Decision on 18% GST for transactions under Rs 2,000 delayed
Mon, Sep 9, 2024 3:40 PM

Decision on 18% GST for transactions under Rs 2,000 delayed

A Flip by Shubhangi Gupta
Get it on Google Play
Uttarakhand Finance Minister Premchand Aggarwal has announced that no decision has been made regarding the proposed 18% GST on income from transactions under Rs 2,000 for payment aggregators. He said that the matter would be referred to fitment committee for further review and deliberation. Aggarwal, however, shared that helicopter services for pilgrims and tourists will be subject to a 5% GST.

More great flips

Intel foundry business to make custom chip for Amazon

Intel foundry business to make custom chip for Amazon

Intel's foundry business signs up Amazon's cloud unit as a multibillion-dollar customer for custom AI chip production, boosting Intel's shares by 8%. The deal marks a significant win for Intel's turnaround efforts, which include cost cuts, selling a stake in Altera, and reorganizing divisions to prioritize core CPU technology.

Open Flip
Stock market today: 10 stocks in F&O ban list on Sept 17🚫🚫

Stock market today: 10 stocks in F&O ban list on Sept 17🚫🚫

🚫Aarti Industries, 🚫Balrampur Chini Mills, 🚫Bandhan Bank, 🚫Birlasoft, 🚫Chambal Fertilisers and Chemicals, 🚫GNFC, 🚫Granules India, 🚫Hindustan Copper, 🚫LIC Housing Finance, and 🚫RBL Bank are the ten stocks on the NSE's F&O ban list on September 17. The NSE said the derivative contracts in these securities crossed 95% of the MRWPL and have been placed in the ban period.

Open Flip
SpiceJet launches share sale to raise up to ₹3,000 crore

SpiceJet launches share sale to raise up to ₹3,000 crore

Aviation carrier SpiceJet Ltd. has launched a Qualified Institutional Placement whereby it aims to raise funds by selling shares to eligible institutional participants. SpiceJet aims to raise up to ₹3,000 crore through the QIP, where the base size of the issue is said to be ₹1,500 crore, with a green shoe option of another ₹1,500 crore, sources with knowledge of the matter told CNBC-TV18.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon