Business

March 17, 2021 6:30 PM

I-T refunds of over Rs 2 lakh crore issued so far in FY21

The Income Tax Department today said it has issued over 2 lakh crore rupees worth refunds to more than 2.1 crore taxpayers so far this fiscal. Of this, personal income tax refunds of 73,607 crore rupees have been issued to over 2.06 crore taxpayers and corporate tax refunds of over 1.3 lakh crore ru...

March 17, 2021 4:40 PM

Ethanol blending in Petrol to be increased from existing 8.5% to 20% by 2025

Ethanol blending in Petrol will be increased from existing 8.5 per cent to 20 per cent by 2025. Union Petroleum Minister Dharmendra Pradhan today informed that the target year for achieving 20 per cent ethanol blending in petrol which was initially kept as 2030 has been further reduced by 5 more yea...

March 16, 2021 9:08 PM

Oil prices fall amid stockpiling concern

Oil prices today fell, extending declines for a third day amid concerns about rising stockpiles in the United States. A halt in Covid-19 vaccination in Germany and France also added worry among investors about oil demand recovery. Germany, France and Italy plan to suspend AstraZeneca COVID-19 inject...

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