Operating a petrol pump is one of the leading business projects at the moment. There are many concerns such as expenses to operate a fuel station, the license approval process, land specifications, etc. Numerous oil firms, such as Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL), Indian Oil (IOCL), Essar Oil or any other oil company, offer their dealership to the interested folks. Therefore, several prospects for the opening of petroleum pumps in India are expected in 2020. Several people do not know how to open the petrol pump in the nation or respective state, because they do
Bank unions on Wednesday called for a two-day nationwide strike on January 31 and February 1 after talks over wage revision failed to make headway with the Indian Banks' Association (IBA).
The Institute of Chartered Accountants of India (ICAI), through its Committee for Export of CA Services & WTO had made a tie up through Instituto Cervantes, Spanish Embassy Cultural Centre,
to promote Spanish language amongst its members and students in order
to overcome language barriers abroad. The sixth weekend batch of the
Spanish language course (level A1.1- for
Transitional Credit of EC, SHEC & KKC can be carried forward under GST regime: High Court
[Sutherland Global Services (P.) Ltd. v.Asst. Commissioner CGST & Central Excise [2019] 111 taxmann.com 264 (Madras)]
The Madras High Court has allowed the writ petition filed by Sutherland Global against notice issued asking them to reverse the transitional credit of Education Cess (EC), Secondary and Higher
Unutilized accumulated input tax credit of notified goods on account of inverted duty structure shall not lapse: High Court
[Shabnam Petrofils (P.) Ltd. v.. Union of India [2019] 108 taxmann.com 15 (Gujarat)]
The applicant was a manufacturer and seller of textile goods. It filed a Special Civil Application before the Gujarat High Court challenging the provisions of the CGST Act, 2017, notification and
Manual rectification of Form GSTR-1 allowed by the High Court
[Vadehra Builders (P.) Ltd. v. Union of India [2019] 111 taxmann.com 330 (Delhi)]
Taking the view considered by the High Court of Andhra Pradesh in Panduranga Stone Crushers v. Union of India[2019] 108 taxmann.com 511 (Andhra Pradesh)], wherein the Court permitted the
ITC on goods/services used in construction of mall can be used against GST payable on rental income: High Court
[Safari Retreats (P.) Ltd. v. Chief Commissioner of CGST [2019] 105 taxmann.com 324 (Orissa)]
The petitioner was engaged in construction of shopping malls and letting out of the shops so constructed. For construction purpose, materials and other inputs in the form of cement, sand, steel, electric equipments and services in the form of consultancy, architectural, legal services, etc., were
Online fantasy sports game is a 'game of skill' and subject to 18% GST: Bombay High Court
[Gurdeep Singh Sachar v. Union of India [2019] 106 taxmann.com 290 (Bombay)]
The petitioner filed Public Interest Litigation (PIL) to initiate criminal prosecution against the Company Dream 11 Fantasy Pvt. Ltd., for conducting illegal operations of gambling/betting
Sale of goods from Duty Free shops located at International Airports constitutes 'export': High Court
[Sandeep Patil v. Union of India- [2019] 110 taxmann.com 155 (Bombay)]
The assessee sells goods to international passengers from duty free shops (DFS) situated in international airport at Mumbai. Such goods are mainly imported or procured from SEZ units in India and are sold before they cross customs barriers. The assessee had challenged the order passed by the
Anti-profiteering provisions attracted for adopting incorrect methodology to pass on benefit of rate reduction: NAA
[Director General of Anti-profiteering v.Nestle India Ltd. [2019] 112 taxmann.com 202 (NAA)]
The respondent is a subsidiary of Nestle group and is engaged in manufacturing and sale of various food products including coffee, noodles, chocolates, etc. GST rates on several products supplied by the respondent were reduced from 28% to 18% w.e.f 15.11.2017 and from 18% to 12% w.e.f from
Writ petitions could not be filed before HC against seizure orders: SC
[State of Uttar Pradesh v. Kay Pan Fragrance (P.) Ltd. [2019] 112 taxmann.com 81 (SC)]
The appeal was filed against the interim orders passed by the High Court directing the State to release the seized goods on deposit of security or on furnishing of indemnity bond equal to tax and penalty to
Restaurant & sweetshop operated from same premises are not 'Composite Supplies' of restaurant services: AAAR
[Kundan Misthan Bhandar, In re [2019] 105 taxmann.com 364 (AAAR-Uttarakhand)]
