A new Bureau of Indian standards (BIS) Act 2016 which was notified on 22nd March, 2016, has been brought into force with effect from 12th October, 2017. The Act establishes the Bureau of Indian Standards (BIS) as the National Standards Body of India. The Act has enabling provisions for the Government to bring under compulsory certification regime any goods or ...
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Bitcoin crosses $5000 barrier
Bitcoin hit a new record high Thursday with rising investor interest causing a rally for the price of the cryptocurrency. The bitcoin price hit an all-time high of $5,144.97 in early trade on Thursday, according to data from industry website Coindesk. This surpassed the previous high of $5,013.91 hit on September 2. Investors appear to have shrugged off much of ...
Read More »Saras Mela inaugurated by CM tday
DAINIK NATION BUREAU The Himanya Saras Mela-2017 has been inaugurated by the chief minister Trivendra Singh Rawat here in Parade ground on Saturday. In which 18 states self help group (SHG), Artisans and self employed have displayed their products including manufactured and agriculture produce. In his address CM Rawat said that with this exhibition programme people would get a chance ...
Read More »Changes in GST Rates for Goods and IGST Rates on Imports of Goods
As per discussions held in the 22nd GST Council Meeting held under Chairmanship of Union Finance Minister GST RATE FOR FOLLOWING GOODS HAVE BEEN REDUCED S. No. Chapter/ Heading/ Sub-heading/ Tariff item Description Present GST Rate GST Rate Recommended by the GST Council 1. 0804 Mangoes sliced dried 12% 5% 2. 1905 or 2106 Khakra and plain chapati ...
Read More »RBI ups inflation projection to 4.2-4.6% during second half
The Reserve Bank today raised its inflation projection to 4.2-4.6 per cent for the second half of the current fiscal due to firming global oil prices and uncertainty on kharif farm output. RBI in its previous monetary policy in August had projected the Consumer Price Index (CPI) based retail to be in the range of 4-4.5 per cent during second ...
Read More »Excise duty on petrol/diesel reduced by Rs two per litre
DAINIK NATION BUREAU The Union Government has decided to reduce the central excise duty on Petrol and Diesel by Rs 2 per Litre effective from the Wednesday. It would help reducing the prices of Petrol and Diesel and giving relief to consumers. In the past few weeks, the prices of Petrol and Diesel have been rising due to increase in ...
Read More »GES-2017 to be held at Hyderabad
DAINIK NATION BUREAU To plan the Global Entrepreneurship Summit-2017, which will be held November 28-30 at the Hyderabad International Convention Centre in Hyderabad, India, a high-level delegation from the Government of India and the United States met at NITI Aayog on Tuesday. The Summit will be inaugurated by the PM Narendra Modi and Advisor to the President, Ivanka Trump, who leads the ...
Read More »RCoM & Aircel merger deal terminated
Dainik Nation Bureau Reliance Communications and Aircel, who had signed an agreement for their merger in September 2016, have terminated their mobile business merger deal on sunday. “Merger of mobile business of RCom and Aircel lapses with mutual consent,” Reliance Communications disclosed through a release. In September 2016 both the companies had signed necessary agreements for the merger of RCom’s ...
Read More »SBI’s reduced MAB effective from today
DAINIK NATION BUREAU Taking cognizance on the people outcry against the SBI, which had collected Rs 235 crore from custormer who failed to maintain minimum average balance (MAB) in June this year, SBI has reduced their MAB. It has applicable from October 1. Now customers of SBI savings account will pay lower charges for not maintaining minimum average balance. SBI ...
Read More »FM Jaitley hints for reducing GST
DAINIK NATION BUREAU The Union Finance Minister Arun Jaitley has categorically said that as far as GST is concerned, we have space for improvement eventually once we become revenue neutral to think in terms of bigger reforms such as lesser slabs, but for that we have to become revenue neutral plus. To ensure this we have to certainly ensure larger ...
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