GST Council clears proposal to remove tax exemptions on some items

The GST Council on Tuesday approved changes in tax rates on some goods and services while allowing states to issue an e-way bill for intra-state movement of gold and precious stones, officials said. The Council, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, also cleared a host … Read more

pvr: PVR-Inox merger proposal gets Sebi, stock exchange nods. What’s ahead?

New Delhi: PVR and have received approval from Sebi and stock exchanges regarding the proposed merger, three months after the merger announcement. The next step for the two multiplex owners is to get clearance from the National Company Law Tribunal (NCLT), which as per Nirmal Bang Institutional Equities, could take another six months. The Competition … Read more

Financial Firms to SEC Over Proposal to Regulate SPACs: ‘Don’t Kill the Industry’

New You can now listen to Insurance Journal articles! U.S. financial industry groups are pushing to water down a draft Securities and Exchange Commission (SEC) rule aimed at reining-in special purpose acquisition companies or SPACs, arguing it could kill the industry. The American Securities Association (ASA), the SPAC Association and the CFA Institute are among … Read more

Assam will acquire land first, then send proposal to Centre for airport: CM

Assam Chief Minister Himanta Biswa Sarma on Saturday claimed that land acquisition has to be completed by the state government before sending a formal proposal to the Centre for developing a greenfield airport. He said that Civil Aviation Minister Jyotiraditya M Scindia’s letter stating that no proposal has been … Read more

An Amazon worker will make a novel shareholder proposal this week

At Amazon’s (AMZN) annual meeting this week, warehouse worker Daniel Olayiwola plans to fight for change at the e-commerce giant in a way that’s both novel and as old as public companies themselves: He’s raising concerns as a shareholder. Olayiwola — who has worked at SAT4, a San Antonio, Texas fulfillment center, since 2017 — … Read more

Rajasthan allows proposal to do away with job interviews for most services

Rajasthan Chief Minister Ashok Gehlot has approved a proposal to amend various service rules to do away with the requirement of job interview for most services. According to a statement, interview will continue for the posts under the Rajasthan State and Subordinate Services (Direct Recruitment by Combined Competitive Examination) Rules, … Read more

JPMorgan shareholders rebuke CEO as only 31% support executive-pay proposal

Breadcrumb Trail Links FP Finance Banking Of particular concern was a pair of special bonuses Author of the article: Bloomberg News Hannah Levitt Publishing date: May 18, 2022  •  10 minutes ago  •  2 minute read  •  Join the conversation JP Morgan Chase & Co. CEO Jamie Dimon. Photo by Michel EulerAssociates Press/Pool Article content A … Read more

DoT likely to move 5G spectrum auction proposal to Cabinet next week

The Department of Telecom is likely to move the 5G spectrum auction proposal to the Union Cabinet for final approval next week, an official source said on Tuesday. The Digital Communications Commission has finalised the base price suggested by the Telecom Regulatory Authority of India, the source, who did not … Read more