Avail benefit of extension of deadline for ITR-V filing: CBDT

The Central Board of Direct Taxes has extended the time-limit for filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12, for returns that have been e-filed with refund claims till 31st of next month. An official release said that taxpayers concerned are advised to take benefit of this...

Administered prices a cause for food inflation: Rajan

RBI Governor Raghuram Rajan has asserted that the central bank is committed to the strongest growth possible. Speaking at a function in Mumbai yesterday, Dr. Rajan said the best way for a central bank to generate growth is to bring down inflation.However, on the business community's demands...

Gulf Food Fair: Indian exporters get good response

Indian exporters in food and hospitality sector have received enthusiastic response at the ongoing Gulf Food 2014 in Dubai. More than 300 Indian companies are participating in the five day event at Dubai World trade Center. India pavilion is promoting rice - Basmati and non - Basmati, herbs, spices,...

Gulf Food Fair: Indian exporters in food & hospitality sector get good response

Indian exporters in food and hospitality sector have received enthusiastic response at the ongoing Gulf Food 2014 in Dubai. More than 300 Indian companies are participating in the five day event at Dubai World trade Center. India pavilion is promoting rice - Basmati and non - Basmati, herbs, spices,...

Air India joins fare war; offers discount on select routes

Days after budget carriers lowered ticket rates by up to 75 per cent to avail early summer season bookings, Air India joined the fare war today offering discounts on select routes.The national carrier announced up to 30 per cent discount on advance ticket purchases with an extended travel period on ...

Regret bankers violated US tax laws: Credit Suisse Chief

The boss of Swiss bank Credit Suisse has said he deeply regrets that some of its bankers violated US tax laws. But the Chief Executive of bank Brady Dougan said in a statement to a US Senate committee that there is only scattered evidence of improper conduct. A US Senate report alleged the bank had ...

CBDT asks taxpayers to avail benefit of extension of deadline for ITR-V filing

The Central Board of Direct Taxes has extended the time-limit for filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12, for returns that have been e-filed with refund claims till 31st of next month. An official release said that taxpayers concerned are advised to take benefit of this...

Administered prices a cause for food inflation; must end frequent hike in MSP: Rajan

RBI Governor Raghuram Rajan has asserted that the central bank is committed to the strongest growth possible. Speaking at a function in Mumbai yesterday, Dr. Rajan said the best way for a central bank to generate growth is to bring down inflation.However, on the business community's demands...

Compat stays penalty on Coal India

The Competition Appellate Tribunal, Compat has stayed the penalty of 1,773 crore rupees slapped on state-run Coal India Ltd, CIL by the Competition Commission of India for unfair trade practices. The stay will be subject to the CIL depositing 50 crore rupees in three weeks. The Compat will hear the ...

The Centre and the Asian Development Bank (ADB) have signed an agreement for 300 million dollar loan to help improve road connectivity along key corridors in Chhattisgarh. The agreement was signed by Joint Secretary in the Ministry of Finance, Nilaya Mitash and and Country Director, India Resident M...