Tag Archives: Above

Additional cess above GST to be removed on used car sales

Earlier Maharashtra had enforced an additional road tax of 2 percent on varying vehicle rates over and above the GST on purchase of new vehicles. This 2 percent cess was to replace the existing octroi duties in the state. NEW DELHI: Good news seems to be in the offing for the used car market. The additional cess of 15 percent that was to be imposed ... Read More »

Additional cess above GST to be removed on used car sales

NEW DELHI: Good news seems to be in the offing for the used car market. The additional cess of 15 percent that was to be imposed on certain categories of second hand vehicles will now not be chargeable, according to a recent notification by the Under-secretary to the Government of India. For instance certain categories of larger vehicles in the above 4 metre range were ... Read More »

iPhone 8 Tipped to Cost Above $1,000; May Be Named iPhone X

There’s been a lot of speculation about the iPhone 8 with specifications and design changes being at the forefront. However, a fresh report sheds some light on the iPhone 8 price bracket. Reportedly, the premium device marking Apple’s 10-year anniversary could well be priced north of $1,000 (roughly Rs. 67,100) – thanks to the introduction of OLED displays. Furthermore, the ... Read More »

Sensex Up Over 150 Points, Trades Above 28,000; RIL Leads Gains

10:00 a.m.: The broader markets were broadly in-line with the benchmark indices. The BSE mid-cap index was up 0.4 per cent and small-cap index jumped 0.7 per cent; Indian Bank was the top gainer from the mid-cap space, up 4 per cent to Rs 163. M&M Financial Services, Reliance Infra, MRPL, Ashok Leyland, GNR Infra and JP Associates were also ... Read More »

Pokemon Go to Feature Advertising Above and Beyond Sponsored Locations

Pokemon Go may not have rolled out the world over but that hasn’t stopped developer Niantic from pursuing advertising opportunities for the game. While McDonald’s will eventually feature as a sponsored location if the presence of its logo in an APK dump of the game is to be believed, it appears that Niantic will go beyond that. According to one ... Read More »

Sensex Gains for Third Day, Rallies 364 Points; Nifty Settles above 7,450

The Sensex and Nifty rallied for third day in a row on the back of broad-based buying amid firm global cues. In the last three trading sessions, the Sensex has surged over 1,600 points and Nifty has moved closer to its crucial psychological level of 7,500. For the most part of the day, the stock markets traded on a firm ... Read More »

Employer’s Contribution to PF Above Rs 1.5 Lakh To Be Taxed

While the Budget proposal to tax Employee Provident Fund (EPF) withdrawal has stumped the salaried class, two other announcements in the Budget have not attracted much attention so far. The Budget proposes to cap the annual employer contribution to EPF at Rs. 1.5 lakh per year. Currently, there is no monetary limit on the employer contribution under EPF, with only ... Read More »

Sensex Rises Over 250 Points, Nifty Settles Above 7,150

The Sensex and Nifty rose for the second straight day on Thursday on the back of broad-based buying. Asian stocks rose across the board as crude oil steadied on hopes that big producers will cap output. Minutes from the US Federal Reserve also showed policymakers were divided over how to interpret the financial market volatility, suggesting it was backing away ... Read More »