[ad_1] KOLKATA: Nobel Prize Abhijit Banerjee has said there is no certainty that India will benefit from the relocation of companies from China as a result of coronavirus pandemic. Speaking to a news agency, Banerjee said that everyone blames China for the COVID-19 outbreak, as it originates there. “China is …
Read More »Tax exemption in India: India will plan tax exemption to win new investments | India Business News
[ad_1] NEW DELHI: The Ministry of Commerce proposes a tax holidays for companies that bring new investments As the government explores measures to support the economy amid the coronavirus pandemic, according to people familiar with the matter. The finance ministry is evaluating the proposal to grant a total 10-year tax …
Read More »Rahul Bhatia’s InterGlobe bankrupt Virgin Australia
[ad_1] NEW DELHI: InterGlobe Enterprises (IGE) is considering Australia’s second largest airline Virgin australia Holdings, which filed for bankruptcy last month amid the coronavirus pandemic. While IGE said it “does not comment on speculation as a rule,” it is known that it is reviewing the tender for Virgin Australia and …
Read More »The government is likely to make the Aarogya Setu app mandatory for flyers after closing
[ad_1] Representative photo. (AP) NEW DELHI: The Center is likely to force people to have the Aarogya Setu mobile app installed on their phones while taking a flight after closing, authorities said Monday. “Preliminary discussions on how to make this app mandatory for air passengers have been done with the …
Read More »Expect government financial package in 2-3 days: Nitin Gadkari to industry
[ad_1] NEW DELHI: Union Minister Nitin Gadkari said Monday that he expects the Center to reveal a financial package in two or three days, noting that the situation “was very bad” despite the three-month moratorium on loan repayments announced by the RBI (Reserve Bank of India). The minister for micro, …
Read More »Rahul Gandhi: Covid-19 fight cannot be an excuse to exploit workers | India Business News
[ad_1] NEW DELHI: Congressman Rahul Gandhi said Monday that many states were modifying Labor laws, but the fight against the novel coronavirus pandemic It cannot be an excuse to exploit workers, suppress their voices and crush their human rights. Gandhi said there can be no compromise on basic principles in …
Read More »Government plans to verify China’s FPI flows
[ad_1] NEW DELHI: After direct foreign investment (FDI), the government is trying to stifle rampant access to the Indian market by Chinese portfolio investors as it seeks to fill a possible gap that border investors can use to acquire shares in listed national companies. The economic affairs department of the …
Read More »Domestic flights to green areas are likely to be post-3.0 blocked
[ad_1] NAVI MUMBAI: The central government is considering gradually starting 25% of domestic flights after shutdown 3.0, according to the president of India Airport Authority (AAI), Arvind Singh. “We have prepared standard operating procedures to resume flight operations after closure, “noted the President. ‘The planned flight operations would be from …
Read More »India needs a “comprehensive approach” to “strategic uncertainties”: Army Chief
[ad_1] The time has come for India to embark on a “government-wide approach” to decisively confront the “strategic uncertainties” looming on its horizon, in addition to unconventional threats such as pandemics, the Army Chief said, General Manoj Mukund Naravane. for expanding the nation’s doctrine of national security. Speaking about the …
Read More »NRIs get tax relief for long stays in India
[ad_1] NEW DELHI: The Ministry of Finance announced on Friday relief for those who have had difficulties with the status of their residence in India under section 6 of the Law on Income Tax, 1961 due to the blockade and suspension of international flights due to the Covid-19 outbreak, as …
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