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Sanjeev Sanyal explains Timing of GST rationalisation

Our Bureau New Delhi The Goods and Services Tax (GST) system in India is undergoing significant streamlining eight years after its 2014 introduction, according to Sanjeev Sanyal, member of Prime Minister Narendra Modi's Economic Advisory Council. Sanyal highlighted that when...

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GST reforms hit Swiggy and Zomato hard

Our Bureau Mumbai The new reforms of the Goods and Service Tax that were recently introduced by the Central Government. These new slabs are going to impact the food delivery partners the most as companies like Eternal Ltd. (formerly known...

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Drones to fly even higher with new-gen GST reforms

Our Bureau New Delhi The new reforms of the Goods and Services Tax have changed the structure of several different products that have been shifted to different slabs as per the new guidelines. The GST Council in order to simplify...

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Maharashtra approves increase in working hours to 10 hours

Our Bureau Mumbai This Wednesday, on September 3rd, the Maharashtra cabinet has approved the new amendment of the labour laws that was recently proposed. The new amendment has now allowed companies to increase the maximum daily working hours for private...

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Government approves Next-Generation GST Reforms

Our Bureau New Delhi The Central Government has made a big decision this Wednesday, on September 3rd, ending the complicated Goods and Services Tax slabs and have them trimmed it down to just two slabs now with 5% and 18%....

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Indian, Chinese Firms Speed Up Joint Ventures After Modi-Xi Meet

Our Bureau New Delhi Indian and Chinese companies are moving rapidly to cement partnerships in electronics and automobiles following last week’s meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping. The leaders pledged to improve bilateral ties, a...

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Deutsche Bank Explores Sale of Indian Retail Banking Business

Our Bureau New Delhi Deutsche Bank is considering a complete exit from its retail banking operations in India and has invited bids from domestic and international lenders, two people familiar with the matter told Reuters. The move makes the German...