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Business

Revolutionary 'Track and Trace Mechanism' Launched to Combat GST Evasion

The GST Council introduces the 'Track and Trace Mechanism' to monitor goods prone to tax evasion, affixing a unique mark on these goods or their packaging. This move aims to enhanc...

Business

Albania to Ban TikTok in 2025: A Year-Long Break for Education and Safety

Albania's Prime Minister Edi Rama announces a nationwide ban on TikTok starting in 2025, citing concerns about its impact on education and children's well-being. The ban comes amid...

Business

GST Council Meeting: States Reject Proposal to Include ATF

Union Finance Minister Nirmala Sitharaman announced that states have rejected the proposal to include aviation turbine fuel (ATF) within the GST framework during the 55th GST Counc...

Business

2024 Space-Tech Funding Dips, but Industry Sees Hope for Recovery

Indian space-tech startups see a funding decline in 2024, but industry stakeholders remain optimistic about a revival, citing growing interest from government and private players.

Business

Bombay HC Extends Revised Return Filing Deadline for Taxpayers Affected by Rebate Issue

The Bombay High Court has extended the deadline for taxpayers affected by software changes in the tax filing platform to file revised returns and claim tax refunds under Section 87...

Business

Andhra Pradesh and PhysicsWallah Partner to Launch Rs 1,000 Crore University of Innovation

Andhra Pradesh partners with PhysicsWallah to establish a Rs 1,000 crore University of Innovation, aiming to create the state's first institute of eminence focusing on AI and emerg...

Business

FPIs Turn Sellers: Rs 977 Crore Equity Offloaded Amid Global Market Volatility

Foreign portfolio investors offloaded equities worth Rs 977 crore this week, shifting from buyers to sellers amid global market volatility. Despite the week's selling, overall Dece...

Business

GST Council Revises Tax Rates: Popcorn and Used Cars Impacted

The GST Council meeting in Jaisalmer has revised tax rates, increasing the GST on used cars to 18% and adjusting rates for popcorn and fortified rice kernels.