BUSINESS AWAAZ

Crude oil price of Indian Basket at $ 49.44/bbl on March 22

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$ 49.44 per barrel (bbl) on 22.03.2017. This was lower than the price of US$ 50.53 per bbl on previous publishing day of 21.03.2017. In rupee terms, the … Continue reading Crude oil price of Indian Basket at $ 49.44/bbl on March 22

Cabinet approves Amendments Customs and Excise Act to facilitate GST Regime

our correspondent Union Cabinet todat approved Amendment of in the Customs and Excise Act, relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST Regime  Union Cabinet chaired by the Prime Minister Narendra Modi has approved the following proposals: i. Amendment to the Customs Act, 1962; ii. Amendments … Continue reading Cabinet approves Amendments Customs and Excise Act to facilitate GST Regime

Cabinet approves Amendments to the NABARD Act, 1981

AMN Union Cabinet chaired by the Prime Minister Narendra Modi has approved the following proposals: (a)Amendments to National Bank for Agriculture and Rural Development Act, 1981 as proposed in the draft Bill with such changes of drafting and of consequential nature, as may be considered necessary by Legislative Department. The Amendments, include provisions that enable … Continue reading Cabinet approves Amendments to the NABARD Act, 1981

Crude oil price of Indian Basket was $ 50.53/bbl on March 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$ 50.53 per barrel (bbl) on 21.03.2017. This was higher than the price of US$ 50.39 per bbl on previous publishing day of 20.03.2017. In rupee terms, the … Continue reading Crude oil price of Indian Basket was $ 50.53/bbl on March 21

Sahara’s Aamby Valley property to be auctioned, if it fails to deposit 5,092 Cr with SEBI: SC

The Supreme Court has warned the Sahara Group that its Amby Valley property worth 39,000 crore rupees in Pune will be auctioned, if the company fails to deposit 5092 crore rupees with the Securities and Exchange Board of India (SEBI) by 17th of April. A bench headed by Justice Dipak Misra also yesterday directed the … Continue reading Sahara’s Aamby Valley property to be auctioned, if it fails to deposit 5,092 Cr with SEBI: SC

Cash transactions to be capped at Rs 2 lakh

TIA / The government Tuesday proposed to lower cap for cash transactions to Rs 2 lakh from April 1, make biometric identifier Aadhaar mandatory for filing tax returns and allow cheque-only contributions to electoral trusts as part of the tirade against black money. Finance Minister Arun Jaitley moved an “unprecedented” 40 amendments to his seven-week … Continue reading Cash transactions to be capped at Rs 2 lakh

AADHAR to be mandatory for filing IT Returns, PAN apply

Cash transactions limit at Rs 2 lakh AMN / NEW DELHI Government today moved a fresh proposal to cap cash transactions at 2 lakh rupees instead of 3 lakh rupees as provided in the Union Budget 2017-18. It is one of the important amendments introduced in the Finance Bill 2017. In a tweet, Revenue Secretary … Continue reading AADHAR to be mandatory for filing IT Returns, PAN apply

GST, a new dawn for Indian Economy

By ADITYA RAJ DAS After decade of negotiations, hectic parleys, many climb-downs and heartburn, India is now virtually ready to bring in what has been touted as Independent India’s most celebrated tax reforms– Goods and Services Tax (GST). The introduction of the GST—considered to be the most radical reform in India’s Indirect Tax regime—will create … Continue reading GST, a new dawn for Indian Economy

Global Crude price of Indian Basket was $ 50.39/bbl on March 20

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$ 50.39 per barrel (bbl) on 20.03.2017. This was lower than the price of US$ 50.44 per bbl on previous publishing day of 17.03.2017. In rupee terms, the … Continue reading Global Crude price of Indian Basket was $ 50.39/bbl on March 20

NBCC to execute social housing project in Mauritius

AMN / NBCC, a Navratna construction major under the Ministry of Urban Development will execute a US $ 20 million (Rs.130 cr) social housing project in Mauritius. A Memorandum of Understanding (MoU) in this regard was signed here today in the presence of Minister of Urban Development Shri M.Venkaiah Naidu and the visiting Vice-Prime Minister … Continue reading NBCC to execute social housing project in Mauritius

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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 ...