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Get the appGetThe Centre will propose a five-pronged reform plan at the GST Council meeting scheduled for October 8. Key reforms include processing most GST refunds within 17 days and potentially removing tax officers' power to arrest evaders under the proposed GST law decriminalisation. The Council will focus on structural reforms without changing GST rates, aiming to simplify tax compliance for businesses.
The Hindu·
PoliticsChina proposed reciprocal visits to nuclear facilities during meetings with US officials this year. Discussions included visits to US Department of Energy national laboratories and equivalent Chinese sites, according to a CNN source. These talks aim to enhance transparency and cooperation between the two countries in the nuclear sector.
ET Energy Power·
BusinessOn October 7, the US stock market closed at record highs with gains in Dow Jones, S&P 500, and Nasdaq. However, Asian markets, including Japan and South Korea, showed weakness. Nifty opened 51 points lower, signaling a weak start after Sensex and Nifty rose for two consecutive days. Crude oil prices rose by 0.92%. Markets await RBI MPC's decision today.
News18Hi Business·
BusinessSantosh Gavai, an MBA graduate, started a plumbing pipe business in Indira Colony after being inspired by his sisters. Instead of seeking a job, he borrowed around ₹3 lakh to set up the business. His hard work and quality service have helped his business grow steadily. He aims to provide employment opportunities through his venture, Shri Maa Kusum Trades.
News18Hi Business··Indira Colony
PoliticsPrime Minister Narendra Modi marked 25 years of public service on Wednesday, covering his time as Gujarat Chief Minister and India's Prime Minister. Leaders from India and worldwide congratulated him for his contributions to national development. Modi will address the 'Viksit Bharat Sankalp Sabha – Seva Jyoti Yatra' in Delhi, concluding the 'Seva Sankalp Yatra' that began on his 76th birthday, September 17.
News18··Delhi
BusinessBhavna Patel, a woman entrepreneur from Khargone and Barwani in Madhya Pradesh, has started a recycling business using waste drip pipes from fields. This innovative venture earns her lakhs of rupees every month, showcasing a successful and inspiring story of turning agricultural waste into a source of income.
News18Hi Business··Madhya Pradesh
The Hindu·
The Centre will propose a five-pronged reform plan at the GST Council meeting scheduled for October 8. Key reforms include processing most GST refunds within 17 days and potentially removing tax officers' power to arrest evaders under the proposed GST law decriminalisation. The Council will focus on structural reforms without changing GST rates, aiming to simplify tax compliance for businesses.
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