National

November 10, 2016 8:32 AM

Deposits above Rs 2.5 lakh to invite penalty on income mismatch

The Government has warned that the cash deposits above 2 lakh 50 thousands rupees threshold under the 50-day window can attract tax plus a 200 percent penalty in case of income mismatch, said Revenue Secretary Hashmukh Adhia.<br/><br/>In a series of tweets, he said, government will get r...

November 10, 2016 8:26 AM

New series of Rs 500 & 2,000 notes to be available from today

Union Finance Minister Arun Jaitley has said that the new series of 500 and 2,000 rupees notes will be available in banks and post-offices from today and assured that there will be adequate availability of the new notes in the coming days. <br/><br/>Briefing reporters in New Delhi last e...

November 10, 2016 8:13 AM

2nd BRICS Communication Ministers meeting to begin in Bengaluru today

The two -day Second BRICS Communication Ministers meeting chaired by Minister of State for Communication Manoj Sinha will begin in Bengaluru today. The High Level delegation from Brazil, Russia, India, China and South Africa will deliberate for greater cooperation in Telecommunication and ICT sector...

November 10, 2016 8:08 AM

Jaitley to inaugurate Economic Editors&apos; Conference-2016 today

Finance Minister Arun Jaitley will inaugurate the two day Economic Editors&apos; Conference-2016 in New Delhi today. The Main objective of holding the Conference is to apprise the media persons about the major policy initiatives, achievements and future road map of different participating Department...

November 10, 2016 7:48 AM

&apos;Deposits above Rs 2.5 lakh to face tax, penalty on mismatch

Further dangling the stick, government has warned that cash deposits above 2 lakh 50 thousand rupees threshold under the 50-day window could attract tax plus a 200 per cent penalty in case of income mismatch. <br/><br/>Revenue Secretary Hashmukh Adhia said last night that the ministry wo...

November 10, 2016 7:29 AM

Govt working to raise number of online Haj applicants: Naqvi

Union Minister of State for Minority Affairs Mukhtar Abbas Naqvi said that government is working on ways to raise the number of online Haj applicants to 70 per cent from the 11 per cent recorded last year. <br/><br/>Mr Naqvi said, the Centre will request the Saudi government to increase ...

November 10, 2016 7:03 AM

Delhi Declaration on Agrobiodiversity Management adopted

The International Agrobiodiversity Congress has called upon nations to accord top priority to the agrobiodiversity conservation and their sustainable use towards achieving targets of Sustainable Development Goals relating to poverty alleviation. <br/><br/>The four-day Congress which conc...

November 10, 2016 7:02 AM

Banks to remain open this Saturday and Sunday

Fearing a jump in footfalls to deposit or withdraw cash following the demonetisation of 500 rupees and 1,000 rupees banknotes, banks will remain open this Saturday and Sunday and its staff will do overtime till 9 PM for the next three days to clear the rush.<br/><br/>In a tweet, Economic...

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