Home » Business » Economy

Economy - Page 462

The governments new scheme for farmers offering a subsidy of Rs 4,000 per acre from next year has already started creating a rift between the tenant farmer and the land owner.

Agriculture sector gets Rs 354.77 crore FDI in Apr-May: Govt

Country had received total 515.49 crore FDI in the agriculture sector during the 2016-17

8 Aug 2017 5:09 PM IST

Upon closing of the transaction, MakeMyTrip will own 100 percent of ibibo Group.

Online travel agents liable to deduct TCS under GST: CBEC

Online travel agents have been classified as e-commerce operators (ECO) and so they have to deduct TCS.

8 Aug 2017 4:08 PM IST

The Income-Tax Department has sent out letters to more than 10,000 assessees, most of them pensioners, for attempted tax evasion, especially on income from sources other than pension.

Tax relief to luxury cars of social institutes serves no purpose

Govt has not issued any notification listing eligible institutions for allowing such exemption under the Rules.

8 Aug 2017 4:01 PM IST

In one of the biggest recoveries of stolen mobile phones in the city, the City Police on Sunday nabbed a 40-year-old pawnshop owner cum used mobile phone seller from Adambakkam and seized over 2,300 mobile phones from him. (Representational image)

Indian handset market crosses 350 million shipments in 2017

Smart phones have gained immense popularity in India and constituted 43 per cent of the total handset shipments in 2016.

8 Aug 2017 3:53 PM IST

Subsidised LPG now costs Rs 477.46 per 14.2-kg cylinder in Delhi. It was priced at Rs 419.18 in June last year.

Subsidy on LPG for poor to stay: Dharmendra Pradhan

The capacity of LPG supply is expected to double and cover most households.

7 Aug 2017 7:31 PM IST

The department has identified 17.92 lakh individuals whose tax profiles were not in line with the cash deposits.

Demonetisation effect: ITR filings for 2016-17 grow 25 per cent

Total number of returns filed as on August 5 stands at over 2.82 crore as against over 2.26 crore.

7 Aug 2017 6:46 PM IST

ts a sobering thought that the growth of the urban poor in the city is directly proportionate to the economic growth of Hyderabad

Own an AC or car? No welfare scheme for you as govt sets new...

New benchmarks are being set for availing welfare schemes, in line with recommendations by the Bibek Debroy Committee.

7 Aug 2017 5:40 PM IST

Amidst concern about robots replacing manual labour in the middle skill jobs, a report released by industry body Assocham along with global audit firm PwC has called for an overhaul of the education system to meet the emerging industry demand. (Representational image)

Job levels, salary hikes, voluntary attrition decline in Q1 FY18:...

Most industries witnessed conservative appraisals that were considerably lower than two-digit salary hikes seen in 2016.

7 Aug 2017 3:45 PM IST

Volkswagen SUV Tiguan (Photo: Volkswagen)

Pay more for SUVs, luxury cars as GST Council hikes cess to 25 per...

The finance ministry said that after GST, total tax on motor vehicles has come down vis-a-vis total incidence in pre-GST...

7 Aug 2017 3:27 PM IST

The amendment to the two decade old Cyprus DTAA comes after India in May signed a revised tax treaty with Mauritius under which capital gains will be levied on investments made after April 1, 2017.

Do you know you can file a 'Belated Return' under Income Tax Act,...

Income Tax Act, 1961 defines different types of taxes and their last dates under various sections.

7 Aug 2017 2:54 PM IST

With BHIM you can select your own PIN and your payment address which could be anand@IOB or leela@PNB.

Get higher cashbacks on BHIM app from August 15

BHIM app currently offers cashbacks in the range of Rs 10 to Rs 25.

7 Aug 2017 2:15 PM IST

The Commerce Ministry is also in consultations with the ports authorities for timely handling of cargo.

Cargo traffic at 12 major ports up 4 per cent to 222 MT in April-July

India has 12 major ports which handle approximately 61 per cent of the country's total cargo traffic.

7 Aug 2017 1:53 PM IST