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-
Govt to target docs, CAs to shore up tax kitty
Data released by the I-T department on Monday showed a massive gap between the salaried, whose taxes are deducted, and the non-salaried.The I-T department claimed a 68% rise in individual crorepatis. In the last four years, efforts to widen the tax base resulted in an 80% jump in number of returns filed to 6.9 crore. -
ZEE secures US patent for immersive entertainment technology for all five senses
The patented technology platform will bring alive home entertainment content for users across the world. -
Opinion | Do the stock markets care for economic growth?
One of the best indicators about the capriciousness of markets can be found in the recently introduced ranking of countries - the Human Capital Index. -
Do the stock markets care for economic growth?
One of the best indicators about the capriciousness of markets can be found in the recently introduced ranking of countries - the Human Capital Index. -
Now, foreigners need to declare criminal record before applying for Indian visa
Foreigners applying for a visa to travel to India will now have to fill up a questionnaire declaring if they have any criminal record and if they have been denied a visa in the past because of a pending case. The measure is to check entry of persons who may have been involved in child sexual abuse cases. -
'2-wheeler rates can go up by 10-15% after BS6'
While the official transition to BS6 happens from April 1 in 2020, companies plan to start migrating to the stricter emission norms earlier to prevent the build-up of heavy inventory of the outgoing BS4 products. In BS6, the higher retail price will “lead to a dip in sales” as buyers will prepone purchases to avoid paying more, Markus Braunsperger, Chief Technology Officer at Hero Moto, told TOI. -
Rupee skids 24 paise to close at 73.56 against US dollar
Brent crude, the international benchmark, again went past the $80-mark to quote $80.14 per barrel on October 22, putting pressure on the local unit. -
Editor#39;s Take | ILFS rights issue postponed, new management looks for fresh funding options
To find out more about ILFS, watch Editor’s Take with Moneycontrol Corporate Bureau Chief Prince Thomas. -
IL&FS board appoints 3 advisors to develop resolution plan
The board after it's first meeting had said it is required to give a roadmap for the company to NCLT by October 31. -
Net direct tax collection grows 15.7% to Rs 4.89-lakh crore: CBDT
This marks over 42 percent of the full-year direct tax collection target of Rs 11.5 lakh crore for the fiscal ending March 31, 2019. -
I-T dept launches major drive against Indians with illegal foreign assets; thousands under scanner
The department, in coordination with their foreign counterparts, is investigating offshore bank deposits and purchase of assets by "thousands of Indians", the officials added. -
Gold slips on weak global cues, muted demand
Silver also shed Rs 100 to Rs 39,500 per kg due to reduced offtake by industrial units and coin makers. -
RBI likely to stay on hold for rest of FY'19 : Report
In the policy review meet earlier this month, majority of RBI's six-member MPC favoured to keep the key repo rate unchanged. -
Housing sales up 24%; new supply down 35% in 9 cities in Jul-Sep: PropTiger
As per the data, Noida saw the maximum rise in sales by 59 percent to 6,652 units. -
AirAsia announces 20% discount on fares for HDFC users
HDFC bank users can grab this special deal and book their flights from October 22 to October 28. -
I-T dept launches major drive against Indians with illegal foreign assets
The I-T Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians. The taxman, armed with vital transaction details of overseas transactions from the financial intelligence unit (FIU) and other sources, are working on such cases across the country and this was part of a major "concerted" action against black money. -
Net direct tax collection grows 15.7% to Rs 4.89-lakh cr, says CBDT
The Central Board of Direct Taxes (CBDT) is the policy-making body for the Income Tax Department (ITD). -
India is world#39;s second-most underinsured country: Survey
India, Bangladesh, Vietnam, Philippines and Indonesia are the most exposed countries to natural disasters -
Panel suggests UN model law for insolvency cases
The Insolvency Law Committee (ILC), chaired by corporate affairs secretary Injeti Srinivas, on Monday submitted its report on the matter to corporate affairs minister Arun Jaitley. -
'Net direct tax collection grows 15.7% to Rs 4.89L cr'
The net direct tax collection in the country grew by 15.7 per cent on year-on-year basis to reach Rs 4.89 lakh crore in the current fiscal till third week of October. The CBDT also said the income tax department issued about Rs 2 crore refunds for an amount of about Rs 1.09 lakh crore, till last week. -
Maruti leads PV segment in September; seven models in top ten list
Rival Hyundai Motor India also made its presence felt with three of its models featuring in the list. -
Honda all new Amaze crosses 50,000 sales milestone in 5 months
The company launched the all new version of Amaze in May this year. -
Industrial policy may leverage blockchain tech to digitise land records for easy loans to MSMEs
Use of blockchain technology to digitise land records would enhance ease of asset-based lending to micro, small and medium enterprises (MSMEs), the official said. -
Markets give up opening gains; Sensex falls over 180 points
The BSE Sensex fell 181.25 points or 0.53 percent to end at 34,134.38. -
Sensex ends 181 points down; Nifty below 10,250
Both the indices lost more the 0.5 per cent each. On BSE, IndusInd Bank, Reliance Industries, Asian Paints, Kotak Mahindra Bank, Yes Bank were among the major loser with their stocks declining as much as 6.95 per cent. -
Number of crorepatis has risen by 60 per cent in India, says CBDT
Releasing key statistics of income tax and direct taxes for a period of about four years, the policy-making body of the IT department said the number of individual taxpayers earning over Rs 1 crore annually had seen a growth of about 68 per cent. -
Teach your children how money works
