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An institutional mechanism is being worked on by the Indian government’s Finance Ministry and the Commerce Ministry industry for the verification of tax refunds provided to exporters under key duty remission scheme of the government to steer clear of countervailing duties imposed by major importing countries like US and EU. Following an anti-subsidy investigation, the […]
According to draft papers submitted with the Securities and Exchange Board of India (SEBI) on 15th June, South Korea’s Hyundai Motor plans to sell up to 17.5% of its India unit during the IPO, in what could be the biggest-ever IPO in Indian history. The car manufacturer wants to raise $2.5–3 billion through initial shares […]
To enhance Samsung Wallet users’ experience, Samsung has partnered with Paytm. Movie bookings, events, flights, and buses have been made possible through Samsung Wallet thanks to the collaboration with One 97 Communications, the company that owns the Paytm brand. By providing a smooth, integrated booking experience straight through the Samsung Wallet and enabling access to […]
ITUWTSA will be held at Pragati Maidan in New Delhi, India, from 15th to 24th October, 2024. The World Telecommunication Standardization Assembly (WTSA) of the International Telecommunication Union (ITU) is the ITU Standardization Sector’s governing conference. Headquartered in Geneva, Switzerland, ITU is a specialized agency of the United Nations for information and communication technologies (ICTs). […]
The Department of Telecommunications (DoT) has provided a list of Do’s and Don’ts when it comes to mobile cybersecurity. Let’s check them out. Do’s A record of IMEI number must be kept to help in registration of complaints and tracing of handset in case it is lost or stolen. Always lock your phone or keep […]
The Unique Identification Authority of India (UIDAI) has announced that it has extended the deadline to update Aadhaar card details without any charges. The UID holders have been given time until 14th September to complete their Aadhaar card update without incurring any fees, according to UIDAI. While the Aadhaar card update remains free on the […]
The Insurance Regulatory and Development Authority of India (IRDAI) has made it compulsory for life insurance savings to have the option of loan against the policy to enable policyholders to satisfy their liquidity requirements. The regulator increased the free-look period which gives customers a chance to check the terms and conditions of their life insurance […]
The Stock and Exchange Board of India (Sebi), in collaboration with the National Institute of Securities Market (NISM), has introduced a free Investor Certification Programme. This voluntary certification has been launched with the objective of helping investors in testing their knowledge of markets and investing, according to the market regulator. Sebi said that this programme […]
BJP-led NDA government plans to significantly increase the pension payments provided to central government employees under the National Pension System (NPS). Relative to the present market-based returns system, the proposal provides a pension guarantee of up to 50% of the last basic pay. Finance Secretary-led Pension Scheme Committee A committee headed by Finance Secretary T […]
Beneficiaries of PM-Kisan Nidhi have good news! Prime Minister Narendra Modi, on 10th of June, signed his first file as PM for the third time, to release the 17th installment of PM Kisan for farmers. Each beneficiary farmer will receive Rs. 2000 under this installment. By the end of this month, the money is anticipated […]