New Delhi, Sep 4 (IANS) Backed by the government's Design Linked Incentive (DLI) Scheme, domestic chip design and IPR are accelerating across critical sectors, from surveillance and energy metering to networking and motor control, the Ministry of Electronics and IT said on Thursday.
Mumbai, Sep 4 (IANS) The Hiranandani Group co-founder and Managing Director, Dr Niranjan Hiranandani, on Thursday hailed the latest overhaul of the Goods and Services Tax (GST) 2.0 as "revolutionary", calling it a "bold and transformative step" taken by the PM Narendra Modi government.
New Delhi, Sep 4 (IANS) Union Minister of Consumer Affairs, Food and Public Distribution Pralhad Joshi on Thursday launched the retail sale of onions at Rs 24 per kg in Delhi, Mumbai and Ahmedabad through outlets and mobile vans of NCCF, NAFED and Kendriya Bhandar and also through distribution partners of NAFED and NCCF as part of the government’s policy to control prices of essential goods.
New Delhi, Sep 4 (IANS) The fisheries sector has received a major boost under the latest GST reforms with a significant tax rate rationalisation which will help in the reduction of operational costs, enhance competitiveness in domestic and export markets, and directly benefit millions of fish farmers and other stakeholders dependent on fishing and aquaculture for their livelihoods in the country, an official statement said on Thursday.
New Delhi, Sep 4 (IANS) Prime Minister Narendra Modi on Thursday called technology and innovation "strong pillars" of the partnership between India and Singapore as he announced that both nations have decided to enhance cooperation in AI, quantum, and other digital technologies.
New Delhi, Sep 4 (IANS) Despite geo-political uncertainties and tariffs, India is expected to clock GDP growth of 6.5 per cent this fiscal and reforms like GST 2.0 will surely have a positive impact on the long-term growth rate, Dr Arvind Virmani, Member, NITI Aayog, said on Thursday, adding that last five years have proved that the Indian economy is highly resilient to global shocks.
New Delhi, Sep 4 (IANS) The landmark Goods and Services Tax (GST) reforms announced by the government will give a strong push to India’s economy, enhance consumer confidence, and directly benefit the automotive sector, industry leaders said on Thursday.
New Delhi, Sep 4 (IANS) The GST 2.0 reforms were lauded by the Federation of Indian Chambers of Commerce & Industry on Thursday, for bringing predictability and transparency to India's tax system, and correcting the inverted duty structure in several sectors.
Mumbai, Sep 4 (IANS) In a bid to ensure a safe and joyful experience for devotees, Adani Electricity, the power supplier for Mumbai's Western and Eastern Suburbs, has installed over 2,571 floodlights at 167 Lord Ganesh idol immersion locations across 15 Brihanmumbai Municipal Corporation (BMC) wards.
New Delhi, Sep 4 (IANS) The GST Council's decision to abolish the 12 per cent and 28 per cent indirect tax slabs and to have only 5 per cent and 18 per cent slabs is a silent yet deep-impact reform that will boost consumer sentiment and set the stage for the equity market's trajectory, a report said on Thursday.
