(Representative image) Goods and Services Tax (GST) return filings have risen from 60 percent almost two years back to over 85 percent now, said V Rama Mathew, Member- Tax policy at the Central Board of Indirect Taxes and Customs (CBIC). “Two years back, we would be happy if we got 60 percent filings, but now they have risen to over 85 percent GSTR (GST Return) filings,” Mathew said at a post-budget conference, analysing tax-related proposals, organised by the Associated Chambers of Commerce. Two days ago, the Ministry of Finance, in a statement, said GST collections in January surged to over Rs 1.55 lakh crore, the second highest ever. “Over the last year, various efforts have been made to increase the tax base and improve compliance. The percentage of filing of GST returns (GSTR-3B) and of the statement of invoices (GSTR-1), till the end of the month, has improved significantly over years,” the ministry said in a statement. Ease of doing business Read More … [Read more...] about GST return filings up from 60 percent two years ago to 85 percent
Life expectancy 50 years ago
Samsung Galaxy S23 series, Galaxy Book 3 series launching tomorrow: How to watch the livestream, what to expect
The Samsung Galaxy S23 series is launching in India and globally tomorrow, February 1. Samsung’s product line-up will include the Galaxy S23, Galaxy S23 Plus, and Galaxy S23 Ultra. However, Samsung is also expected to bring the Galaxy Book 3 series to India tomorrow. The Samsung Galaxy S23 series and Galaxy Book 3 series are launching in India at Samsung’s first Galaxy Unpacked event of 2023. The event can be live streamed on Samsung’s official website or through its YouTube channel. You can also watch the event down below. Samsung Galaxy S23 series Expected Specifications The Samsung Galaxy S23 series will be powered by the Snapdragon 8 Gen 2 SoC paired with LPDDR5X RAM and UFS 4.0 storage. However, there are some rumours suggesting that the vanilla Galaxy S23 could use older UFS 3.1 storage and LPDDR5 RAM. The Samsung Galaxy S23 and S23 Plus will pack 3,900 mAh and 4,700 mAh batteries, respectively. On the other hand, the Galaxy S23 Ultra will get a 5,000 mAh … [Read more...] about Samsung Galaxy S23 series, Galaxy Book 3 series launching tomorrow: How to watch the livestream, what to expect
Bundesliga: DFL Hopes To Generate $2.7 Billion While Leaving 50+1 Untouched
Share to Twitter Share to Linkedin The governing body of the Bundesliga, and 2. Bundesliga Deutsche Fußball Liga (DFL) has created a framework, which could open the doors for foreign investors. Kicker , Bild , and Transfermarkt reported on Saturday that the DFL is looking for an investor to buy a 12-15% stake in a yet-to-be-created licensing company. That new licensing company will then have the ability to sell national and international television rights to a foreign investor over a set time of 25 to 30 years. According to the reports, the DFL hopes to generate around €2.5 billion to €3 billion ($2.7 billion to $3.25 billion) by selling a minority stake in the DFL’s television rights. Bild reported that seven investors from the United States and Asia are interested in a potential investment. Any investment will be limited to television rights and will not include stakes in the Bundesliga or 2. Bundesliga. Furthermore, any investor will … [Read more...] about Bundesliga: DFL Hopes To Generate $2.7 Billion While Leaving 50+1 Untouched
Norwegian Air Axes Up To 50% Of Employees As Coronavirus Layoffs Begin
Share to Twitter Share to Linkedin Topline: As the coronavirus pandemic craters the world’s markets and disrupts the daily lives of millions, Norwegian Air said Thursday it would suspend around 4,000 flights and temporarily lay off up to 50% of its workers as businesses contend with sharp declines in revenue. 40% of Norwegian’s long haul fleet and 25% of its short haul fleet will be grounded until May, according to a press release. 50 employees from the South by Southwest music festival were let go after the 2020 event was canceled. Other layoffs include 145 drivers from the Port of Los Angeles as ships from China stopped arriving, the Washington Post reported . Travel agencies in Los Angeles as well as Atlanta, Georgia, have also laid off workers, as airlines suspend flights (and contend with President Trump’s new Europe travel ban), while a Seattle, Washington hotel chain shuttered an entire department, the Post reported. Christie … [Read more...] about Norwegian Air Axes Up To 50% Of Employees As Coronavirus Layoffs Begin
iQOO 11 specifications leaked: 144Hz E6 AMOLED Display, 50 MP Triple Cameras, 120W Charging tipped
iQOO recently confirmed the launch of a flagship smartphone that will use the newly launched Snapdragon 8 Gen 2 SoC. However, no official release date for the iQOO 11 launch in Malaysia was provided, the company only teased that it would drop soon. Now, we have major leak provided key specifications of the iQOO 11 5G, courtesy of 91Mobiles and tipster Ishan Agarwal. Firstly, we already know that the iQOO 11 5G will be among the first smartphones to use the Qualcomm Snapdragon 8 Gen 2 chipset that was unveiled earlier this week. Additionally, reports also suggests that the iQOO 11 India launch will take place soon. Moving to the leak, which suggests that the iQOO 11 5G will come in two colours – Isle of Man Edition and Track Edition, the latter likely to feature the BMW Motorsport branding. The iQOO 11 5G’s Snapdragon 8 Gen 2 chip will be paired with LPDDR5x RAM and UFS 4.0 storage. It will also use a dedicated Intelligent Image and Display chip. The iQOO 11 will sport a … [Read more...] about iQOO 11 specifications leaked: 144Hz E6 AMOLED Display, 50 MP Triple Cameras, 120W Charging tipped
