Another Rs 6,000 crore released to states to meet GST compensation shortfall
January 04, 2021 20:14 ISTThe Union Finance Ministry has released the 10th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.
The Union Finance Ministry has released the 10th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.
Domestic sales last month stood at 2,42,046 units as against 2,30,197 units in December 2019, a growth of 5 per cent
The National Capital Region Transport Corporation (NCRTC) has awarded a contract to a Chinese company, Shanghai Tunnel Engineering Company Limited, for the construction of a 5.6-kilometre underground stretch, from New Ashok Nagar to Sahibabad, of the Delhi-Meerut RRTS project.
The Income Tax department extended the income tax filing dates for the thrid time. Individuals who do not have to file tax audit reports and were to file their income tax returns for FY20 by 31 December got time till January 10.
Shares of BEML jumped nearly 8 per cent in early trade on Monday after the government invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in the defence PSU. The stock gained 7.77 per cent to Rs 1,050 at the BSE. On the NSE, it zoomed 7.74 per cent to Rs 1,051.
Reliance has moved a petition in Punjab and Haryana High Court seeking urgent intervention of government authorities to bring a complete stop to illegal acts of vandalism by miscreants.
In the previous session, Sensex rose by 117.65 points or 0.25 per cent to close at a fresh lifetime-high of 47,868.98, while Nifty closed at an all-time high of 14,018.50.
In a massive crackdown on GST evaders, the government has initiated action against 7,000 entities including the arrest of 187 -- a campaign that contributed to buoyancy in tax collection.
Independent cyber security researcher Rajshekhar Rajaharia claimed on Sunday that data of nearly 10 crore credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web.
The firm was evading the payment of Goods and Services Tax (GST) by manufacturing and clandestinely supplying gutkha/pan masala/tobacco products without any registration and payment of duty, it said.
On a weekly basis, the Sensex advanced 895.44 points or 1.90 per cent, while the Nifty climbed 269.25 points or 1.95 per cent.
Seven of the top-10 most valued domestic firms together added Rs 75,845.46 crore in market valuation in the past week, with HDFC twins emerging as the biggest gainers. Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance were other gainers
GST collections touched a record high of over Rs 1.15 lakh crore in December, reflecting festive demand and reflating economy.
With Covid-19 keeping many revellers indoors even on New Year's Eve, food delivery platforms seem to be having a hard time meeting the sudden spike in demand, with orders on Zomato alone going up to over 3,200 per minute on Thursday evening.
Amid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time.
The Indian Oil Corporation has left the price of non-subsidised LPG cylinders unchanged at existing levels on January 1. However, the commercial customers will have to shell out an additional Rs 17 per cylinder.
Key stock indices Sensex and Nifty opened the New Year on a positive note with investors betting on IT, auto and select banking and financial stocks.
Antony Waste shares: Antony Waste Handling Cell is a leading player in solid waste management services in the country.
IndiGo airlines on Thursday informed that some of their servers were subject to a hacking incident earlier this month. The airlines said they were able to restore our systems in a very short span of time with minimal impact.
The Reliance Industries Limited made an offering of Rs 1.01 crore at the famous hill shrine of Lord Venkateswara at Tirumala near here on the New Year eve on Thursday, an official said.
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