The Chetak has a running cost that is one fifth of the Activa. With so little moving parts the Chetak has negligible service cost. Besides being environment friendly the Chetak is also much quieter to run than the petrol powered two-wheeler. There is no need for an oil change while the brake pad maintenance required is very less. … [Read more...] about This week in Auto: Bajaj Chetak launced; Comparison between Chetak and Activa
Fishing boat 15 ft
The early signs of that came under NDA II with the recently announced concessional tax regime incentivising doing of business in India -- A lowly 15 per cent headline tax rate for new domestic manufacturers and 22 per cent for other businesses. While the concessions have got support from stakeholders, it is safe to say we are still in early days to reap the real benefit of the move. … [Read more...] about Budget 2020: What next after the corporate tax cut?
RBI said that BOI and BOM had been taken out of PCA because their net NPA is less than 6 percent in Q3. In the case of OBC, RBI had said that though the net NPA was 7.15 percent in Q3, the government has since infused sufficient capital and bank has brought the Net NPA to less than 6 percent. … [Read more...] about Budget 2019: Expect all banks to come out of PCA framework ‘soon,’ says Piyush Goyal
The Finance Act of 2019 received the President’s assent on August 1, whereby the levy of surcharge was with retrospective effect, ie from April 1, 2019. This will result in taxpayers paying interest under section 234C, as they would have not factored the increased rate while paying the first instalment advance tax that was due by 15 June 2019. … [Read more...] about Budget 2020: Should there be a rethink on super-rich tax?
Paytm on Monday announced the launch of "All in One" QR, which will enable merchants to accept unlimited payments through Paytm Wallet, Rupay cards and all UPI-based payment apps directly into their bank account at zero per cent fee, here and another six cities across the country, according to him. … [Read more...] about Paytm expects 25 mn merchant bases by next year: Official