Business

October 2, 2015 4:52 PM

Tax dept to take action against black money holders: Revenue secy

Revenue Secretary Hasmukh Adhia, said the tax department will initiate action against those who have not disclosed their black money and assets stashed abroad as the compliance window has closed. Talking to reporters in New Delhi, Mr Adhia said the window was the last opportunity for people to come ...

October 2, 2015 4:51 PM

CNG price cut by 80 paise/kg, PNG 70 paise/unit in Delhi

Indraprastha Gas Limited, IGL has reduced the price of Compressed Natural Gas,CNG by 80 paise per kilogram in Delhi and 90 paise in Noida, Greater Noida and Ghaziabad. The new rates will come into effect from midnight tonight. With this now the consumer will have to pay 37 rupees 20 paise per kilogr...

October 1, 2015 9:44 PM

Govt extends deadline for e-filing income tax returns to Oct 31

The government has extended the due date for e-filing income tax returns till October 31. Earlier the the last date for filing the returns was 30th September. This was informed by the CBDT Chaiperson Anita Kapur while talking to All India Radio. She said the audit reports which was also to be filed ...

October 1, 2015 8:50 PM

CNG price cut by 80 paise/kg, PNG 70 paise/unit in Delhi

Indraprastha Gas Limited, IGL has reduced the price of Compressed Natural Gas,CNG by 80 paise per kilogram in Delhi and 90 paise in Noida, Greater Noida and Ghaziabad. The new rates will come into effect from midnight tonight. With this now the consumer will have to pay 37 rupees 20 paise per kilogr...

October 1, 2015 8:16 PM

ATF price up 5.5%, non-subsidised LPG cut by Rs 42

Aviation Turbine Fuel, ATF or jet fuel price was today hiked by 5.5 per cent on global trends while rates of non-subsidised cooking gas LPG were cut by 42 rupees per cylinder. Besides, the rate of non-subsidised kerosene oil was also increased by 54 paise to 43 rupees 18 paise per litre.According to...

October 1, 2015 7:33 PM

Kharif sowing crosses 1031 lakh hectares mark

Kharif sown area is 13 lakh 50 thousand hectares higher in this season so far. An official release issued by Agriculture Ministry showed that the kharif sown area has reached to around 1031 lakh hectares as compared to 1017 lakh hectares last year.According to data, the rice has been sown in around ...

October 1, 2015 7:07 PM

WTO lowers 2015 global trade growth forecast to 2.8%

The World Trade Organization, WTO, lowers 2015 global trade forecast to 2.8 percent. WTO, has revised its forecast for global trade growth in 2015 in the face of a slowdown in the economies of emerging countries. The forecast released yesterday now predicts 2.8 percent year-on-year growth for this y...

October 1, 2015 6:55 PM

Govt gets Rs 3,770 cr from one-time black money compliance window

Government has received an amount of Rs 3,770 crore from 638 declarations under the onetime black money compliance window which was closed yesterday. This was informed by an official statement issued by the Ministry of Finance today. It also said these figure are subjected to final reconciliation. T...

October 1, 2015 6:54 PM

Need to provide conducive environment for start-ups to grow: DIPP

Department of Industrial Policy and Promotion, DIPP's Secretary Amitabh Kant has said lots of start-ups are coming up in the country and there is a need to provide them a conducive environment for their growth. Talking to reporters in New Delhi, he said there is need to exempt start-ups fro...

October 1, 2015 6:54 PM

Tax dept to take action against black money holders: Revenue secy

Revenue Secretary Hasmukh Adhia, said the tax department will initiate action against those who have not disclosed their black money and assets stashed abroad as the compliance window has closed yesterday. Talking to reporters in New Delhi, Mr Adhia said the window was the last opportunity for peopl...

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