The applicant is running sweetshop and a restaurant in two distinctly marked separate parts of the same premises and also maintaining separate accounts and billings for the two types of businesses. It
Royalty paid to obtain license for mining lease from govt. for exploration of natural resources to be taxed at the rate of 18% GST: AAAR
[Aravali Polyart (P.) Ltd., In re [2019] 108 taxmann.com 373 (AAAR-Rajasthan)]
The applicant is engaged in mining of soapstone and dolomite in Rajasthan on the land taken on lease for which it is required to pay royalty to the State Government. It has sought an Advance Ruling to determine the applicable GST rate on leasing services provided by the State Government for which
GST not leviable on services provided by Court Receiver: High Court
[Bai Mamubai Trust v. Suchitra [2019] 109 taxmann.com 300 (Bombay)]
The issue was raised before the High Court of Bombay to determine the applicability of GST on services or assistance rendered by the Court Receiver appointed by the Court under Order XL of
Persons Registered in a particular State can't claim credit of GST paid on hotel services availed in other State: AAAR
[IMF Cognitive Technology (P.) Ltd., In re [2019] 108 taxmann.com 412 (AAAR-Rajasthan)]
The applicant is engaged in development, designing and trading of all types of computer software. It procures hotel services in the Haryana State on which hotel collects Central GST and State GST of
Benefit of transitional credit could not be denied due to non-filing of Tran-1 within due date: High Court
[Siddharth Enterprises v. Nodal Officer [2019] 109 taxmann.com 62 (Gujarat)]
The assessee filed a writ petition before the Gujarat High Court to permit it to file declaration in Tran-1 and Tran-2 for availing of transitional credit of eligible duties of the inputs held in stock on the GST implementation date, i.e., 01-07-2017. The assessee submitted that the declaration in Tran-1
No GST on volume discount received on purchase & sale of vehicles without any GST adjustment: AAR
[Kwality Mobikes (P.) Ltd., In re [2019] 110 taxmann.com 369 (AAR - Karnataka)]
The applicant is engaged in the business of supply of motor vehicles. It is eligible for volume discount for sales and purchase of such vehicles on achieving the target. It has sought an Advance
ITC available on motor vehicle purchased to provide trial runs to customers: AAR
[Chowgule Industries (P.) Ltd., In re [2019] 107 taxmann.com 293 (AAR - Goa)]
The Applicant is an authorized dealer of Maruti Suzuki India Ltd.. for sale of motor vehicles and spares. It has sought an Advance Ruling to determine availability of ITC on motor vehicle purchased for demonstration purposes.
The Authority for Advance Rulings observed that the vehicles purchased from suppliers are being
Medicines, implants, etc., used in medical treatment is a 'Composite Supply' of healthcare services; hence no GST is payable: AAR
[Royal Care Speciality Hospital Ltd., In re [2019] 110 taxmann.com 481 (AAR - Tamilnadu)]
The applicant is a multi-specialty hospital providing health care services. It has sought an Advance Ruling to determine whether the medicines, consumables, implants, etc., used in the course of
No GST on reimbursement of expenses incurred by employees on behalf of Company: AAR
[Alcon Consulting Engineers (India) (P.) Ltd., In re [2019] 110 taxmann.com 357 (AAR - Karnataka)]
The applicant is providing consultancy services for construction projects. While providing such services some of the expenses are incurred by their employees on behalf of the applicant. It has
No GST on e-commerce operator for manpower services rendered by drivers through its platform: AAR
[Humble Mobile Solutions (P.) Ltd., In re [2019] 110 taxmann.com 234 (AAR - Karnataka)]
The applicant operates electronic platform service called 'DriveU' which provides drivers on demand to customers who wish to obtain the services of a driver. The applicant has sought an Advance Ruling
[Prestige South Ridge Apartment Owners Association, In re [2019] 110 taxmann.com 235 (AAR - Karnataka)]
The applicant is an association of apartment owner's.. It has filed an application for an Advance Ruling to determine applicability of GST on corpus/sinking fund collected from members. The
Accommodation services provided to SEZ units are to be treated as 'zero rated supplies': AAR
[Carnation Hotels (P.) Ltd., In re [2019] 110 taxmann.com 196 (AAR - Karnataka)]
The applicant having its registered office in New Delhi is proposing to operate hotels and rent out the rooms to the employees of SEZ units. It has sought an Advance Ruling to determine whether the
Tools supplied by OEM to Component manufacturer for free not to be added to value of component: AAR
[Toolcomp Systems (P.) Ltd., In re [2019] 108 taxmann.com 107 (AAR - Karnataka)]
