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CBDT tells I-T officers to accept tax break claims by registered startups

New Delhi, Aug. 8 -- The Central Board of Direct Taxes (CBDT) has asked field officers to accept claims made by startups registered with the government regarding their eligibility for exemption from a... Read More


Security stepped up at all airports ahead of Independence Day

New Delhi, Aug. 7 -- The Bureau of Civil Aviation Security (BCAS) has stepped up security at all airports and airstrips in the country ahead of Independence Day in view of the threat alerts received b... Read More


RBI gives priority sector tag for specified bank loans to NBFCs

New Delhi, Aug. 7 -- The Reserve Bank of India (RBI) has given priority sector tag to bank loans extended to registered non-bank lenders for financing agriculture, small businesses and home buyers wit... Read More


GST on discounts puts retailers in a spot

New Delhi, Aug. 6 -- Tax on discounts that manufacturers and wholesalers extend to retailers for passing on to consumers is becoming an area of confusion and possible litigation, say experts. The gove... Read More


Sitharaman, Gadkari consult small firms on boosting access to credit

New Delhi, Aug. 6 -- Finance minister Nirmala Sitharaman and her cabinet colleague transportation and small enterprises minister Nitin Gadkari on Tuesday sought suggestions from micro, small and mediu... Read More


Jalan panel to give report on RBI's surplus reserves this month

New Delhi, Aug. 5 -- The Bimal Jalan panel, set up to review the economic capital framework of the Reserve Bank of India (RBI), is consulting newly appointed Economic Affairs Secretary Atanu Chakrabor... Read More


Firms may get to raise prices after transferring GST cuts

New Delhi, Aug. 5 -- Companies are free to raise prices of products and services as per their business cycle without fear of getting caught in the anti-profiteering provision in the Goods and Services... Read More


Pilgrims face surge in airfares as Amarnath yatra curtailed

New Delhi, Aug. 3 -- Thousands of pilgrims to Amarnath shrine and tourists returning from Srinagar to other parts of the country following the Jammu & Kashmir (K&K) administration's advisory to cut sh... Read More


Government offers easy credit access to boost growth

New Delhi, Aug. 2 -- Under pressure to arrest a slowdown in the economy, finance minister Nirmala Sitharaman on Friday started the process of rolling out a slew of measures to boost industry's access ... Read More


Nirmala Sitharaman to boost access to credit for industry

New Delhi, Aug. 2 -- Under pressure to arrest a slowdown in economic growth, finance minister Nirmala Sitharaman is set to take a slew of steps to boost the industry's access to credit. Sitharaman wi... Read More