Search Results for: Indirect Taxes

Covid-19 lockdown: Already struggling auto industry staring at Rs 21,000 crore loss

Since 2016 multiple factors including Demonetization, the introduction of Goods and Services Taxes (GST), hike in mandatory insurance, the slowdown in the Indian economy has badly impacted the sales of the auto vehicles.

Mar 25, 2020

Addatimes' web-series Virgin Mohito is mainly Bengali version of Sex and the City that's gone terribly wrong

Women shame each other for being sexually active, as well as sexually inactive, but that's not the kind of web-series we need right now.

Mar 23, 2020

Government intervenes to save IndiGo from Jet Airways-like crash landing

Coronavirus impact: IndiGo announces pay cut for employees, CEO takes 25% salary cut as India cases rise to 175

The IndiGo CEO stated that senior vice presidents and other top management are taking a 20 per cent pay cut while cockpit crew members are accepting a 15 per cent pay cut.

Mar 19, 2020

'Covid-19 drastically impacted our business': Airport operators write to govt, seek relief measures

The Airports Council International (ACI) Asia-Pacific has written to Civil Aviation Minister Hardeep Puri, requesting him to announce certain relief measures for the airport industries, whose business, they said, was drastically impacted by the coronavirus or COVID-19.

Mar 15, 2020

What is Herd Immunity? Can it be effective against Coronavirus?

UK to self-infect low risk population with coronavirus! Is this the only way to stop COVID-19?

This strategy is called Herd Immunity or social immunity, where you inject select people with the virus in a bid to build long-term immunity. Although it's fascinating, herding as a strategy to combat coronavirus could be risky as it is based on a number of assumptions and they need to be correct.

Mar 14, 2020

Not Rs 100 crore, Vijay receives this amount as remuneration for Master

Tamil actor Vijay is getting a big pay-check to act in Master and got over 60 percent hike compared to his previous movie Bigil.

Mar 13, 2020

Here's why SBI cut interest rate on its saving banks account to 3%, issued AMB waiver

State Bank of India (SBI) has cut the interest rates on its savings bank account to 3 per cent and has also done away with the need for customers to maintain an average quarterly balance.

Mar 13, 2020

SBI removes minimum balance charges for all saving accounts

SBI had already announced slashed MCLR or marginal cost of fund-based lending rate by up to 15 basis points that would come into effect from March 10.

Mar 12, 2020

Bollywood celebrities and their unbelievably expensive gifts [Throwback]

International Business Times brings to you some of the most expensive gifts in Bollywood given till date.

Mar 11, 2020

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Besides economic uncertainty that currently exists, the coronavirus outbreak will cost the global economy up to $2 trillion, according to findings in the UNCTAD report. It might trigger a recession in some countries and a deceleration of global annual growth to below 2.5 per cent.

Mar 10, 2020

'Only mujrawallis dance at weddings, not actors': Sunny Deol's indirect jibe at Shah Rukh Khan [Throwback]

Though they might be on cordial terms now, there was a time when Sunny Deol didn't speak to Shah Rukh for 16-long years

Mar 4, 2020

Disabled veterans get Rs 100 as pension despite stay by Supreme Court

The bureaucracy at the highest level in the Ministry of Defence kept the political leadership in dark regarding a decision that eventually led to an unexpected withdrawal of income tax benefits to disabled veterans last year.

Mar 2, 2020

CBI books GST official, Ashoke Pandit's brother on corruption charges of over Rs 3.96 crore

The Central Bureau of Investigation (CBI) on Friday lodged an FIR against Deepak Pandit, an Assistant Commissioner of GST and Central Excise, who is also the brother of filmmaker Ashoke Pandit on charges of corruption and amassing disproportionate assets.

Feb 29, 2020

KGF actor Yash requests BS Yediyurappa to make Sandalwood's 4-decade old dream a reality

Rocking Star Yash, speaking at Bengaluru International Film Festival, requested Karnataka Chief Minister BS Yediyurappa to construct a film city in Karnataka.

Feb 27, 2020

Modi-Trump Meet: Will the long-awaited trade deal between India-US find answers?

India is included in the list of countries by the US to be hit by steel and aluminium tariffs. Harley Davidson has to pay a tremendous tariff when they have to sell in India. India also imposed retaliatory tariffs on American almonds, apples and other goods.

Feb 25, 2020

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