The applicant is a manufacturer and seller of plastic moulds, jigs, fixtures, gauges, etc. It receives tools from customers free of cost (FOC) for the manufacture of parts which are returned to the customers. It has sought an Advance Ruling to determine whether tools supplied for free shall be
Re-sale of food & bakery products are not part of 'restaurant services': AAR
[Square One Homemade Treats, In re [2019] 110 taxmann.com 494 (AAR - KERALA)]
The applicant is purchasing and selling food products (i.e., cakes, cookies, ready to eat homemade packed food, etc.) procured from other dealers. All food items sold are pre-packed and the applicant has no kitchen facility to cook food at their premises. It has filed an application for advance ruling to
Refund of IGST on exported goods couldn't be withheld due to excess claim of duty drawback: High Court
[Amit Cotton Industries v. Principal Commissioner of Customs [2019] 107 taxmann.com 167 (Gujarat)]
The applicant was a registered person who was running a cotton ginning mill. It exported its goods and claimed refund of the IGST paid in respect of such goods. The revenue authorities held that
MCA invites nominations for 2020 national CSR awards; FISME asked to nominate 10 MSMEs for the award New Delhi, Jan 15 (KNN) The Ministry of Corporate Affairs (MCA) has sought nominations for the
Capital goods means goods, the value of which is
capitalised in the books of account of the person claiming the credit
and which are used in the course of or furtherance of business.
Input
tax credit means credit of Input tax i.e. tax levied on input goods,
input services or both. Any goods (including capital goods) and any
input services used or intended to be used by a provider of
Panic
gripped customers of the South Bengaluru-based urban co-operative bank
(UCB), Sri Guru Raghavendra Sahakara Bank, after RBI cracked the whip on
the bank by limiting withdrawals by depositors to just Rs 35,000.
Thousands of customers thronged all eight branches of the bank across
the city on Monday, but the bank's top management avoided any
interaction with them.
The bank had called for a meeting of the depositors to address the
concerns at Sri Guru Narasimha Kalyana Mandira on Bull Temple Road on
Monday evening. However, the UCB's founder and
On 9 August 2019, the Arbitration and Conciliation (Amendment) Act 2019 (“the Amendment Act”)
came into force in India. The legislative changes introduced by way of
the Amendment Act seek to promote institutional arbitration in India and
expedite the resolution of commercial disputes
The Association of International Certified Professional Accountants
(the Association) and the Management Accounting Section of the American
Accounting Association (AAA), has recognized three professors for their
research on the impact of performance-based incentives on the creative
process.
Steven J. Kachelmeier of the University of Texas at
Austin and Laura W. Wang and Michael G. Williamson of the University of
Illinois at Urbana–Champaign, were named recipients of the 2020
The Customs Excise and Service Tax Appellate Tribunal (CESTAT),
Chennai ruled that the Chartered Accountant’s Certificate that
categorically certifying that the tax burden has not been passed on to
another can be considered as evidence to establish the fact.
The ruling was made by the Tribunal in the case of M/s.Modfurn Systems India Pvt. Ltd. V. Commissioner of GST & CE by a bench consisting of Hon’ble Smt. Sulekha Beevi C.S, Member
With public holidays for Lohri and Makar Shankranti on 14th and 15th in respective states and fourth Saturday assessee as well as chartered accountants are left with mere 14 days to file GSTR 9 and
CBDT vide a Press release dated 09.01.2020 has rolled back
the non-applicability clauses inserted through Notification 01/2020
dated 03.01.2020.
Taxpayers who jointly own House property or to those spending on
electricity in excess of Rs.1,00,000/- or foreign travelling in excess
of Rs 2,00,000/- who were not allowed to file ITR-1 now
Sub: Extension of last date “for
complying with the CPE hours requirement for the Calendar Year 2019 and
for the block period 2017-2019” – from 31st December, 2019 to 31st
January, 2020
We may inform you that it has been
decided to extend the last date for compliance of CPE hours
There is a saying " Money saved is Money Earned". The saying is very much relevant even today and if one applies this principle in everyday life a surprisingly significant amount can be saved over a period of time. So here we are with our new series which we call Money saving tip of the Day. Our today's money saving tip is
In December 2019, the GST Council Council extended
the deadline for filing Form GSTR-9 (Annual Return) and GSTR-9C
(Reconciliation Statement) for FY18 to January 31, 2020.
