Snehal khanna Blog

Autonomous vehicles are the logical next step for cab aggregators like Ola and Uber LATEST NEWS : Nagpur, the home town of Union Transport Minister Nitin Gadkari    , is now a laboratory to test electric vehicles for public transport in India. Cab aggregator Ola is testing a model that uses electric auto rickshaws, cars, and buses to make adoption of electric vehicles for mass transport viable. If the Nagpur experiment succeeds, Ola will execute the promise by its investor, Japanese internet firm Softbank, of running over a million electric vehicles across India. This vision requires massive investments in cars, buses, and the charging infrastructure. In addition, investments are also required in batteries, which India currently imports. Both Ola and Uber have an asset-light model — they don't own the cars that run on their platforms. Instead, the cars are leased by the drivers, who repay the loans, spend on maintaining the cars, and then earn enough to fend ...

Nine gaushalas and over a hundred institutions with Muslim names issued show cause notice LATEST NEWS       : The latest home ministry crackdown on non-compliant non-government organisations (NGOs) might have hit some holy cows. The list of some 5,922 units that have not filed their annual returns and have been served a show cause notice includes several institutions working for cow protection .                       Business Standard went through the list to find at least nine such NGOs that had "Gau" or "Cow" in their names. These nine NGOs are Shri Haryana Gaushala, Gauv Sevva Trust (Gst), Shri Gaushala Kathar Jungle, Ratanlal C Bafna Gau Seva Anusandhan Kendra, Shri Pinjara Pole Gaushala Sewa Trust, Shri Dayalu Gau jeav jan parmarthseva sansthan Kherapa, Shri Harihar Maharaj Kamdhenu Gaushevashram Dharmik Trust, Sri Panch Dev Mahamandir Gau S...

The industry, however, needs clarity on standardised billing procedure for selling gold jewellery Latest news : Jewellers across the country are happy with the three per cent rate fixed on gold jewellery under the Goods and Services Tax (GST). The Centre has definitely considered the demand of the gold industry while fixing the rates. Currently, gold jewellers pay one per cent excise and 1.2 per cent value-added tax (VAT) over and above the 10 per cent customs duty on bullion. This effectively works out to 12.43 per cent. With the introduction of GST at three per cent for gold and 18 per cent for making charges, and keeping customs at 10 per cent, the effective rate comes to 15.67 per cent. So, the effective price escalation on gold jewellery comes to 3.24 percentage points. This is still a win-win for gold jewellers; they would not have expected anything better than this, particularly after the chief economic advisor's report of Rs 10,800-crore subsidy on gold.  ...