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Individuals who pay electricity bill of over Rs 1 lakh in a year, spend over Rs 2 lakh on a foreign tour or withdraw Rs 1 crore in a year in a bank account need to file ITR. (Representational Image)Business
Who all have to file their income tax returns

You need to file ITR if your gross total income (excluding deductions) surpasses the exemption limit.

16 July 2019 3:52 PM IST

Will India\s tax on the rich hit foreign investment inflows?Business
Will India-'s tax on the rich hit foreign investment inflows?

Investors are threatening to pull funds from India unless rules are amended so that they won’t take a tax hit.

16 July 2019 9:15 AM IST

The Centre has extended the deadline till August 10 for farmers to register under the new crop insurance scheme, and till August 31 for Bihar.Business
Govt plans to tweak PMFBY; to make crop insurance voluntary to all...

Among key changes, the ministry has suggested making the scheme voluntary to all farmers including loanee farmers.

15 July 2019 5:47 PM IST

Infra development in 15 identified tourism circuits: Govt to LSBusiness
Infra development in 15 identified tourism circuits: Govt to LS

Tourism Minister Prahlad Patel said the ministry is developing infrastructure in circuits like tourist parks and tourism...

15 July 2019 1:48 PM IST

China GDP growth slows to 6.2 per cent in second quarterBusiness
China GDP growth slows to 6.2 per cent in second quarter

The slowing economy makes it more difficult for President Xi Jinping to fight back forcefully against the US.

15 July 2019 9:21 AM IST

Crude oil demand growth to remain stableBusiness
Crude oil demand growth to remain stable

Crude oil production in India averaged 697.81 BBL/D/1K from 1994 until 2019, reaching an all-time high of 813 BBL/D/1K...

15 July 2019 1:43 AM IST

RBI to come out with mobile app for currency notes identificationBusiness
RBI to come out with mobile app for currency notes identification

RBI said identification of banknote denomination is key to successful completion of cash transactions by visually...

14 July 2019 7:32 PM IST

Kerala Water Authority (KWA) had expressed interest in renovating the water pipelines.Business
-'Nal se Jal-': Water, sanitation may see Rs 6.3L cr investment in...

The investments would be made in verticals such as pipes, EPC, water treatment pumps, cement, among others, according to...

14 July 2019 4:48 PM IST

DPIIT to soon float draft national retail policy to seek stakeholders\ viewsBusiness
DPIIT to soon float draft national retail policy to seek...

The policy will streamline the retail trade and promote ease of doing business in the retail sector.

14 July 2019 12:19 PM IST

June inflation hits eight-month high but rate cut still possibleBusiness
June inflation hits eight-month high but rate cut still possible

Core consumer inflation, which strips out food and fuel prices, was estimated at an annual 4.09-4.11 per cent in June.

13 July 2019 10:14 AM IST

Nirmala Sitharaman says tax targets \absolutely\ achievable: reportBusiness
Nirmala Sitharaman says tax targets -'absolutely-' achievable: report

India expects to rake in 24.6 trillion rupees (USD 358.97 billion) in gross tax revenue in 2019-20.

12 July 2019 12:07 PM IST

India, US officials to meet Friday to discuss trade issuesBusiness
India, US officials to meet Friday to discuss trade issues

A team led by AUSTR for South and Central Asia, Christopher Wilson, will hold the meeting with senior government...

11 July 2019 7:18 PM IST

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