The government on Friday extended the deadline to avail waiver of fee chargeable on GSTR-1 from
July 2017 to November 2019 from January 10 to January 17. In December
2019, the GST Council
This article covers the circumstances under which the payment in form DRC-03 is required to be filed along with the time limits. Also, learn the steps on how to file the same on the government GST portal in detail.
What is form DRC-03?
DRC-03 is a payment form in which a taxpayer can pay the tax by raising its liability
Not issuing GST bills to buyers to cost Chandigarh retailers ₹25,000
Launching a crackdown on evasion of goods and services tax
(GST), the UT excise and taxation department has formed teams to challan
retailers not issuing bills to customers.
At the same time, the
department is working on launching a mass awareness campaign to exhort
More than 1,000 individuals have so far registered with the independent
directors'' database portal established under the Companies Act,
according to an official.
The databank is expected to become a comprehensive repository of
both existing independent
Effectively, the government will now be able to link the passport number and PAN
of all those filing ITR 1 for current financial year. This is because
the income tax return form 1 notified for financial year 2019-20
requires the filer to mandatorily mention passport number if any and of
course the form
The Central Board of Indirect Taxes & Customs ("CBIC") has
notified the following Sections of the Finance (No.2) Act, 2019 which
pertain to various sections in the Central Goods and Services Tax Act,
2017 ("CGST Act") w.e.f January 1st, 2020 vide Notification No. 01/2020 -
Central Tax dated January 1st, 2020 -
The Finance Ministry has come up with ‘Frequently Asked Questions (FAQs) on ‘e-invoicing’ under the GST system, reaffirming the government’s intent to implement ‘e-invoicing’ for GST.
This also reaffirms the fact that the government is ready from a technology stand point to introduce e-invoicing as planned, said GST experts.
The introduction of e-invoicing — for B2B businesses — is also expected to curb
The winner of Monthly Top commentator Award for the month of December 2019
is Nirav with 110 comments on various post. Congratulations! Nirav you
are eligible for winning Rs.1000/- from
"The due date for linking of PAN with Aadhaar as specified under sub-section 2 of section 139AA of the Income-tax Act, 1961 has been extended from December 31, 2019 to March 31, 2020," the
The deadline to link PAN with Aadhaar
is just a few days away, i.e., December 31. According to income tax
laws, if PAN is not linked with Aadhaar by this date, then your PAN will
become inoperative.
The government is yet to specify the meaning of the word 'inoperative'
even though the rule regarding this was amended in the July 2019 Budget.
The amendment had come into effect from September 1,
The income-tax department has
sought detailed information from its counterparts in seven countries in
connection with an on-going investigation against members of the Mukesh
Ambani family under provisions of the Black Money Act, 2015, for what
it alleges undisclosed foreign income and assets. The seven countries
are the US, the UK, Switzerland, St.
Lucia, Mauritius, Luxembourg
and Belgium. The queries, sent last month, were mainly about Capital
PAN, Aadhaar linkage is mandatory; here is how you can do it
The Supreme Court (SC) has allowed linking of PAN with Aadhaar
while reading out its verdict on the constitutional validity of
Aadhaar. The apex court also said that Aadhaar is a must to file income tax return (ITR) and also to apply for a new PAN.
As per the Central Board of Direct Taxes (CBDT) notification dated
September 28, 2019, the
We are pleased to inform that the Draft Bank Branch Auditors’ Panel of
Chartered Accountants/firms for the year 2019-20 has been hosted at www.meficai.org for indicating the category of the applicants of Multipurpose Empanelment Form for the year 2019-20.
MEF
Portal fetches the data from the common pool of ICAI database. ICAI has
upgraded its
Are you better off than you were three years ago? Tax cut calculator
ForbesTaxpayers
will be pondering the tax cut in April, and again in November. I
decided to do a little experimenting with the tax code, using a
spreadsheet that I invite you to download.
