Tag: bus
GST Council Slashes Tax On EVs And EV Chargers
Close on the heels of Union Budget providing tax relief for buying electric vehicles, the GST Council in its 36th meeting on Saturday cut the tax on electric vehicles (EV) from 12 per cent to 5 per cent effective August 1, 2019.....
RBI Slashes Lending Rate By 35 Bps To 5.40%
The Reserve Bank of India on Wednesday broke with convention by reducing its key lending rates by 35 basis points which is expected to make home and auto loans cheaper and rev-up the economy by unleashing consumption.....
Jio GigaFiber's Commercial Services Start September 5
Reliance Industries (RIL) Chairman Mukesh Ambani on Monday announced the launch of Jio GigaFiber and said that the services would be available commercially from September 5.....
11 Killed In Maharashtra Accident
Eleven people were killed and 23 injured in a head-on collision between a container truck and a state transport bus, police said here on Monday.....
Govt Prevails Over RBI To Release Rs 176,000 Cr Surplus
On Monday, the government won and the RBI lost in what turned out to be an attritional war that saw a Governor being scalped. One can argue that the central bank works at the pleasure of the government and the RBI Act says this with great clarity. Mint Street after its board meeting announced that it will transfer a surplus of a little over Rs 1.76 lakh crore to the government.....
Finance Minister Announces Rs 60,000 Cr Boost To Exports, Housing
With GDP growth sliding to six-year low of 5 per cent in April-June quarter and several sectors facing low demand, Finance Minister Nirmala Sitharaman on Saturday announced a fresh set of measures to boost exports and the housing sector.....
Booster Shots: Corporate Tax Rate Cut, More Measures For Cap Flow In Markets
Hit hard by a slowing economy and a brewing global oil crisis, the government on Friday announced a series of tax incentives to boost the industry and restart investment. ....
Surge In Fuel Prices Continues
Fuel prices continue to soar on Tuesday. In Delhi, petrol rates surged to Rs 74.61 a litre, the highest since November 25 last year. Diesel was selling at Rs 67.47 a litre in the national capital.....
Mirchi Probe: ED Summons Ex-promoter Of Bhushan Steel
The Enforcement Directorate's (ED) probe into property deals related to Iqbal Mirchi, fugitive don Dawood Ibrahim Kaskar's close aide, has started revealing corporate connections with the agency summoning former promoter of Bhushan Steel over Rs 19 crore transaction.....
Centre To Take Call On Onion Imports As Prices Surge
With supplies running short and onion prices at Rs 80 a kg, the Consumer Affairs Ministry said on Tuesday that the government will act as a facilitator for onion imports to ease the process and ensure a quick and healthy supply from other countries. ....
