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India, Switzerland for greater cooperation on information exchange in tax matters

Both countries expressed their commitment to global tax transparency for tackling offshore tax evasion.

FICCI mourns demise of its former president K K Modi

Modi Enterprises Chairman and former president of FICCI Modi (79) breathed last on Saturday.

Forbes rich list 2019: These are India’s 10 richest people

Forbes Richest Indians list: Mukesh Ambani continued to lead the Indian pack in the Forbes list which featured 106 Indians this year. Here are the top 10 Indians in the Forbes rich list.

HDIL, PMC bosses in police custody till October 14

In the FIR, police said the actions of the accused allegedly led to bank losses totaling Rs 4,355.46 crore. The ongoing investigation has found that there were nearly 44 accounts at the bank that were password-protected.

Corporate tax cut positive but growth faces headwinds: Moody’s

Moody's said the cut in corporate tax is credit positive for companies because it will enable them to generate higher post-tax incomes. "However, it is credit negative for the sovereign, as it aggravates mounting risks for the government in meeting its fiscal deficit target."

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'.