The Central Association of Private Security Industry (CAPSI) has written to Prime Minister Narendra Modi, saying private security services should be exempted from paying service tax.
Apple's iPhone contract manufacturer is eyeing India for re-location of its production lines from China, a move that may generate more than 55,000 jobs in the country and boost Make in India initiative.
In a bid to further deepen financial inclusion in the country, the NITI Aayog has suggested the creation of a Dak Bank -- postal bank -- by merging the regional rural banks, among other recommendations to the government.
Bank Holidays in August 2020: The Reserve Bank of India (RBI) has released a list of days when the banking operations across the country will remain shut in the month of August. However, certain holidays vary from state to state. The holiday list includes Sundays and 2nd and 4th Saturdays.
The country's GST collections declined to Rs 87,422 crore in July from Rs 90,917 crore in the previous month, a finance ministry statement said on Saturday. The July collections, however, are higher than Rs 62,009 crore goods and services tax (GST) mopped up in May and Rs 32,294 crore in April.
As part of the 'Aatmanirbhar Bharat Abhiyan' package, the finance minister in May had announced that there will be a maximum of four public sector companies in strategic sectors, and state-owned firms in other segments will eventually be privatised.
If one invests in gold via sovereign bonds or gold ETFs, then they must know that these bonds are issued periodically, and their value increases exactly with gold. They also provide an extra interest of 2.5% per year.
Power consumption in June had declined 10.93 per cent to 105.08 BU, as compared to 117.98 BU a year ago. Similarly, power consumption in the country was down by 14.86 per cent in May and 23.21 per cent April this year.
The country's largest carmaker Maruti Suzuki India (MSI) on Saturday reported a 1.1 per cent decline in total sales at 1,08,064 units in July. The company had sold 1,09,264 units in July last year, Maruti Suzuki India (MSI) said in a statement.
Leading handset makers like Samsung and iPhone producer Apple's contract manufacturers have submitted proposals to avail benefits under the government's Rs 50,000 crore production linked incentive scheme for boosting electronics manufacturing, sources said.
Facebook CEO Mark Zuckerberg has said his company's deal with Reliance Jio will bring millions of small businesses on WhatsApp to do commerce.
Sajjan Jindal-backed JSW Energy on Friday said it has terminated its Rs 5,321 crore deal to acquire GMR Kamalanga Energy due to COVID-19 related uncertainties.
Rates were hiked by a record 56.6 per cent (Rs 12,126.75 per kl) on June 1, followed by Rs 5,494.5 per kl (16.3 per cent) increase on June 16. Price was hiked by Rs 2,922.94 per kl or 7.48 per cent on July 1.
As part of the measures, a total of 4,500 to 5,000 positions in the entire KLM Group, part of Franco-Dutch airline Air France-KLM, will cease to exist. This means that the workforce will be reduced to around 28,000 full-time equivalents (FTEs) in the course of 2021 from the current 33,000 FTEs.
The COVAX Advance Market Commitment (AMC) forms part of the COVAX Facility, a mechanism hosted by Gavi, the Vaccine Alliance, designed to guarantee rapid, fair and equitable access to COVID-19 vaccines for every country in the world.
The Reserve Bank is likely to cut rates by 0.25 per cent at next week's policy review even though inflation remains on the higher side, domestic ratings agency Crisil said on Friday.
As of July 23, 2020, the total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme by public sector banks and private banks stands at Rs 1,30,491.79 crore, of which Rs 82,065.01 crore has already been disbursed.
Reliance Industries Chairman Mukesh Ambani on Friday called for urgent policy measures to move away from 2G service, which started 25 years ago, and make it a "part of history".
The Central Board of Direct Taxes(CBDT) has again extended the deadline for filing of Income Tax Return FY 2018-2019.This no doubt has given some relaxation for taxpayers to file ITR. However, at times it may happen that we make a mistake while filing our ITR at the last minute. Here are common mistakes you should avoid while filing for your Income Tax Returns.
Tech giants Facebook and Google - which have invested in Mukesh Ambani's Jio Platforms - are keen on leveraging the partnership to cash in on the fast growing business opportunity in India and expand the learnings to other countries as well.
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