Business

Google to invest Rs. 75,000 crore in India over next 5 to 7 years

July 13, 2020 7:09 PM

Google to invest Rs. 75,000 crore in India over next 5 to 7 years

Google CEO Sundar Pichai today announced an investment of Rs. 75 thousand crore in India over the next 5 to 7 years through Google for India Digitisation Fund.   Addressing Google for India event, Mr. Pichai asserted that the latest move is a reflection of the company's confidence in the fu...

Income Tax Dept. facilitates new functionality for banks and post offices

July 12, 2020 9:38 PM

Income Tax Dept. facilitates new functionality for banks and post offices

The Income Tax Department has facilitated a new functionality for Banks and Post offices through which they can ascertain the TDS applicability rates on cash withdrawals.  Under it, the Banks and Post Offices can ascertain the TDS applicability rates on cash withdrawals of above Rs 20 lakh in case o...

Requirement of re-import of cut and polished diamonds relaxed by 3 months

July 12, 2020 8:57 PM

Requirement of re-import of cut and polished diamonds relaxed by 3 months

Government today extended relief to the gems and jewellery sector by relaxing the requirement of re-import of cut and polished diamonds, which have been sent abroad for certification and grading, by three months.  The decision was taken in view of COVID-19 pandemic situation. Central Board of Indire...

NTPC's Singrauli Unit 1 emerges top-performing plant in Q1

July 11, 2020 4:57 PM

NTPC's Singrauli Unit 1 emerges top-performing plant in Q1

National Thermal Power Corporation, NTPC's Singrauli Unit 1 has emerged as the top-performing unit in the country in the first quarter of the financial year, as per the data released by Central Electricity Authority. NTPC, Singrauli is the oldest Unit and a flagship power station of NTPC Li...

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