THE FACT IS

नई दिल्ली : क्या पीएम मोदी का ड्रीम प्रॉजेक्ट मेक इन इंडिया अपनी चमक खोने लगा है? मोबाइल फोन मैन्युफैक्चरिंग के मामले में तो कम से कम ऐसा ही लगता है। फाइनैंशल एक्सप्रेस में छपी एक रिपोर्ट में कहा गया है कि भारत में मैन्युफैक्चरिंग इकाई या असेंबली की स्थापना के लिए सभी स्थानीय मैन्युफैक्चर्रस को जो 11.5 टैक्स लाभ दिया गया था, सुप्रीम कोर्ट ने उसे खारिज कर दिया है। बजट में वित्त मंत्री अरुण जेटली ने भारत में निर्मित मोबाइल फोनों के लिए एक्साइज ड्यूटी 1 फीसदी कर दिया था जबकि सीवीडी यानी काउंटरवेलिंग ड्यूटी (किसी सामान के आयात पर वसूला जाने वाला ड्यूटी चार्ज) को बढ़ाकर 12.5 फीसदी। इस तरह देश के बाहर बने मोबाइल पर भारत में बने मोबाइल की तुलना में 11.5 फीसदी ज्यादा ड्यूटी चार्ज लगता। यह चीज बड़ी स्मार्टफोन कंपनियों को भारत में अपने मैन्युफैक्चरिंग प्लांट को स्थानांतरित करने हेतु प्रेरित करने के लिए काफी थी। 1 मार्च को सेंट्रल बोर्ड ऑफ एक्साइज ऐंड कस्टम्स ने एक नोटिफिकेशन जारी किया था जिसमें उल्लेख किया था कि केंद्रीय वैट क्रेडिट का लाभ नहीं लेने की स्थिति में एक्साइज ड्यूटी 12.5 फीसदी और

NEW DELHI: Delhi Finance Minister Manish Sisodia today estimated a total revenue of Rs 41,500 crore in fiscal year 2015-16, from the budget proposals. While presenting Delhi budget Sisodia said, "The Estimates of total Receipts in 2015-16 is Rs 41,500 crore which is Rs 3,731 crore more than the Receipts of Rs 37,769 crore approved in the Vote on Account. With the proposed Estimates of Receipts and Expenditure there will be a surplus of Rs 371 crore." As per budget proposal, total expenditure of Rs 41,129 crore will be financed mainly from tax revenue of Rs 34,661 crore, Rs 1,127 crore from non-tax revenue, Rs 381 crore from capital receipts, Rs 1,038 crore from small saving loan, Rs 807 crore as compensation of CST/VAT. Government further rely on Rs 800 crore from Centrally Sponsored Schemes, Rs 395 crore normal central assistance, Rs 163 crore Externally Aided Projects, Rs 325 crore share in central taxes and the remaining amount from the opening balance to meet its exp

The trial court has pronounced the complaint against Union HRD minister Smriti Irani for allegedly giving false information to the Election Commission about her educational qualification, as “maintainable”. Metropolitan magistrate Akash Jain had reserved the order on June 1, after hearing the arguments on the aspect of limitation and whether the cognizance had taken place or not. She has been accused of giv ing “false” information about her educational qualification in affidavits filed with the Election Commission. The case will be heard on August 28. With the admission of a plea against educational qualifications Smriti Irani seems to be on a sticky wicket. The AAP has already raked up the issue and wants action against her just like it in case of Delhi law minister Jitender Singh Tomar. Freelance writer Ahmer Khan had filed the complaint, alleging that, Smriti Irani had purportedly given different details about her educational qualification in her three

Reuters, San Francisco: There's less than a week before Apple Music launches in more than 100 countries around the world -- it's reportedly coming to India too for Rs. 120 a month -- and already, Apple's biggest competitors are scrambling. Google launched a free version of its music streaming service on Tuesday. This makes Google's music service more like Spotify and is notable, because Google did not have a free tier before. User had to pay $9.99 a month to acccess the service. Apple said earlier this month it would launch a music streaming service on June 30 for $9.99 per month along with a $14.99 per month family plan, with a free three-month trial. As with other streaming services, such as Spotify and Rhapsody, Google Play Music curates playlists. Users can tailor playlists based on genre, artist or even activity, such as hosting a pool party or "having fun at work." "We believe this is a play that will expose a lot of people to the service,"