31 May 2016
Krishi Kalyan Cess of 0.5% from 1 June
Finance Ministry announced that Krishi Kalyan Cess (KKC) of 0.5% would be applicable to all taxable services including restaurant bills, telephone bills, airline tickets, etc. from 1 Jun'16.
India climbs global competitiveness ladder
India rose three ranks in the global competitiveness index from 44 in 2015 to 41 in 2016.
Pakistan files case against unnamed US officials
A case was registered against unnamed US officials who carried out the drone strikes to kill Afghan Taliban Chief–Mullah Akhtar Mansoor in Balochistan.
29 May 2016
Wanda's amusement park to take on Disney
Wanda Group inaugrated it's entertainment complex on 28 May.