GST Council meeting: Tax rate for under-construction properties reduced to 5%
Coming as a major relief to homebuyers and the real estate sector, the GST Council has slashed tax rates for houses in both affordable and non-affordable segments. In its meeting on Sunday, the council took note of the recommendations from the ministerial group on real estate to approve tax cuts for the sector
PM-KISAN scheme launched; over 1 crore farmers get first tranche of Rs 2,000
Prime Minister Narendra Modi Sunday launched the ambitious Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme transferring the first instalment of Rs 2,000 each to over one crore farmers, as he slammed the opposition alleging they "remember farmers once in 10 years -- just before elections".
Bharti Airtel to conduct trial of Nokia's 5G-ready telecom gear
Finnish telecom gear maker Nokia on Sunday said Bharti Airtel will conduct trial of the former's homogeneous fronthaul solution which can support 4G and 5G services. This trial is part of Bharti Airtel's strategy to make its network future ready to meet the growing demand for high speed data in India, it added.
PM Modi to inaugurate National War Memorial today
Prime Minister Narendra Modi will inaugurate the National War Memorial near India Gate today. The memorial will honour soldiers who have laid down their lives for the country since Independence.
TRAI urges distributors to ensure a channel appears only at one place, warns against non-compliance
Acting on complaints, sector regulator TRAI has directed distributors of TV channels to make sure that channels belonging to the same genre are placed together and one channel appears only at one place as prescribed under its rules, failing which it will take action against the erring distributor.
347 infrastructure projects show cost overruns worth over Rs 3.2 lakh crore
As many as 347 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.2 lakh crore owing to delays and other reasons, a Ministry of Statistics and Programme Implementation report said. The ministry monitors infrastructure projects worth Rs 150 crore and above.
Huawei set to launch 5G phone with folding screen
China's Huawei is set to take the wraps off a new folding-screen phone, joining the latest trend for bendable devices as it challenges the global smartphone market's dominant players, Apple and Samsung. Device makers are looking to folding screens as the industry's next big thing to help them break out of an innovation malaise, although most analysts think the market is limited, at least in the early days.
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