GST Council relaxed return filing rules for businesses


NEW DELHI : The GST Council on Sunday relaxed return filing rules for businesses for the first two months of the rollout of the new indirect tax regime even as it stuck to the July 1 launch date. The industry has been pushing for deferment of the tax implementation. As per the revised return filing timeline decided by the Council, for July, the sale More...

by RAJEEV RANJAN NAG | Published 1 week ago
By On Friday, June 16th, 2017

Indian Workers On Gulf Crisis : ‘No More Jobs In Qatar’

DOHA (Qatar) :  Ajit, an Indian electrician, is just seven months into his new job but right now he is a worried man, like many other members of the huge migrant workforce in Qatar. He frets not only about his More...

By On Tuesday, June 13th, 2017

RBI is issuing a new batch of Rs. 500 notes

MUMBAI :  The Reserve Bank of India is issuing a new batch of ₹500 notes. The notes, similar in all respects to the ones issued after the November 8, 2016 notification, will have inset letter “A” in both More...

By On Saturday, June 10th, 2017

7th Pay panel : Central govt employees to get revised allowance from July

NEW DELHI : The Central government employees anxiously waiting for getting higher allowances as per the recommendation by 7th Pay Commission will start getting it from next month, a financial daily has reported. More...

By On Thursday, June 8th, 2017

Tensions boiled over between the RBI and Finance Ministry

NEW DELHI : Tensions boiled over between the central bank and Prime Minister Narendra Modi’s government as Asia’s third largest economy faces its weakest growth in two years and record low inflation. More...

By On Wednesday, June 7th, 2017

RBI:No change in interest rates, SLR cut by 0.5%; GDP projection lowered to 7.3%

MUMBAI: RBI Governor Urjit Patel- led Monetary Policy Committee (MPC) kept the repo rate unchanged at  6.25 percent. Consequently, the Reverse Repo Rate stands at 6 percent while the CRR remains at 4 percent.India More...

By On Wednesday, June 7th, 2017

More Tools, More Salary Is The Mantra for IT Professionals: Report

NEW DELHI: The past few months have seen some major upheavals in India’s $150-billion IT sector, impacting the three million plus tech workers who are part of the industry. Restrictions on H-1B visas by the More...

By On Wednesday, May 31st, 2017

Govt. Said To Be Considering Privatising Air India..?

NEW DELHI : Prime Minister Narendra Modi is actively considering a proposal to privatise state-run Air India Ltd., possibly asking the buyer to absorb loans of about 200 billion rupees ($3.1 billion) linked to aircraft More...

By RAJEEV RANJAN NAG On Tuesday, May 30th, 2017

One rupee new note will be back after 22 years

NEW DELHI :  The one rupee note will be back after 22 years. The government today said the smallest denomination note is printed and ready for release soon. The Re 1 note was discontinued in 1994, mainly because More...

By RAJEEV RANJAN NAG On Thursday, May 18th, 2017

Dal, Foodgrain, Daily Consumer Goods To Be Cheaper after GST: Government

NEW DELHI : The GST Council on Thursday finalised tax rates of goods and services under the four-slab structure with essential items of daily use being kept in the lowest bracket of 5 percent. The Council, headed More...