Skip to main content

Quick Overview on G20 - 2023 India

  The 2023 G20 summit was held in New Delhi, India, on September 9-10, 2023. The main venue was the Pragati Maidan, a large exhibition complex in central Delhi. The summit was also held at other venues in New Delhi, including the Hyderabad House, the Prime Minister's residence, and the India International Centre. The 2023 G20 summit was attended by the leaders of the 20 member countries of the G20, as well as the leaders of several invited countries, including Argentina, Indonesia, Senegal, South Africa, and Turkey. The summit was also attended by the heads of international organizations, such as the United Nations, the World Bank, and the International Monetary Fund. The G20 Delhi Declaration was the outcome document of the 2023 G20 summit. It was a 38-paragraph document that covered a wide range of issues, including: The global economy and finance: The declaration called for continued efforts to strengthen the global economy and financial system. It also emphasized the importance

Reliance Industries 43rd AGM Summary





Reliance Industries Limited chairman and managing director Mukesh D Ambani at the 43rd Annual General Meeting announced several new initiatives that Jio will be focusing on going ahead. An operating system for entry-level smartphones, homemade 5G network, Jio TV+, Jio Glass and more. Jio also announced that Google is investing Rs 33,737 crore in Jio Platforms Here is everything Reliance Jio announced.

Jio 5G, made in India 5G network, announced: To be made available ‘soon’

Mukesh Ambani-led Reliance Industries announced Jio 5G network services. Calling this a 'Made in India’ 5G solution, Ambani said this service will be ready as soon as the 5G spectrum is available in India and can be ready for field deployment next year. Further, he assured that the upgrade from 4G to 5G will be easy.


Google picks up 7.73% equity stake in Jio Platforms

Google has made an investment of Rs 33,737 crore in Jio Platforms that translates into a 7.73% equity stake. With this, the total investment from financial and strategic investors into Jio Platforms becomes Rs 1,52,056 crore.


An Android-based operating system for entry-level smartphones

Reliance Jio has partnered with Google to introduce an Android-based operating system for affordable smartphones. This Android OS will be optimised to work for phones with entry-level hardware and even the Play Store will be optimised to work accordingly.


Jio and Google will make an entry-level affordable smartphone

Jio Platforms and Google have also entered into a commercial agreement to jointly develop an entry-level affordable smartphone with optimisations to the Android operating system and the Play Store.


Jio also announced its plan to make a ‘2G-mukt’ Bharat

With the focus on Android-based OS in partnership with Google, Jio made its intentions clear about getting faster networks on affordable smartphones. As Ambani put it, Reliance Jio wants to make a ‘2G mukt’ Bharat -- in India where all phones move away from slow 2G networks.


Jio TV+ for JioFber set-top-box users announced

JioFiber set-top-box users will now be able to watch content using its latest offering called JioTV+. It is a content aggregator that claims to offer TV channels, shows, and movies from various apps and services.


Reliance Jio announces Jio Glass for mixed reality services

Jio Glass weighs 75 grams and connects to the smartphone to browse the internet. It comes with a high-resolution display and a cable to attach it to the phone. On the audio front, the Jio Glass features a personalised audio system and supports all standard audio formats.


JioMeet along with JioGlass will be developed into an edu-tech platform

Reliance Jio showcased its plans to merge JioMeet video conferencing platform and JioGlass mixed reality glass to create a specialised edu-tech platform.



Jio Health Hub for doctors to offer video consultation announced

Jio Health Hub, a part of JioMeet’s expansion plans will be developed to help doctors offer video consultations.


JioMart to expand to more cities to offer kirana delivery through WhatsApp











Comments

Popular posts from this blog

Tax Deducted at Source (TDS) Rates for Assessment Year 2023-24

  Rates for tax deduction at source *   [For Assessment year 2023-24] Particulars TDS Rates (in %) 1. In the case of a person other than a company   1.1 where the person is resident in India-   Section 192 :  Payment of salary Normal Slab Rate Section 192A :  Payment of accumulated balance of provident fund which is taxable in the hands of an employee. 10 Section 193 :  Interest on securities   a) any debentures or securities for money issued by or on behalf of any local authority or a corporation established by a Central, State or Provincial Act; 10 b) any debentures issued by a company where such debentures are listed on a recognised stock exchange in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and any rules made thereunder; 10 c) any security of the Central or State Government; [i.e. 8% Savings (Taxable) Bonds, 2003 and 7.75% Saving (Taxable) Bonds, 2018] 10 d) interest on any other security 10 Section 194 :  Income by way of dividend 10 Section 194A

Form 3CEB FAQ's

  Question 1: What are the prerequisites for filing of Form 3CEB? Resolution: The following are the prerequisites for filing of Form 3CEB: • Taxpayer and CA are registered on the e-Filing portal with valid user ID and password • Status of PAN of taxpayer and CA is active • Taxpayer has assigned CA for form 3CEB • CA and Taxpayer have a valid and active Digital Signature Certificate. Question 2: What is the process to submit Form 3CEB? Resolution: Following are the steps to file form 3CEB: • Step 1: Taxpayer needs to add Chartered Account to whom he/she wants to assign the form. Taxpayer may add CA by navigating through Authorised Partners → My Chartered Accountant → Add CA. Alternatively, taxpayer may navigate through e-File → Income Tax Forms → File Income Tax Forms → Form 3CEB. • Step 2: After successfully adding CA, taxpayer needs to assign Form 3CEB. Taxpayer is requested to navigate to e-File → Income Tax Forms → File Income Tax Forms and select Form 3CEB. Form can be assigned to

EPFO Speedy Settlement of Claims

The Employees’ Provident Funds Organization (EPFO) has taken various steps for speedy settlement of claims which inter alia include: v   Composite Claim Form (Aadhaar) and Composite Claim Form (Non-Aadhaar) has been introduced by replacing the erstwhile Claim Forms No. 19, 10C and 31, with a view to simplify the submission of claims by the subscribers. The Composite Claim Form has been further simplified to include self-certification by EPF subscribers.  The Composite Claim Form (Aadhaar) can be submitted to the EPFO without attestation of their employers. v   EPFO has mandated to settle claims within 20 days.  v   Online Transfer Claim Portal (OTCP) has been introduced to facilitate seamless transfer of claims. v   An online payment facility has been developed for employers for payment of dues. The internet banking (INB) facility enhances efficiency and payment and ensures anytime, anywhere online access while usage of existing internet bank account to make pay