Daily Archives: October 11, 2017

Govt reduces GST on bunker fuels, sets tax for offshore exploration, gas sales


The decision to reduce the GST rates for bunker fuel from 18% to 5% was taken after the October 6 meeting. India has reduced the goods and service tax (GST) on marine fuel oil, known as bunker fuel, to 5 percent for all vessels, the government said on Wednesday, which should help the country’s fuel sellers compete with other lower-tax ...

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Bharti Airtel launches 4G smartphone priced at Rs 1,399; operates on Android Nougat


Bharti Airtel launches its counter to Reliance JioPhone in the form of a smartphone called Karbonn A40 Indian which is effectively priced at Rs 1,399. Airtel is however, upping the game by launching a 4G smartphone instead of just a 4G feature phone. Similar to the JioPhone, the price tag of Rs 1,399 is the effective price. To purchase the ...

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