Mumbai, Mar 22 (PTI) In spite of a massive jump in the number of the uber rich and rich becoming richer, their contributions to charity continued to decline during the COVID-19 pandemic when a whopping 200 million-plus were forced into poverty, says a report. While CSR (corporate social responsibility) spends have increased from 12 per [...]
The CBI has arrested an Assistant Superintendent of Chennai Port Trust (CPT) in connection with an ongoing investigation in Rs 45-crore bank fraud case, according to an official statement issued on Tuesday. The probe agency had registered a case on July 31, 2020 on a complaint from Indian Bank, Chennai against two private persons; Branch [...]
New Delhi, Mar 22 (PTI) TMC MP Mahua Moitra on Tuesday demanded that the civil aviation ministry be scrapped and merged to create a holistic ministry for transport as it was no longer in the business of running a national airline.Participating in the discussion in Lok Sabha on the demand for grants of the civil [...]
Chandigarh, Mar 22 (PTI) The Punjab Assembly on Tuesday passed a vote-on-account of more than Rs 37,120 crore to meet the state government's expenditure for the first three months (April-June) of the 2022-23 financial year. Finance Minister Harpal Singh Cheema moved the Punjab Appropriation (Vote-On-Account) Bill, 2022 on the concluding day of the assembly session [...]
New Delhi, Mar 22 (PTI) The central government is implementing a flagship scheme 'Pradhan Mantri Matsya Sampada Yojana (PMMSY)' with the highest ever investment of Rs 20,050 crore in all states and UTs to increase fish production, the Lok Sabha was informed on Tuesday. Union Minister for fisheries, animal husbandry and dairying Parshottam Rupala also [...]
New Delhi, Mar 22 (PTI) Chartered accountants' apex body ICAI will be preparing a research paper on cryptocurrencies that will cover various aspects, including taxation implications.ICAI President Debashis Mitra on Tuesday said the institute is working on a research paper on cryptocurrencies, which is expected to be ready in one-and-a-half months.Currently, cryptocurrencies are unregulated in [...]
New Delhi, Mar 22 (PTI) Chartered accountants' apex body ICAI will be preparing a research paper on cryptocurrencies that will cover various aspects, including taxation implications.ICAI President Debashis Mitra on Tuesday said the institute is working on a research paper on cryptocurrencies, which is expected to be ready in one-and-a-half months.Currently, cryptocurrencies are unregulated in [...]
The income tax department has gathered "evidence" that real estate group Omaxe allegedly indulged in "unaccounted" cash transactions with customers to the tune of over Rs 3,000 crore, officials said on Tuesday. The CBDT issued a statement to say that it raided the premises of a leading real estate group active in north India on [...]
New Delhi, Mar 22 (PTI) Rating agency Fitch on Tuesday slashed India's growth forecast for the next fiscal to 8.5 per cent from 10.3 per cent, citing soaring energy prices and rising inflation on account of the Russia-Ukraine war.It has revised upwards the GDP growth forecast for the current fiscal by 0.6 percentage points to [...]
The government is closely monitoring the global commodity price movements and their impact on the Indian economy through trade in the aftermath of global supply disruptions amid the Russia-Ukraine war, Parliament was informed on Tuesday. Minister of State for Finance Pankaj Chaudhury said the government is also committed to supporting initiatives for releases from Strategic [...]
