Staffing industry pushes for lower GST; pitches 5% slab to aid formal hiring
The Indian Staffing Federation urges the finance ministry to lower the GST rate on employment services from 18% to 5%. ISF argues this reduction would ...
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GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say
The Central Board of Indirect Taxes and Customs provides clarity on Goods and Services Tax. GST will not apply to post-sale discounts offered by manufacturers ...
Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’
China has introduced a two-year plan to stabilize its car industry amidst price wars and trade tensions. The initiative, spearheaded by eight government departments, focuses ...
China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves
China is easing gold import/export licensing, aiming to diversify reserves from the US dollar. The People’s Bank of China (PBOC) plans to broaden the use ...
Real estate sector: Institutional investors infuse $80 bn since 2010; foreign capital dominates 57% inflows
India’s property market has attracted nearly $80 billion in institutional investments over the past 15 years, establishing itself as a preferred asset class. Foreign investors ...
Delhi’s Bhai Dooj gift: Pink Card registration to begin from mid October; free bus travel for women
The Delhi government is gearing up to launch its Pink Card initiative by mid-October, offering women lifetime free bus travel as a Bhai Dooj gift. ...