https://www.thehindubusinessline.com/news/sports/28-gst-on-horse-race-betting-a-great-disappointment-tai/article67102153.ece Clipped from: https://www.thehindubusinessline.com/news/sports/28-gst-on-horse-race-betting-a-great-disappointment-tai/article67102153.ece TAI asks govt to review the GST rate to support agricultural-based industry The GST Council’s recent decision to impose 28 per cent
Category: Industry
Misplaced interest
https://www.business-standard.com/opinion/editorial/misplaced-interest-123071701073_1.html lipped from: https://www.business-standard.com/opinion/editorial/misplaced-interest-123071701073_1.html Govt equity in chip design firms is impractical Listen to This Article The government’s efforts to stimulate a domestic semiconductor industry are
🙏Can online gaming companies survive the 28% GST? – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/bl-explainer-can-online-gaming-companies-survive-the-28-gst/article67079053.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-can-online-gaming-companies-survive-the-28-gst/article67079053.ece The Internet and Mobile Association of India is opposed to the levy but the govt says it is necessary to curb gambling addiction
🙏GST Council decides to levy uniform taxation for utility vehicles
https://www.business-standard.com/industry/auto/gst-council-decides-to-levy-uniform-taxation-for-utility-vehicles-123071101059_1.html Clipped from: https://www.business-standard.com/industry/auto/gst-council-decides-to-levy-uniform-taxation-for-utility-vehicles-123071101059_1.html India’s Goods and Services Tax (GST) Council said that uniform taxation would be levied on multi-utility vehicles and sports utility vehicles, according
🙏Cinema industry welcomes cutting GST rates on food served in movie theatres
https://www.business-standard.com/industry/news/cinema-industry-welcomes-cutting-gst-rates-on-food-served-in-movie-theatres-123071101048_1.html lipped from: https://www.business-standard.com/industry/news/cinema-industry-welcomes-cutting-gst-rates-on-food-served-in-movie-theatres-123071101048_1.html Multiplex operators welcomed GST Council’s decision to lower tax rates on food and beverages sold in cinema halls, saying it will help
👍Centre has ‘murdered’ online gaming with 28% GST, says Ashneer Grover
https://www.business-standard.com/economy/news/centre-has-murdered-online-gaming-with-28-gst-says-ashneer-grover-123071200253_1.html Clipped from: https://www.business-standard.com/economy/news/centre-has-murdered-online-gaming-with-28-gst-says-ashneer-grover-123071200253_1.html The new tax puts fantasy gaming tax at the same level as gambling and betting Former Bharatpe Co-founder and MD Ashneer Grover
No review or roll-back; GST move unanimous: Revenue Secy Sanjay Malhotra
https://www.business-standard.com/economy/interviews/imposing-28-gst-on-entire-face-value-a-unanimous-decision-revenue-secy-123071200964_1.html Clipped from: https://www.business-standard.com/economy/interviews/imposing-28-gst-on-entire-face-value-a-unanimous-decision-revenue-secy-123071200964_1.html “I don’t think that the demand for these vehicles is so ‘elastic’ that a small tax change could impact the market drastically”
Clipped from: https://www.thehindubusinessline.com/portfolio/tcs-q4-results-recovery-is-not-around-the-corner/article67072155.ece
With recession risks still persisting, the risk-reward remains unfavourable for the stock for now TCS reported results that were generally in line to marginally weaker,
Residential sales between January and June touched 15-year-high: JLL report
https://www.business-standard.com/industry/news/residential-sales-between-january-and-june-touched-15-year-high-jll-report-123071000429_1.html Clipped from: https://www.business-standard.com/industry/news/residential-sales-between-january-and-june-touched-15-year-high-jll-report-123071000429_1.html The highest residential sales were recorded in Bengaluru followed by Mumbai and Pune Representative Image Listen to This Article The sales of
Medical devices industry will be brought under full regulation by October: DCGI – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/medical-devices-industry-will-be-brought-under-full-regulation-by-october-dcgi/article67044559.ece lipped from: https://www.thehindubusinessline.com/economy/medical-devices-industry-will-be-brought-under-full-regulation-by-october-dcgi/article67044559.ece The DCGI mentioned that 50 percent of medical devices are already under regulation The entire medical devices industry will be brought under
PLI, a truly transformative force – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/pli-a-truly-transformative-force/article67042185.ece Clipped from: https://www.thehindubusinessline.com/opinion/pli-a-truly-transformative-force/article67042185.ece The scheme has helped in attracting manufacturing FDI, reducing import dependence and hiking localisation content Never in my long career have I
Infosys, TCS Q1 results set to disappoint investors; IT sector staring at flat sequential growth | The Financial Express
https://www.financialexpress.com/market/infosys-tcs-q1-results-set-to-disappoint-investors-it-sector-staring-at-flat-sequential-growth/3155448/ Clipped from: https://www.financialexpress.com/market/infosys-tcs-q1-results-set-to-disappoint-investors-it-sector-staring-at-flat-sequential-growth/3155448/ The Indian IT sector is likely to report a subdued earnings performance, while Infosys and TCS may disappoint investors with their flat
How to improve transparency in real estate sector – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/how-to-improve-transparency-in-real-estate-sector/article67020680.ece Clipped from: https://www.thehindubusinessline.com/opinion/how-to-improve-transparency-in-real-estate-sector/article67020680.ece Digitising land records and linking them to Aadhaar/PAN will help. But this requires political will India’s land records system has long been
TCS, Infosys, Wipro down by 20 to 45 per cent from peak: Is it time to invest in new IT Index Fund and ETF? – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/software-stocks-25-off-peak-is-now-the-right-time-to-invest-in-a-new-it-index-fund-and-etf/article67018765.ece Clipped from: https://www.thehindubusinessline.com/portfolio/software-stocks-25-off-peak-is-now-the-right-time-to-invest-in-a-new-it-index-fund-and-etf/article67018765.ece Though on paper Nifty IT is a 10-stock basket, but in essence, two stocks viz, TCS and Infosys account for over 50
Solar capacity installations down by 48% during Jan-Mar: Marcom report
https://www.business-standard.com/industry/news/solar-capacity-installations-down-by-48-during-jan-mar-marcom-report-123052900638_1.html Clipped from: https://www.business-standard.com/industry/news/solar-capacity-installations-down-by-48-during-jan-mar-marcom-report-123052900638_1.html Declining installation and project delays impact India’s solar industry growth, according to the ‘Q1 2023 India Solar Market Update’ report by Mercom
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