Union Finance Minister Nirmala Sitharaman on Thursday announced income tax relaxations to allow sale of primary residential units of up to Rs 2 crore value below the circle rate. So far, only 10 per cent difference between the circle rate and the agreement value was allowed.
Moody's Investors Service on Thursday revised upwards its GDP forecasts for India to (-) 8.9 per cent contraction in the 2020 calendar year, as the economy reflates after a long and strict nationwide lockdown but said the recovery is patchy.
The Indian economy is witnessing a strong recovery after a long and strict lockdown, Finance Minister Nirmala Sitharaman on Thursday said.
Union Finance Minister Nirmala Sitharaman on Thursday rolled out Atmanirbhar Bharat 3.0 stimulus package to boost economy. The minister announced benefits for new employees hired in EPFO-registered establishments effective October 1, 2020, onward.
Low-cost airline AirAsia India on Wednesday announced expansion of its network with launch of daily flight services on Goa-Hyderabad route from November 18.
The Centre on Wednesday allowed domestic airlines to deploy up to 70 per cent of their flight capacity from an earlier 60 per cent, with immediate effect.
The Centre on Wednesday announced a scheme under which 50 per cent subsidy will be provided for air transportation of 41 notified fruits and vegetables from North East and Himalayan states to any place in the country.
Alliance Air has launched flight services between Kozhikode and Bengaluru as part of strengthening operations in the country. From November 13, Alliance Air would connect Kozhikode with Kalaburagi via Bengaluru by operating six times a week.
The Competition Commission of India (CCI) on Wednesday said it has approved internet major Google's proposed purchase of 7.73 per cent stake in Jio Platforms.
PM Modi on Wednesday inaugurated the state-of-the-art-office cum residential complex of Income Tax appellate Tribunal-ITAT in Cuttack, Odisha. Addressing the event via video conferencing, PM Modi said, "India among select nations which recognise taxpayers' rights and responsibilities; step towards creating trust in tax system."
Flipkart has opened its first grocery fulfilment centre in Lucknow on Wednesday. Spread across an area of nearly 50,000 square feet, the facility will support Flipkart's ability to deliver a wide selection of grocery products to consumers in the cities of Lucknow, Kanpur and Allahabad.
Gold prices witnessed a muted trend in the national capital on Wednesday, rising marginally by Rs 3 to Rs 50,114 per 10 gram amid choppy global prices, according to HDFC Securities.
Rallying for the eighth consecutive session, equity benchmark Sensex surged 316.02 points to close at a fresh lifetime high on Wednesday, tracking largely positive cues from global markets and strong foreign fund inflows.
BankBazaar.com on Wednesday said FY21 will be a year of growth for the fintech company despite challenges, and it plans to hire over 500 people over the next few months to support business expansion. Apart from the hiring effort, the company is also rolling out salary increments and promotions across all levels effective January 1, 2021.
With the COVID-19 pandemic triggering a need for organisations to make structural changes in their talent strategies that boosted contractual job opportunities, a recent survey has found that Bengaluru and Hyderabad are leading in maximum demand from contractors.
Amid the economic distress caused by the Covid-19 pandemic, gold has lived up to the expectations while delivering great returns along with safeguarding investors' portfolios, according to a report by Religare Broking.
Passenger vehicle wholesale in India increased by 14.19 per cent to 3,10,294 units in October against 2,71,737 units in the same month last year as companies despatched more units to dealers to cater to enhanced demand in the festive season, auto industry body SIAM said on Wednesday.
The government on October 12 announced the LTC cash voucher scheme under which employees can purchase any goods or services with a GST rate of 12 per cent or above to avail the benefit.
The financial inclusion story is not over and banks still have inclusion to carry forward. There are many accounts which are not linked with Aadhaar.
Equity benchmark Sensex rallied over 350 points to hit its record intra-day level on Wednesday, tracking largely positive cues from global markets and strong foreign fund inflow.
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