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Sushil Modi to head GoM to study GST revenue shortfall

Bihar Deputy Chief Minister Sushil Modi will head the seven-member committee to look into revenue shortfall being faced by the states after the GST roll-out, and suggest steps for augmenting collections, a GST Council notification said.   The GST Council, headed by Finance Minister Arun Jaitley and comprising state ministers, had on December 22, 2018, Read More…

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TRAI tightens the loose ends of DTH Operators : A la carte Channels Defined

According to the TRAI note, the maximum retail price (MRP) of a channel on a-la-carte can be viewed in the Electronic Programme Guide (EPG) or Menu of their TV screens. “Distribution Platform Operator (DPO) such as cable operators, DTH operators may provide discount on the MRP displayed on the EPG,” TRAI said.   Following this Read More…

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CES 2019 : Products of Technology assisting with emergency preparedness and response displayed

Consumer Electronics Show (CES) by Consumer Technology Association   this year also included a conference panel on how technology can help “create more resilient communities” by tackling problems including poverty, health, education, and sustainability.   The exhibits showcased a broad array of “tech for good” services which use robotics, drones, artificial intelligence and the like. Read More…

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Elections bells ringing Raise in SME Limit to 40 lakhs at GST Council meet

In a bid to give relief to small businesses, the GST Council Thursday doubled the limit for exemption from payment of goods and services tax (GST) to Rs 40 lakh and announced that the higher turnover cap of Rs 1.5 crore for availing composition scheme of paying 1 per cent tax will be effective from Read More…

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Modi says case used for Political purpose and so stay in India not safe for him

According to the Central Bureau of Investigation (CBI), Modi and his uncle Mehul Choksi cheated the Punjab National Bank (PNB) of Rs 14,000 crore by fraudulently securing Letters of Undertaking (LoUs) to obtain credit overseas.   However Fugitive diamond merchant Nirav Modi, a prime accused in the PNB fraud case, told a court in Mumbai Read More…

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Chennai popular hotel restaurants , Bengaluru KGF film actor Producers now under IT raid

IT Raids are being conducted at the offices Chennai leading Hotel chains of Saravana Bhavan, Grand Sweets, Hot Breads and Anjappar Group in Chennai.   Searches are underway at 32 locations in the city, including the homes and offices of the directors of the restaurant groups.   Income Tax department officials said the searches are Read More…

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Apple’s new iPhone XS Max explodes inside Ohio man’s trouser

Josh Hillard from Columbus, Ohio reported that he felt “large amount of heat” and ‘strange smell’ coming from his iPhone XS Max. Moments later, the phone started to emit green and yellow coloured smoke.   “Left no other option, I had to exit the room since there was a female in the break room with Read More…