The National Cancer Institute (NCI) at Jhajjar, Haryana, recently dedicated to the nation by Prime Minister NarendraModi, is an integral part of All India Institutes of Medical Sciences (AIIMS), New Delhi.
The Goods and Services Tax (GST) Council met on February 24, 2019 for its 33rd meeting and slashed GST rate on under-construction residential properties and the affordable housing projects.
Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu on February 19, 2019 cleared proposals to encourage investments in Start-Ups, aiming at simplifying the process of exemptions for Start-ups from the ‘Angel Tax’ under Section 56 (2) (viib) of Income Tax Act, 1961.
The Reserve Bank of India (RBI) in the first week of February 2019 imposed monetary penalty on seven banks for non-compliance with various directions issued by the RBI on monitoring of end use of funds, exchange of information with other banks, Know Your Customer (KYC) norms, etc.
The Indian Banking Association (IBA) on February 4, 2019 issued advisory guidelines requesting banks to waive off the processing, documentation, inspection, ledger folio charges and all other service charges for crop loans up to Rs 3 Lakhs or for the Kisan Credit Card Scheme.
India’s new e-commerce policy came into effect on February 1, 2019. The implementation has caused widespread disruption for the online retailers, forcing some of them to take down an array of items from their website.