OPEC daily basket price stood at $$72.01 a barrel Tuesday
VIENNA (WAM) — The price of OPEC basket of fifteen crudes stood at US$72.01 a barrel on Tuesday, 24th July 2018, compared with $71.85 the previous day, according to OPEC…
Madras HC allows petitioner to file IT Returns without quoting Aadhaar
The Madras High Court today allowed nine petitioners to file their Income Tax returns manually without quoting Aadhaar number for the assessment year 2018-19. A division bench of Justices M…
CSR violations: Govt issues notices to 272 companies
AMN The government has issued preliminary notices to 272 companies for not complying with corporate social responsibility (CSR) spending requirements under the companies law. Under the law, certain class of…
Huge development challenges in country, says NITI Aayog CEO
AMN / NEW DELHI NITI Aayog CEO Amitabh Kant has said that there are very huge development challenges in the country and it is very important to develop the country’s…
Banks, financial institutions sign agreement to speed up resolution of bad loans
AMN Nearly two dozen Banks and Financial Institutions, including SBI and LIC, have signed the inter-creditor agreement (ICA) framework to speed up the resolution of stressed assets which are under…
India Inc hails GST Council’s decision to allow quarterly return filing
AMN India Inc has welcomed the GST Council’s decision to allow quarterly return filing for businesses with turnover of up to Rs. 5 crore. It said, the move will boost…
Govt slashes minimum annual deposit requirement under SSY
AMN / NEW DELHI Government has reduced the minimum annual deposit requirement for accounts under Sukanya Samriddhi Yojana to Rs. 250 from Rs. 1,000 earlier. The move will enable more…
Govt gives GST relief for common man
GST Council reduced tax rates on more than 50 items and exempted sanitary napkins, rakhis, stone, marble, wooden deities and Saal leaves NEW DELHI Giving major relief to common man,…
GST will bring transparency, honesty in the system: FM
AMN / NEW DELHI Finance Minister Piyush Goyal today said the Goods and Services Tax will bring in transparency and honesty in the system. In his opening address at 28th…
Crypto currencies would encourage illegal transactions: RBI to SC
Reserve Bank today told Supreme Court that allowing dealings in crypto currencies like Bitcoins will encourage illegal transactions and it has already issued a circular prohibiting use of these virtual…