SMILE (Support for Marginalised Individuals for Livelihood and Enterprise) is an umbrella scheme being formulated by the Ministry of Social Justice and Empowerment.
The Goods and Services Tax (GST) Council, in its 46th meeting, decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per cent, which was to be implemented from January 1.
Organization of the Petroleum Exporting Countries (OPEC) has appointed Kuwaiti oil executive Haitham Al Ghais as its new secretary-general, as oil demand continues to improve amid a mild recovery from the coronavirus pandemic.