by PTI News | Mar 23, 2022 | 8:46 pm | News
New Delhi, Mar 23 (PTI) The Central Board of Indirect Taxes & Customs (CBIC) has issued a standard operating procedure for the scrutiny of GST returns for financial years 2017-18 and 2018-19, the first two years of the roll-out of the new taxation regime. "Till the time a module for online scrutiny of returns is [...]
by PTI News | Mar 23, 2022 | 8:37 pm | News
New Delhi, Mar 23 (PTI) The commerce ministry will extend the existing foreign trade policy (FTP) for some more months beyond March 31, Union minister Piyush Goyal said on Wednesday. Last year in September, the government extended the Foreign Trade Policy 2015-20 till March 31, 2022, due to the COVID-19 pandemic. The present policy came [...]
by PTI News | Mar 23, 2022 | 8:31 pm | Economy, News
London, Mar 23 (PTI) Chancellor of the Exchequer Rishi Sunak tabled the UK’s Spring Statement, or the country’s one of two annual fiscal statements, on Wednesday amid high inflation and price rises and announced measures such as a drop in the basic rate of income tax, a cut in fuel duty and doubling support for [...]
by PTI News | Mar 23, 2022 | 8:29 pm | Economy, News
New Delhi, Mar 23 (PTI) NCP leader Supriya Sule on Wednesday slammed the government over the raids by investigating agencies on industrialists and claimed that several restrain themselves from speaking openly about issues bothering them."Industry has to be supported, but actually they do live in fear. Everyday you read about somebody getting raided," she said, [...]
by PTI News | Mar 23, 2022 | 8:26 pm | Commodity Prices, News
New Delhi, Mar 23 (PTI) The government is in continuous dialogue with exporters to address the problems and challenges that are emerging due to the ongoing Russia-Ukraine war and could lead to some kind of disruption in trade, Commerce and Industry Minister Piyush Goyal said on Wednesday. He said that there are challenges of commodity [...]
by PTI News | Mar 23, 2022 | 8:02 pm | News
Mumbai, Mar 23 (PTI) Investment banking firm Singhi Advisors has hired senior executives from Tata Capital, Tech Mahindra and KPMG for various leadership positions to strengthen its teams at Delhi and Mumbai offices. While Himanshu Parmar has been roped in from Tata Capital's private equity division as a director in the Mumbai head office, Satyaroop [...]
by PTI News | Mar 23, 2022 | 7:58 pm | Economy, News
Mumbai, Mar 23 (PTI) Domestic banks' share in the overall commercial credit has plunged to a low of 34 per cent in FY2021 from 56 per cent in FY2011 partly due to the pandemic and more because companies are moving away from banks for funds, says a report. The share of non-banks in the commercial [...]
by PTI News | Mar 23, 2022 | 7:34 pm | News
New Delhi, Mar 23 (PTI) Around 23.8 per cent of children use smartphones while they are in bed before going to sleep and 37.15 per cent of children have experienced reduced levels of concentration due to smartphone use as per a study, Parliament was informed on Wednesday. Minister of State for Electronics and IT Rajeev [...]
by PTI News | Mar 23, 2022 | 7:09 pm | News
New Delhi, Mar 23 (PTI) Packaged coffee products maker Rage Coffee on Wednesday said it has secured funding from former Indian cricket team captain Virat Kohli, who has also been roped in as its brand ambassador. The city-based startup, however, did not disclose the amount of investment made by Kohli.The company said it plans to [...]
by PTI News | Mar 23, 2022 | 6:49 pm | Commodities, News
New Delhi, Mar 23 (PTI) The government has issued 270 notices since January 2021 to e-commerce players for violation of provisions related to country of origin, and over Rs 56 lakh have been collected as compounding fees from such online companies, Parliament was informed on Wednesday. In a written reply to the Lok Sabha, Minister [...]