Corporate tax

Mobile Phone prices in India to get dearer: Here are the new GST rates

At the 39th GST Council meeting held in New Delhi, Finance Minister Nirmala Sitharaman announced rationalization of tax rates on five sectors - mobile phones, fertilizers, footwear, renewable energy equipment, and man-made textiles. The GST rate on mobile phones will be hiked from the current 12% to 18%. Mar 14, 2020
Bengaluru woman

India declares COVID-19 a national 'disaster'

The Ministry of Home Affairs on Saturday, 14 March, declared COVID-19 as a national 'disaster' and announced to provide ex-gratia relief of Rs 4 lakh to the families who died of the virus. Mar 14, 2020
Basic protective measures against Coronavirus

Home quarantine guidelines for Covid-19 patients: Most important tips everyone must know

The Directorate General of Ministry of Health and Family Welfare (MOHFW) issued home-quarantine guidelines in case of suspects of novel Coronavirus (Covid-19) disease wherein focal clusters are arising from travel related transmission in an individual, or if a person is coming back from COVID-19 affected areas where local and community transmission is evident. Mar 14, 2020
Brazilian President Jair Bolsonaro's communications chief Fabio Wajngarten with US president Donald Trump

Coronavirus Scares: Trump might be infected, Ivanka in self-isolation after Brazil meetings

US president Donald Trump denies responsibility for administration failures earlier during the coronavirus outbreak and declares national emergency to allocate $50 billion in federal resources to fight out the viral spread of the pandemic. Meanwhile, Ivanka Trump chooses self-isolation after meetings with the Australian Home Affairs Minister Peter Dutton and Brazilian communications director, Fábio Wajngarten who were later tested Covid-19 positive. Mar 14, 2020
Coronavirus in India

China's slowdown and disruption in supply: Impact of coronavirus outbreak on global trade

With the widespread coronavirus attack on a global rise, it is becoming increasingly difficult for businesses to sustain the growth momentum through the last few weeks. The trade and business in India has been worst hit by $348-million, according to a UNCTAD report. This is much lesser in comparison to the impact borne by the world's leading economies - the EU, the US, Japan and South Korea. Mar 12, 2020