by PTI News | Apr 10, 2022 | 10:49 am | Economy, News
New Delhi, Apr 10 (PTI) The government is working on an FAQ on taxation of cryptocurrencies, which will give a nuanced clarification on the applicability of income tax and GST on virtual digital assets, an official said. The set of Frequently Asked Questions (FAQ), which is being drafted by the Department of Economic Affairs (DEA), [...]
by PTI News | Apr 10, 2022 | 9:15 am | Economy, News
Colombo, Apr 10 (PTI) A massive anti-government street protest demanding Sri Lankan President Gotabaya Rajapaksa’s resignation has turned into an all-night vigil as over 10,000 demonstrators gathered at the Galle Face Green urban park amidst the unprecedented economic crisis in the island nation. Sri Lanka is facing its worst economic crisis since gaining independence from [...]
by PTI News | Apr 9, 2022 | 10:10 pm | Economy, News
New Delhi, Apr 9 (PTI) The government has spent around Rs 100 lakh crore on infrastructure development and social sector programmes over the last eight years, government sources said. Citing an RBI report, sources said that the total developmental expenditure by the central government was a whopping Rs 90,89,233 crore (Rs 90.9 lakh crore) during [...]
by PTI News | Apr 9, 2022 | 8:44 pm | Economy, News
Kathmandu, Apr 9 (PTI) Tourist footfalls are gradually increasing in Nepal as the coronavirus-related restrictions are eased with fewer daily cases and a low transmission rate in the last few months. The tourism sector, the backbone of the Nepalese economy, came to a griding halt in April 2020 due to the COVID-19 pandemic, officials said [...]
by PTI News | Apr 9, 2022 | 7:50 pm | Economy, News
New Delhi, Apr 9 (PTI) India’s agricultural exports rose by about 20 per cent to USD 50.21 billion during 2021-22 despite logistical challenges posed by the COVID-19 pandemic, the Commerce and Industry Ministry said on Saturday. Exports of rice were the top forex earner at USD 9.65 billion among agri commodities during 2021-22, growing by [...]
by PTI News | Apr 9, 2022 | 6:18 pm | Economy, News
Mumbai, Apr 9 (PTI) The Cotton Association of India (CAI) on Saturday reduced the cotton crop estimate by 8 lakh bales to 335.13 lakh bales for the 2021-22 season as the production in Gujarat, Telangana, Maharashtra and Karnataka is expected to decline. The total production during crop year 2020-21, stood at 353 lakh bales, the [...]
by PTI News | Apr 9, 2022 | 5:09 pm | Economy, News
Mumbai, Apr 9 (PTI) With a number of companies across the world proposing 4-day workweek for employees, a report has revealed that a majority of employers in India strongly agree that this model will help in reducing stress level. Over 60 per cent of the employers strongly agree that the new 4-day workweek model will [...]
by PTI News | Apr 9, 2022 | 3:48 pm | Corporate Action, Economy, News
London, Apr 9 (PTI) Akshata Murty, the daughter of Infosys co-founder Narayana Murthy, has announced that she will pay UK taxes on all her income, including from India, to avoid the issue being a “distraction” for her husband – Chancellor Rishi Sunak. The 42-year-old entrepreneur has been at the centre of days of headlines after [...]
by PTI News | Apr 9, 2022 | 12:08 pm | Economy, News
Dhubri (Assam), Apr 9 (PTI) Assam has started export of jackfruit and green chilli to Dubai from here, officials said on Saturday. The consignment was flagged off by Dhubri Deputy Commissioner Anbamuthan MP on Friday evening from Bilasipara town for the Lokapriyo Gopinath Bordoloi Airport from where it will leave for Mumbai for its onward [...]
by PTI News | Apr 9, 2022 | 12:51 am | Economy, News
Washington, Apr 8 (PTI) India’s dependence on Russia for major defence equipment and supplies along with some other essential items like fertiliser is immense, a top American diplomat has told lawmakers ahead of the next week’s 2+2 ministerial meeting.US Deputy Secretary of State Windy Sherman, during her testimony before the House Foreign Affairs Committee, showed [...]
