Category: India

BRICS nations vow to fight protectionism

Trade ministers from BRICS countries pledged to rise against protectionism and safeguard the multilateral trade system after concluding their annual meeting in Shanghai Wednesday.
The member countries, Brazil, Russia, India, China and South Africa, are also members of the WTO, playing a major part in global economic governance, according to a statement released after the meeting.
Ministers agreed to firmly oppose protectionism and pledged to annul any protective measures,

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Lok Sabha passes bills for implementation of GST in J&K

The Lok Sabha on Wednesday passed two crucial Bills extending the Goods and Services Tax (GST) regime to Jammu & Kashmir.

The lower house passed the Central Goods and Services Tax (Extension to Jammu and Kashmir), Bill, 2017 and the Integrated Goods and Services Tax (Extension to Jammu and Kashmir), Bill, 2017 after a brief discussion.

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