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Regulation

smartphone sales in q1, smartphone shipments in q1 2017, india smartphone sales, samsung smartphones, apple smartphones, huawei smartphones, indian smartphone market

Trai cuts cross-network connection charge: Advantage Jio, more worry for Airtel and Vodafone-Idea

While cutting the IUC, rate the authority added that the termination rates will be abolished from January 1, 2020. Sep 20, 2017
US Citizenship and Immigration Services

Visa lifeline for IT: US H-1B premium visa processing is back on the rails

Premium processing has also been resumed for the annual 20,000 additional petitions set aside for workers with US higher educational degrees. Sep 19, 2017
Infosys

GoM admits that network glitches stymied GST filing

Sushil Kumar Modi-led GoM gives Infosys a month to fix glitches, mandates that team will review progress every fortnight. Sep 17, 2017
gst, gst seminar, gst bill, gst council, gst hasmukh adhia, gst facebook, gst rates

No further extension in filing returns under GST: Government

July returns are to be filed by October 10 under GSTR1, October 31 under GSTR2 and November 10 under GSTR3. Sep 17, 2017
india, external trade, merchandise trade, india exports, imports, trade deficit, gold imports, engg imports, fiscal deficit, nirmala

GST recoil: Exporters say higher costs hit orders, exports drop 15% till October

Costs rise 1.25 percent as govt delays duty refunds; resulting liquidity crunch forces exporters to postpone shipments. Sep 16, 2017
GST protests

GST: Rs 65,000 crore credit, CBEC to scrutiny claims value over 1 crore

CBEC has directed tax officials to verify GST transitional credit claims of 162 entities, whose claim valuation is over Rs 1 crore. Sep 15, 2017
IT dept recovers old currency

Bleak days for black: PAN, company audit reports enter govt's watchlist

Ministry of Corporate Affairs and CBDT to share data for carrying out scrutiny, inspection, investigation and prosecution. Sep 14, 2017
Mahindra Revai, electric car

Karnataka's ambitious push for green fuel: IT capital aims at becoming EV capital of India

Karnataka government has come up with a policy aiming at establishing EV manufacturing zones and facilities for testing that can be used even by start-ups. Sep 14, 2017
AAdhar card

Here are 4 Aadhaar-linking deadlines you need mark on the calendar

The government has made it mandatory to verify Aadhaar with know-your-customer (KYC). According to the new rules, one must submit Aadhaar and PAN details to be KYC-compliant. Sep 13, 2017
Tax

Modi govt clears bill to double gratuity ceiling to Rs 20 lakh

With the amendment of the bill, the maximum limit of gratuity of employees of the private sector, public undertakings and autonomous organisations are now at par with the central government employees. Sep 13, 2017
income tax defaulters, i tax name and shame, tax defaulters, raids on shell companies, crackdown on black money, modi govt and black money, it raids on shell companies

Hell goes into 'shell': Over 100,000 directors of bogus firms to be booted out for 5 years

26 CAs associated in sustaining these shell companies have been identified Sep 12, 2017
Bank Employees strike

Bank employees to stage protests on September 15

The banking sector wants the government to focus on concerns such as staff shortage and real recovery of Non-Performing Assets (NPAs). Sep 12, 2017
Electric car

Horsepower vs bulldozers: Govt's electric impulse needs a better policy plug

We have some way to go before the creation of an EV ecosystem which the consumer can't escape. Sep 11, 2017
GST

GST peppered with input credit claims for Rs 62,000 crore in July

Govt to investigate unduly large input tax credit claims made before GST was introduced on July 1. Sep 11, 2017
RBI, Reserve Bank of India

Bad loans: Credit rating must for next set of NPAs, says RBI

The lenders have informally informed companies regarding the on-the-rating requirement, but no official communication on this yet. Sep 11, 2017
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