When it comes to children and personal finance, there are
two distinct issues that parents face, or should face. One is the obvious one,
which is to save for a child’s future needs. Most of the parents teach children
nothing about money. Not only do they not know about earnings, savings and
investments but they literally have no idea about the flow of money in society. -
Andhra Pradesh govt to raise Rs 1,000 cr through securities
The securities will be sold on October 23 through an auction by the Reserve Bank of India. Bids will have to be submitted to the RBI core banking solution system by tomorrow. -
Number of 'crorepatis' has risen by 60% in last 4 years: CBDT
Releasing key statistics of income tax and direct taxes for a period of about four years, the policy-making body of the IT department said the number of individual taxpayers earning over Rs 1 crore annually had seen a growth of about 68 per cent. -
India's 'crorepati' count up at 81,000: CBDT
Releasing key statistics of income tax and direct taxes for a period of about four years, the policy-making body of the IT department said the number of individual taxpayers earning over Rs 1 crore annually had seen a growth of about 68 per cent. -
Number of crorepatis has risen by 60% in India: CBDT
Releasing key statistics of income tax and direct taxes for a period of about four years, the policy-making body of the IT department said the number of individual taxpayers earning over Rs 1 crore annually had seen a growth of about 68 percent. -
RBI likely to stay on hold for rest of FY’19, says report
According to the report by Kotak Economic Research, the focus of the Monetary Policy Committee (MPC) remains purely on inflation print, which is expected to remain benign ( 3-4.4 per cent) in the second half of 2018-19. -
'RBI likely to stay on hold for rest of FY19'
According to the report by Kotak Economic Research, the focus of the Monetary Policy Committee (MPC) remains purely on inflation print, which is expected to remain benign ( 3-4.4 per cent) in the second half of 2018-19. -
GoAir offers lowest fares for domestic flights starting at Rs 999: Details here
The non-refundable and non-transferable fare will be available be given on first come, first serve basis. -
World class food testing lab to be set up in Goa: Suresh Prabhu
"Last week it was pointed out to us by state Health Minister (Vishwajit Rane) that there are certain apprehensions in the mind of people about the quality of fish," Prabhu told reporters at Porvorim. -
Chief Statistician punctures government’s claims, says EPFO data about formalisation, not job creation
Even though central government attributes a sharp rise in the Employees' Provident Fund Organisation (EPFO) payroll over the past year as evidence to huge employment creation, Chief Statistician of India Pravin Srivastava says otherwise. -
RBI likely to stay on hold for rest of FY#39;19: Report
According to the report by Kotak Economic Research, the focus of the Monetary Policy Committee (MPC) remains purely on inflation print, which is expected to remain benign ( 3-4.4 percent) in the second half of 2018-19. -
Don't fall into a debt trap by borrowing more
It is not uncommon to find young couples borrowing to meet their needs. Many also live in complete denial. An overdue credit card is a killer debt. Not only does the amount due increase at usurious rates of interest, but the repayment gets tougher as the loan gets bigger. -
Ayushman Bharat off to flying start; 1 lakh beneficiaries join Modi’s insurance scheme in just 1 month
Within a month of its launch, Narendra Modi government’s flagship scheme Ayushman Bharat-Pradhan Mantri Jan Aarogya Yojna (AB-PMJAY) has crossed one-lakh beneficiary mark. -
Hero Destiny 125-cc scooter launched at starting price of Rs 54,650
It will compete with the likes of Suzuki Access 125, Honda Activa and Grazia, and TVS NTorq. -
ILFS rights issue likely to be postponed to 2019
ILFS board was taken over by six new members appointed by the government on October 1 -
ILamp;FS rights issue likely to be postponed to 2019
ILamp;FS board was taken over by six new members appointed by the government on October 1 -
Brent oil rises back above $80 as Iran sanctions loom
OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports. -
Petrol, diesel rates fall for fifth straight day
This is the fifth straight reduction in the fuel rates after the prices zoomed to record highs amid rise in global crude oil cost. Petrol prices were cut by 30 paise while the diesel rates were reduced by 27 paise. -
Petrol, diesel prices continue to decline for fifth straight day
This is the fifth straight reduction in the fuel rates after the prices zoomed to record highs amid rise in global crude oil cost. Petrol prices were cut by 30 paise while the diesel rates were reduced by 27 paise. -
Uber to appeal Singapore’s competition watchdog decision on Grab deal
Uber said it was making the appeal independently of Grab, as a matter of principle. -
JSW Steel may raise funds via rights issue
Sajjan Jindal-led JSW Steel has said it will consider raising additional long-term resources, including issuance of equity shares or other securities, through a rights issue at its board meet next week. -
Donald Trump’s European Union trade talks turn contentious, here’s why
The Trump administration in June hit the EU with steel and aluminum tariffs, prompting rapid retaliation from Brussels against iconic American products like bourbon whiskey and Harley-Davidson motorcycles. -
Zimbabwe to clear dues: Pay $2 billion to World Bank, AfDB by October 2019
Zimbabwe will clear almost $2 billion of arrears with the African Development Bank and the World Bank by October 2019 and seek help from the world’s most-industrialized nations known as the Group of Seven, Finance Minister Mthuli Ncube said. -
Govt to let sectoral regulators decide what constitutes critical data: Report
In case a sector does not have a well-defined regulator, the concerned ministry or the IT ministry will define what critical data is after consultations with stakeholders
27 Oct 201826 Oct 201825 Oct 201824 Oct 201823 Oct 201821 Oct 201820 Oct 201819 Oct 201818 Oct 201817 Oct 2018
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