Articles for tag: Advertising, Announces, Automotive, Boosting, competitiveness, Data, Exporters, Finance, Growth, GST, Hosting, Minister, Nirmala, Relief, Sitharaman, Union

September 11, 2024

Union Finance Minister Nirmala Sitharaman announces GST relief for automotive, advertising, data hosting, and exporters, boosting growth and competitiveness.

The Union Finance Ministry recently provided relief to several industries, including automotive, data hosting services, and advertising agencies that work with foreign clients. One key circular clarified that demo vehicles used by dealers for test drives can still qualify for GST deductions, as they support vehicle sales. Another circular recognized data hosting services provided by ...

September 9, 2024

Market News

Business

Finance Minister Nirmala Sitharaman announces key GST reforms, including a GoM to reduce insurance taxes and lower rates on cancer drugs.

During the 54th GST Council meeting, Union Finance Minister Nirmala Sitharaman announced the formation of a Group of Ministers (GoM) to evaluate the GST rates for life and health insurance. This GoM will be led by Bihar Deputy Chief Minister Samrat Choudhary and is expected to submit its report by the end of October 2024. ...

September 8, 2024

Market News

Business

Political tensions rise as Congress announces candidates for Haryana, while protests erupt in Manipur against recent drone attacks.

The Congress party has unveiled its second list of nine candidates for the upcoming Haryana elections, including Brijendra Singh from Uchana Kalan and Mohit Grover from Gurugram. Meanwhile, the BJP launched a membership drive in Himachal Pradesh’s Manali, led by former Chief Minister Jai Ram Thakur, aiming to strengthen its local presence. In Imphal, protests ...

May 17, 2024

Market News

Business Current Affairs Today

Twitter is now x.com officially: Elon Musk announces complete domain transition | Current Affairs Question and Answers

Today’s Current Affairs: Elon Musk has officially rebranded Twitter, transitioning the platform completely to x.com. Users accessing the microblogging site were redirected to the new domain, with Musk announcing that all core systems are now on x.com. This move comes after Musk acquired Twitter in a $44 billion deal in 2022, leading to various changes ...