Month: July 2018

New GST rates announced last week kicked in today. Items of common use such as sanitary napkins, footwear and refrigerators may get cheaper with the GST (Goods and Services Tax) rates cut on about 88 items coming into effect today. Refrigerators, washing machines, small screen TVs, storage water heaters, paints and varnishes will now attract 18 per cent GST. Food grinders, lithium ion batteries, vacuum cleaner and hand dryers will attract…

New Delhi: The water level of the Yamuna river crossed the danger mark on Saturday and is expected to rise further, prompting authorities to issue advisory to take appropriate measures to avoid flood-like situation, officials said. The Yamuna water level at the Hathinikund barrage has crossed the danger mark of 90,000 cusecs and reached 2.11 lakh cusecs by 9 am. The water level of the Yamuna river at the Delhi…

A Delhi court on Monday summoned Rashtriya Janata Sal supremo Lalu Prasad Yadav, his wife Rabri Devi and son Tejashwi Yadav and others as accused in the Indian Railway Catering and Tourism Corporation scam. Special Judge Arvind Kumar directed them to appear before the court on August 31 in a case related to alleged irregularities in granting operational contract of two IRCTC hotels to a private firm. The Central Bureau…

The filing of income tax returns(ITR) for last financial year had been reportedly doubled to nearly 3 crore. According to a report in the Times of India, the number of refund cases cleared so far has gone up by over 81 per cent to 65 lakh. The publication citing sources said, the refund amount cleared up to Thursday was almost 35 per cent higher at around Rs 77,700 crore compared…

The Indian Railways on Monday announced that the old Yamuna Bridge ‘Loha Pul’ has been temporarily closed for rail traffic as the water level reached around 205.53-meter mark. Due to the closure of the Yamuna Bridge, at least 27 passenger trains have been cancelled while seven have been diverted. Meanwhile, due to less availability of shelter homes, families residing near old Yamuna Bridge in the national capital are allegedly forced…

State Bank of India, the largest lender of the country, has revised its fixed deposit (FD) interest rates with effect from today. FD interest rates have been revised across various maturities, amounts and for both general and senior citizens, stated SBI’s corporate website, sbi.co.in. On fixed deposits below Rs. 1 crore, interest rates have been raised between 5 basis points-10 basis points, which means between 0.05 per cent-0.1 per cent…

Starting this Monday, travellers with Indian passports will no longer require an Airport Transit Visa while transiting through the international zone of any airport in France. “I’m pleased to announce that, with effect from July 23, 2018, holders of Indian passports will no longer require an Airport Transit Visa (ATV) while transiting through the international zone of any airport in France,” tweeted Alexandre Ziegler, Ambassador of France to India. An…

There is no stopping Reliance Jio! After shaking India’s telecom sector, the company is continuously offering affordable tariff rates to its customers. Now, Jio has come up with a new Jio Digital pack for them. Under this pack, Jio offers 2GB free data for the customers. The data is being offered as a top-up plan on an already recharged data plan. This will come as an additional benefit to the…