The 2017 tax cut that
its main promoter described as huge is a mixed blessing. It dished out
some big
Legal Caution : While writing a date in upcoming year 2020 , we should write that in its full format, e.g. 31/01/2020 and not as 31/01/20.,bcoz anyone can change it to 31/01/2000 or 2011 or 31/01/2099
Non-filing of GST returns may result in attachment of bank accounts: ReportThe Central Board of Indirect Taxes and Customs (CBIC) has formed an SOP for dealing with defaults on GST payments.
The Central Board of Indirect Taxes and Customs ( CBIC ) has further extended the enabling new changes in Annual Return (GSTR-9) and the Reconciliation Statement ( GSTR-9C ) to December 21st, 2019.
Recently, the Central Government has made some changes in the forms
of Annual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C)
vide Notification No. 56/2019 dated 14.11.2019. Accordingly, the changes
in the application software and the offline tools are likely to be made
Beginning January 1, a game changing invoicing system will be introduced in the Goods and Services Tax (GST) system. A standardised protocol, powered by the Institute of Chartered Accountants of India (ICAI) and information technology,
Taking a copy of the bill from the seller may turn rewarding, with the government planning a lottery scheme for customers to improve compliance. The measure is being explored by the revenue augmentation officers committee to boost collections and it may be put before the Goods and Services Tax (GST) Council during its meeting on December 18.
The Consumer Welfare Fund, where anti-profiteering proceeds are deposited, will be used to reward the lucky winners on monthly and annual bases. The prize money, yet to be fixed, may run into several lakhs of rupees for the annual draw, and about Rs 50,000 for monthly draws.
“The idea is to encourage consumers to ask for a bill, which will push sellers to become GST compliant and pay tax. A lot of beauty parlours and small hotels, for
The Institute of Chartered Accountants of India (ICAI) today clarified that, Chartered Accountants joining Unrecognized ‘Networks’ for Professional Work amounts may result in Disciplinary Proceedings.
The ICAI has said that, It has come to the knowledge of the Institute that many members in practice are joining/associating themselves with “Networks” which are other than the Networks registered with the Institute, with the mutual referral
The Registrar of Companies (RoC) has disqualified 5,023 directors, including honchos of Akshaya Gold Farms and Villas India Limited, of Andhra Pradeshfor violating the provisions of the Companies Act. The director identification number(DIN) of these individuals has also been deactivated. They have been barred from being a director for non-filing of annual returns and balance sheets. According to the Union ministry of corporate affairs
Union Minister Piyush Goyal, Ministry of Finance and FM Nirmala Sitharaman. (Photo Credit: File Image)
New Delhi, December 10: With
the country reeling under the pressure of slow economic growth and
opposition taking jibes at the ruling dispensation, speculation is rife
on social media that present
Announcement
on Applicability of “Implementation Guide on Resignation/ Withdrawal
from an Engagement to Perform Audit of Financial Statements” to
Statutory Auditors of Listed Entities and their Material Subsidiaries
1 The Auditing and Assurance Standards Board of
ICAI issued “Implementation Guide on Resignation/ Withdrawal from an
Engagement to Perform Audit of Financial Statements” on 30th November
2018. Paragraph 25 of the aforesaid Implementation Guide which
prescribes applicability
Business expenditure --Setting up and commencement of business--Expenditure incurred
relating to setting up of inland clearance depot, container freight station and
warehousing
The winner of Monthly Top commentator Award for the month of November is Nirav with 110 comments on various post. Congratulations! Nirav you are eligible for winning Rs.1000/- from
A third auditor was arrested by the Economic Offences Wing (EOW) of the Mumbai Police in the Rs 4,355-crore Punjab and Maharashtra Co-operative (PMC) Bank fraud case on Tuesday. This is the eighth arrest in the case. Investigators suspect that the auditors have received Rs 40-60 lakh from the
The Goods and Services Tax (GST) panel is mulling various methods to boost revenue collections, among which one suggestion is to raise the 5 percent tax slab to 6 percent, as per a Business Standard report.
The slab-restructuring is expected to bring in additional
Chartered Accountancy(CA) is one of the most sought-after professions. Though it is considered India's highest accounting degree, it is not recognized in all countries.
The Certified Public Accountant (CPA) course, which is the highes
Deloitte Touche Tohmatsu Limited charging the Government Re 1 as disinvestment advisory for Bharat Petroleum Corporation Ltd (BPCL) has not gone down well with the investment banking community.