United Airlines To Workers: Expect Layoffs After Bailout Restrictions End
Share to Twitter Share to Linkedin United Airlines CEO Oscar Munoz and President Scott Kirby thanked their 90,000 workers Friday afternoon for pressing lawmakers to pass a $2 trillion stimulus package with $58 billion in funding for beleaguered U.S. airlines , half of it grant aid to cover their payrolls and prevent layoffs through Sept. 30. That’s not long enough to get the industry out of the woods, the United executives warned. They expect the downturn in travel from the coronavirus pandemic to last well beyond that date, and require painful cuts. “If the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” they said in a letter to staff that was publicly released. United has reduced its April schedule by more than 60%, Munoz and Kirby wrote, and even with that, load factors will likely fall into the teens or single digits. Deeper cuts are planned for May and June. “Based on how … [Read more...] about United Airlines To Workers: Expect Layoffs After Bailout Restrictions End
Phuket’s first underpass to open early next year
PHUKET: To alleviate the ongoing traffic tailbacks at the construction site of Phuket’s first underpass (story here ), the project managers will open all three lanes of the underpass at the beginning of next year. “So far, the underpass is 11 per cent complete. At the beginning of next year, it will be opened for road users,” Department of Highways’ Bureau of Bridge Construction engineer Itthiwat Kritsanawanich announced at a meeting yesterday. “After we finish the underpass itself, we will begin the road works at the intersection,” Mr Itthiwat said. “First, we plan to close the two lanes northbound in front of Central Festival for renovation. At that time, we will open all three lanes of the underpass so northbound traffic can continue uninterrupted,” he told the Phuket Gazette. Related news Phuket police bust Nigerian overstayers 17 hours ago Reasons Why You Should Live in Kamala Phuket feat. Twin Palms Residences Montazure 17 hours … [Read more...] about Phuket’s first underpass to open early next year
2022 Year In Review: Crypto Policy Experiences Massive Turbulence In Congress Amid TerraUSD And FTX Failures
Share to Twitter Share to Linkedin What Happened In 2022 Even before a months-long winter engulfed the digital-assets market, 2022 was shaping up as the year that Washington began to get serious about regulating the cryptocurrency business. That resolve was bolstered throughout the year by a series of calamities that included a massive stablecoin failure of terraUSD and the associated luna, with contagion effects that impacted BlockFi, Celsius Network and Voyager Digital exchange that called into question the ability of crypto exchanges to be digital asset custodians that would protect investors’ assets. Essentially, the crypto industry managed to recreate the same risks of the traditional banking system, in which the institutions that were responsible for holding customer’s assets were simultaneously lending funds, leading to leverage, liquidity and capital conflicts. Before the year could end, the third-largest exchange, FTX – previously seen as a … [Read more...] about 2022 Year In Review: Crypto Policy Experiences Massive Turbulence In Congress Amid TerraUSD And FTX Failures
What To Expect From The Serie A January Transfer Market Window As Teams Work With Limited Budgets
Share to Twitter Share to Linkedin The Serie A January transfer market window will suffer significantly from the financial wounds inflicted by the coronavirus pandemic. This winter, Serie A fans will not experience the same calciomercato liveliness that, in recent years, has brought high-profile names to Italian soccer, such as Cristiano Ronaldo , Zlatan Ibrahimović , Romelu Lukaku, and Christian Eriksen. That is the argument supported by Eleonora Trotta, who has been covering Serie A’s transfer market news for more than a decade as an editor for Italian online newspaper Calciomercato.it . Trotta explains that a lack of funds is forcing sporting directors across all Serie A clubs to take a very prudent approach to transfer negotiations. “The main trend is that the budget (for clubs) does not exist,” Trotta told me. “It’s basically zero.” A Risk-Averse Approach Because clubs cannot afford investing in risky transfer deals, … [Read more...] about What To Expect From The Serie A January Transfer Market Window As Teams Work With Limited Budgets
Strong winds leave Phuket King’s Cup triple-champ beached
PHUKET: Strong onshore winds last night left a three-time class champion in the Phuket King’s Cup Regatta stranded on the sand at Kata Beach. Matt Allen’s 44-foot Ichi Ban , on which he won the IRC 1 class at the Phuket King’s Cup last year, was left standing vertically in the sand after the tide ran out this morning. “It looks like the boat has not suffered any damage. It is pointing out to sea and should be able to safely sail way at high tide at about 3pm this afternoon,” a regatta organizer at the scene told the Phuket Gazette . Ichi Ban was one of the many yachts stranded by strong onshore winds during regatta last year. All were recovered safely. Related news Phuket police bust Nigerian overstayers 17 hours ago Reasons Why You Should Live in Kamala Phuket feat. Twin Palms Residences Montazure 17 hours ago The 25th Phuket King’s Cup Regatta will get underway on HM King Bhumibol Adulyadej’s 84th birthday on December … [Read more...] about Strong winds leave Phuket King’s Cup triple-champ beached