Business

Landmark tax change a ‘huge implementation challenge’ for India

While India’s on track to meet its deadline for a much-delayed national sales tax, implementation is seen as a test in the nation that has more states than the EU has members and a population twice that of North America. The goods and services tax will replace more than a dozen levies that were fracturing the world’s fastest-growing big economy, ...

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Stamping of hand baggage at airports to end from April 1

New Delhi, Mar 30 (PTI) Stamping of passengers hand baggage at seven major airports, including Delhi and Mumbai, will be done away with from April 1, the CISF said today. The other airports that will begin the new procedure from the morning of April 1 include the ones in Bengaluru, Hyderabad, Kolkata, Cochin and Ahmedabad. “The procedure of stamping and ...

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Home loan interest rates too high for Indian buyers: Survey

New Delhi: High interest rates on home loans and reluctance to borrow are dissuading Indian buyers who have to dig into savings to buy a house, a study has revealed. The study conducted by India Mortgage Guarantee Corp. and Kantar IMRB indicated that about 38% respondents saw home loan interest rates as too high while equal number of respondents cited ...

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Regional flights for ₹2,500 to become reality soon

Passengers will soon be able to fly on as many as 128 routes connecting 70 airports across the country by paying ₹2,500 for an hour’s flight. The government on Thursday announced a list of routes awarded to five airlines which will operate flights under its regional connectivity scheme (RCS). “We will be adding up 44 new destinations with the launch ...

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