The central government has introduced major changes to the Goods and Services Tax (GST) structure. In its very first meeting on Wednesday, the GST Council approved the new framework, announced by Finance Minister Nirmala Sitharaman. From now on, only two standard rates will be applicable—5% and 18%. The 12% and 28% slabs have been removed, […]
Big Changes in GST Structure, New Rates Effective from September 22 Read More »
“Navaratna Business Excellence Award 2025”, Minister Dr. Shashi Panja Slams BJP MP Over Offensive Remarks Against TMC Leader Mahua Moitra Asansol: The Navaratna Business Excellence Award 2025, organized by the South Bengal Federation of Commerce and Industries, was held at a banquet hall near Chitra Cinema, Burnpur, Asansol. The event was inaugurated with a traditional
‘Navratna Business Excellence Award 2025’ initiated by Merchant Association in Asansol Read More »
New Delhi, August 29, 2025 – Former Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as Executive Director at the International Monetary Fund (IMF) for a period of three years, a government notification said on Friday. The appointment was approved by the Appointments Committee of the Cabinet, according to the order dated
Former RBI Governor Urjit Patel Appointed IMF Executive Director Read More »
Fitch Ratings on Monday reaffirmed India’s credit rating at BBB- with a stable outlook, citing strong economic growth and resilient external finances. However, the agency flagged India’s high fiscal deficits, debt, and debt servicing costs as key weaknesses when compared with other countries in the BBB category. It also noted that structural factors such as
Fitch Retains India’s BBB- Rating, Sees Strong Growth but Flags Fiscal Strains Read More »
The Department of Posts has announced that it will temporarily suspend most postal consignments to the United States starting August 25, following new US customs duty rules set to take effect later this month. On July 30, the US government withdrew the duty-free exemption for goods valued up to USD 800. From August 29, all
New Delhi, August 22: President Droupadi Murmu on Friday gave her assent to the Promotion and Regulation of Online Gaming Bill, paving the way for a clear legal framework in India’s online gaming sector. The Bill was passed in the Lok Sabha on Wednesday and cleared by the Rajya Sabha on Thursday, August 21. The
