Economy

I-T Dept unearths undisclosed income, assets from two corporate groups

I-T Dept unearths undisclosed income, assets from two corporate groups Raids on Bharat Hotels Group in Delhi leads to detection of over ₹1,000 crore undisclosed foreign assets While the policy-making body

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Economy

GSTN working within limitations; tax consultants say several glitches

Some tax consultants complained they were faced several glitches on Monday including payments not being reflected in the taxpayers’ dashboard. After reports of technical glitch in filing GST returns (summary

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Economy

FM Sitharaman likely to raise stake sales target to ₹1.5 trillion

Stiffer target mostly because many divestments for FY20 have got delayed The strategic disinvestments that are now expected to be completed in the next fiscal include Air India, BPCL, Concor

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Economy

Government may include off-budget spending for a clearer picture

The Centre could include a host of off-budget spending and other government liabilities on its books to give a clearer picture of finances though this could raise the fiscal deficit

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Economy

Procedure for Import Export Code (IEC) Registration

An IEC is necessary for Import or Export of goods. The first requirement before you start an Import or Export business in India is to obtain an IEC Code is unique

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Economy

Looking To Invest In Post Office Kisan Vikas Patra Scheme? All You Need To Know

Kisan Vikas Patra Scheme: For the quarter ending December 31, the government retained the interest rates at existing levels in September 2019 for Kisan Vikas Patra Scheme. India Post currently

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Economy

NEFT RTGS transfer charges to be waived for savings account, RBI issues order

The RBI said that NEFT & RTGS transfer charges should waived off to push digital retail payments The new rules come into effect from 1 January 2020 RBI issues order

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Economy

India world’s most open, investment-friendly economy: PM Modi at BRICS Business Forum

Addressing the closing ceremony of the BRICS Business Forum, prime minister Modi said the grouping of five countries had led to economic development despite the global economic slowdown. India is

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Economy

Aadhaar card address mismatch? Banks will accept new address on self-declaration

:> Aadhaar address: The changes were made by amending the Prevention of Money-laundering (Maintenance of Records) Rules :>There was a long standing demand to ease address change rule Carrying out

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Economy

Opinion | A clash over banks

Sitharaman is not off the mark in pointing out the bad shape public-sector banks were in under the Congress-led government Finance Minister Nirmala Sitharaman has suggested that India’s state-run banks

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