Hela

Hela February 12, 2019

Kuwait Investment Authority (KIA), one of the five largest sovereign wealth funds of the world, is keen to triple its investments of $5 billion in India by entering areas such as infrastructure, airports and highways, people familiar with developments said on Tuesday. The Kuwait government has also proposed to India the possibility of joint investments […]

Hela February 12, 2019

India and the United States are squaring up for an exchange of blows on trade issues as space for a negotiated agreement is running out. The United States Trade Representative’s Office (USTR) has run out of patience over a two-year dispute on medical device price controls, not least because New Delhi suddenly walked away from […]

Hela February 12, 2019

India’s long-pending e-commerce policy is stuck because the enabling personal data protection law is yet to be cleared by the cabinet and the government neither wants to upset foreign investors nor alienate the country’s 70 million domestic traders, a key constituency of the ruling Bharatiya Janata Party (BJP). Changes in foreign direct investment policy for […]

Hela February 12, 2019

Japan’s shut, most other Asian equity markets aren’t doing much, and you can read about the big exception — China — here. So we’re going to use this opportunity to talk about India, where an unpredictable election looms. Even before the ballot takes place, a host of worries is raising questions about whether the country’s […]

Hela February 12, 2019

There EDMC budget announced on January 22, 2019 has proposed constructing new schools in 10 localities(HT File / Representative Photo ) The cash-strapped East Delhi Municipal Corporation (EDMC) has decided to scrap proposals to impose new taxes in the financial year 2019-20. To cope with losses, then EDMC commissioner Puneet Goel had in December proposed three new […]

Hela February 12, 2019

The implementation of the third municipal valuation committee’s report by the SDMC will result in a substantial increase in property tax for commercial units. (Burhaan Kinu/HT File ) The South Delhi Municipal Corporation (SDMC) has partially approved the third municipal valuation committee’s (MVC) report . While increase in property tax rate for residential properties was […]

Hela February 12, 2019

The finance minister, in his interim budget speech, proposed a complete rebate on tax for those earning up to ₹5 lakh a year, with an eye on middle-class voters before the general elections this year. The beneficiaries of this move could include people with annual income of around ₹10 lakh. This is because various tax […]

Hela February 12, 2019

On January 30, 2019, the Government of India reduced the customs duty on Electric Vehicles (EVs) that are imported in completely knocked down or semi knocked down state from 15-30% to 10-15%. This, the Centre hopes, will make it more attractive to ship greener vehicles into the country than those run on fossil fuels, and […]

Hela February 12, 2019

UK-based Indian doctors and healthcare professionals are campaigning against what they describe as an “unfair” doubling of a health surcharge imposed on professionals from outside European Union (EU) living and working in Britain. The“Immigration Health Surcharge” was introduced in April 2015 and from December last year, it was hiked from 200 pounds to 400 pounds […]