Plan and Policy

Plan & Policy

Minor errors in e-way bill to be overlooked

In a major relief to traders and transporters, the tax authorities will not be detaining or seizing goods for minor errors or lapses in e-way bill while moving goods.

The central board of indirect tax and customs (CBIC) has listed out small mistakes where the detention or seizure provisions of the goods and services tax (GST) law would not be invoked. Such mistakes include spelling error in the name of the consignor or consignee, error in one or two digits of the document number mentioned in the e-way bill and error in one or two digits/characters of the vehicle number.

AERA to audit service quality at airports

The Airports Economic Regulatory Authority of India (AERA) would start auditing service quality at various airports as it seeks to bring it in line with charges levied by operators. "We are going to start looking at service quality at various airports. We are trying first to get some data from them regarding their financial and operational performance. Then we will slowly go into the area of consumer satisfaction," AERA chairman S Machendranathan told Financial Chronicle.

SC issues slew of directions to end centuries old stigma attached to leprosy patients

In a bid to remove centuries old stigma attached to leprosy patients, the Supreme Court Friday directed the Centre to consider framing separate rules for issuing them disability certificates so that they can avail of reservation and various other welfare benefits.

The apex court said that acceptability of leprosy patients in the society would go a long way in reducing the stigma attached to the disease and passed a slew of directions to the Centre and the state governments for launching massive awareness programmes.

Petrol, diesel rates scale new highs

Petrol and diesel prices Friday scaled new highs as rates were increased on account of rupee depreciation and rise in international oil rates.

While petrol price was increased by 28 paise a litre, diesel rates went up by 22 paise, according to a price notification of state-owned oil marketing companies.

Petrol in Delhi now costs Rs 81.28 per litre and diesel is priced at Rs 73.30 a litre.

Govt lists 5-point steps to boost rupee, lessen CAD

Amid rupee decline and rising fuel prices, the government on Friday took 5 measures to control current account deficit and falling rupee.

Prime Minister Narendra Modi held a meeting on Friday with Finance Minister Arun Jaitley in which RBI's governor and deputy governor, officials of the finance ministry and PMO officials were present.

In the meeting, RBI governor gave a detailed presentation about the condition of world's economy.

For India's poorest, an Aadhaar card can be the difference between life and death

Prem Malhar says his 50-year-old father died of hunger a few months ago because he did not have the government’s Aadhaar identity card that would have given him access to subsidised food.

At least 14 people have died of starvation in Jharkhand, the state where the Malhars live, activists say. They say the deaths have occurred since authorities cancelled old handwritten government ration cards last year and replaced them with the biometric Aadhaar card to weed out bogus beneficiaries.

Bank credit rose by 13.49%; deposits by 8.9%

Bank credit grew by 13.49 per cent to Rs 87,89,259 crore in the fortnight ended August 31, according to recent RBI data. In the year-ago fortnight, bank advances was at Rs 77,44,237 crore.

In the reporting period, the growth in advances was higher than the previous fortnight ended August 17, 2018, when it had grown at 12.94 per cent to Rs 86,75,129 crore.

How Kochhar got clean chit in 15 minutes, asks shareholder

Facing multiple enquiries, ICICI Bank CEO Chanda Kochhar (in pic) has gone on long leave, but the allegations levelled regarding quid pro quo and conflict of interest reverberated in the bank’s annual general meeting (AGM) on Wednesday.