Retired Supreme Court judge Justice S J Mukhopadhaya has been appointed to a 17-member global advisory board of the Gupta Family Group (GFG) alliance.
The new order now allows coercive/intrusive measures only after exhaustion of other means of recovery and restrict recovery surveys to the non-responsive/non-traceable taxpayers.
The plan under consideration by the power ministry would cap plants’ so-called heat rate, which is a measure of how much coal energy is needed to produce each unit of electricity, according to people with knowledge of the issue.
In March, the due date was extended from March 31 to June 30. Later in June, it was again extended by a month till July 31. In July, it was extended till September 30.
GSTN, which handles the IT backbone for Goods and Services Tax (GST) has already started providing tax liability data based on sales return GSTR-1 of the taxpayer to be used in his tax payment form GSTR-3B in pdf form.
They have started approaching potential investors for the proposed India Direct Investment fund, which will buy stakes in government companies being sold as part of the country’s 2.1 trillion-rupee ($29 billion) divestment program
These companies were in 46 sectors. Out of them, the automobile industry, printing of books (including litho printing industry), electronics, services and electrical equipment received more than USD 100 million FDI each from China during the said period.
Employees’ Provident Fund Organisation (EPFO) interest rate: The EPFO invests 85% of its annual accruals in the debt market and 15% in equities through ETFs.
In an interview to The Sunday Express, Bhushan discusses the benefits of the NDHM scheme, its pilot in six Union Territories, privacy concerns and how the private sector is expected to participate.
InterGlobe Aviation, the parent company of IndiGo, reduced its employee costs by 14.8% during the quarter, compared with the same period last year, while net revenues from operations fell 92% year-on-year during the quarter.
Moonbug will now operate the largest network of kids channels on YouTube, encompassing 235 million subscribers and generating more than 7 billion views a month.
The US has 714 million barrels of oil storage capacity in its strategic petroleum reserve (SPR), the world's largest supply of emergency crude oil.
If your income has seen a decrease during the ongoing phase, you need calm nerves to take stock of your finances and make some critical readjustments if required. I’ve discussed a few tips which you’re likely to find very useful if you’ve lost your job in the last few months.
The premium under both the products shall be pan India basis and no geographic location or zone-based pricing will be allowed. Rashmi Nandargi, head, Retail Health Underwriting at Bajaj Allianz General Insurance, said these standard policies specific to Covid-19 were a welcome move considering the current situation where people are worried about the Covid-19 treatment costs.
In a recent note to the Ministry of Commerce and Industry, the Federation of Indian Export Organisations (FIEO) has said that Hong Kong and Chinese Customs were holding back export consignments from India over the last few days.
Apart from lack of policy support, the is also very difficult for start-ups and SMEs in the clean energy tech space to find and retain trained and dedicated staff over longer periods of times, the report said.
The Central Bureau of Investigation (CBI) had registered the case on March 7 against 12 accused persons, including the Kapoors. It had carried out searches on March 9 and arrested Rana Kapoor and the Wadhawans, the officials said.
Experts say such a requirement does not have a precedent, may not be easy to roll out and may require more brainstorming, especially for products, such as cellphones and laptops, that may have inputs from several countries.
A senior official told The Indian Express that the Department for Promotion of Industry and Internal Trade (DPITT) is also actively examining a proposal put forth by a group of traders that the ‘country of origin’ tag be made a must for products listed on private e-commerce platforms as well.
Employee EPF contribution cut: Statutory PF contribution of both employer and employee will be reduced to 10% each from the existing 12% each for all establishments covered by EPFO for the next three months.
As people around the world consume less oil, gas and coal, electricity generated from the wind and sun will keep flowing, resulting in an unprecedented 8% decline in global carbon dioxide emissions this year, according to a report from the International Energy Agency.
The feedback on the revised Electricity Amendment Bill 2020 has been sought within 21 days
Trump said the two nations could cut output by 10 to 15 million barrels per day (bpd) - an unprecedented amount representing 10 per cent to 15 per cent of global supply, and one that would require the participation of nations outside of OPEC and its allies.
Gold is considered an attractive investment during times of political or economic uncertainty. It is highly sensitive to interest rates, as lower rates reduce the opportunity cost of holding the non-yielding bullion.
ED has summoned promoters of at least 6 leading corporates — Anil Ambani (ADA Reliance Group), Subhash Chandra (Essel Group), Kapil Wadhawan (DHFL/Wadhawan Group), Naresh Goyal (Jet Airways), Gautam Thapar (Avantha Group) and Peter Kerkar (Cox & Kings Group) — for questioning over the next 5 days.