Benefits of GST: What items, services got cheaper in last 3 years, FM Sitharaman tells
Nirmala Sitharaman today said that only 29 items are in the 28% tax rate and the loss of revenue, due…
Work From Home: Income Tax challenges for employees in times of Covid-19
While employees have been quick to adapt and reorganise their ways of working and some employers have also been proactive…
Faceless assessment: CBDT top brass assures taxmen of no disruption
The Central Board of Direct Taxes (CBDT) top brass assured tax department officials that the faceless assessment regime would not…
Govt finally operationalizes Rs 20,000 cr credit scheme for distressed MSMEs; here’s how it works
Credit and Finance for MSMEs: The promoters of distressed MSMEs would be eligible to raise credit equivalent to 15 per…
RIL takes on Amazon in e-pharmacy biz, acquires majority stake in Netmeds for Rs 620 crore
Mukesh Ambani has further upped his ante to take on e-commerce biggies in multiple segments. After grocery, Reliance Industries’ subsidiary…
Fiscal Deficit Hits Record High In First Quarter As Coronavirus Hits Economy
India’s fiscal deficit touched record levels of over Rs 6.62 lakh crore in the April-June quarter, 83.2 per cent of the target…
Core Sector Output Contracts 15% In June
Core sector output contracted for the fourth straight month in June Contracting for the fourth consecutive month, the…
As Small Businesses Suffer, Facebook’s Fortunes Hang In The Balance
Facebook will release its second quarter earnings on Thursday Facebook Inc will reveal on Thursday whether lower ad prices lured…
US Economy Contracts 32.9% In June Quarter, Wall Street Crashes
US markets declined sharply after the data was released The US economy contracted by a massive 32.9 per cent…
IndiGo To Raise At Least Rs 2,000 Crore Via Leaseback Of Planes, Other Assets
IndiGo reported its steepest quarterly loss in five years on Wednesday IndiGo, India’s largest airline, said on Wednesday…