Government: Page 4

Finance

Is the Government Pushing More VCs to Set Up Funds in India's GIFT City?

The Central Board of Direct Taxes (CBDT) announced a list of 21 source countries that will not be subject to the angel tax provisions on Wednesday. The list did not include nations like Singapore and Mauritius, which have established themselves as preferred jurisdictions for investments in India.

News and Trends

Centre To Mint INR 75 Coin For New Parliament Building Inauguration

Though commemorative coins are considered legal tender, they are not released for general circulation

News and Trends

India Will Not See Monopoly Or Duopoly In Telecom Sector: Ashwini Vaishnaw

Speaking at the Express Adda on Saturday, the minister allayed concerns of a duopoly emerging in the market with weakening financials and dropping market share of Vodafone Idea Ltd

News and Trends

Withdrawal Of INR 2000 Notes Is a Non-Event In India, Says SBI

The report also said that the digital payments in India has been witnessing new milestones, in both value and volume terms

News and Trends

EV Industry Reacts To FAME II Subsidy Reduction On Electric Two-Wheelers from June

Sources stated that the development comes with a motive that the reduction will help regulators offer benefits to more buyers, and also expecting the electric two-wheelers become more expensive

News and Trends

After 10 Months Of Government's Ban, BGMI Is Back To India

The gaming app will be available for download in India on Google Play Store and Apple App Store after almost 10 months

News and Trends

Tesla Proposes New EV Plant In India: Report

The electric carmaker's renewed interest in India comes nearly a year after it put on hold plans to sell cars in the country after failing to secure lower import taxes, which its CEO Elon Musk said are among the highest in the world

News and Trends

WhatsApp To Deregister Mobile Numbers Used For Committing Fraud

WhatsApp said in a statement on Tuesday that the platform was engaging with the government to resolve the issue

News and Trends

No Obscene Content; Parliament To OTT Platforms

The panel also sought details about the revenue generated by these platforms from India and what amount was invested back into the country

News and Trends

Government To Oversee the Progress Of Startups, Says Jitendra Singh

According to the report, the minister said over the years startups have witnessed a shift from IT to Biotech and Earth Sciences as new opportunities have opened in Oceanography

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New E-Commerce Policy In Progress: Government

DPIIT secretary Rajesh Kumar Singh said that the draft regulations would first be discussed in public before the government would take a final view

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ONDC Emerges As a Strong Competitor For Online Food Delivery Majors

Both business and customer dynamics of ONDC are reportedly competing effectively with Swiggy and Zomato in the context of online food delivery business

News and Trends

RR Kabel Files IPO Papers For INR 225 Crore

The proceeds from the IPO will be used towards funding repayment or prepayment of loans taken from banks and financial institutions, estimated at INR 170 crore

News and Trends

Government To Release Subsidy Under FAME II: Report

According to the report, the subsidy amount will be released once the companies submit the details of the reimbursements made by them

News and Trends

Government To Roll Out Quality Standards For Drones And EVs

Based on the discussion between concerned ministries and government departments, more products have been identified for notifying them under quality control orders (QCOs) and mandating compulsory certification of BIS, according to sources