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Raghuram Rajan signals Brexit politics deterred him from seeking BOE job

In an interview with the BBC, Rajan confirmed he hadn’t sought the position and cited the fact that central banking 'has become much more political in recent times' as an explanation for why not.

Last date to file Income Tax Return may be extended. Here’s what we know

The reason for the supposed extension is the problems faced by people due to the change in the format of filing tax returns and the tax deducted at the source (TDS) certificates issued by employers.

When is the last day to file income tax returns?

In the recent budget announcement, the Union Finance Minister Nirmala Sitharaman proposed to make the permanent account number (PAN) card and Aadhaar interchangeable, effectively allowing those not possessing a PAN to file income tax returns by quoting their Aadhaar number.

Why sharing ITR data with GSTN to detect tax evasion is a step in the right direction

The next logical step is for the government to identify and resolve gaps in the income reported by taxpayers under separate (but relevant) tax legislation. The obvious aspects for this would be income reporting under Indian Income tax and GST laws.

What Budget 2019 could do to transform the education and skill development sector

The education and skill development sectors would need to be enabled to make the required changes so that the persons coming out of the system are not just employable, but can also adapt.

LIC scam: No bail for Money Matters’ CEO

Observing that Rajesh Sharma,chairman and managing director of city-based firm Money Matters,seemed to be the "kingpin" in the multi-crore kickbacks-for-loans scam,the Bombay High Court today rejected his bail plea.

Chinese banks demand $2.1 billion from tycoon Anil Ambani’s firm

State-owned China Development Bank, with loans worth 98.6 billion rupees ($1.4 billion) was the biggest creditor to the indebted telecom company, according to a filing made by the Indian company to stock exchanges.

Govt goes back on stat restructuring order, says NSO to be headed by Chief Statistician

The May 23 order, which had cleared the merger of National Sample Survey Office (NSSO) and Central Statistics Office (CSO), had only mentioned Secretary (Statistics and Programme Implementation) as the head of NSO and not mentioned Chief Statistician of India.

‘European Commission to block Tata Steel-ThyssenKrupp JV’

Had the deal been cleared, it would have been the largest European steel deal since 2006 when Arcelor was taken over by industrialist Lakshmi Mittal.

Sensex starts on weak note, Yes Bank recovers 4 per cent

Top gainers in the early session were Yes Bank, Bharti Airtel, Hero MotoCorp, Sun Pharma, RIL, M&M, PowerGrid, HDFC Bank, IndusInd Bank, Bajaj Auto, L&T, Coal India and Kotak Bank, rising up to 3.66 per cent.

Non-filers of GST returns for 2 months to be barred from generating e-way bills from June 21

With almost two years into GST implementation, the government is now focussing on anti-evasion measures to shore up revenue and increase compliance.

Business Insider’s List: 4 Indian-origin executives among ‘10 people transforming the way tech industry does business’

After stablising a struggling Microsoft, Business Insider says, Satya Nadella has his eyes set on artificial intelligence, edge computing, and augmented reality.