Feb 7, 2018 - Pre-2016 Incorporated Startups To Get Angel Tax Exemption On Up To $1.56 Mn Angel Funding

TradeBriefs Newsletter
View online   Advertise
              from India Software






Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Budget 2018: Excise duty cut on petrol & diesel to assuage industry concerns; No change in prices for consumers
Even as the petroleum sector stays outside the GST regime, the government in the Union Budget 2018 tried to pacify the problems of the industry by reducing the excise duty on petrol and diesel by Rs 2 per litre.

However, the reduction in excise duty will not result in an additional burden on the government, as it has proposed a levy of road and infrastructure cess of Rs 8 per litre, although the additional excise duty of Rs 6 per litre has been removed.

The basic excise duty on both branded and unbranded petrol was slashed by Rs 2. For unbranded petrol it was reduced to 4.48 per litre and on branded petrol to Rs 5.66 per litre. Similarly on unbranded diesel, additional excise duty was brought down to Rs 6.33 per litre and on branded diesel to Rs 8.69 per litre. Read More

Advertisers of the day
BMW: Own the BMW today and pay in 2018
EMERITUS: PG Diploma in Digital Business - Nominate your top performers

Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).

Sorry, Mr Nilekani. Boring isn't good enough for Infosys

Infosys shares have outperformed Nifty IT index by 4.5% since Nandan Nilekani took over as chairman in late August 2017. But things aren’t as stable as they seem

Read More


Today's TradeBriefs Cartoon

Amazon's cloud revenue in India up threefold

Amazon Internet Services (AISPL), the reseller for Amazon Web Services (AWS) in India, also reported a profit of Rs 28 crore, compared with a Rs 10-crore loss the previous year.

Read More
H-4 Visa change: If Trump goes ahead, wives and husbands of Indian IT workers in US will not get any jobs

The change in the H-4 visa rules -- it may happen in less than three months from now -- will majorly hit the wives and husbands of Indian H-1B visa holders.

Read More
India to develop technology to reduce climate impact of cooling by five times

The Ministry of Science & Technology today announced the launch of Global Cooling Prize, an international competition to incentivize the development o..

Read More
India needs to invest more in scientific research and development: ISF

India lags behind economies like China in catalysing research, says K Dinesh, president of ISF.

Read More
TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    

You are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India