Category: Government
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India Will Have 6G Services By 2030, Says PM Narendra Modi
Prime Minister Narendra Modi stated on Tuesday that the government is making significant progress in the telecom industry, claiming that 5G and 6G would assist improve growth in all sectors after the country “lost a decade of policy paralysis and corruption of the 2G.” “The country has made remarkable advances from 3G to 4G, and…
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Indian Govt To Impose Highest GST Slab Of 28% On All Cryptocurrencies
GST Council, which is the highest decision-making body for indirect taxes in India, will reportedly consider levying a 28% goods and services tax on cryptocurrencies during its next meeting, according to sources. The government’s opinion is that cryptocurrencies should be kept at par with lotteries, casinos, racecourses, and betting. The GST Council will take up…
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What Are The Consequences Of Driving Without Insurance?
Did you know that it is illegal to drive a car without insurance in India? Let’s understand the consequences of driving without insurance. Car insurance is mandatory by law in India. This makes it illegal to drive a car which does not have insurance against it. While this mandate can be a little inconvenient for…
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FASTags Soon End Across India! Satellite-Based Toll Based On Distance Covered Under Testing
To make way for the new toll collection system, the government is scrapping the FASTag system. Pilot Testing It will instead collect toll tax using the satellite navigation system. It is reportedly already testing this as a pilot project. 1.37 lakh vehicles have been covered across the country in the pilot project. The New System…
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A ‘Declaration For The Future Of The Internet’
While echoing rules like the famed Digital Services Act, a legislative proposal by the European Commission to modernise the e-Commerce Directive regarding illegal content, transparent advertising, and disinformation, the United States, all European Union member states, and 32 non-EU countries have in a new alignment announced a “Declaration for the Future of the Internet” that…
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Xiaomi Assets Valuing Rs 5,551 Crore Seized By ED Over Alleged Forex Norm Violation
Xiaomi the popular smartphone manufacturer across the globe seems to be in trouble as the Enforcement Directorate has seized the company’s assets worth Rs 5,551 crore. Yes! You read it correctly, the assets are seized from the Bangalore-based Xiaomi Technology India for “illegal outward remittances”. It seems that the company has beached the norms of…
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Telangana Government Enters The Metaverse With Space-Tech Framework To Boost Space Industry
Telengana, an Indian state, has joined the Metaverse bandwagon with its ambitious Space Tech metaverse project. State-specific space-tech framework virtual world will serve as Telangana’s very own hub of technological advancement. As a one-stop destination for space technology, it is the only one of its kind in India (so far). Many other states would be…
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Govt’s Ecommerce Framework To Launch In April; Concern For Amazon, Flipkart?
Open Network for Digital Commerce (ONDC), the open public digital infrastructure framework, is expected to launch its beta version in April. Full Launch Anil Agrawal, the Additional Secretary-DPIIT, Ministry of Commerce & Industry said that five cities- Delhi, Bangalore, Coimbatore, Shillong and Bhopal- have been identified because of their geographical reach. They have a trader…
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Crypto Transactions Legalized In Swiss City Lugano; Taxes Can Also Be Paid In Crypto
Crypto is considered legal tender in Lugano, the largest city in Switzerland’s mesmerizing Ticino canton. In addition, the city also has its own token called LVGA points. The citizens will also be able to pay taxes in crypto and regular transactions. Bitcoin, USD Tether, and the LVGA Token are the options. All three approved as…
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Bot In Arms: Drones In The War Between Russia And Ukraine
Russia is surprised by Ukraine’s TB2-Bayraktar drones, supplied by Turkey. Now the cat is out of the bag! Based on the latest updates in the Russia-Ukraine war, it seems that Putin is looking for a quick victory, but Ukraine is in no mood to give up. Proof of that are their autonomous drones, the Bayraktar…