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

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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

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India's proposed IT rules might put it in the 'same league as China and Russia'

Newslaundry.com is India's Independent News Media and Media Critique Platform.

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Today's TradeBriefs Cartoon

TCS and WEF commit to equip 17.2 million people with digital skills

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Only 17% of firms report cyber attacks: EY

PMO’s Secretary on cyber security bats for strengthening information security laws

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Ebix acquires travel technology provider Zillious

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The report displays significant product developments and tracks recent acquisitions, mergers and research in the ICT industry by the key players. What is more, this Digital Insurance Platform Market research report also offers a careful investigation of the current state of the market which covers several market dynamics. A detailed analysis of factors influencing the …

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India must balance the rewards and risks of technology in 2019

A look at how the business community should look to govern data, AI, and automation to keep our economy on track.

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If we can build deliver in India, we can replicate it worldwide: Cedrik Neike

The company has set up a $1-bn investment arm now scouting for opportunities to invest in startups in India.

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India Business News: Mumbai, Feb 14 () HCL Technologies Thursday announced new re-platforming and re-factoring services to enable enterprises to build and migrate applicat

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