The Personal Data Protection Bill, 2019 is expected to substantiate the managerial, organisational, business practices and technical systems that a company has designed to anticipate, identify and avoid harm to the person whose data is being processed. The domestic production of refined copper in the current fiscal continues to remain stressed falling 6.4 per cent to 229 thousand tonnes in the first seven months. Grocery bills are likely to go up soon if the GST council decides to increase the current 5% tax rate on essential products and services to 6-8% at its meet on December 18. Read for more top stories from the world of business and economy:
Personal Data Protection Bill: Every company that processes data, has to prepare a 'Privacy by Design' policy which must be submitted to the Authority for certification within a specified period.
In the first of this current financial year, consumption of refined copper grew 8.8 per cent against a fall of 2.7 per cent in the corresponding period last fiscal. The domestic copper demand was thus met through imports.
Analysts attribute a sharp plunge in India's GDP in the first and second quarters of FY 20 -- 5 per cent in April-June and 4.5 in July-September quarter -- for a delay in achieving the target.
According to CAG, as on 31 March 2019, OMCs had issued 7.19 crore LPG connections which is approximately 90 per cent of the target of 8 crore connections.
The 5% GST tax slab is the noteworthy one as it includes essential commodities such as food items, footwear and basic clothing. The GST council is expected to increase the tax rate under this slab to 6-8%.