BUSINESS AWAAZ

Global Crude oil price of Indian Basket was $49.94/bbl on April 27

AMN The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 49.94 per barrel (bbl) on 27.04.2017. This was lower than the price of US$ 50.83 per bbl on previous publishing day of 26.04.2017. In rupee terms, … Continue reading Global Crude oil price of Indian Basket was $49.94/bbl on April 27

Global Crude oil price of Indian Basket was $ 50.83/bbl on April 26

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 50.83 per barrel (bbl) on 26.04.2017. This was higher than the price of US$ 50.40 per bbl on previous publishing day of 25.04.2017. In rupee terms, the … Continue reading Global Crude oil price of Indian Basket was $ 50.83/bbl on April 26

Govt extends service tax return filing date to April 30

 Centre has extended the last date for filing service tax return by five days to April 30, in a relief to lakhs of service providers. Every registered service tax assessee has to file service tax return in form ST-3 on a half-yearly basis before the due date to avoid penalty. The Central Board of Excise … Continue reading Govt extends service tax return filing date to April 30

Centre has no plans to impose tax on agricultural income: Jaitley

AMN Union Finance Minister Arun Jaitley has categorically stated that the Central Government has no plan to impose any tax on agricultural income. In a statement, Mr Jaitley said, he has read the paragraph in Niti Aayog’s Report entitled ‘Income tax on Agriculture Income’. Clearing any confusion on the subject, the Minister said, as per … Continue reading Centre has no plans to impose tax on agricultural income: Jaitley

India’s Food grain production to be 273 MT in 2017-18: Radha Mohan Singh

Our Correspondent Government today said foodgrain output is likely to be 273 Million Tonnes for 2017-18 in anticipation of good monsoon. Agriculture Minister Radha Mohan Singh the total food grains production is estimated at 271.98 Million tonnes for 2016-17. Addressing a National Conference on Agriculture for Kharif campaign in New Delhi, Mr Singh said the … Continue reading India’s Food grain production to be 273 MT in 2017-18: Radha Mohan Singh

Bihar adopts GST; Nitish terms it as historic moment

Both the Houses of Bihar Legislature today unanimously adopted the Goods and Services Tax (GST) bill along with the Bihar taxation (Amendment) Bill, becoming the second state after Telangana to pave the way for roll out of the GST from July 1. wBihar Legislative Assembly as well as Legislative Council adopted the Bills related to … Continue reading Bihar adopts GST; Nitish terms it as historic moment

India Post Payment Bank branches to be opened in 650 districts

AMN / India Post Payment Bank branches will be opened in 650 districts across the country during next 4 months. Addressing a press conference in Hyderabad today, Secretary in the Postal Department, B V Sudhakar formed that one branch per district will be set up initially to provide doorstep banking, especially in rural areas. He … Continue reading India Post Payment Bank branches to be opened in 650 districts

Global Crude oil price of Indian Basket was $ 51.22/bbl on April 21

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 51.22 per barrel (bbl) on 21.04.2017. This was lower than the price of US$ 51.66 per bbl on previous publishing day of 20.04.2017. In rupee terms, the … Continue reading Global Crude oil price of Indian Basket was $ 51.22/bbl on April 21

AITAF urges FM to radically simplify paperwork under GST

ADITYA RAJ DAS  / NEW DELHI The All India Tax Advocates Forum (AITAF) has urged the Finance Minister Arun Jaitley to make the procedure radically simple and less cumbersome for paperwork relating to maintenance of accounts and documents under the new tax regime of Goods and Service Tax (GST). “The draft GST rules have prescribed … Continue reading AITAF urges FM to radically simplify paperwork under GST

India fastest growing economy in world: Jaitley at IMFC

WEB DESK India’s Finance Minister Arun Jaitley has said that his country is on path of the fastest growing major economy in the world and its growth will accelerate further after implementation of GST. Speaking at the International Monetary and Financial Committee (IMFC) meeting in Washington yesterday, Jaitley said the scrapping of old Rs 500 … Continue reading India fastest growing economy in world: Jaitley at IMFC

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NEPAL TRAGEDY: PHOTO FEATURE

[caption id="attachment_30524" align="alignleft" width="482"] The death toll from Saturday's deadly 7.9 magnit ...