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$The Income Tax Department will soon issue notices to those who have deposited \suspicious\ amounts of money in banks post-demonetisation and have not responded to taxmans preliminary communication. (Photo: PTI)$ Business

I-T dept's lens on 'suspicious' deposits post note ban: CBDT chairman

The I-T Department will soon issue notices to those who have deposited 'suspicious' amounts of money in banks post note...

14 Nov 2017 9:06 PM IST

$The Income Tax Department is matching the \tax profiles\ of all property registrations of above Rs 30 lakh under the provisions of the anti-Benami Act. (Photo: PTI/Representational)$ Business

Benami assets: Taxmen scanning profiles of property above Rs 30 lakh

The CBDT Chairman said the taxman is also investigating the recently 'debarred' shell companies and their directors.

14 Nov 2017 8:51 PM IST

The National Company Law Tribunal (NCLT) on Thursday observed that the ongoing tussle between Tata Sons and its former chairman Cyrus Mistry has put the reputation of the country at stake.

Third appeal in tax cases should be filed selectively: CBEC

The TPRU had suggested that CBEC should not contest a case further, if the issue has been lost in two previous stages of...

14 Nov 2017 8:40 PM IST

However, imports too jumped 49 per cent to $37.88 billion in April 2016, pushing trade deficit to a 29-month high $13.2 billion

India's Oct trade deficit widens to near three-year high of USD 14.02...

Merchandise exports for October fell 1.12 per cent from a year ago to USD 23.1 billion.

14 Nov 2017 6:13 PM IST

Data released by industry bodies Nasscom and Assocham has revealed the city has about 14 per cent of the 900 major R&D units in the IT and ITeS sectors in the country.

Bring realty under GST with stamp duty, moderate rate: Assocham

Assocham official also expressed his views on whether petroleum, electricity and alcohol should be brought under the...

14 Nov 2017 3:57 PM IST

Visa on Tuesday said there is a high inclination among Indian consumers to embrace new forms of payments, according to a study. (Photo: PTI)

Indian consumers keen to adopt digital payment solutions: Visa

According to the survey, cash usage continues to decline marginally from around 33 per cent last year, to 31 per cent...

14 Nov 2017 2:34 PM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India services export flat at $14 billion in September, import grows

The services sector contributes to about 55 per cent in India's gross domestic product.

14 Nov 2017 2:27 PM IST

Railways Minister Suresh Prabhu

Will soon come out with review of foreign trade policy, says Prabhu

Commerce and Industry Minister Suresh Prabhu said promotion of international trade would help boost India's economic...

14 Nov 2017 2:03 PM IST

Consumer inflation in August jumped to 3.36 per cent.

WPI inflation at 6 month high of 3.59 per cent; onion, veggies...

Government data released showed that inflation in food articles more than doubled to 4.30 per cent in October.

14 Nov 2017 2:00 PM IST

Union Heavy Industry and Public Enterprises Minister Anant Geete on Tuesday denied reports that the government was demanding hefty dividend from a few state-run firms to bridge tax shortfall. (Photo: PTI/Representational)

Not demanding hefty dividend payout by PSUs to bridge tax shortfall:...

Recent reports suggested that finance ministry had demanded a hefty dividend payout from 12 of the state-owned firms.

14 Nov 2017 1:39 PM IST

Brokers and shareholders at Kolkata share market react as Sensex and Nifty gain after opening on the first day on Monday following the launch of GST. (Photo: AP)

India's 10-year bond yield at over 13-month high as inflation...

The 10-year bond yield went up as high as 7.01 per cent, the highest since September 29, 2016.

14 Nov 2017 1:06 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (File Photo)

Wholesale inflation soars to 6-month high of 3.59 per cent in October

Wholesale inflation, that measures price movements in bulk buys, had cooled to 2.6 per cent in the month of September.

14 Nov 2017 12:37 PM IST