Drone start ups demand flexible regulations

Digitization of permission will ease the permission process which otherwise involves a lot of paperwork Bangalore, February 1, 2018: Drone companies have demanded for digitalization in the permission process to fly drones and an increase in areas of drone flying practice in the country. Many Unmanned Aerial Vehicle (UAV) companies commonly known as drone companies […]

Continue Reading

Security lapses,bank freeze lands Indi-Bitcoin wallets ,investors in a soup

In the post 2017 Bitcoin boom world, the Indian cryptocurrency economy continues to remain a risky territory as local wallet providers face RBI raids, bank account freezes, and security lapses. Bangalore, January 23, 2018: “Want to buy a bitcoin? It might be easier than buying a pizza,” a city-based Bitcoin wallet provider said at a […]

Continue Reading

GST revision leaves electric vehicle manufacturers unimpressed

Bangalore, November 23, 2017: Electric car manufacturers are unhappy about the GST council’s decision to retain automotive car batteries in the highest tax slab. The revision of GST Tax rates in November has retained automotive batteries in the highest tax slab of 28 per cent. This is 18 to 23 per cent over the pre-GST state […]

Continue Reading

GST compounds farmers’ woes as cost of machinery rises

Bangalore, Oct 12, 2017: The 12 per cent GST on farm machinery has hit manufacturers and farmers in Bangalore. Before the GST, almost all farm equipments including threshers, drip irrigation systems, laser levelers, harrow, and cultivator power sprayer were taxed under Value Added Tax system at the rate of 5per cent. Drip and sprinkler irrigation equipment, […]

Continue Reading