According to May notification, credit card payments abroad would've attracted 20% tax collected at source. New rate on other foreign transactions to apply only if it exceeds Rs 7 lakh, says govt.
Scrapping the latest version of the Consumer Expenditure Survey, or denial on China dependence reveal the govt's signs of immaturity that are hard to ignore.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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