One of the major positives of the GST roll-out is the consolidation of over a dozen indirect taxes into a single tax. Also, unlike the earlier VAT regime, where tax rates on commodities differed from state to state, the rate of GST has been uniform across the country. Consequently, tax arbitrage that existed under the… Continue reading How uniformity in tax law made a common national market
Author: Economic Times of India Online News
Here’s why all states need to be on same page on electric vehicle policy: Explains CAQM report
The e-vehicles policy of Delhi, notified in 2020, targets a 25% electrification of all new vehicle registrations by 2024. “This policy also aims to register a minimum of 50% of all new stage carriage buses as e-buses, including both city fleet and fleet for last mile connectivity. All delivery service providers shall convert 50% of… Continue reading Here’s why all states need to be on same page on electric vehicle policy: Explains CAQM report
India must focus on sector wise targets to manage climate change impact: Paper
Discussions also raised the need to adopt adaptation techniques to deal with the resulting impacts of climate change, in addition to focusing on mitigation. India needs to focus on sectorally-detailed targets for the next ten years and more to manage climate change impact, suggested a paper. “With the introduction of a Carbon Border Adjustment Mechanism… Continue reading India must focus on sector wise targets to manage climate change impact: Paper
Top NHAI official held by CBI for taking bribe
National Highways Authority of India (NHAI) New Delhi: The Central Bureau of Investigation (CBI) on Friday arrested Digvijay Mishra, the Chief General Manager of National Highways Authority of India for allegedly demanding and accepting a bribe of Rs 10 lakh from a private firm, GHV Pvt Ltd. Sources said he was held after a trap… Continue reading Top NHAI official held by CBI for taking bribe
Now, you can pay parking fines to Gurugram Metropolitan Development Authority through UPI
The traffic police, officials said, are also working towards enabling digital payments for commuters. GURUGRAM: Commuters whose vehicles are towed away due to wrong parking will now be able to pay the penalties to the Gurugram Metropolitan Development Authority (GMDA) through UPI (Unified Payments Interface). Until now, they could only use debit or credit cards… Continue reading Now, you can pay parking fines to Gurugram Metropolitan Development Authority through UPI
What happens when the rupee breaches 80 against the US dollar?
The rupee breached the psychologically important 80 to the dollar mark on Thursday on fears that portfolio investors will hasten sales of equities amid fears that the US Fed will raise interest rates by 1 percentage point later this month to restrain runaway inflation. On Friday, the Indian currency opened 5 paise lower at 79.92.… Continue reading What happens when the rupee breaches 80 against the US dollar?
Mumbai: MoU signed for mobile EV charging stations in near future
MUMBAI: A Pune-based energy distribution startup on Friday unveiled plans to introduce mobile electric vehicle (EV) charging stations in Pune and Mumbai in coming months. These vehicles, whose prototype was released at an event on Friday, will not just arrive at your place to recharge two-wheelers or cars, but will provide only clean fuel as… Continue reading Mumbai: MoU signed for mobile EV charging stations in near future
NHPC inks two pacts to develop green hydrogen tech in Leh, Kargil
Representative Image New Delhi: State-owned hydro power giant NHPC has inked two agreements to develop green hydrogen technologies in Leh and Kargil. “NHPC signed two MoUs for the development of ‘Pilot Green Hydrogen Technologies’ in line with the country’s resolve to reduce the carbon footprint in the Power Sector in Leh and Kargil districts of… Continue reading NHPC inks two pacts to develop green hydrogen tech in Leh, Kargil
Centre & states working on relaxing speed limit: Union road transport minister Nitin Gadkari
Nitin Gadkari AURANGABAD: The central government is working with the state governments to relax the speed limit on state and national highways across the country, said Union road transport minister Nitin Gadkari during his visit to Aurangabad city on Wednesday evening. The minister was in the city to attend an event followed by a review… Continue reading Centre & states working on relaxing speed limit: Union road transport minister Nitin Gadkari
Rupee at life-time low to hit imports, overseas education, travel
The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel costlier while raising fears that the inflation situation could worsen. The primary and immediate impact of a depreciating rupee is on the importers who will have to shell out more… Continue reading Rupee at life-time low to hit imports, overseas education, travel