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Investor wealth spikes Rs 2.11 lakh crore after FM announcements

From the 30-share Sensex basket, barring NTPC, all other 29 scrips were trading in the green led by Tata Steel, Maruti Suzuki India, HDFC Bank and Yes Bank, which were trading with gains of up to 5.7 per cent.

Over 6 crore EPFO members to get 8.65% interest for 2018-19: Labour Minister Santosh Gangwar

Provident Fund (EPFO) Interest Rate 2018-19: The Central Board of Trustees (CBT) of the EPFO in February recommended hiking the interest rate for its 6-crore active subscribers to 8.65 per cent for 2018-19 from a five-year low of 8.55 per cent.

Oil hits six-week high on hopes of extended OPEC output cuts

Executives at the annual Asia Pacific Petroleum Conference said Monday they expect oil prices this year to be pressured by uncertainties surrounding the global economy, the US-China trade war and increasing US supplies.

GST returns filing date extended till November 30

GST Annual Return due date Extension: GSTR 9 is an annual return to be filed yearly by taxpayers registered under the Goods and Services Tax (GST). It consists of details regarding the outward and inward supplies made or received under different tax heads.

Income Tax notices now only through centralised system, end to ‘harassment’: Sitharaman

Finance Minister Nirmala Sitharaman said in a press conference that a computerised system will be introduced to issue notices and summons.

I-T attaches Rs 300-crore Delhi bungalow linked to Kamal Nath’s nephew

The department alleged its probe found that this fund was a benami of Ratul Puri and its shares were held by a Dubai-based operator, who is also an accused in the AgustaWestland VVIP chopper probe case.

ITR filing: When is the last day to file income tax returns?

ITR (Income Tax Return) filing Last Date 2019-20: The Central Board of Direct Taxes (CBDT) had earlier extended the due date of filing income tax return, which earlier was July 31, by one month for certain category of taxpayers as they were 'facing difficulties'.

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.

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.

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.

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.