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VAT on petrol has been REDUCED by Goa Government
May. 19, 2016
Although the Goa govt had increased the VAT rate on petrol to 22% in its recent budget, but it also promised to reduce the VAT if the petrol price crossed Rs60/litre mark. As the petrol price could have crossed the benchmark of Rs60/litre, Goa government reduced the VAT rate by 2% and made it 20%.
Break of business on Facebook by Mozilla,Tesla,SpaceX,others
Mar. 24, 2018
Mozilla, Tesla and other companies are distancing themselves from Facebook following revelations of a major leak of user data to political consultants associated with the 2016 Trump campaign.Their action is not expected to be permanent.It may not have much effect on Facebook’s bottom line.They’re the latest fallout the social-media giant has to contend with from the ever-spiraling scandal along with a tumbling stock price and a #deletefacebook mo...
At prices from $109.08 - $109.68 Nadella sold 328,000 shares
Aug. 12, 2018
Satya Nadella, Indian origin CEO of Microsoft earned about US $35 million by selling about 33% of his common Microsoft 3,28,000 shares (Still having 7,78,596 shares of common stock) in multiple trades for about record price $109.08 - $109.68. Nadella received more than US $35 million. Last year Microsoft shares rose by 53%, in week end closing at $109. After becoming CEO of Microsoft in Feb'14,2014 , its shares value rose to about three times in ...
Whether export of services are exempted from service tax? if so, what would constitute exports? whether secondary service providers supplying service to primary service providers are exempted from service tax if the primary service is exported?
Jul. 16, 2015
UK supermarket to have Sainsbury's, Walmart's Asda
Apr. 29, 2018
Sainsbury's & Walmart's Asda are talking to create Britain's biggest supermarket group,which would surpass Tesco's grocery market share & be worth 15 billion pounds($20.7 billion). ...
Multiple Myeloma Treatment, SRF231, Receives Orphan Drug Designation by FDA
Jul. 31, 2018
For treatment of multiple myeloma,a rare blood cancer characterized by a 5-year life expectancy post stage 1 diagnosis, FDA of US has granted an orphan designation to Surface Oncology’s SRF231. It is a fully human antibody that prevents activity of CD47, protein over expressed on many types of cancer cells that prevents them from being engulfed & eliminated by macrophages, & is very useful for patients with multiple myeloma.Its preclinical result...
Who is responsible for accountability for any contravention under this Act?
Aug. 02, 2017
New alloy plant in Vizag to be set up by Synergies
May. 02, 2018
Aluminium alloy wheel manufacturer,Synergies Castings,will set up big greenfield aluminium casting & specialty alloy wheel manufacturing facility.Producing 2.4 million wheels/year (wheel size of 18").Project costing $100 million.Andhra will become a major auto hub in India.It will provide job to 2,000 skilled persons.After expansion will have manufacturing capacity of 6 million wheels/anum.
What will be the gst rate on Primary cells and primary batteries?
Mar. 07, 2018
Tata Steel is the highest bidder to buy Bhushan Steel
Feb. 19, 2018
To buy Bhushan Power & Steel,Tata Steel is the highest bidder,with a bid of Rs. 35,000 cr. On Feb,03,2018 its initial bid was Rs. 24,000 cr.Latest bid is about 45% higher than the initial bid.The capacity of Tata Steel will be enhanced by about 43%,to 18.6 million tonnes/annum if this bid is successful. Bhushan Steel is in the one of the 12 default accounts list of Reserve Bank Of India, as Bhushan Steel has to pay loan of 25% of its NPA.

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