Articles for tag: Access, Bandhan, Bank, Bengal, Collection, confirming, Enhancing, Government, GST, Payment, Revenue, Role, Service, Services, Unveils, West

September 9, 2024

Bandhan Bank unveils GST payment service, enhancing access to government services and confirming its role in revenue collection in West Bengal.

Bandhan Bank has introduced a new service enabling both customers and non-customers to pay Goods and Services Tax (GST) online and offline. This initiative is part of the bank’s commitment to providing easier access to government services, according to Rajinder Babbar, Executive Director and Chief Business Officer. As a Kolkata-based private bank, Bandhan Bank has ...

September 8, 2024

Market News

Business

In a dramatic effort to support lawyers, Delhi’s Kejriwal government launches aid schemes, impacting thousands during crises.

Delhi Law Minister Atishi highlighted the successes of the Chief Minister Advocate Welfare Scheme, initiated by the Kejriwal government in 2019 to support lawyers. The scheme, backed by an annual fund of Rs 50 crore, has enrolled around 28,000 lawyers. It provides significant benefits including Rs 1 million in term insurance and Rs 5 lakh ...

September 5, 2024

Market News

Business

Government ITIs excel in new grading, boosting employment prospects and skills training for millions, signaling a brighter future.

Industrial Training Institutes (ITIs) in India have shown improved performance, signaling better employment prospects for students. In the latest grading by the Ministry of Skill Development and Entrepreneurship, nearly 19% of approximately 15,000 ITIs scored above 8 out of 10, up from 12.4% last year. The highest scorers, with grades of 9.6, are located in ...

September 5, 2024

Market News

Business

The GST Council weighs options to reduce health insurance taxes, potentially aiding affordability while impacting government revenue significantly.

The GST Council is set to discuss four proposals to alter the tax treatment of health insurance during its upcoming meeting. These options stem from a request to reduce taxes on health insurance products, aiming to make them more affordable. The proposals include fully exempting all health insurance premiums, cutting the GST rate from 18% ...

September 4, 2024

Market News

Business

Bihar’s Mining Battles: Government Rejects Armed Police Amid Rising Sand Mafia Violence

The Bihar government aims to generate approximately Rs 5,000 crore from upcoming auctions of mineral blocks in Rohtas, Gaya, and Jamui. Recently auctioned blocks include glauconite in Rohtas and rocks containing valuable minerals like chromite, nickel, and platinum group elements in Gaya. In October, three more mineral blocks are set to be auctioned. The Mines ...

September 2, 2024

Market News

Business

Government Reaps Rs 2,413 Crore Dividend from BPCL: Financial Surge Continues

The Indian government received Rs 2,413 crore in dividends from Bharat Petroleum Corporation Limited (BPCL), as announced by the Department of Investment and Public Asset Management (Dipam). This amount is part of a total Rs 15,389.14 crore collected from various public sector enterprises in the current financial year, which includes dividends from companies like Indian ...

August 31, 2024

Market News

Business

Surge in Mumbai Property Registrations: Government Eyes ₹1,050 Crore Windfall

In August 2024, property registrations in the Mumbai municipal region are projected to rise by 7 percent, reaching approximately 11,650 units, according to Knight Frank India. This marks an increase from 10,902 registrations in August 2023, reflecting strong demand in both the primary and secondary property markets. The Maharashtra government is expected to generate over ...

May 17, 2024

Market News

Business

Frontier Airlines waves goodbye to change fees as government pushes for more openness in travel industry

Frontier Airlines has made a big change that travelers will appreciate – they are getting rid of change fees. This move comes as the Biden administration focuses on increasing transparency in the airline industry. This means that customers will no longer have to worry about paying extra if they need to make changes to their ...

May 16, 2024

Market News

Business Current Affairs Today

Zoho’s $700mn Chipmaking Foray: Current Affairs Question and Answers on Government Incentives

Today’s Current Affairs: Zoho Plans $700 Million Entry into Chipmaking Industry Indian software company Zoho is making waves with its recent proposal to venture into chipmaking, seeking incentives from the government. With a potential investment plan of $700 million, Zoho aims to manufacture compound semiconductors, a specialized technology crucial for various commercial applications. This move ...