New GST Tax Rates on Luxury Cars

New GST Tax Rates on Luxury Cars. Under the GST regime, cars attract the highest tax slab of 28 percent and on top of that,...

After sale of Secured Asset, Section 14 of SARFAESI Act cannot be invoked

Secured Creditor cannot invoke Section 14 of SARFAESI Act. As per the recent ruling by Calcutta High Court under Securitization and Reconstruction of Financial Assets...

Srijan scam: How it all happened

The CBI has taken over the probe into the Srijan scam in Bihar, in which government funds worth about Rs 1,000 crore were allegedly...

Xiaomi Redmi Note 5 is coming, Interested?

A recent Xiaomi Today report has tipped the alleged specifications of the Redmi Note 5. The Redmi lineup of smartphones is highly popular in...

RBI amends Banking Ombudsman Scheme: Highlights

The central bank has extended the scope of Banking Ombudsman Scheme. The Reserve bank said that under the amended scheme, a customer would also...

Whole Foods Deal: Will it be a game changer for Amazon

Amazon’s announcement that it was buying Whole Foods Market for $13.7 billion threw the entire retail industry into a tizzy Friday — and with good reason.

CBDT waives genuine deals even if no STT was paid

The Central Board of Direct Taxes (CBDT) on Tuesday exempted genuine equity investments through IPOs, bonus or rights issues by a listed company from...

Is China’s exam Gaokao the toughest entrance exam on Earth

Dating back to 1952, the ‘Gaokao’ is a notoriously difficult three-day test with incredible demands — both academically and socially. In each June, millions of...

Role of Auditor in Axis Bank and Yes Bank case

Recently Axis & Yes have jolted the banking community with their result. As per a report in The Wire, both Axis Bank and Yes Bank...

Now it is possible to unlock WannaCry without paying ransom

As per a Reuters report, now it is possible to decrypt files of a system infected by "WannaCry" ransomware. WannaCry, which started to sweep round...
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