• SEBI Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism

    Comprehensive guidelines on Offer for Sale of Shares through stock exchange mechanism were issued vide circular no CIR/MRD/DP/18/2012 dated July 18, 2012. These guidelines have been modified from time to time based on the representation/suggestion received from various stakeholders. Based on the representation received and in order to further...
  • Travis Kalanick Uber CEO Resigns

    “I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Kalanick said in a statement given to...
  • System requirements for GST (Goods and Services Tax).

    System requirements for GST In this article, one will get an understanding regarding what are the system requirements for GST to be followed. Questions like which desktop browser should be used? Which class of digital signature certificate is valid on GST portal? what are the system requirements for use...
  • Bitcoin

    Wanna Cry ransomeware: Why cyber attackers love bitcoin?

    Bitcoin, the single person peer-to-peer transaction service, made headlines for the wrong reasons a few days ago. Hackers behind the WannaCry cyber attack demanded ‘ransom’ in the cryptocurrency for releasing ‘hostage’ computers under their control. What is Bitcoin? Bitcoin is a digital token that is computer generated and not...
  • modi on Bhim app

    Despite huge number of downloads, BHIM’s magic is fading

    The Bharat Interface for Money (BHIM) mobile app, launched on December 30, 2016, in a bid to make digital financial services available to all, was quick to reach the ‘Top Charts’ section in Android’s Play Store in a very short span, but not a lot of users are using...
  • GST: Entertainment, cable, DTH services to be taxed lower, watching films to become cheaper

    Taxation on entertainment, cable and DTH services shall come down under the Goods and Services Tax regime as the entertainment tax levied by states has been subsumed in the GST, the government said on Tuesday. The Finance Ministry in a statement said services by way of admission to entertainment...
  • Three different tax slabs will hurt hospitality, says industry

    Hotel and restaurant associations are set to convey to the government that the switch to goods and services tax will lead to different tax slabs and hurt the industry instead of making things simpler. In its meeting held in Srinagar on Friday last week, the GST Council pegged GST...
  • Flipkart wants to become GST Suvidha Provider

    Flipkart has applied for a license to become a GST Suvidha Provider (GSP), a strategic move that may expand its seller base, according to a source aware of the development. A license will give the e-commerce player direct access to the GST Network Several companies are eyeing the GSP...
  • Increasing GST rate on ayurvedic products is disappointing and disheartening: Patanjali

    Patanjali Ayurveda, the wellness grocer that has upended India’s well-settled consumer goods leader board, is unhappy with the tax slab proposed for its products under the Goods and Services Tax (GST) plan, the introduction of which would more than double the levy to 12%. “We request the government for...
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