Public sector lender Dena Bank has reduced its net loss for the quarter ended June 2017 at Rs 132.65 crore on account of lower provisions
Month: July 2017
L&T net up 46% but order inflow down to 3-year low | Business Standard News–30.07.2017
S N Subrahmanyan, managing director, Larsen and Toubro. Photo: Kamlesh Pednekar Engineering major Larsen and Toubro reported a 46 per cent jump in consolidated net
Central Bank of India reports lower loss of Rs 577 cr in Q1 | Business Line–30.07.2017
Lower burden of loan loss provisioning and income tax refund saw Central Bank of India report lower net loss of Rs. 577 crore in the
IOB goes live with Bharat Bill Payment system | Business Line–30.07.2017
Public sector Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India, for its customers. BBPS is an
cyberattacks: Cyber-security companies are hacking into their rivals to highlight shortcomings–Economic Times–29.07.2017
On a cold winter night in December 2015, Manan Shah, founder of Vadodara-based cybersecurity firm Avalance Global Solutions, woke up to an alarming text message
Instagram posts will soon help Modi government sniff out tax evaders–Economic Times–29.07.2007
By Shruti Srivastava A photo of your shiny new car on Instagram or the Facebook post about your chic holiday cottage may lead India’s
Banking system: Bandhan Bank CEO Chandra Shekhar Ghosh advices MSME units to select best CAs–Economic Times–29.07.2017
Bandhan Bank MD and CEO Chandra Shekhar Ghosh today advised the MSME units in the country to select best chartered accountants, saying “It is not
50% of India’s internet users will be rural & 40% will be women by 2020: BCG–Economic Times–29.07.2017
Half of India’s internet users will be rural and 40% will be women by 2020, a report by the Boston Consulting Group said. It also
ClearTax sets up Suvidha Kendras to assist in GST compliance – The Financial Express**29.07.2017
Businesses have to file preliminary GST returns for July in form GSTR3B by August 20. Online tax filing portal ClearTax today said it has set
Majority of economists see RBI rate cut next week: BS poll | Business Standard–29.07.2017
Unlike the June policy, when the consensus was that the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would decide on
CAG raps govt-owned banks for understating non-performing assets | Business Standard–29.07.2017
The Comptroller and Auditor General of India (CAG) has slammed the managements and statutory auditors of 12 public sector banks (PSBs) for overstating their net
IBBI chief: Bankruptcy Code will address honest failures | Business Line–29.07.2017
The Insolvency and Bankruptcy Code (IBC) 2016 provides the ultimate economic freedom to exit, and also a mechanism to address honest, relative failures, said MS
Don’t treat freebies to docs as biz expense: CAG | Business Line–29.07.2017
Finding tax compliance by private healthcare providers far from robust, the Comptroller and Auditor General of India (CAG) has asked the Income-Tax Department to widen
India Cements net profit dips 40% | Business Line–29.07.2017
India Cements has managed a tough market environment, particularly in its core areas in the South, to turn in a “satisfactory performance” during the first
Transporting goods is still a bumpy ride | Business Line–29.07.2007
Streamlining the processing and use of e-waybills and combining them smartly with the VAHAN database is a good way to go First the good news!
Tax return: Without UID, expatriates unable to file tax returns–Economic Times–28.07.2017
Many expatriates living in India and non-resident Indians living in any other country may just end up in tax trouble with no fault of theirs.
ICICI Bank Q1 Result: ICICI Bank Q1 profit slips 8% YoY to Rs 2,049 crore; asset quality stable–Economic Times–28.07.2017
Private sector lender ICICI BankBSE -1.02 % on Thursday reported 8.21 per cent year-on-year fall in net profit at Rs 2,049 crore for the quarter
GST Returns: Are you filing the correct GST return?–Economic Times–28.07.2017
Under GST, a regular taxpayer needs to furnish monthly returns and one annual return. There are separate returns for taxpayers under the composition scheme, non-resident
IIP data: Reporting of monthly factory output may go online–Economic Times–28.07.2017
India is considering developing a web portal to obtain a more accurate measure of factory output, a move that comes after the government revamped the
GST Rates: No tax on tax: Here’s how this GST mechanism will work–Economic Times–28.07.2017
One of the key benefits of the goods and services tax (GST) is the end of cascading of taxes, or there will not be any
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