Business
PNB Customers to Pay Higher Charges for Non-credit Services
Currently, the customers of Punjab National Bank (PNB) are levied charges only for depositing cash over Rs 25,000 at a non-base branch within the same city.
A Month into New Tax Regime, CAs Wear The Hat of GST Consultants
Many of the GST consultants News18 spoke to said people still didn’t know how their businesses would be impacted by Goods and Services Tax. Some were still dealing with problems regarding raising an invoice.
Rupee Loses 5 Paise Against Dollar to 64.12
On Tuesday, the rupee had racked up strong gains to end at a fresh two-and-a-half month high of 64.07 against the US currency, appreciating by 12 paise on heavy dollar selling amid expectations of a rate cut by the Reserve Bank.
Nifty Forges Ahead, Touches Fresh Peak at 10,043
The 50-share NSE Nifty surged 28.80 points, or 0.28 per cent, to scale a life high of 10,043.30, breaking its previous intra-day record 10,026.05 hit on July 28.
Businesses Get Time Till August 16 to Opt for GST Composition Scheme
Small businesses with turnover of up to Rs 75 lakh were earlier given time till July 21 to opt for the scheme in the Goods and Services Tax regime.
I-T Dept Detects Rs 19,000 cr Black Money in ICIJ, HSBC Cases
Finance Minister Arun Jaitley said investigations into information, put into public domain by the ICIJ, pertaining to about 700 Indian persons allegedly linked to offshore entities based in no tax or low tax jurisdiction, have led to detection of more tha...
Over 1.62 Lakh Companies Deregistered Till July 12, Says Arun Jaitley
While the term 'shell company' is not defined under the Companies Act, Corporate Affairs Minister Arun Jaitley told the Lok Sabha that many such entities have been found to be indulging in large scale tax violations.
RIL Q1 Profit up 28 Percent to Rs 9,079 Crore on Petchem, Refining
Reliance Industries to pick up 24.9 percent stake in Balaji Telefilms for Rs 413.28 crore, Jio launches rights issue of optionally convertible preference shares.
Opinion | 'Expect 100,000 to 200,000 Jobs to be Lost Every Year For The Next Three Years'
For the first time, across sectors – IT / BPO / Telecom/ Retail / BFSI / Autos etc etc , companies are laying off people in large numbers.
Rupee Slips 2 Paise Against US Dollar
On Tuesday, the rupee saw a marginal two paise rise inits value at 64.33 a dollar, which hit multi-month lows against rivals.
Sensex Surges 174 Points in Early Trade on Corporate Earnings
The 30-share index, which had retreated from record by plunging 363.79 points in the previous session, rebounded 174.18 points or 0.54 per cent to 31,885.17 with stocks of FMCG, healthcare, bank, IT, PSU and oil&gas rising by up to 1.13 per cent.
Wipro Board to Consider Share Buyback on July 20
With this, Wipro joins the growing roaster of Indian IT firms that have announced buyback offers to return surplus cash on their books to their shareholders.
G20 Praises India's Initiatives for Promoting Ease of Doing Business, Startup Funding
It further said India is facilitating external commercial borrowings (ECBs) by startups in order to encourage innovation and promote ease of doing business
SEBI Restricts Use of P-Note Derivatives
Markets regulator SEBI has put in place restrictions on foreign portfolio investors from issuing participatory notes where the underlying asset is a derivative, as the markets regulator continues to make norms stricter for such instruments.
Rupee Gains Six Paise, Global Dollar Weakness Helps
Foreign capital inflows and a higher opening in the domestic equity market took the local unit higher, dealers said
Revenue Secretary Hasmukh Adhia Busts Myths Pertaining to GST
It's been more than 24 hours since Prime Minister Narendra Modi rolled out the biggest tax reform in the history of independent India.