Business
Shashi Shanker Takes Over as ONGC Chairman
Shashi Shanker replaces Dinesh K Sarraf, who superannuated from service on Saturday.
Rupee Tumbles 16 Paise Against US Dollar, Hits 65.88
The US Fed's policy decision and commentary led to foreign investors heading to the exit door in Mumbai.
What is Car Insurance Policy and Factors that Determine its Premium
The coverage of the policy i.e. the damage it covers and the amount that is paid in case of damage is mentioned in the terms and conditions of the policy.
Rupee Moves up 10 Paise Against US Dollar
Fresh selling of the US dollar by banks and exporters brought some life back in the local currency.
Arun Jaitley Assures 'Appropriate Action' to Revive Economy
"From Day one, this is a proactive Government. We are analysing the economic indicators and appropriate action will be taken at right time."
Tax Evasion Through Stocks: Sebi Revokes Ban on 114 Entities
This comes after Sebi, earlier this month, had revoked ban on a total of 307 entities in the First Financial case as well as in the matter of dealing in shares of Eco-Friendly Food Processing Park, Esteem Bio Organic Food Processing, Channel Nine Entertai...
Rupee Softens by 2 Paise to 64.14 Against US Dollar
The rupee moved in a range of 64.11 a dollar to 64.14 a dollar in morning trade.
Finance Ministry to Initiate Budget Exercise Next Week
Even though independent India's biggest tax reform of GST was implemented from July 1, the Budget for 2017-18 (April- March), had followed the practice of tax revenue projections under the heads of customs duty, central excise and service tax alongside di...
I-T Dept to Appoint 7,600 More Experts to Assist Small Taxpayers in Filing Returns
A senior official working on the project said the aim was to ensure hassle-free and 'from home' tax filing service to assessees without they taking pains to go to a Chartered Accountant or a person who has expertise in filing tax returns.
GST on 30 Daily-Use Items Reduced; Cess on Luxury Cars, SUVs Hiked
Finance Minister Arun Jaitley said overall Goods and Sevices Tax (GST) collection was robust with over 70 per cent of eligible taxpayers filing returns of about Rs 95,000 crore.
All You Need to Know About GST on Residential Properties
In the field of residential real estate, the service tax was 4.5% but after the introduction of GST, the tax will be levied at the rate of 12% with no other hidden and cascading taxes.
Government Allows Import of 3 Lakh Tonne Sugar at 25% Duty
Food and Consumer Affairs Minister Ram Vilas Paswan said the import of 3 lakh tonnes of raw sugar was allowed to increase domestic availability and maintain retail prices at reasonable level.
Sensex Tanks 223 Points on North Korea Jitters
The rupee depreciating by 12 paise to 64.24 against the dollar in early trade had a bearing on market sentiment.
It May Take ATMs Three Months to Dispense Rs 200 Notes
ATM manufacturing companies said that they have not received any directive from the RBI regarding the recalibration of ATMs for the new Rs 200 note.
De-stocking by Industry Caused Drop in Growth in Q1: Jaitley
India's economic growth rate in the first quarter of the current fiscal ended June fell to 5.7 percent, as compared with 7.9 percent in the same period a year ago, official data showed on Thursday.
IMG Wraps up Report on Telecom Woes; Relief on Deferred Spectrum Payment Likely
One of the key proposals being put forth by the IMG seems to be extension of the time for deferred spectrum payment. There are indications that telcos could be given 16 years (plus 2 year moratorium) instead of 10 years for such payments.
