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Government proposes tax benefits for card payments

News: The government proposed income tax benefits to remove transaction charges on card payments at petrol pumps, gas agencies, and for railway tickets. It also proposed to make it mandatory to settle high value transactions of more than Rs 1 lakh through electronic mode to reduce tax avoidance, tax rebate ...

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Soft Bank, Bharti Enterprises, Foxconn announces $20 bn solar project

News:  Japan’s SoftBank Corp, together with Bharti Enterprises and Taiwan’s Foxconn, will invest about $20 billion in solar projects in India, in one of the biggest investment pledges to date in the country’s renewable energy sector. SoftBank will hold majority control in the joint venture, SBG Cleantech Ltd, while Bharti Enterprises Ltd and ...

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