Bengaluru: Mobile wallet firms are trying to put in place customer identification processes to adhere to the August 31 deadline when the full Know Your Customer (KYC) mandate kicks in. This is the last date that the Reserve Bank of India has set to capture the complete details of wallet customers. The problem is, as […]
NEW DELHI: India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the Narendra Modi government. The GST Council is set to take up the proposal at its June 20 meeting, said a senior government official aware […]
BENGALURU: Indian IT services companies are not too keen to use a premium processing option for H-1B visas due to a changing business model and higher rejection rates, two people aware of the developments at industry lobby group Nasscom said. These companies, long dependent on H-1B visas to deploy software engineers close to their clients […]