The chamber has sought clarity from government to remove uncertainty among businesses The government must clearly outline the scope of ‘e-commerce’ under the goods and services tax (GST), as the current definition can include even commodity derivatives exchanges where there is no actual delivery of goods, Assocham has said. “E-commerce definition, as given in GST dispensation, has been left so wide that it could go well beyond Amazon or Flipkart marketplace platforms and may ... Rediff.com, 6 days ago
By Peter Hobson and Jan Harvey LONDON (Reuters) - Intercontinental Exchange (ICE) is set to launch clearing for London's benchmark gold price auction before participants are ready as it races to prevent rivals muscling in on the city's $5 trillion-a-year ...Sify, 1 month ago
Polling begins for Punjab Assembly elections Polling for 117 Punjab assembly seats that will decide the fate of 1,145 candidates began today amid tight security. Punjab is witnessing a three-cornered contest between ruling Shiromani Akali Dal-BJP alliance, ...Deccan Herald, 2 months ago
After Bharti Airtel launched its payments bank in January , Idea cellular has set itself a June threshold to launch payments bank operations. Interestingly, Vodafone was rumoured to go live with their payments bank in March 2017 , however, that does not seem ...Trak.in, 6 days ago
The rollout of Goods And Services Bill (GST) is now 99% confirmed effective July 2017. After Lok Sabha passed 4 crucial bills related to GST late last month, Rajya Sabha has cleared the bill without any modifications . Now, only States need to discuss the ...Trak.in, 2 weeks ago
Did the EC forget that AAP is not the first to raise questions about faulty EVMs? BJP did it in 2009
As a young TV reporter, my first beat was to cover the Election Commission (EC). TN Seshan was the chief election commissioner (CEC) those days. He was appointed by VP Singh but was known for his proximity to Rajiv Gandhi and the Congress. But when Seshan ...catchnews.com, 2 weeks ago
Railways minister Suresh Prabhu has cleared a new catering policy that offers licences for opening multipurpose stalls (MPS) at railway stations. These stalls would be allowed to sell most items, including OTC (over-the-counter) medicines and resemble transit ...The Financial Chronicle, 1 month ago
Supreme Court Lashes Out At Centre; Asks How Did They Made Aadhaar Mandatory When Court Has Made It Optional
Aadhaar Tussle: Supreme Court Lashes Out At Centre, Asks Why Did They Make Aadhaar Compulsory? Supreme Court of India has come out strongly against Centre, for making Aadhaar compulsory for filing of Income Tax returns and other activities. In one the ...Trak.in, 1 day ago
Flipkart to Stop Offering Refund Policy on Certain Categories; Other E-Commerce Platforms Considering it too!
Flipkart, the e-commerce company based out of Bangalore is set to tighten its return policy for many popular products that are sold over its platform. The move is said to help the company and vendors on board cut operational costs; however, as a repercussion ...Trak.in, 2 days ago
This will add to the compliance burden of the industry Entities will have to keep records of goods lost, stolen, destroyed and given as gifts or free samples under the goods and services tax (GST) regime, expected from July 1. Complying with the “accounts and record” draft rules, put in public domain on Wednesday, will add to the compliance burden of industry. “Every registered person … shall maintain accounts of stock in respect of each commodity received and supplied ...Rediff.com, 2 days ago
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