Stepping up its efforts to trace black money parked abroad, India has approached Switzerland seeking details of at least ten persons and entities to have misused Swiss banks’ famed high-secrecy walls to evade taxes. These
With India embracing applications of technologies at an accelerated pace, digital transactions will be done through mobile wallets and biometric modes and credit and debit cards as also ATMs were set to disappear, Niti Aayog CEO Amitabh Kant has said
The telecom entrant Reliance Jio has extended its prime membership to April 15. Earlier, the service was expected to end on March 31st. According to a press release by the company, over 72 million Jio
The panel headed by Finance Minister Arun Jaitley will meet again on May 18-19 in Srinagar to finalise the rates of different commodities and services as also to approve the remaining ones
The government today introduced a new, simplified income tax returns form which will be available for filing returns for the Assessment Year 2017-18 from Saturday. The government hopes the simplified process will make filing of
India’s largest telecom service provider Bharti Airtel’s latest promotional campaign declaring itself as the “Fastest Mobile Network” has come under the scanner of the advertisements watchdog.
Joining the tariff war with its latest offer, the state-run telecom service provider Mahanagar Telephone Nigam (MTNL) has decided to offer 2GB of 3G data per day and unlimited calling within its network for Rs
The Income Tax department has notified a new set of ITR or Income Tax Return forms which will be available for filing returns for the Assessment Year 2017-18 from Saturday. Currently, SAHAJ (ITR 1) is
National career Air India, for the time, will connect national capital New Delhi with Washington directly by a flight.
Finance Secretary Ashok Lavasa has termed the Aadhaar card scheme as “revolutionary” and said that it should not be undermined as it has brought efficiency in public spending and removed corruption.
The Reserve Bank of India (RBI) today said that all the payment systems will not be operated on 1 April. It is a change from its earlier directive asking banks to remain open on the
In a significant turn of events for a country known earlier for its crippling power situation and severe infrastructural woes, India has now become a net exporter of electricity for the first time during the
Car, motorcycle and health insurance will cost more from 1 April with regulator Insurance Regulatory and Development Authority (Irdai) giving go-ahead to insurers for revision in commission for agents. The change in premium after modification
In a bid to speed up defence indigenisation, the Indian state-owned aerospace and defence company Hindustan Aeronautics Limited (HAL) has finalised a major plan to manufacture nearly 1,000 military helicopters and over a hundred planes.
Sebi today banned Reliance Industries and 12 others from equity derivatives trading for one year and directed the Mukesh Ambani-led firm to disgorge nearly Rs 1,000 crore for "unlawful gains" made through alleged fraudulent trading
The UK has conveyed to India that its request for extradition of industrialist Vijay Mallya, who has been declared a proclaimed offender, has been certified by the secretary of state. "The UK Home department
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