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CBDT did not have any established mechanism to assess the impact of revenue foregone on account of deductions under Section 80 IA on the economy and industrial growth of the country.

I-T e-assessment: CBDT notifies new communication scheme

A machine-readable device kept at the CCC will receive the responses from the taxpayers.

27 Feb 2018 11:02 AM IST

Under the Prevention of Money Laundering Act (PMLA), the NBFCs, which includes cooperative banks, are required to furnish details about their financial operations and transactions to the FIU. (PTI/Representational)

Finance Ministry releases list of 9,491 'high risk' financial...

The list, containing the names of the firms, has been updated till January this year.

27 Feb 2018 9:58 AM IST

Chief Information Commissioner R K Mathur rejected the contention of the ministry that details of the amount, raised by Indian Air Force and Air India are scattered across various records and files. (Photo: PTI/File)

Disclose bills of Air India charter plane for Modi's foreign trips:...

The case pertains to Commodore Lokesh Batra (Retd) who had sought to know details of bills related to PM's abroad...

27 Feb 2018 9:20 AM IST

Banks grappling with the evils of bad loans and non-performing assets have now been hit with the massive Rs 11,346-crore fraud at Punjab National Bank.

PNB fraud amount may be Rs 1,323 cr more than current estimate, says...

The scam was perpetrated by way of fraudulent LoUs generated in the name of Punjab National Bank.

27 Feb 2018 8:41 AM IST

Though it is not a national holiday, liquor shops will remain closed at Markapuram town on Sunday. The liquor shop license holders and mutton outlet shopkeepers have voluntarily downed their shutters on Sunday.

Liquor shops issue left to states

In December 2016, the apex court had directed all the states to relocate liquor shops within 500 metres of highways to...

27 Feb 2018 1:48 AM IST

Amarinder Singh's kin duped bank: Amit Shah

Gurpal Singh, one of the deputy MDs in Simbhaoli Sugars, is married to Captain Singh's daughter Jai Inder Kaur.

27 Feb 2018 1:16 AM IST

As a part of the Smart City project, the Command and Control Centre (CCC) will be inaugurated on Monday by Chief Minister N. Chandrababu Naidu

Chandrababu Naidu tweet saluting Veer Savarkar deleted

Andhra Pradesh CM and Centre are at loggerheads over budgetary allocations.

27 Feb 2018 12:57 AM IST

The eight-time Olympic Gold winner, who holds the world record for the 100m (9.58 seconds), the 200m (19.19 seconds) and the 4x100m relay (36.84 seconds), retired from athletics following the 2017 World Championships. (Photo: AFP)

Manchester United fan Usain Bolt reveals he has signed for a mystery...

Bolt had earlier this year confirmed that he is due to have a trial with Bundesliga club Borussia Dortmund in March.

26 Feb 2018 7:25 PM IST

Manpreet SIngh termed 2018 as an important year and said a good show in the CWG would boost the confidence of the team going ahead. (Photo: AP)

Manpreet Singh confident of India winning medal at 2018 Commonwealth...

Manpreet said the CWG hockey is of high standard with several top teams and his side would have to play their best to...

26 Feb 2018 7:23 PM IST

Karti Chidambaram reaches CBI headquarter to appear in connection with INX Media case. (Photo: Twitter | ANI)

Karti Chidambaram's CA sent to 14-day judicial custody in INX media...

Special judge NK Malhotra sent the Chartered Accountant to Tihar Jail after he was produced from the custody of the ED.

26 Feb 2018 7:18 PM IST

The off-spinner said captaincy pressure wont affect his performance. (Photo: PTI)

IPL 2018: Ravichandran Ashwin appointed as skipper for Preity Zinta's...

Ashwin has two IPL titles during his eight-year stint with Chennai Super Kings and has also played for Pune Supergiants.

26 Feb 2018 5:08 PM IST

P-Notes are typically instruments issued by registered foreign portfolio investors to overseas investors who wish to invest in Indian markets without registering themselves directly in India to save on time.

P-Note investments dip to 8 year low at Rs 1.19 lakh crore in January

Of the total investments in November, P-note holdings in equities were at Rs 84,278 crore.

26 Feb 2018 4:54 PM IST