National

January 7, 2018 2:25 AM

CBDT relaxes norms for levy of MAT on firms facing insolvency

The Central Board of Direct Taxes, CBDT has relaxed norms for levy of Minimum Alternate Tax (MAT) on companies facing corporate insolvency proceedings. As per Section 115 JB of the Income Tax Act, MAT is levied on book profit after deducting the amount of loss brought forward or unabsorbed depreciat...

January 7, 2018 1:30 AM

Indian ports are set to double their profit this year: Nitin Gadkari

Road Transport, Highways and Shipping Minister Nitin Gadkari has said that Indian ports are set to double their profit this year. Addressing delegates at the Asean-India Pravasi Bhartiya Divas in Singapore today, the minister said that for this year, it is expected to generate a profit of 7000 crore...

January 6, 2018 9:09 PM

Fodder Scam Verdict: BJP, JD(U) say law equal for all

Responding on the CBI court verdict sentencing RJD chief Lalu Prasad in a fodder scam BJP and its ally JD (U) today said that no one is above the law. BJP leader Shahnawaz Hussain said the verdict shows the law is equal for all. <br/><br/>Janata Dal (United) Secretary General K C Tyagi s...

January 6, 2018 8:50 PM

GST, Demonetization to give long gain, says VP

Vice president Mr M Venkaiah Naidu has said that there may be some short term pain due to Demonetization and GST, but it will give a long term gain. <br/><br/>Addressing the convocation ceremony at Malviya National Institute of Technology in Jaipur today, Mr. Naidu said that the reforms ...

January 6, 2018 8:46 PM

North India continues to reel under intense cold wave conditions

North India continues to reel under intense cold wave conditions with mercury plummeting to several notches below normal at many places. <br/><br/>Dense fog in the northern parts of the country including Uttar Pradesh, Punjab, Haryana, Delhi and Rajasthan affected rail, road and air traf...

January 6, 2018 8:45 PM

GST, Demonetization to give long gain, says VP

Vice president Mr. M. Venkaiah Naidu has said that there may be some short term pain due to Demonetization and GST, but it will give a long term gain. <br/><br/>Addressing the convocation ceremony at Malviya National Institute of Technology in Jaipur today, Mr. Naidu said that the reform...

January 6, 2018 8:42 PM

India eager to enhance ties with ASEAN region, says Sushma Swaraj

External Affairs Minister Sushma Swaraj has said, India wants to evolve a regional architecture based on the twin principles of shared security and shared prosperity in South-East Asian region. <br/><br/>Inaugurateing the 5th Round Table of Association of Southeast Asian Nations (ASEAN) ...

January 6, 2018 8:41 PM

PM to address conference of top police officers at MP's Tekanpur tomorrow

Prime Minister Narendra Modi will attend the Annual Conference of DGPs and IGPs tomorrow and day after at the BSF Academy at Tekanpur in Madhya Pradesh. <br/><br/>DGPs Conference is an annual event in which top police officers from all over the country share and discuss security-related ...

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