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New Vehicles to be Pre-Fitted with High Security Registration plates from April next Year

All new vehicles will be sold pre-fitted with High Security Registration Plates – HSRP from the 1st of April next year. The Ministry of Road Transport & Highways has notified amendments in Central Motor Vehicles Rules, 1989 to this effect. The notification mandates that the High Security Registration Plate including the third registration mark shall be supplied by the vehicle manufacturers along with ...

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Consumer Price Index numbers on base 2012=100 for Rural, Urban and Combined for the Month of October 2018

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has revised the Base Year of the Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the release of indices for the month of January 2015. 2.    In this press note, the CPI (Rural, Urban, Combined) on Base 2012=100 is being released for the month of October 2018. ...

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Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified 

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.63/2018-CUSTOMS (N.T.), dated  19th July, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and  Customs hereby determines that ...

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GST Council recommends granting relief from GST on services provided by the Resident Welfare Associations (RWAs) to their Members

In its 25th Meeting held on 18th January, 2018, the GST Council had recommended several measures granting relief from GST on a number of goods and services. One of the important reliefs granted by the Council is to enhance the limit of contribution made by members of a Resident Welfare Association (RWA) for the purpose of exemption from GST.The Council had recommended that ...

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Indian Auto Industry in Changing World Order

Change is the only universal constant.  This is also quite evident in the global automotive industry and can be seen with regards to the products, consumer choice, markets, technology and the competitive paradigms that govern this sector. The changing world order in the automotive space can be categorized around a few important broad themes – “emergence of new markets and opportunities”, “enhanced ...

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Post GST, NALCO posts Strong Performance

The credit of success goes to team NALCO and our business strategy involving ramping up of production during downturn, cost focus and market harvesting” Tapan Kumar Chand, CMD, NALCO National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for ...

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