Delhi govt may introduce new tax reforms, enforcement measures: Sisodia

The may introduce new and enforcement measures in the near future, Deputy Chief Minister said on Wednesday after signing of an MoU with the Centre for Effective Governance of Indian States (CEGIS) for a study on measures to augment state revenue.

The study aims to help improve governance and public service delivery in Delhi while making tax compliance easy, Sisodia, who is also the finance minister, said.

“It is an important step in the Delhi government’s resolve to bring in We have tied up with CEGIS, who will provide us with high-end analysis to move forward. They will provide us with comprehensive data analysis related to GST, vehicle tax, stamp duty, excise duty, along with comparative state analysis for benchmarking to further improve our tax revenue capacity,” he said.

The MoU was signed between CEGIS and the Planning department of the in the presence of Sisodia and Jasmine Shah, vice chairperson of the Dialogue and Development Commission.

Shah said the partnership with CEGIS will allow the to tap into a wide range of experts and

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Pfizer ends vaccine trial with 95% success rate, to apply for approval soon

Final results from Pfizer’s Covid-19 vaccine trial showed its shot had a 95 per cent success rate and two months of safety data, paving the way for the drugmaker to apply for an emergency US authorisation within days, it said on Wednesday. said it expected the US FDA vaccine advisory committee to review and discuss the data in a public meeting that will likely be held in December.

The efficacy rate of the vaccine, developed by and its German partner BioNTech, is the highest of any candidate in late-stage clinical trials so far. Global shares edged higher on Wednesday as Pfizer’s trial results more than offset concerns around the stubbornly high global infection rate. shares rose 2.9 per cent when US markets opened while BioNTech jumped 4 per cent.

Pfizer has said it is exploring possibilities to make the Covid-19 vaccine available in India. “The firm remains committed to engaging with the government of India to advance its dialogue and explore opportunities to make the vaccine available for use in India,” it said.

Pfizer and BioNTech said they plan to submit the data to other regulatory

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Google To Integrate Bank Accounts In Payments App

A Google bank account?

The internet giant said Wednesday it would be partnering with commercial banks and credit unions starting next year to allow users to manage mobile-based accounts through the Google Pay platform, in the latest move by tech giants into consumer finance.

“People do almost everything on their phones today, but for many, the way they save, pay and engage with their bank has remained unchanged,” said Caesar Sengupta, vice president of Google Payments.

“That’s why we’re working with trusted financial institutions to create Plex, a new mobile-first bank account integrated into Google Pay.”

Google will be letting US consumers manage checking and savings accounts directly from the Google Pay mobile app in a further push into consumer finance
 AFP / Johannes EISELE

The Plex Accounts for US consumers will be offered with no monthly fees, overdraft charges or minimum balance requirements, according to Google, which said 11 banks and credit unions were participating.

Google at the same time said it was updating its Google Pay app to help users better organize payments to people and businesses.

“Instead of showing a stack of cards or a long list of transactions, the new Google Pay app focuses on the

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