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
Bill Gates

Bill Gates to step down from Microsoft board, shifts focus to philanthropy

Bill Gates has slowly been stepping back from Microsoft in recent years. The company said he wants to dedicate more of his time to his philanthropy at the Bill & Melinda Gates Foundation, one of the world's biggest nonprofit organizations, started from the profits he made from Microsoft. Mar 14, 2020