"Deloitte charging Re 1 is not a healthy competition. Regulator should not allow such low bids," said an investment banker on condition of anonymity. Investment bankers said that the regulator must put a minimum cap on the advisory fee.
Deloitte is helping the government sell its stake in BPCL. According to media reports, SBI Caps was the second-lowest bidder, quoting Rs 15-17 crore.
Deloitte declined to comment on the story.
This is not the first time such aggressive bidding has been done by an investment bank. Deloitte had quoted a similar price for its services in the divestment process of Container Corporation of India (CONCOR).
JM Financial had charged Re 1 for ONGC's purchase of the government's 51.11 percent stake Hindustan Petroleum Corporation (HPCL).
The trend of financial advisers quoting low prices began with the listing of Coal India on the stock exchanges roughly a decade ago. The advisers were paid only Rs 1,500.
Why Re 1 fee?
Bankers told Moneycontrol that the Re 1 pricing has nothing to do with any tangible measure, but has been determined by 'other factors.'
"Such low bids of Re 1 is largely done for goodwill and since it was a government deal it adds value to company's profile," another investment banker said.
Generally, consultation fees varies from sector to sector and company to company.
However, investment bankers said the only tangible measure for fixing fees for large deals isdecided based on the expected time spent on the deal, calculated on hourly basis.
"Fee quotations/pricing for contracts of such large nature by
The government has introduced an important change around the e-way bill generation with an aim to crack down on GST non-filers and evaders. With effect from December 2, 2019, the blocking and unblocking of the e-way bill generation facility has been implemented on the e-way bill portal. E-way bill generation has been barred for taxpayers who haven’t filed their returns for the previous two consecutive months.
What is the intention of blocking e-way bill generation for taxpayers? As per GSTN data, around 20.75 lakh GSTINs have not filed their GSTR-3B for September and October months. Also, out of these 20.75 lakh GSTINs, around 3.47 lakh GSTINs (16.7%) had transactions for September and October 2019 in the e-way bill system. Considering the rise in the number of tax defaulters, their ability to generate e-way bill had to be blocked. The tax department is of the view that non-filing of returns has been the primary reason for the decline in the GST revenue collection.
How will blocking of e-way bill generation work? Every taxpayer who is registered under GST must file GSTR-3B, on a monthly basis. GSTR-3B has details of sales and purchases made by a business and the final tax payable after claiming input credit.
As per the new rule, when a taxpayer fails to file his or her GST returns (GSTR-3B) for two continuous months, he or she will get blocked from generating an e-way bill. A GSTIN which is blocked cannot be used for generating an e-way bill either as a consignor or consignee.
For example, if a taxpayer has not filed his GSTR-3B return for September and
Non-filing of Know Your Client (KYC) mainly led to deactivation of DINs
The Ministry of Corporate Affairs (MCA) deactivated 19,40,313 Director Identification Numbers (DINs) in the MCA21 Database due to non-filing of Know Your Client (KYC), as on 28 November 2019. This was stated by Anurag Singh
Punjab National Bank (PNB) 'fraudulently issued' Letters of Undertaking (LoUs) worth Rs 25,000 crore to the Nirav Modi group, The Indian Express reports.
Belgian auditor BDO found that PNB issued 1,561 LoUs, valued at Rs 28,000 crore, to the Nirav Modi group. Of this,
The Ministry of Corporate Affairs (MCA), with the objective of strengthening the institution of Independent Directors under the Companies Act, launched today the Independent Director’s Databank in accordance with the provisions of the
Taxation Laws (Amendment) Bill, 2019, will amend the Income Tax Act 1961 and the Finance (No 2) Act 2019. It replace the Ordinance which was Promulgated by the President in September.
In the biggest reduction in 28 years, the government
NEW DELHI: Reliance Jio will raise tariffs by up to 40% from December 6 through its all in one (AIO) plans where the Mukesh Ambani owned company said that it will give 300% more benefits. The carrier added that it will take all necessary
Vodafone Idea Announces New Prepaid Plans, To Be Available From December 3
Vodafone Idea on Sunday announced new prepaid tariffs for its prepaid products and services.
Vodafone Idea had stated that it would increase its tariff from December 1. The announcement has come on the backdrop of its highest quarterly loss of Rs 50,922 crore amid an adverse Supreme Court ruling on adjusted gross reve nue
