Business & Economics
Debit, credit cards not to be taxed for overseas spending up to Rs 7 lakh, says govt
New Delhi (TIP)- The Union government tweaked the imposition of 20 per cent Tax Collection at Source (TCS) on transactions through international credit cards and debit cards under the Liberalised Remittance Scheme (LRS) from July […]
India
Governor Purohit prorogues Budget Session of Punjab Vidhan Sabha, gives assent to FRBM Bill
Chandigarh (TIP)- After the tussle between Punjab Governor Banwarilal Purohit and Chief Minister Bhagwant Mann reached the Supreme Court, the former on Thursday prorogued the Budget Session of the Punjab Vidhan Sabha. Governor Purohit has […]
Asia
Sri Lanka cuts Parliament sessions as fuel crisis worsens
Colombo (TIP): Sri Lanka’s Parliament sessions will be restricted to two days this week instead of four days amid fuel crisis in the country, Leader of the House Dinesh Gunawardena said.Lanka’s economy is experiencing extreme […]
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