Business

November 3, 2016 1:20 PM

GST Council to discuss tax rates, dual control today

The Goods and Services Tax (GST) Council is holding a meeting in New Delhi to decide on tax rate, including the levy of cess and sort out the vexed issue of jurisdiction over assessees. The two-day meet is being chaired by Finance Minister Arun Jaitley. During the meeting, the Centre is likely to pr...

November 3, 2016 7:32 AM

Pay I-T dues in advance to avoid last minute rush: RBI

Reserve Bank of India has authorized 29 agency banks to accept payments of Income Tax dues. In a press release, the RBI has appealed to tax payers to remit their income tax sufficiently in advance of the due date. In order to minimize the hassle, tax payers can also use alternate channels like selec...

November 2, 2016 1:35 PM

IRS officer Sushil Chandra to take over as CBDT chairman

Senior Indian Revenue Service officer, Sushil Chandra will take over as chairman of the Central Board of Direct Taxes (CBDT). Chandra, a 1980-batch officer of Indian Revenue Service, is at present working in the board as Member (Investigation).The Appointments Committee of the Cabinet headed by the ...

November 2, 2016 12:45 PM

India's gross-value added growth to hit 7.6% this yr: DBS

India's gross value added growth is expected to reach 7.6 per cent this year from 7.2 per cent last year. While private sector activity remains subdued, high frequency fiscal numbers point to sustained support from public capex spending, a report by global financial services major, DBS said...

November 2, 2016 8:57 AM

IRS officer Sushil Chandra to take over as CBDT chairman

Senior Indian Revenue Service officer, Sushil Chandra will take over as chairman of the Central Board of Direct Taxes (CBDT). Chandra, a 1980-batch officer of Indian Revenue Service, is at present working in the board as Member (Investigation).The Appointments Committee of the Cabinet headed by the ...

November 1, 2016 8:27 AM

AP, Telangana top Ease of Doing Business list

Andhra Pradesh and Telangana have topped the list in the Ease of Doing Business rankings. Commerce and Industry Minister Nirmala Sitharaman released the report on State-wise Ease of Doing Business rankings in New Delhi.The rankings are on the basis of 340-point business reform action plan and their ...

November 1, 2016 8:20 AM

Delhi-Mumbai corridors LDB container visibility tops 1 mn

Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) has said that its initiative Logistics Data Bank (LDB) has crossed the one million mark of export-import containers tracked real time at the Jawaharlal Nehru Port Trust (JNPT) in Mumbai. In a statement, the corporation said that conta...

November 1, 2016 8:20 AM

IRS officer Sushil Chandra to take over as CBDT chairman

Senior Indian Revenue Service officer, Sushil Chandra will take over as chairman of the Central Board of Direct Taxes (CBDT) today. Chandra, a 1980-batch officer of Indian Revenue Service, is at present working in the board as Member (Investigation).The Appointments Committee of the Cabinet headed b...

November 1, 2016 8:06 AM

Banks to report frauds of Rs one crore and above to CVC<br/>

Central Vigilance Commission (CVC) has asked the Banks to report to it any suspected fraud cases of one crore rupees and above. Vigilance Commissioner TM Bhasin said in New Delhi that CVC has now made it mandatory for the public sector banks to share their reports relating to all loan frauds involvi...

October 31, 2016 2:05 PM

AP, Telangana top Ease of Doing Business list

Andhra Pradesh and Telangana have topped the list in the Ease of Doing Business rankings. Commerce and Industry Minister Nirmala Sitharaman today released the report on State-wise Ease of Doing Business rankings in New Delhi.The rankings are on the basis of 340-point business reform action plan and ...

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