Issuing additional frequently asked questions (FAQs) on the 'scheme for grant of ex-gratia payment of the difference between compound interest and simple interest', it said credit card dues outstanding as on February 29 would be considered for giving relief to the borrowers.
The conditions listed out by the CBDT for availing the tax exemption under the LTC cash voucher scheme require the employee to spend a sum equal to three times of the value of the deemed LTC fare.
Equity benchmark Sensex jumped over 200 points in early trade on Friday led by gains in index-heavyweights Reliance Industries, TCS and HCL Tech amid positive cues from US equities. The 30-share BSE index was trading 202.68 points or 0.51 per cent higher at 39,952.53.
The government on Thursday banned exports of onion seeds with immediate effect amidst rising prices of the bulb in the domestic markets.
The rupee declined further by 23 paise to close at a two-month low of 74.10 against the US currency on Thursday, tracking weak domestic equities and strong dollar amid global risk aversion.
The retail segment, which has been badly hit due to the lockdown restrictions, is bouncing back gradually with an uptick in hiring of 15 per cent in September when compared with the previous month, according to a report.
The government is likely to extend the deadline to bid for Air India till December 14 and also give flexibility to a potential investor to decide on the humongous debt with the national carrier, a source said.
Gold prices fell Rs 121 to Rs 50,630 per 10 gram in the national capital on Thursday, according to HDFC Securities.
Equity benchmark Sensex tumbled 173 points on Thursday, tracking losses in index majors HDFC twins, L&T and HUL as volatility persisted amid expiry of month derivatives contracts.
The report noted that jewellery demand improved from the Q2 record low, the combination of continued social restrictions, economic slowdown and a strong gold price continued to impact demand from jewellery buyers.
Hiring in India continues to recover at a 12 per cent year-on-year growth rate in August 2020, but competition for jobs is 30 per cent higher than last year, according to professional network LinkedIn's labour market data.
Dr Reddy's Laboratories Ltd on Thursday announced its partnership with Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology (DBT), for advisory support on clinical trials of Sputnik V vaccine in India.
As a system integrator, Tech Mahindra would implement Project Parivartanover a period of nine years at a cost of Rs 400 crore. "Tech Mahindra will transform the distributed application to a centralised application, for all the 20 divisions and R&D Centers of HAL based on a business transformation engineering process.
The moratorium was announced by the Reserve Bank of India in March as part of measures to mitigate economic hardships caused by the coronavirus-induced lockdown in the country.
The Income Tax department has issued refunds worth over Rs 1.26 lakh crore to over 39 lakh taxpayers this fiscal so far.
State Bank of India on Wednesday said it has signed an agreement with Japan Bank for International Cooperation (JBIC) for a loan worth USD 1 billion (around Rs 7,403 crore).
Drug firm Cipla on Wednesday announced the launch of antibody detection kits for COVID-19 in India under the brand name 'ELIFast' in partnership with KARWA Ltd, under the technology transfer from the Indian Council of Medical Research (ICMR).
Gold prices rose by Rs 188 to Rs 51,220 per 10 gram in the national capital on Wednesday amid rupee depreciation, according to HDFC Securities.
Equity benchmark Sensex plunged 600 points on Wednesday, tracking heavy losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a massive selloff in European markets.
In view of the upcoming festive season, the Haryana government has announced to give an advance amount for more than 2 lakh regular employees.
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