-The Times of India NEW DELHI: The government urged traders on Saturday to register for the goods and services tax (GST) soon, and not wait for the July 30 deadline. If one is owns a business with an aggregate turnover exceeding Rs 20 lakh in the preceding financial year (Rs 10 lakh in special-category states), they will need to register in all the states and Union territories to which they make...
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Tamil Nadu's granary losing substantial ground: delta region shrinks by 20% -Vidya Venkat
-The Hindu Climate change and anthropogenic factors are having a detrimental effect on the Cauvery delta region, a study spanning almost four decades reveals The Cauvery delta region, widely regarded as the granary of Tamil Nadu, has shrunk, with cultivable lands increasingly deteriorating into waste lands — this is the finding of a recently concluded study undertaken by retired professor of the Madras Institute of Development Studies (MIDS) S. Janakarajan. Funded by the...
More »Non-availability of machines slowed down counting of withdrawn notes: Urjit Patel -AM Jigeesh
-The Hindu Business Line Remonetisation taking place at a good pace, RBI Governor tells House panel New Delhi: RBI Governor Urjit Patel told the Parliamentary Standing Committee on Finance that the non-availability of the currency verification processing system (CVPS) machines is one reason why the counting of demonetised notes is not yet done. Though he painted a rosy picture of the digitisation process in the country post-demonetisation before the panel, figures presented by...
More »IRDAI issues new norms for mediclaim policies -Rachel Chitra
-The Times of India CHENNAI: Many customers only realise at the time of making a claim that their health insurance policy does not cover certain medical conditions or ailment. Policy holders usually depend on what has been told to them by their insurance agents, who sometimes overstate the coverage. To prevent such cases, the Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to group together all policy exclusions...
More »Surat Textile Traders on Indefinite Strike Against GST -Damayantee Dhar
-TheWire.in The traders have incurred a loss of over Rs 5000 crore in the last 22 days, while 15 lakh labourers have lost their jobs due to the shutdown. Surat: On July 8, Surat, the economic capital of Gujarat, witnessed an unprecedented protest against the new tax regime, the Goods and Service Tax (GST). Texile traders swarmed a three-km stretch on the Ring Road, which holds city’s main textile market, on a...
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