‘GST enforcement to be lenient initially for genuine mistakes’

New Delhi, June 23 : The government announced on Thursday it will be lenient in enforcing penal laws for violations during the initial period of implementation of Goods and Services Tax (GST) regime that comes into effect from July 1. “Our intention is to have a smooth landing of GST. Intention is not to harass […]

Cabinet approves changes in bilateral agreement with Netherlands

New Delhi, June 22 : The Union Cabinet on Thursday approved amendment to a bilateral Social Security Agreement (SSA) with Netherlands by incorporating the “country of residence” principle in the said agreement. “The amended SSA between India and the Netherlands, when operational from the third month from the date of notifying the said amendment to […]

Naidu dubs loan waiver ‘fashion’; clarifies after opposition hits out

Mumbai/New Delhi, June 22 : Union Information and Broadcasting Minister M. Venkaiah Naidu on Thursday said loan waiver these days had become a “fashion”, but later clarified his remarks were “misinterpreted” after attack from opposition parties. Speaking at India’s largest municipal bond programme in Mumbai, Naidu said: “If there is a need of money we […]

Global body nod to India’s LMLC configuration

New Delhi, June 22 : The Indian proposal for inclusion of mandatory evaluation of Low Mobility Large Cell (LMLC) configuration for 5G technology has been approved by a global telecom organisation, COAI said on Thursday. “At the ITU-R (International Telecommunication Union – Radiocommunications) terrestrial radio systems (WP5D) meeting held in Canada, the Indian delegation championed […]

Bring software industries to Bengal: Mamata to Bengali diaspora

The Hague (Netherlands), June 22 : West Bengal Chief Minister Mamata Banerjee on Thursday appealed to the Bengali community here to bring software industries. “Our young generation is in the software industry which is an important sector. We have IT parks and land is also available. We will provide facilities within our capabilities. We have […]

RBI tells banks to provide adequate transaction details in passbooks

Mumbai, June 22 : The Reserve Bank of India (RBI) on Thursday advised commercial banks to provide adequate transaction details in the passbooks of account holders. “In the interest of better customer service, it has been decided that banks shall at a minimum provide the relevant details in respect of entries in the accounts,” the […]