Indian Oil net profit up by Rs 8,245 crore
GST Negative Impact of Rs 300 cr in Q2 of FY 17-18 By TN Ashok /New Delhi State owned Oil Giant Indian Oil Corporation Ltd (IOCL) today reported its profits…
EPCH hails GST notification to ease procedure for merchant exporters
AMN The Export Promotion Council for Handicrafts has welcomed the Government’s decision to ease the procedure for merchant exporters. Handicrafts merchant exporters can now purchase the goods from registered suppliers…
Govt waives off penalty on delayed filing of initial GST returns
Our Correspondent / NEW DELHI The government today waived off penalty on delayed filing of initial Goods and Services Tax (GST) returns for the months of August and September. In…
Govt hikes MSP of Wheat, Gram and Masoor
Our Correspondent The government today increased the minimum support price (MSP) of wheat by Rs 110 to Rs 1,735 a quintal and of pulses by Rs 200 per quintal to…
GST rates need to be overhauled to reduce burden: Revenue Secretary
WEB DESK Revenue Secretary Hasmukh Adhia has said that complete overhauling of the Goods and Services Tax rates is required to reduce the burden on small and medium businesses. In…
Linkage of Aadhaar number to bank account is mandatory: RBI
AMN Reserve Bank of India today said biometric identity number Aadhaar linkage with bank accounts is mandatory. The RBI clarification followed media reports quoting a reply to a Right to…
LOWEST DIWALI IN PAST 10 YEARS FOR TRADERS: CAIT
TRADERS NOW HOPING FOR A GOOD WEDDING SEASON The Confederation of All India Traders (CAIT), apex body of trading community of the Country said that both business and sales during…
TRADERS HOLD POOJA OF GST PORTAL ON DIWALI
AMN / NEW DELHI In a rare gesture, traders in different states performed Puja of GST Portal, Computer, Mobile on Diwali beside holding Traditional Diwali Puja at their stores and…
Govt permits banks to sell more small savings schemes
AMN The government has authorised all public sector banks and three private banks to accept deposits under various small savings schemes like National Savings Certificate (NSC), recurring deposits and monthly…
WPI inflation eases to 2.6 % in September
Wholesale inflation fell to 2.60 per cent in September as prices of food articles, led by vegetables, softened. Inflation, based on the wholesale price index,WPI, had soared to a four-month…