With India's drone policy still a few months, the country seems lacking in preparedness to avoid Aramco-like attacks. With GST Council set for a meeting on September 20, some quarters of taxpayers are asking for urgent hearing is the simplification of the GST annual return form GSTR-9. Read for more top stories from world of business and economy:
Drones attacks at Saudi Arabia's oil facilities have sent shock waves in India where it seems the level of preparedness to deal with Saudi Aramco-style attacks is far short of what is required
GST Council meet: Although the Council has extended the date for filing the annual return for 2017-18 several times, it doesn't help much as the return form itself seems to have flaws.
Nirmala Sitharaman replied to Kiran Mazumdar Shaw and said that she has been working on and regularly speaking about measures the government has taken on matters of the economy.
Even as the next GST Council meeting is scheduled for September 20, the possibility of a wide ranging tax cut - to infuse growth into India's slowing economy - looks unlikely, says T.M. Thomas Isaac, Finance Minister of Kerala
The funding round also saw a partial secondary exit for the Indian Angel Network (IAN). The company's first investor has raked in $3 million, an impressive seven-fold return on investment in four years.