Business

August 5, 2022 6:12 PM

Crude oil prices rise around half a percent

Crude oil prices today rose around half a percent. In previous session, the crude prices hit their lowest levels since before Russia's military operation in Ukraine. Brent crude was trading near 93 dollars and 75 cents per barrel while WTI crude prices were at 88 dollars per barrel.

August 5, 2022 10:46 AM

No GST on 'Sarais' run by religious or charitable trusts: CBIC

Central Board of Indirect Taxes and Customs CBIC has said that certain sections of the media and social media are spreading the message that GST has recently been imposed with effect from 18 July 2022 even on 'Sarais' run by religious or charitable trusts which is not true. In a se...

August 1, 2022 9:10 PM

Over five crore 83 lakh income tax returns filed for FY22 till July 31

Over five crore 83 lakh Income Tax Returns, ITRs have been filed till 31st of July the last day. The Revenue Department said that a record of over 72 lakh 42 thousand ITRs were filed on a single day yesterday. The Department expressed gratitude to taxpayers and tax professionals for making complianc...

August 1, 2022 2:13 PM

GST revenue collection in July mounts to second highest ever figure

Over 1,48,995 crore rupees gross GST revenue has been collected in July 2022. Finance Ministry said, GST Revenue collection for July is second highest ever and 28 per cent higher than the revenues in the same month last year. CGST is 25 thousand 751 crore rupees, SGST is 32 thousand 807 crore rupees...

July 29, 2022 6:37 PM

Oil prices rise around two percent in intra-day trade

Oil prices today rose around two percent in intra-day trade. The crude prices gained amid supply concerns and a weaker U.S. dollar as attention turns to what OPEC and allies including Russia agree at a meeting next week marking the end of their 2020 output reduction pact. Brent crude was trading at ...

July 29, 2022 6:37 PM

Asian share markets tumble; South Korea's KOSPI gains 0.7 percent

Asian share markets today witnessed losses except for South Korea's KOSPI which gained 0.7 percent. Hong Kong's Hang Seng index tumbled 2.3 percent and China's Shanghai Composite index declined 0.9 percent. Singapore's Straits Times ended 0.3 percent down and Japa...

July 29, 2022 6:35 PM

Gold prices fall Rs 105 at Multi Commodity Exchange for August contracts

Gold prices today fell 105 rupees at Multi Commodity Exchange for August contracts. The precious metal was trading at 51,200 rupees per 10 gram. On the other hand, silver prices climbed 100 rupees to 57,720 rupees per kilogram for September Contracts when reports last came in. In the New York Mercan...

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