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TRAI releases draft of telecom interconnection regulation

May 9, 2018

The Telecom Regulatory Authority of India (TRAI) issued draft Telecommunication Interconnection (Amendment) Regulations 2018 to amend interconnect regulations, proposing certain changes in terms and conditions for operators to seek fresh call connect ports from other telecom operators. Key Features of ..

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Business Optimism Index: India slips to 6th position globally in first quarter of 2018

May 9, 2018

India was ranked 6th on Global Optimism Index released as part of Grant Thornton’s International Business Report (IBR) in the first quarter of 2018. The report was prepared based on the results of a survey of 2,500 businesses in 37 ..

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GST Council approves simplified tax return filing system

May 5, 2018

The Goods and Services Tax (GST) Council in its 27th meeting chaired by Union Finance Minister Arun Jaitley announced new and simplified return filing process. It was approved based on recommendations of Group of Ministers on IT simplification for GST ..

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CBDT inks 200th Unilateral Advance Pricing Agreement

May 4, 2018

The Central Board of Direct Taxes (CBDT) has entered into 200th Unilateral Advance Pricing Agreement (UAPA) after it singed one in April 2018. With the signing of this, CBDT has achieved another milestone of having signed its 200th UAPA. The ..

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FDI Confidence Index 2018: India ranks 11th

May 4, 2018

India was ranked 11th position in the FDI Confidence Index 2018 released by global consultancy firm A T Kearney. It has slipped by three notches in 2018 as it was ranked 8th in 2017 and 9th in 2016. This is ..

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Manufacturing growth improves slightly in April 2018: PMI

May 3, 2018

The Nikkei India Manufacturing Purchasing Managers’ Index (PMI) rose to 51.6 in April 2018 form from 51 in March 2018. It indicates faster improvement in health of India’s manufacturing economy than in prior month. Key Facts PMI showed that manufacturing ..

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Independent Directors and Uday Kotak Committee

May 2, 2018

The Uday Kotak Committee on Corporate Governance had given various recommendations on Independent Directors (ID). An ID is a director on a company’s Board other than a managing director, whole-time director or a nominee director. He / She is required ..

Core sector growth slows to 4.1% in March 2018

May 2, 2018

According to index of eight core industries released by Ministry of Commerce and Industry, core sector growth in March 2018 slowed to 4.1%, a three-month low due to weak performance in six sectors. These sectors are coal, crude oil, natural ..

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