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Jammu and Kashmir joins Goods and Services Tax regime

Ut World July 8, 2017 0

 Amidst mounting tension across the valley, Jammu and Kashmir has decided to join the Goods and Services Tax regime as the state assembly has passed the bill regarding the GST which offers protection to the special status bestowed on them by the Indian Constitution. When the ruling party of Continue Reading

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SC gives six-month time to govt for implementation of schemes related to agriculture sector

Ut World July 7, 2017 0

The Supreme Court of India has given six-month time to the central government for the implementation of those schemes which, the government said, were in the stage of either conceptualisation or implementation when the SC bench headed by the Chief Justice, J S Khehar, and Justice D Y Chandrachud asked the government about the measures […]Continue Reading

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Gorkhaland revolution likely to affect Darjeeling’s tea industry

Ut World July 6, 2017 0

The political unrest prevailing in Darjeeling is likely to affect its tea industry adversely as it is preventing the workers from doing their job in the tea estates. The Darjeeling tea estates follow a short plucking cycle of ‘five to six’ days. In fact, this procedure makes this tea different from others and helps this tea to […]Continue Reading

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PM sends out letters to CAs

Ut World July 5, 2017 0

Recognising the importance of the role played by the Chartered Accountants of our country, Indian Prime Minister Narendra Modi has sent out letters to the CAs practising in our country. The move is regarded as the follow-up to “PM Modi’s official address to the Institute of Chartered Accountants of India” in which the PM asked […]Continue Reading

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Karnataka Press-Legislature issue: journalists appear before speaker

Ut World July 4, 2017 0

In the latest episode of the conflict between the news media and legislature in Karnataka where the state’s legislature sentenced two renowned journalists- Ravi Belagere of ‘Hi Bangalore’ and Anil Raj of ‘Yelahanka Voice’- to one year imprisonment for breach of privilege, the two editors has appeared before the speaker of the state’s legislature, K […]Continue Reading

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A sigh of relief for Arundhati Roy, as Supreme Court stays the criminal proceedings against her

Ut World July 4, 2017 0

Supreme Court on Monday stayed the criminal contempt proceedings against Arundathi Roy. She was charged with Criminal contempt of court on December 2015 by Bombay High Court for writing an article in one of the leading magazine against the arrest of DU Professor GN Saibaba. Saibaba arrested in 2014 was said to have alleged maoist […]Continue Reading

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Transgender discrimination continues as 9 out of 21 hired by ‘Kochi Metro’ resign.

Ut World July 3, 2017 0

Most of us considered it to be a great achievement when the news of Kerala movement hiring 21 transgender to work with Kochi Metro hit the headlines. The very first thought that came in our mind was ‘India is progressing’, the must needed change was happening, a new society where there is no discrimination was […]Continue Reading

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Uncertainty looms over ‘govt’s move to deregister nearly one lakh companies

Ut World July 3, 2017 0

A state of uncertainty is slowly looming in the India corporate society over the central government’s move to deregister nearly one lakh companies, with some prominent lawyers and charted accountants expressing doubt about the existence of such an authority which enables the concerned department to implement such a step. Last day, the Registrar of Companies cancelled […]Continue Reading

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Delhi bound Indigo flight aborted while taxing

Ut World July 1, 2017 0

Delhi bound Indigo flight from patna was aborted due to the engine failure. Flight number 6E-508, carrying 174 passengers, suffered an engine failure while it was taxiing for take off at Patna Airport. The flight supposed to take of at around 18:00 hours on Friday, was pulled off from runway following the incident. This in […]Continue Reading

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GST finally comes into effect; producing states likely to receive compensation for their revenue loss

Ut World July 1, 2017 0

After several years of negotiations, deliberations and efforts, the country has finally implemented the Goods and Service tax, which subsumes all indirect taxes into one. The consumer states are likely to get more benefit from this tax system than the producing states such as Tamil Nadu, Maharashtra, Haryana, Gujarat, Karnataka and Haryana, as the Goods […]Continue Reading