Regulation

Crackdown on fake product reviews in India; govt unveils new framework [details inside]

Aiming to guard customers from fake online reviews of products, the government on Monday issued a comprehensive set of guidelines that would come into effect from November 25 and would be voluntary in nature.

Nov 22, 2022

RBI report flags large-scale variation in property tax collection across civic bodies

It may look surprising but it is a fact that the property tax revenue of the municipal bodies in Delhi is much more than that of bigger states including Uttar Pradesh, Madhya Pradesh, Rajasthan and many other states.

Nov 20, 2022

India's new privacy bill proposes cross-border data transfer, tough penalties; Big Tech in sigh of relief

In a relief for Big Tech, the IT Ministry on Friday proposed a new draft of digital personal data protection bill that will allow cross-border transfer of some users' data with "certain notified countries and territories".

Nov 18, 2022

From microelectronic to semiconductor; how govt is enhancing Internet penetration [details]

Union Minister of State for Electronics & IT, Rajeev Chandrasekhar on Thursday said that the Centre is undertaking various collaborative measures to enhance "underlying technologies like microelectronic and semiconductor to increase Internet penetration".

Oct 27, 2022

India's National Logistics Policy, ULIP integration and Flipkart's role in it: A winning formula

ULIP in logistics policy frees exporters from cumbersome processes; Flipkart played its part [details]

ULIP will bring all the digital services related to the transportation sector into a single portal, freeing the exporters from a host of long and cumbersome processes. See Flipkart's role in it.

Sep 18, 2022

Fintech Uni's card services suspended; millions of users affected [details]

Uni said that is proactively suspending services Uni Pay 1/3rd Card and the Uni Pay 1/2 Card, which will impact millions of users.

Aug 19, 2022

Personal Data Protection Bill to be withdrawn; sharper one in offing [details inside]

The government on Wednesday said it will withdraw the contentious Personal Data Protection (PDP) Bill 2019 which has seen 81 amendments in the past three years and will introduce a new, sharper bill that fits fit into the comprehensive legal framework and protect the data of billions of citizens.

Aug 3, 2022

Oppo, Vivo, Xiaomi served notices for duty evasion; FM informs Rajya Sabha [details]

Mobile companies Oppo India, Xiaomi India and Vivo India have been served notices by the Directorate of Revenue Intelligence (DRI) for duty evasion, Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday.

Aug 2, 2022

Flour, pre-packed food, hospital rooms get costlier with GST hike; see list of items affected [details]

Flour, curd and pre-packed food items are set to get costlier from Monday as the customers will have to pay 5 per cent GST on them.

Jul 18, 2022

As QR codes made mandatory on medicines, experts underline challenges ahead for industry

In March, the ministry had asked the department of pharmaceuticals (DoP) to shortlist drug brands that can be included in the implementation of mandatory QR codes.

Jun 25, 2022

TDS on virtual digital transactions NOT slashed to 0.1%; website error rectified [details]

In what came as a major relief for crypto exchanges in India on hearing that the IT department slashed the TDS rate for virtual digital assets to just 0.1 percent, it was only a short-lived fantasy. Read more.

Jun 8, 2022

Excise duty cut on petrol, diesel; subsidy announced for Ujjwala gas beneficiaries [details]

The government has decided that this year it will give a subsidy of Rs 200 per gas cylinder (upto 12 cylinders) to over 9 crore beneficiaries of Pradhan Mantri Ujjwala Yojana.

May 21, 2022

Erring companies will be penalised; Nitin Gadkari reacts to rising EV fire mishaps [details]

With the shocking number of EV fire accidents being reported almost on a regular basis, the Centre has decided to intervene with a stern warning for erring companies.

Apr 22, 2022

Why Telcos still giving cold shoulders to slashed spectrum prices reserved by TRAI

The Telecom Regulatory Authority of India (Trai) recommended slashing the base price between 35 and 40 per cent for the auction of major 5G spectrum airwaves

Apr 14, 2022

MSME gets major boost in India; over ₹6K crore approved for new RAMP scheme [details]

"Raising and Accelerating MSME Performance" (RAMP) is a World Bank assisted Central Sector Scheme, supporting various Corona Virus Disease 2019 (COVID) Resilience and Recovery Interventions of the Ministry of Micro, Small and Medium Enterprises (MoMSME).

Mar 30, 2022

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