The government has notified a host of procedural changes in the GST rules, including levy of interest for wrongful utilisation of ITC and turnover threshold for filing annual returns for the 2021-22 fiscal. The changes were vetted by the Goods and Services Tax (GST) Council at its meeting last week. With the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax payments on the GSTN portal by using IMPS and UPI payment modes.
This measure has been envisaged by the government against the backdrop of instances where certain social networking sites showed Jammu and Kashmir and Arunachal Pradesh as part of Pakistan and China respectively.
A pet's first line of defence is a well-prepared owner.
India abstained in the United Nations General Assembly on a draft resolution calling for Russia to be held accountable for violations of international law by its invasion of Ukraine and requiring Moscow to pay reparations to Kyiv for damages, loss and injury resulting from the war.
'Hardik with his local connect was an obvious choice as captain and premier player'
Lakshmanan contracted polio when he was only three months old. 'I didn't want to go for the swayamvar, but my uncle convinced me to attend.' He sat close to the door at the swayamvar. And then, Rohini walked in. Both her legs, too, were afflicted with polio.
In the quest for 'Atmanirbhar Bharat', Indian Army has developed and launched a secure messaging application named the 'Secure Application for the Internet (SAI)' that supports an end-to-end secure voice, text and video calling services for Android platform over internet, the Ministry of Defence said in New Delhi on Thursday.
The issue of allowing trading in indices such as the Dow Jones and the S&P 500 on the National Stock Exchange (NSE) is being considered by the Reserve Bank of India (RBI).
The Delhi high court on Thursday refused to stay the Agnipath scheme for recruitment in the armed forces and asked the Centre to file a reply on a batch of petitions challenging it.
The ministry also decided to dispense with the requirement of the Integrity Pact Bank Guarantee to reduce the financial burden on the Indian defence industry, a move aimed at promoting domestic manufacturing.
No other corporate house in India is in a better position than Tata group for the takeover of debt-laden airline Air India, former deputy chairman of erstwhile Planning Commission Montek Singh Ahluwalia said on Thursday. Tata Sons has emerged as the top bidder for the takeover of the state-run airline but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah. "You can't have a better corporate, with a better position than the Tatas, we can hand it (state-run airline Air India) over," he said while replying to a question in a virtual event.
Garcetti, 50, who served as the co-chair of Biden's presidential campaign, was initially considered for the Cabinet.
Indian equestrian Fouaad Mirza is yet to decide which one of his two horses will accompany him to the Tokyo Olympic Games and said he will pick the one carrying the best form leading up to the time of submitting the entry later this month.
The probe agency is learnt to have taken possession of multiple physical and digital records during a search operation conducted on the premises of the South Korean firm in Delhi and Mumbai this week.
Vice President Dhankar's and Law Minister Rijuju's recent interventions have the danger of destabilising the Constitutional equilibrium, cautions N Sathiya Moorthy.
Alka Mittal has been appointed interim chairman and managing director of Oil and Natural Gas Corporation (ONGC) - the first woman to head the country's largest oil and gas producer. Mittal replaces Subhash Kumar, another interim head who retired after reaching superannuation age on December 31. "The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Petroleum and Natural Gas for entrustment of additional charge of the post of chairman and managing director (CMD), ONGC to Alka Mittal, director (HR), ONGC for a period of six months with effect from January 1, 2022, or till the appointment of a regular incumbent to the post, or until further order, whichever is the earliest," the Department of Personnel and Training (DoPT) said in an order dated January 3, 2022.
The government is set to initiate consultations with the Reserve Bank of India (RBI) to devise a new security clearance framework for screening potential bidders of public sector banks (PSBs) as it kick-starts the privatisation process, beginning with the strategic divestment of IDBI Bank. As the government is moving ahead with strategic divestment of IDBI Bank and is looking to privatise two PSBs, the Department of Investment and Public Asset Management (DIPAM) is looking to put in place an appropriate framework as the potential buyers will have to meet the RBI's fit and proper criteria, said an official. The process of bank privatisation would be different from the sale of any other public sector undertaking (PSU), and more restrictions and measures will have to be put in place, the official said.
The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and the preparatory work is still far from complete. There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said. Even after the valuation, there are several regulatory processes that have concluded, the official said.
Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.
'We are targeting the 5G tender around January-March 2023.'
The court was informed that though the government's affidavit has been filed, it was not on record.
Only 2.3 per cent of the Indian workforce has undergone skills training, compared to 68 per cent in the UK.
The ministry of home affairs has received more than 20 proposals for foreign direct investment (FDI), including from China and Hong Kong, requiring security clearance between April and May. 'We are vetting some of these proposals which have come from various sectors. One of the applications is from a well known start-up,' an official said. 'We await inputs from Research and Analysis Wing, intelligence agencies, external affairs ministry, and embassies.'
The bill was passed by a voice vote after Shah sought to allay concerns raised by the Opposition, which claimed the draft law was "draconian".
The selection of Ravi Shastri's coaching team will take place on Monday and the interviews for the batting, bowling and fielding coaches will be conducted by the national selection committee headed by MSK Prasad.
Canine lover and dog trainer Pooja Sathe Gawande answers your queries.
'Sebi has to make sure that investor interests are protected and at the same time, there isn't over-regulation so that companies don't get discouraged to list here.'
The finance ministry on Wednesday reimposed expenditure curbs on ministries and government departments for July-September quarter. There will be no spending restrictions on the ministries of health, rural development, agriculture, MSME (micro, small and medium enterprises) and railways as part of a two-pronged strategy. "The existing guidelines for expenditure control have been reviewed. "Keeping in view the evolving situation arising out of Covid-19 and anticipated cash position of the government, it is felt essential to regulate Quarterly Expenditure Plan (QEP)/Monthly Expenditure Plan (MEP) of specific ministries/departments for July-September, 2021," the Department of Economic Affairs in the finance ministry said in a notification.
Tata Sons has emerged as the top bidder for the takeover of debt-laden State-run airline Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah, sources said.
The Assam assembly on Friday passed a bill to regulate the slaughter, consumption and transportation of cattle, notwithstanding the walkout staged by the opposition parties in protest against the government's refusal to forward the legislation to a select committee.
The Supreme Court on Friday sought responses from the Centre and Twitter India on a plea seeking a mechanism for regulating content and advertisements spreading hatred through fake news and instigative messages via bogus accounts.
'The phone numbers of over 40 Indian journalists appear on a leaked list of potential targets for surveillance, and forensic tests have confirmed that some of them were successfully snooped upon by an unidentified agency using Pegasus spyware,' report Anuj Srivas and Kabir Agarwal in The Wire.
Around 270 cases of Mucormycosis, a rare but dangerous fungal infection, have been reported so far in Pune district, prompting a government task force to come up with a set of standard operating procedures (SOPs) for patient management in hospitals, officials said.
Celebs have self-quarantined themselves with their pets.
The incident took place on May 27 while the elephant was standing in water and forest officials said that it died standing in river Velliyar after it suffered an injury in its lower jaw.
Union minister Hansraj Ahir said those who have national interest in mind should not make such statements.
Under the provisions of the Code, Streak chose to admit the charges and agreed with the sanction with the ICC in lieu of an Anti-Corruption Tribunal hearing. He will be free to resume his involvement in the game on March 28, 2029.
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