by PTI News | Mar 25, 2022 | 7:57 pm | Economy, News
New Delhi, Mar 25 (PTI) Finance Minister Nirmala Sitharaman on Friday said the retrospective amendments relating to claiming deduction for cess and surcharge is aimed at preventing misuse of the provision, especially by those who have treated it as exemptions or business expenditures.The Finance Bill had proposed retrospective disallowance of deduction for surcharge or cess [...]
by PTI News | Mar 25, 2022 | 7:46 pm | Economy, News
New Delhi, Mar 25 (PTI) The CISF on Friday took over security of the Reliance Group-promoted Jio World Centre in Mumbai with the induction of about 230 armed personnel who will provide the mega business and entertainment facility a counter-terrorist cover. The paramilitary force said in a statement issued in Delhi that it will provide [...]
by PTI News | Mar 25, 2022 | 7:23 pm | Commodities, Commodity Prices, Economy, News
New Delhi, Mar 25 (PTI) A strong domestic economy would help reduce the negative external impact of the Russia-Ukraine conflict, high input costs and disruptions in supply chain, eminent economist Shashanka Bhide said on Friday. Bhide further said that growth in stable employment and household income would be the basis for the recovery in consumption spending. "The (Russia-Ukraine) [...]
by PTI News | Mar 25, 2022 | 7:06 pm | Economy, News
New Delhi, Mar 25 (PTI) West Bengal is creating an ecosystem for industries to invest, and by relaxing compliance requirements it has made it easier for businesses to put in their capital, a senior state government official said on Friday. In the run up to the Bengal Global Business Summit to be held from April [...]
by PTI News | Mar 25, 2022 | 6:53 pm | Economy, News
New Delhi, Mar 25 (PTI) The Lok Sabha on Friday approved the Finance Bill, which gives effect to new taxation, thus completing the Budgetary exercise for 2022-23 fiscal.The Finance Bill was approved by the Lower House after accepting 39 official amendments moved by Finance Minister Nirmala Sitharaman and rejecting the amendments proposed by the opposition [...]
by PTI News | Mar 25, 2022 | 6:46 pm | Economy, News
New Delhi, Mar 25 (PTI) The government blocked 1,311 web links under the IT Act in 2022, Parliament was informed on Friday. Of these, 1,264 links were blocked by the Ministry of Electronics and IT (Meity) and 47 links by the Information and Broadcasting Ministry in the current year. Minister of State for Electronics and [...]
by PTI News | Mar 25, 2022 | 6:39 pm | Economy, News
New Delhi, Mar 25 (PTI) West Bengal is creating an ecosystem for industries to invest, and by relaxing compliance requirements it has made it easier for businesses to put in their capital, a senior state government official said on Friday. In the run up to the Bengal Global Business Summit to be held on April [...]
by PTI News | Mar 25, 2022 | 6:37 pm | Economy, News
New Delhi, Mar 25 (PTI) India's agricultural and processed food products exports have touched USD 21.5 billion in April to February this fiscal, the commerce ministry said on Friday. The ministry said that rice exports have crossed USD 8.67 billion during the same period. Moreover, the outbound shipments of wheat have reached USD 1.74 billion [...]
by PTI News | Mar 25, 2022 | 6:36 pm | Economy, News
Hyderabad, Mar 25 (PTI) Expressing optimism about the civil aviation sector bouncing back following a difficult phase due to COVID-19 pandemic, Union Civil Aviation Minister Jyotiraditya Scindia on Friday said Indian airline operators are expected to add 110 to 120 new aircraft every year in the days to come. Speaking at the inaugural session of [...]
by PTI News | Mar 25, 2022 | 6:33 pm | Economy, News
Mumbai, Mar 25 (PTI) Reserve Bank of India (RBI) on Friday released the framework for geo-tagging of payment system touch points to ensure proper monitoring of the availability of payment acceptance infrastructure. Geo-tagging refers to capturing the geographical coordinates (latitude and longitude) of payment touch points deployed by merchants to receive payments from their customers. [...]
