-Thw Times of India NEW DELHI: On Tuesday, the state governments of Gujarat and Maharashtra announced a cut in VAT (Value Added Tax) on petrol and diesel. Gujarat took the first initiative, slashing the VAT by 4 per cent. With this rate cut, the price of petrol will come down by Rs 2.93 and that of diesel by Rs 2.72 in the state. The effective price of petrol in Gujarat from...
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Transactions on Unified Payment Interface jump 85%, cross 3-crore mark in September -AJ Vinayak
-The Hindu Business Line Mangaluru: The number of transactions on UPI (Unified Payment Interface) platform crossed 3 crore in September. UPI, which is a mobile-only digital payment mechanism from National Payment Corporation of India (NPCI), went live with 21 banks on August 25, 2016. The latest figures by NPCI indicate a substantial increase of around 85 per cent in the number of transactions on this platform September. The number of transactions on UPI...
More »Sex with minor wife is rape, rules Supreme Court -Krishnadas Rajagopal
-The Hindu Exception clause to the heinous offence of rape allows a man to have sex with his wife who is not aged below 15. The Supreme Court on Wednesday held that a man will be punished for rape if he is found to be guilty of havIng sexual intercourse with his minor wife. A Bench of Justices Madan B. Lokur and Deepak Gupta read down exception 2 to Section 375 (rape) of...
More »Country set for good Rabi season due to late rains: Agriculture Secretary -Madhvi Sally
-The Economic Times NEW DELHI: The country is headed for good rabi season despite below normal monsoon rains, thanks to a surge of rainfall in the last week of September that replenished soil moisture, agriculture secretary Shobhana K Pattanayak has said. The late rains will benefit planting of rabi crops such as wheat and chana, Pattanayak said on Thursday. “We are expecting a very good rabi season, so that should make up...
More »SIT on blackmoney under the RTI Act: CIC
-PTI The SIT was set up on the orders of the Supreme Court in 2014 through a government notification to suggest methods to curb black money in the economy. The Supreme Court appointed Special Investigation Team on black money is answerable under the RTI Act, the Central Information Commission has held. Bringing SIT under the RTI Act, Information Commissioner Bimal Julka said every action of the government must be actuated in...
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