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FM Sitharaman to address GoM over simplified 2-slab GST structure

FM Sitharaman to address GoM over simplified 2-slab GST structure

by AIP Online Bureau | Aug 20, 2025 | Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Finance Minister The GST Council is expected to meet on September 18-19 to take a final call on the proposal New Delhi: Finance Minister Nirmala Sitharaman was set to address group of ministers (GoM) in a key meeting here on Wednesday, where...
GST Revamp: Inverted duty structure is a key concern for insurers

GST Revamp: Inverted duty structure is a key concern for insurers

by AIP Online Bureau | Aug 19, 2025 | Articles, Eco/Invest/Demography, Non-Life, Policy

Rakesh Jain, CEO, Reliance General Insurance A key concern is the inverted duty structure, which leads to accumulation of unutilised input tax credits, as insurers are unable to offset taxes paid on many input services that attract higher GST rates. This mismatch...
Flying car, four-wheeled robot shine at Nepal auto show

Flying car, four-wheeled robot shine at Nepal auto show

by AIP Online Bureau | Aug 19, 2025 | Data, Facts, Technology

Deepal’s eVTOL (electric Vertical Take-Off and Landing) UAV, a flying car manufactured in China and Unitree Robots’ advanced four-wheeled robot are the main attractions in the 17th edition of NADA Auto Show. Kathmandu: In a first, a flying car and four wheeled robot...
Europe’s wildfires burned the most land in nearly 20 yrs

Europe’s wildfires burned the most land in nearly 20 yrs

by AIP Online Bureau | Aug 19, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Fire activity has surged in recent weeks as another blast of unseasonable heat sapped the last moisture from Europe’s fields and forests, leaving them primed to ignite. Deadly, wind-whipped blazes have flared from Portugal and Spain to Greece and Albania. Researchers...
Google agrees $36 million fine for anti-competitive deals with Australia telcos

Google agrees $36 million fine for anti-competitive deals with Australia telcos

by AIP Online Bureau | Aug 19, 2025 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Google admitted the arrangement had a substantial impact on competition from rival search engines, and has stopped signing similar deals while also agreeing to the fine, the Australian Competition and Consumer Commission (ACCC) added. Google agreed on Monday to pay a...
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