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GST revamp to see rates of 5%, 18%; 40% tax on 7 items

GST revamp to see rates of 5%, 18%; 40% tax on 7 items

by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

While essential food items, medicines and education will continue to be taxed at zero rate in the proposed revamped GST regime, 99 per cent of items in the current 12 per cent slab will move to the 5 per cent bracket. Services will continue to be charged at 18 per...
Govt tightens biosecurity rules as bird flu spreads beyond poultry

Govt tightens biosecurity rules as bird flu spreads beyond poultry

by AIP Online Bureau | Apr 4, 2025 | Eco/Invest/Demography, Health, Indian News, Risk Management

Animal Husbandry and Dairying Secretary Alka Upadhyaya chaired a high-level meeting where officials agreed on a three-pronged strategy to tackle the crisis.The approach includes implementing stricter hygiene practices and biosecurity protocols at poultry farms to...
Govt reviewing crypto position due to global changes, senior official says

Govt reviewing crypto position due to global changes, senior official says

by AIP Online Bureau | Feb 2, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

“More than one or two jurisdictions have changed their stance towards cryptocurrency in terms of the usage, their acceptance, where do they see the importance of crypto assets. In that stride, we are having a look at the discussion paper once again,”...
Govt announces Rs 500 cr scheme to promote e-mobility

Govt announces Rs 500 cr scheme to promote e-mobility

by AIP Online Bureau | Mar 13, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

The scheme will be for four months till July 2024.The new scheme is for 2-wheelers and 3-wheelers.The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on March 31, 2024 New Delhi: The heavy industries ministry...
Govt-appointed panel moots ex-ante competition regulations for big tech

Govt-appointed panel moots ex-ante competition regulations for big tech

by AIP Online Bureau | Mar 13, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

The recommendations of the Committee on Digital Competition Law comes at a time when there are concerns about anti-competitive practices in the digital space and could have significant impact on big tech players. This will have a major impact on the big tech...
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