India’s Exports jump 30.55% to USD 26.19 bn
India’s exports rose by 30 point 55 percent to 26 point 19 billion US Dollars in November on account of improved global demand, government incentives and simplification of GST refund…
UIDAI bars Airtel from conducting Aadhaar linked e-KYC verification
AMN The Unique Identification Authority of India (UIDAI) has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process. The action…
Improving rural economy on priority list of Govt: Jaitley
AMN / New Delhi Improving the agriculture sector and rural economy are on the priority list of the Union government, Finance Minister Arun Jaitley said on Saturday. Speaking at an…
Govt sets aside Rs 10000 cr service tax demand notices on IT firms
AMN In a relief to IT companies, government has set aside a 10,000 crore rupee service tax demand notices on IT companies. In a statement, the Finance Ministry said, as…
Govt to bear MDR charges up to Rs 2000 made through debit cards
AMN / NEW DELHI The government has decided to bear the Merchant Discount Rate (MDR) charges on transactions up to 2,000 rupees made through debit cards, BHIM UPI or Aadhaar-enabled…
Modi Govt Sanctions Rs 2600 Crore for Leather Industry
Cabinet approves special package for employment generation in leather and footwear sector ANDALIB AKHTER /NEW DELHI At the time when country is facing acute shortage of leather, the BJP government…
Govt raises customs duty on electronic items including TV, mobile
AMN / NEW DELHI The Finance Ministry has raised customs duty on some electronic items including television, mobile phone, projector and water heater in order to boost domestic manufacturing. As…
Strengthening PSU banks is most important agenda for next year: Jaitley
Finance Minister Arun Jaitley has said that strengthening the public sector banks is most important agenda for the next year. He was addressing FICCI’s Annual General Meeting in New Delhi…
AITAF urges FM to allow full Excise Duty exemption as granted earlier
ADITYA RAJ DAS / NEW DELHI The All India Tax Advocates Forum (AITAF) has urged the Finance Minister Arun Jaitley to prevail upon the GST Council to allow the full…
I-T raid at bitcoin exchanges across India
AMN The Income Tax Department has conducted survey operations at major bitcoin exchanges across the country on suspicion of alleged tax evasion. Official sources said the department detected several lakh…