Exclusive

Publication

Byline

Economy may contract 3-9% in FY21, says McKinsey

NEW DELHI, Aug. 26 -- India's gross domestic product (GDP) could contract 3-9% in the current fiscal, depending on the efficacy of steps taken to contain coronavirus pandemic and the government's econ... Read More


Centre includes PSUs in customs duty deferral scheme

New Delhi, Aug. 25 -- The central government has extended a scheme of deferred customs duty payment available to companies with good compliance track record to state owned companies, said a statement ... Read More


Drug makers allowed to spend on covid-19 research as part of CSR

NEW DELHI, Aug. 25 -- Life sciences companies with research and development (R&D) activities can now spend their corporate social responsibility (CSR) funds for finding therapies for covid-19, accordi... Read More


'Kerala's opposition to airport privatisation against public interest'

New Delhi, Aug. 24 -- Kerala assembly's resolution on Monday against the Centre's move to hand over Thiruvananthapuram airport to Adani Enterprises does not reflect the mood of the people that is in f... Read More


Aadhaar authentication now open for new GST registrations

New Delhi, Aug. 23 -- New businesses can now opt for a quick authentication of their credentials using Aadhaar, the 12-digit biometric identification number, and secure Goods and Services Tax (GST) re... Read More


Tax department unearths benami properties in Bhopal

New Delhi, Aug. 21 -- The Income Tax department has unearthed about 100 properties in Bhopal, most of which are in the names of persons of no means, said an official statement. The searches held at v... Read More


IBC suspension will protect viable firms: MS Sahoo

New Delhi, Aug. 21 -- The temporary ban on lenders from forcing companies into bankruptcy proceedings is meant to save viable companies in covid-19 times, even if it comes at the cost of keeping unvia... Read More


IBC suspension meant to protect viable firms: MS Sahoo

New Delhi, Aug. 21 -- The temporary ban on lenders from forcing companies into bankruptcy proceedings is meant to save viable firms even if it comes at the cost of keeping unviable ones alive during t... Read More


The pitfall to avoid while availing extra time to file tax returns

New Delhi, Aug. 21 -- A rider that the government inserted in June while giving extra time for filing income tax returns for FY20 could cost high net worth individuals additional interest outgo if lar... Read More


Modi announces drive to make taxation fairer, taxpayers fearless

New Delhi, Aug. 21 -- Prime Minister Narendra Modi on Thursday, 13 August, appealed to individuals and businesses who are not paying their taxes to voluntarily come forward and become part of the tax ... Read More