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-
GST simplification: Govt ready to consider suggestions on tax filing
The new simplified return formats will be implemented from April 1, 2020. The taxpayers can upload their invoices while the system prepares a return for them under the new system -
FM Nirmala Sitharaman on reforms: Difficulty is not taking a call but in moving forward
For instance, if input costs are high, whether it’s electricity, whether you want to buy a piece of land to set up your whole thing, mutation, everything has got a long way to go in terms of becoming easy to do business. -
Nirmala Sitharaman holds meeting on GST simplification; similar meetings across country on December 7
The finance minister assured the stakeholders that their suggestions on simplification of GST filing will be implemented soon. -
Mumbai: EOW arrests former PMC Bank director
A former director of PMC Bank was arrested by the Economic Offence Wing (EOW) of the Mumbai Police here on Saturday. The arrested director, identified as Rajneet Singh, is the son of former BJP MLA Tara Singh. Earlier on November 11, the EOW had arrested two auditors in connection with the multi-crore Punjab and Maharashtra Co-operative (PMC) Bank scam. -
GST Commissionerate busts fake invoices racket in Delhi
Till now, 15 buyer firms have already admitted their liability vide their voluntary statement and further deposited voluntarily about Rs 1.30 crore towards ITC wrongly availed, interest and penalty. -
Anil Ambani, four others resign from bankrupt Reliance Communications
The development follows Reliance Communications consolidated loss of Rs 30,142 crore for the second quarter released late on Friday after provisioning for statutory licence fee and spectrum usage dues as compared to a profit of Rs 1,141 crore in Q2 FY19. -
Anil Ambani, four others resign from Reliance Communications
The development follows Reliance Communications consolidated loss of Rs 30,142 crore for the second quarter released late on Friday after provisioning for statutory licence fee and spectrum usage dues as compared to a profit of Rs 1,141 crore in Q2 FY19. -
RCEP pull-out: What India should do in trade negotiation going forward
Since India rejected RCEP (Regional Comprehensive Economic Partnership) with ASEAN and six other countries, most commentators have focused on reasons for exit. -
Govt working on policy to push MSME exports: Gadkari
While addressing the gathering at Small Micro Enterprise (SME) conference at Nagpur, Gadkari mentioned that the MSME sector has 29 per cent contribution in country's growth and 48 per cent of export is done through MSMEs. Similarly, about 10-11 crore jobs have been created in MSMEs. -
'Govt working on policy to push MSME exports'
While addressing the gathering at Small Micro Enterprise (SME) conference at Nagpur, Gadkari mentioned that the MSME sector has 29 per cent contribution in country's growth and 48 per cent of export is done through MSMEs. Similarly, about 10-11 crore jobs have been created in MSMEs. -
Government working on policy to push MSME exports: Nitin Gadkari
While addressing the gathering at Small Micro Enterprise (SME) conference at Nagpur, Gadkari mentioned that the MSME sector has 29 per cent contribution in country's growth and 48 per cent of export is done through MSMEs. Similarly, about 10-11 crore jobs have been created in MSMEs. -
Anil Ambani resigns as director of RCom
Anil Ambani has resigned as director of Reliance Communications (RCom), the debt-ridden company said in a filing on Saturday.According to the filing, Ambani along with Chhaya Virani, Ryna Karani, Manjari Kacker, Suresh Rangachar have resigned as directors of RCom. -
NCAER projects Q2 GDP growth to decline to 4.9%
Going forward, NCAER said the monetary policy measures are unlikely to revive growth at this juncture and suggested providing fiscal stimulus, which too can be challenging unless it can be financed through better revenue generation. -
DGCA suspends 2 IndiGo pilots for runway incursion
Flying licences of two IndiGo pilots was on Friday suspended for three months for a runway incursion at Chennai airport while operating a flight to Ahmedabad on July 14, 2019. While air traffic control had asked pilots of this flight, 6E-244, to hold the Airbus A320 at runway holding point, they crossed the same leading to the runway incursion. -
FM Nirmala Sitharaman on slowdown: Too early to say if economy has hit bottom
India’s Finance Minister Nirmala Sitharaman said it was too early to say if the slowdown in the economy had bottomed out. -
US-China deal could be signed by ministers: White House
Since October, differences between Washington and Beijing over whether, when and by how much to reduce tariffs on each other's goods have since spilled out into the open. -
CBIC refutes reports it demanded GST on salaries paid to CEOs
Experts said that under GST, salaries paid to executives by the head office is considered to have been paid by all the branch offices of the organisation situated in different states in lieu of services. -
Govt to provide higher deposit cover: FM
Finance minister Nirmala Sitharaman on Friday said the Centre is set to raise the insurance cover for bank deposits beyond the current level of Rs 1 lakh, while amending the law to improve RBI’s oversight on multi-state cooperative banks. -
India health story is glass half full: Bill Gates
"Technology has helped improve the human condition. Our lifespan is better than 200 years ago — electricity, transport, better seeds, vaccines for things like measles, and other childhood diseases. Overall, I am a believer that most technologies can be shaped to have more benefits than negatives," said Bill Gates in an interview to TOI. -
Financial cos brought under ambit of insolvency code
The rules shall apply to FSPs or categories of FSPs, to be notified by the central government under section 227 from time-to-time in consultation with appropriate regulators, for purpose of their insolvency and liquidation proceedings. -
Govt puts on hold 2017-18 consumer spending report
The government has decided not to release the 2017-18 consumer expenditure survey due to data quality issues after a news report said the survey had shown that consumer spending in rural areas had slumped the most in four decades, triggering a political storm.
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