Clipped from: https://economictimes.indiatimes.com/news/economy/policy/working-to-change-peoples-perception-about-i-t-dept-to-being-tax-facilitators-cbdt-chief/articleshow/80688047.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Central Board of Direct Taxes (CBDT), the apex decision making body in matters of income tax, has taken up various taxpayer-friendly moves, including
Day: February 5, 2021
FinMin to clarify on residency status of NRIs stranded in India this fiscal due to Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/finmin-to-clarify-on-residency-status-of-nris-stranded-in-india-this-fiscal-due-to-covid/articleshow/80687681.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis There were expectations that the government would clarify on the residency status of these individuals in the 2021-22 Budget, which was presented on
Govt to start airport privatisation from April next year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/govt-to-start-airport-privatisation-from-april-next-year/articleshow/80689497.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Airports Authority of India (AAI) is examining a possibility of selling loss making airports along with a profitable one. NEW DELHI: The
Monetisation of freight corridor assets to be done in stages: Railway Minister Piyush Goyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/railways/monetisation-of-freight-corridor-assets-to-be-done-in-stages-railway-minister-piyush-goyal/articleshow/80690173.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Finance minister Nirmala Sitharaman while presenting the budget on Monday said that the Indian Railways will go for monetising the DFC assets as
Consequences of delaying the Future-Reliance deal will be “far greater”, says Future Retail – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/consequences-of-delaying-the-future-reliance-deal-will-be-far-greater-says-future-retail/articleshow/80690315.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The court was hearing Future Retail’s plea against its single judge order directing the company to maintain status quo on its Rs 24,713
Budget marks directional change for Indian economy: Finance Minister – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-marks-directional-change-for-indian-economy-finance-minister/articleshow/80690929.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “This Budget mark a clear directional change for the Indian economy and that directional change is not what the government has offered as
Road construction touches record 30 km per day: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/roadways/road-construction-touches-record-30-km-per-day-nitin-gadkari/articleshow/80690998.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Today the information which I have received is that our construction record comes to 29.6 km, means 30 km per day…and this is
wilful defaulters: Banks wrote off Rs 62,000 cr loans of top 100 wilful defaulters as of March 20: RBI tells RTI activist – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-wrote-off-rs-62000-cr-loans-of-top-100-wilful-defaulters-as-of-march-20-rbi-tells-rti-activist/articleshow/80691379.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Data the Reserve Bank of India shared with Right to Information Act activist Biswanath Goswami showed that Mehul Choksi-owned Gitanjali Gems was the
Exporters worried over losing tax flexibility after IGST tweak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/exporters-worried-over-losing-tax-flexibility-after-igst-tweak/articleshow/80693703.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Earlier, exports could be made either on payment of the integrated tax or under bond. Citing liquidity crunch and higher transaction time and
SBI will unlock value from general insurance and mutual fund biz: Dinesh Kumar Khara – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/sbi-will-unlock-value-from-general-insurance-and-mutual-fund-biz-dinesh-kumar-khara/articleshow/80690566.cmsSECTIONSSBI will unlock value from general insurance and mutual fund biz: Dinesh Kumar KharaLast Updated: Feb 04, 2021, 07:30 PM ISTSynopsis “Once we have
Arvind Fashions has seen a structural shift in demand to online: Kulin Lalbhai – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/arvind-fashions-has-seen-a-structural-shift-in-demand-to-online-kulin-lalbhai/articleshow/80688932.cmsSECTIONSArvind Fashions has seen a structural shift in demand to online: Kulin LalbhaiLast Updated: Feb 04, 2021, 05:39 PM ISTSynopsis Online is already showing
SBI asset quality surprises on positive side – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/sbi-asset-quality-surprises-on-positive-side/articleshow/80689573.cmsSECTIONSQ3 result: SBI asset quality surprises on positive sideLast Updated: Feb 04, 2021, 06:10 PM IST SBI will unlock value from general insurance and
Government targets land disputes that cripple India’s infrastructure – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-targets-land-disputes-that-cripple-indias-infrastructure/articleshow/80680092.cmsSynopsis The country’s planning body has crafted a new model bill in which states will guarantee the accuracy of land titles and provide compensation
‘Small increase’: Chinese state media takes a dig at India’s defence budget–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/small-increase-chinese-state-media-takes-dig-india-defence-budget/story/430294.html As per Budget 2021, Centre approved only a marginal hike of around 1.4 percent to Rs 4.78 lakh crore for 2021-22 in defence
SEBI ban on Kishore Biyani, others won’t sway Reliance deal, says Future Retail–busienss today
Clipped from: https://www.businesstoday.in/current/corporate/sebi-ban-on-kishore-biyani-others-wont-sway-reliance-deal-says-future-retail/story/430295.html Future Retail Ltd (FRL), in a late-night regulatory filing on Wednesday, February 3, said the order “will have no impact on the ongoing
Sensex likely to hit 61,000 by 2021-end: Morgan Stanley’s super bullish bet on Indian market–business today
Clipped from: https://www.businesstoday.in/markets/stocks/sensex-rise-61000-in-2021-corporate-earnings-q3/story/430280.html The revision comes after Sensex closed above 50,000 level for the first time in previous session. The Budget rally coupled with better than
SBI Q3 results: Net profit declines 6.9% to Rs 5,196 cr–business today
Clipped from: https://www.businesstoday.in/current/corporate/sbi-q3-results-net-profit-declines-69-to-rs-5196-cr/story/430271.html SBI’s net interest income rose 3.8 YoY to Rs 28,820 crore. On a quarter-on-quarter (QoQ) basis, it rose 2.3 per cent from Rs
YES Bank share rises after 3 days- Business today
Clipped from: https://www.businesstoday.in/markets/company-stock/yes-bank-share-rises-after-3-days/story/430282.html Reversing from three sessions of consecutive fall, the stock of private lender opened higher at Rs 16.25 against its previous close of Rs
Hackers build fake version of WhatsApp to extract sensitive info from iPhone users
Clipped from: https://www.businesstoday.in/technology/news/hackers-build-fake-version-of-whatsapp-to-extract-sensitive-info-from-iphone-users/story/430290.html A website with domain config5-dati[.]com was telling iPhone users to download the fake WhatsApp app which was not actually a mobile application but
Budget 2021 strikes right balance to boost growth, improve infrastructure–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/columns/budget-2021-strikes-right-balance-to-boost-growth-improve-infrastructure/story/430102.html Union Budget 2021: The relaxation on foreign investments in infrastructure will give a boost to much-needed infrastructure development This budget, coming after a challenging
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