Fewer GST slabs, once revenue neutral-plus level is reached: Jaitley

Fewer GST slabs, once revenue neutral-plus level is reached: Jaitley

Finance minister Arun Jaitley said on Sunday that Goods and Services Tax (GST) slabs may be reduced in the future, if a “revenue neutral plus” tax level is reached. Jaitley made the remark at the foundation day event of the National Academy of Customs, Indirect Taxes and Narcotics (NACIN). He said reduction in tax slabs under the current GST regime can happen, but only after the GST regime reaches a “revenue neutral plus” level. Since July 1, GST has replaced around a dozen central and state taxes into a single…

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India’s holdings of American govt securities touch $135.7 billion, highest in a year

India’s holdings of American govt securities touch $135.7 billion, highest in a year

India has sharply increased its exposure to US government securities with holdings worth USD 135.7 billion at the end of July, official data showed. Neighbouring China continued to top the charts with holding to the tune of USD 1.166 trillion, followed by Japan with exposure worth USD 1.113 trillion. In recent months, India has increased its purchase of American government securities and the country is the third largest holder among the BRICS group after China and Brazil (USD 271.9 billion). At the end of July, Russia held securities worth USD…

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SO MUCH ALEXA

SO MUCH ALEXA

AMAZON ANNOUNCED A raft of new hardware devices this week, from new Echo speakers and fun arcade buttons that plug into them, to a dangling-dongle version of the Fire TV. The one unifying thread all these devices have? Alexa. As Amazon’s voice assistant proliferates into more products, Amazon’s smart home empire grows. But can Alexa find its feet outside the home? David tells us what he saw when he visited the company in Seattle this week. Before that however, we’ve got 280 bones to pick with Twitter. PODCAST RSS ITUNES DOWNLOAD…

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Deal: original Samsung Gear IconX down to $50

Deal: original Samsung Gear IconX down to $50

With the a new generation of Gear IconX headphones headed to stores, Samsung is clearing out the inventory of the older model – and it’s a great deal. The fully wireless earbuds are down to just $50, a quarter of their retail price (i.e. $150 off). Keep in mind that this deal is while supplies last (obviously) and only the White color option is available (the Black ones ran out before our eyes). Also, shipping isn’t very fast – it’s free, but you’ll wait 7-10 business days.    Samsung Gear IconX wireless…

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Do you associate pizzas with parties? Your weight may determine how you think of food

Do you associate pizzas with parties? Your weight may determine how you think of food

In a new research, researchers have found that people of normal weight tend to associate natural foods such as apples with their sensory characteristics. On the other hand, processed foods such as pizzas are generally associated with their function or the context in which they are eaten. Raffaella Rumiati, neuroscientist at the International School for Advanced Studies, said, “It can be considered an instance of ‘embodiment’ in which our brain interacts with our body.” With two behavioural and electroencephalographic experiments, the study demonstrated that people of normal weight tend to…

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Is your teen girl acting out? One in four teenagers are at increased risk of depression

Is your teen girl acting out? One in four teenagers are at increased risk of depression

A team of Briton researchers has recently found that one in four adolescent girls, especially poor, are at an increased risk of depression. The researchers from the University of Liverpool and University College London found that a quarter of girls (24%) and one in 10 boys (9%) are depressed at age 14. Lead author Dr Praveetha Patalay said that in the recent years there has been a growing policy focus on children’s mental health. However, there has been a lack of nationally representative estimates of mental health problems for this…

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Walk, do a household chore, hit the gym: Live long by being active for 30 min daily

Walk, do a household chore, hit the gym: Live long by being active for 30 min daily

How active are you in your everyday life? If you find that you are not even engaged in physical activity of any kind for even 30 minutes a day, it’s time to find time to exercise and change your lifestyle. The Prospective Urban Rural Epidemiology (PURE) study involving more than 130,000 people from 17 countries, led by the Population Health Research Institute of McMaster University and Hamilton Health Sciences, showed that any activity is good for people to meet the current guideline of 30 minutes of activity a day, or 150 minutes a…

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Internet grows to 331 million domain name registrations: VeriSign report

Internet grows to 331 million domain name registrations: VeriSign report

Domain name registrations have grown to 331.9 million in the second quarter of 2017 as approximately 1.3 million registrations were added during the period. According to VeriSign, a global leader in domain names and Internet security, 1.3 million domain name registrations across the globe translates to a growth rate of 0.4 per cent over the first quarter of 2017. Domain name registrations have grown by 6.7 million, or 2.1 per cent, year over year, the company said in the report. “The .com and .net top-level domains (TLDs) had a combined…

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India’s drug prices regulator calls for better oversight of private hospitals

India’s drug prices regulator calls for better oversight of private hospitals

India’s drug pricing authority called for better regulation of the country’s massive private healthcare industry on Friday to ensure government efforts to cut prices benefit patients. To cut the cost of procedures such as angioplasty and knee surgery, India’s National Pharmaceutical Pricing Authority (NPPA) has dramatically reduced prices of knee implants and cardiac stents in recent months. The move has been hailed as a major effort by Indian Prime Minister Narendra Modi to make healthcare affordable, but it has been met with stiff resistance from healthcare providers. Several hospitals across…

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Govt seeks asset valuer for Air India stake sale

Govt seeks asset valuer for Air India stake sale

As the government prepares to peg a price tag to Air India for its stake sale, it has invited applications for an asset valuer for the national carrier as well as its subsidiaries and overseas offices. The Union Cabinet has given its in-principal approval for disinvestment of the debt-laden Air India and has constituted a group of ministers to chart out the future course of action. According to the tender document floated by civil aviation ministry, the asset valuer will have to carry out the valuation of land, buildings, aircraft,…

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