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June 23, 2024 1:52 PM

GST exemption granted to platform tickets and essential railway services

Finance Minister Nirmala Sitharaman announced that the next meeting of the Goods and Services Tax (GST) Council is tentatively scheduled for mid to late August. GST Council proposes exemption for specific services offered by Indian Railways to the general public, as well as for intra-railway transactions. The sale of platform tickets and services such as retiring rooms, waiting rooms, cloakroom facilities, and battery-operated car services are now exempt from GST. This session aims to addr...

June 12, 2024 11:37 AM

Indian stocks trade firm ahead of May inflation data release

Indian stock indices kicked off Wednesday's trading session on a positive note, with the Sensex and Nifty both up 0.3% and hovering just below their all-time highs. The bullish trend comes ahead of the highly anticipated release of India's May inflation data, as investors brace for potential market-moving revelations. After a largely stable Tuesday, the Indian equity markets continued their recent bull run, with most sectoral indices trading in the green. This upbeat sentiment follows Monday's ...

June 9, 2024 8:27 PM

Union Ministers Take Oath at Rashtrapati Bhavan

In a grand ceremony held at the forecourt of Rashtrapati Bhavan on Sunday evening, Prime Minister Narendra Modi took oath for the third consecutive time. Following his oath, several key leaders of the Bharatiya Janata Party (BJP) were inducted into the Union Cabinet by President Draupadi Murmu.   Amit Shah    Amit Anilchandra Shah, the second minister to be sworn in after Rajnath Singh, took his oath as a Union Cabinet Minister. The 59-year-old BJP leader and key strategist, who served as...

May 27, 2024 5:14 PM

Modi government committed to reforms, technology, and transparency: Finance Minister Nirmala Sitharaman

As the Lok Sabha elections draw closer to their final phase on June 1, Finance Minister Nirmala Sitharaman on Monday highlighted the Modi government's dedication to reforms, cutting-edge technology, and transparency to build a developed India. In a series of posts on social media platform X, Sitharaman assured that, if re-elected, the government will continue to "maximize the value and impact" of hard-earned taxpayer money, ensuring it is put to the best possible use for the benefit of all. Sh...

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