PMC Bank’s license not cancelled, also no merger request received: RBI
WEB DESK Reserve Bank of India has informed that the license of Punjab and Maharashtra Co-operative Bank, PMC, has not been cancelled and they have not received any request for…
New natural gas field containing 80 trillion cubic feet of gas discovered in UAE
WEB DESK The United Arab Emirates today announced the discovery of a new natural gas field containing 80 trillion standard cubic feet of gas in the cross-border area of the…
NRI tax not to apply on workers in Middle East, clarifies govt
WEB DESK / NEW DELHI The government on Sunday clarified that the proposed tax on NRIs will not apply on bonafide Indians working in tax-free foreign countries and is intended…
Reaction on Budget: Indian industry hail budget proposals
TN ASHOK / NEW DELHI Corporate sector generally welcomed finance minister Ms Nirmala Sitharaman’s FY 2020-21 budget as one empowering the nation through its reforms and visionary process. The industry…
Budget 20-21: Heightened expectations in depressed economic scenario fall flat – Markets react negatively
By TN Ashok / New Delhi Expectations rode high on the FY 2020-21 budget presented today in parliament by the Finance Minister Ms. Nirmala Sitharaman for a major fiscal stimulus…
National Logistics Policy will be Released Soon
Policy to Create a Single Window E- Logistics Market By TN Ashok / New Delhi A National Logistics Policy will be released soon specifying the roles of the Union Government,…
Union Budget 2020-21: Rs 35,600 Crore Outlay for Nutrition-Programmes
Task Force to Examine Age of Motherhood, Rs 28,600 Crore Allocated For Women Specific Programmes AMN / NEW DELHI Highlighting the importance of nurturing a caring society, the Union Minister…
Union Budget proposes 16-point plan to boost agriculture & farmers’ welfare
AMN The Budget has proposed a 16-point action plan to boost agriculture and farmers welfare and doubling farmers’ income by 2022. It also seeks to double farmers’ income by 2022.…
Budget 2020-21: Income Tax slabs simplified; income upto Rs 5 lakh exempted from tax
Our Correspondents / NEW DELHI The Union Budget 2020-21 presented by Finance Minister Nirmala Sitharaman today announced a new regime of personal income tax to provide significant relief to individual…
Ethical Wealth Creation Key to India Becoming $ 5 Trillion Economy by 2025
By TN Ashok / New Delhi The Economic Survey of 2019-20 tabled in parliament today is a clear attempt to craft a framework of policies to foster wealth creation in…