Govt eyes auto cos-led model to fix EV charging on highways

The ministry has identified 60 priority corridors for electrification NEW DELHI: Govt wants automakers to take greater responsibility for fixing gaps in India’s electric vehicle EV charging network. Speaking at Siam’s annual session, Kamran Rizvi, secretary, ministry of heavy industries, said nearly half of mapped charging stations were non-functional, underscoring a major consumer pain point…

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‘Will finalise trade deal after US gives preferential tariff terms’: India’s clear message to America

Piyush Goyal says India awaiting tariff edge before US trade deal (File photo) NEW DELHI: India will announce the final details of its proposed Bilateral Trade Agreement (BTA) with the US only after Washington agrees to provide preferential tariff terms compared with the country’s competitors, commerce and industry minister Piyush Goyal said on Thursday.“As soon…

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8th Pay Commission salary hike calculator: A Level 8 employee could earn up to Rs 28.89 lakh extra over 10 years if annual increment rises from 3% to 7% with 2.15 fitment factor

One issue that is likely to come up again is the annual increment rate for central government employees. 8th Pay Commission news: The 8th Pay Commission is set to travel to Chennai on September 7 and 8, following its two-day stakeholders’ consultation meeting in Jaipur. During the Chennai visit, representatives of employee and pensioner organisations,…

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Couple bought flat jointly for Rs 60 lakh, stamp value was Rs 94.81 lakh; taxman added entire Rs 34.81 lakh gap to husband’s income, why ITAT said it’s not justified

Although the flat was jointly owned by the husband and wife, the tax officer added the entire Rs 34.8 lakh difference to the husband’s income. You buy a house jointly with your wife. When you register it the stamp duty value is higher, and the Income Tax Department decides to place the full tax liability…

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