With this interpretation, papad cannot be equated with any other un-fried fryums and hence it is liable to pay 18 per cent GST, as against nil GST applicable for papad, the AAR has said.
The Finance Ministry on Monday released the 12th instalment of Rs 6,000 crore to states to meet the GST compensation shortfall, taking the total amount released so far under this window to Rs 72,000 crore.
The government has extended the preliminary bid submission deadline for buying Pawan Hans by a month till February 18. The Department of Investment and Public Asset Management (DIPAM) had in December invited bids for strategic sale, along with transfer of management control, of helicopter service provider Pawan Hans. The date for bid submission was January 19.
Petrol price in the national capital neared the Rs 85 a litre mark while diesel rates in Mumbai were close to Rs 82 as fuel prices were raised by 25 paise per litre each on Monday.
Gold prices rose by Rs 117 to Rs 48,332 per 10 grams in the national capital on Monday with recovery in international prices and rupee depreciation, according to HDFC Securities.
Equity benchmark Sensex plunged 470 points on Monday, tracking losses in index majors Infosys, HDFC and ICICI Bank amid a weak trend in global markets.
Equity benchmark Sensex dropped over 200 points in early trade on Monday tracking losses in index majors Infosys, HDFC and TCS amid a mixed trend in global markets.
The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) worth about Rs 4,600 crore will hit the market today on January 18.
The initial public offering (IPO) of the Indian Railway Finance Corporation (IRFC) will open on January 18 in the price band of Rs 25-26 per share. The IPO worth over Rs 4,600 crore would close on January 20.
The SII has partnered with Novavax Inc to manufacture its potential Covid-19 vaccine for India and other countries.
The companies are expecting to benefit from an equity market, which is flush with liquidity and has seen a sharp increase in new retail investors.
Bill Gates also owns a stake in more than 24,800 acres of transitional land outside of Phoenix.
Shoppers Stop Ltd on Friday reported widening of its consolidated net loss to Rs 25.11 crore for the third quarter ended December 31, 2020. The company had posted a net loss of Rs 6.51 crore in the October-December quarter a year ago.
HCL Tech's revenue grew 6.4 per cent to Rs 19,302 crore in the quarter under review, from Rs 18,135 crore in the year-ago period (as per US GAAP).
Kerala FM Thomas Isaac commenced his Budget speech with quotes from a poem written by Sneha, a Class 7 student of Kuzhalmandam government school in Palakkad.
The government is likely to announce hike in the cash support for farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).
Meanwhile, experts suggest that investors should buy gold on dips towards Rs 49,000 for an initial upside target of Rs 49,500.
Snapdeal, one of India's largest e-commerce platforms, along with four Indian shopping complexes, two of them in New Delhi alone, have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy issued by the Office of the US Trade Representative.
There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system, Gerry Rice, Director of Communications at IMF, said at a news conference in Washington on Thursday.
The Ministry of Railways on Thursday rejected reports of charging extra fares from passengers. In a press statement, the ministry termed the claims "misleading" and "not based on all the facts".
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