gst council meeting

GST Council extends compliance relief for taxpayers

The GST Council's 43rd meeting continued to provide relief to taxpayers, particularly small taxpayers, who have been disproportionately impacted by the Covid outbreak's second wave. For taxpayers with an annual income of up to Rs 2 crore, FY 2020-21 will be optional. May 29, 2021
Sputnik V in India

Sputnik V manufacturing to start soon in India: V.K. Paul

The manufacturing of Russia's Sputnik V Covid-19 vaccine will start soon in India as the country has accomplished technology-transfer to Indian companies, said Dr Vinod K. Paul, chair of the National Expert Group on Vaccine Administration for Covid-19 (NEGVAC) on Thursday. May 27, 2021
Xiaomi

Xiaomi no more a Chinese military company, rules US court

After the US government delisted Xiaomi as a "Communist Chinese military company," the Department of Defense officially vacated Xiaomi's designation, removing all restrictions on its citizens purchasing or holding the company's securities. May 26, 2021
petrol diesel prices

Petrol and diesel get dearer, retail prices rise by 25 p/l

A day after holding back a hike, the oil marketing companies (OMCs) on Tuesday increased the pump price of petrol and diesel across the country with global oil showing signs of firming amidst reports that Iranian oil may not hit the markets soon. May 25, 2021
China exploiting global social media platforms to influence foreign audience.

India fights social media biggies sans data protection law

The tussle between Twitter, WhatsApp and Facebook and the Union government has reached its nadir, and the fact is that an absence of a stricter personal data protection law is forcing the concerned authorities to take routes like sending cops to closed Twitter offices in the pandemic or writing heaps of notices that have resulted in zero action to date, while social networking giants continue to take the country for a ride. May 25, 2021