on Wednesday.
Eight construction labourers abducted by Maoists from Bihar's Jamui district were released on early Wednesday, police said.
'While all would agree on the need to be ready to launch cross-border strikes on terror camps, there is sharp disagreement on how best to do it.' 'Through IAF fighters, or surface-to-surface missiles?' 'Or should army Special Forces be created to do the job?' 'If air strikes are the agreed priority, additional funding must be made available for the purchase of fighters and missiles.' 'If it is to be Special Forces, the army must be facilitated in raising a Special Forces Command,' notes Ajai Shukla.
In yet another controversial remark, Bihar Chief Minister Jitan Ram Manjhi on Monday sought to justify Maoists extorting levy from contractors who, he suggested, were indulging in corruption and looting the state.
Pakistan's double game could blow up in America's face, warns Bernard-Henri Levy.
Overall mobile phone production was about 68 million in 2014, increased to 100 million in 2015 and 350-400 million in July 2016.
After security forces launched operations against that virtually ended their 'levy raj' to collect easy money, Maoists have taken to poaching of endangered animals for their organs, skins and horns to collect funds for their activities, according to a senior police official.
Manager Mauricio Pochettino has reiterated his happiness at Tottenham Hotspur in some of his first public comments after he emerged as a leading candidate to replace Zinedine Zidane at Real Madrid.
The guidelines, which have made service charge "totally voluntary and not mandatory", will be sent to states for necessary action
Days after their passage in the Lok Sabha, Tomar introduced the Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 in the Rajya Sabha.
The tax base should comprehensively extend over all goods and services up to the final consumer point.
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