After long deliberation, the goods and services tax (GST) was implemented in July 2017. Nearly two years have passed since, and there’s a widespread perception that GST revenue growth has not lived up to expectations.
Mysuru: The Central Board of Indirect Taxes and Customs, The Ministry of Finance, Government of India, New Delhi, through a notification has provided an opportunity to update and file the necessary GST returns waiving the LATE FEE if filed on or before 31.3.2019.
Industry body FICCI on Wednesday applauded the success of "Mission Shakti" which demonstrated India’s capabilities to shoot a satellite in Low Earth Orbit (LEO) based on state-of-the-art capabilities which were indigenously developed.
After a decade, the Reserve Bank of India is set to lift the ban on ‘exotic currency derivatives’, the double-edged, fancy products that had left a trail of destruction in 2007-08 amid allegations of mis-selling and court battles when bets by corporates backfired as the euro, Yen and Swiss franc surged.
Niti Aayog and ABB Ability Innovation Centre on Tuesday organised a workshop to discuss regulatory and financial concerns relating to the adoption of Artificial Intelligence (AI) and automation technology by MSMEs. The industry and policymakers discussed various aspects of AI and automation adoption.
Reserve Bank of India is likely to cut repo rate by 25 basis points in the April policy due to weak economic activity, benign inflation and soft global growth, says a report.