Tag Archives: Government

government Panel Nod Paves the manner for Apple Retail shops in India

a central authority panel has encouraged exempting iPhone and iPad maker Apple from obligatory neighborhood sourcing norms, a move which could pave the manner for tech massive beginning unmarried-logo retail stores inside the united states. The company had given an in depth presentation to the committee headed by way of department state-of-the-art industrial coverage and promoting (DIPP) Secretary Ramesh Abhishek ... Read More »

Will Prevent Arbitrariness by App-Based Taxi Operators: Delhi Government

In the wake of a strike called by a section of auto and taxi unions in the national capital on Monday, the Delhi government on Sunday said it would take strict action to prevent “arbitrariness” by app-based taxi operators causing hardship to commuters. The strike was called off soon after the Delhi Government’s assurances. The strike called by the unions ... Read More »

Karnataka Government Says Seized 62 Uber Bike Taxis

The Karnataka government on Friday seized 62 two-wheeler taxis belonging to app-based cab aggregator Uber for violating the Motor Vehicles Act and continuing to operate without requisite permission. “We have seized 62 Uber bikes (two-wheeler taxis, uberMOTO) today (Friday) for operating illegally. We will take stern action against them (Uber) in accordance with the Motor Vehicles Act.,” Karnataka Transport Commissioner ... Read More »

Delhi Government May Soon Announce App-Based Bus Service

On the lines of app-based cab operators, the Delhi government may soon announce app-based bus service to strengthen public transport in the national capital. Contract carriage buses plying across the city will come under the ambit of the app-based service which may be announced next week. A senior government official said that the private contract carriage buses will be given ... Read More »

Direct Tax Mop Up at Rs 5.54 Lakh Cr, Indirect at Rs 5.69 Lakh Cr: Government

New Delhi: Government has collected Rs 5,54,179 crore from direct tax as on February 29 and Rs 5,69,056 crore from indirect tax as on January 31 this fiscal, Parliament was informed today. According to revised estimate, Rs 7.52 lakh crore was estimated to come from direct taxes (corporate, and income tax) and another Rs 7.03 lakh crore from indirect taxes (customs, ... Read More »

US Government Strikes Back at Silicon Valley Support for Apple

The Justice Department struck back at Silicon Valley’s outpouring of support for Apple Inc., reasserting its claim that forcing the company to help unlock a terrorist’s iPhone is legal. Last week, Amazon, Google, and Microsoft were among the dozens of technology companies that decried what they called an unprecedented expansion of government power that endangers the privacy of hundreds of ... Read More »

US Government Calls Apple Rhetoric ‘False’ in iPhone Case

The US Justice Department on Thursday said Apple Inc’s rhetoric was “false” in a high-profile fight over the government’s bid to unlock an encrypted iPhone belonging to one of the San Bernardino shooters. Last month, the Federal Bureau of Investigation obtained a court order requiring Apple to write new software and take other measures to disable passcode protection and allow ... Read More »

NSE to Auction Investments Worth Rs 4,681-Crore in Government Debt

New Delhi: Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth Rs. 4,681 crore on Tuesday. The auction will be conducted on NSE’-ebid platform from 1530 hours to 1730 hrs — after the close of market hours on Tuesday, March 8, the exchange said in a circular. The debt ... Read More »

Government to Shortly Issue 3rd Tranche of Gold Bond Scheme: Shaktikanta Das

New Delhi: Having raised nearly Rs 1,050 crore in the first two tranches, the government will “shortly” issue the third tranche of sovereign gold bond for the fiscal, Economic Affairs Secretary Shaktikanta Das said on Thursday. “It will come very shortly. I can’t say the exact time as then there will be speculations on gold prices,” Das told PTI. The ... Read More »

Government has Taken ‘One Step Forward’ on Retro Tax Issue: Jaitley

New Delhi: The government has taken “one step forward” to resolve the retrospective tax cases by putting in place a statutory mechanism for ending such disputes, Finance Minister Arun Jaitley said on Wednesday In Budget 2016, he has made a one-time offer to firms facing tax liability on the retrospective tax front by way of waiver of interest and penalty ... Read More »