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Revenue Secretary Hasmukh Adhia.

Anti-profiteering body to scrutinise only cases of mass impact: Adhia

A five member National Anti-Profiteering Authority will be set up to monitor businesses that do not pass on GST...

25 July 2017 7:14 PM IST

The decision comes close on the heels of the merger that took SBI into the top 50 largest banks in the world with a balance sheet size of Rs 41 lakh crore, 500 million customers.

10 public sector banks have submitted turnaround plans: Govt

Quarterly performance of these banks would be monitored by SBI Capital Markets, who will keep finance department...

25 July 2017 6:51 PM IST

Police suspects that the cash belonged to multiple individuals, believed to be realtors and traders. (Representational image)

RBI processing old notes to verify numerical accuracy: Arun Jaitley

Central bank has been entrusted with job of counting old notes deposited post cash recall.

25 July 2017 6:44 PM IST

Ratings agency Icra

25 bps repo rate cut likely in August 2017 MPC policy review: ICRA

ICRA added that the decision is unlikely to be unanimous and further cuts in future cannot be expected.

25 July 2017 5:47 PM IST

Diverting from retail inflation, wholesale inflation (WPI) fell to 5.70 per cent in March from 6.55 per cent in the previous month.

Inflation to rise above RBI's target to 4.4 per cent later in 2017:...

Retail inflation hit a historically low level of 1.54 per cent in June on dip in food items.

25 July 2017 5:08 PM IST

Android-powered Nokia 6 smartphone (Photo: Nokia)

GST will not impact smartphone demand in India: report

GfK forecasts overall smartphone demand in the region will total 234 million units in 2017.

25 July 2017 4:32 PM IST

Finance minister Arun Jaitley

Need examples to deter benami deals: Arun Jaitley

Pressures are built using democratic polity in order to assert a non-existent right of not to pay taxes.

25 July 2017 12:00 PM IST

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

I-T dept probing 30,000 cases where ITRs revised after DeMO

Income Tax returns filed after November 8 last year were scrutinised against their earlier tax compliance.

25 July 2017 11:08 AM IST

Union minister Nitin Gadkari

Driverless cars won't be allowed in India: Transport Minister Nitin...

Govt will focus on training drivers as adequate driving skills can provide employment to about 50 lakh people.

25 July 2017 11:00 AM 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.

Number of taxpayers in India goes up from 4 crore to 6.26 crore in...

Tax officials say challenge before taxmen now remains how to widen tax net.

25 July 2017 10:57 AM IST

Niti Aayog Vice-Chairman Arvind Panagariya

Niti for increasing savings, investments to boost growth

Low levels of savings and investment rates are still a cause of concern.

25 July 2017 10:52 AM 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.

NRIs need not give account details if seeking no refund: CBDT

CBDT has issued new ITRs and a column in ITR-2 seeks details of foreign bank accounts.

25 July 2017 10:46 AM IST