No tax on cash sales of agricultural produce for less than Rs 2 lakh
AMN The Income Tax Department has clarified that the cash sales of agricultural produce by a cultivator to a trader for less than 2 lakh rupees will not attract tax…
Global Crude oil price of Indian Basket was $ 60.00/bbl on Nov 01
AMN 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$ 60.00…
Cabinet approves ongoing Centrally Sponsored Scheme RKVY as RKVY-RAFTAAR
AMN The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi, has approvedthe continuation of RashtriyaKrishiVikasYojana (RKVY) as RashtriyaKrishiVikasYojana- Remunerative Approaches for Agriculture and Allied sector Rejuvenation…
Cabinet approves Special Banking Arrangement (SBA) for payment of subsidy to fertilizer companies
AMN / NEW DELHI The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi, has accorded the ex-post facto approval for implementation of Special Banking Arrangement (SBA)…
Govt approves revised price of ethanol under EBP for Oil Marketing Companies
AMN The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi, has approved the revision in the price of ethanol under Ethanol Blended Petrol (EBP) Programme for…
SBI cuts benchmark lending rate by 0.05 pc across maturities
AMN The country’s largest lender State Bank of India (SBI) has slashed benchmark lending rate by 0.05 per cent across maturities. The reduction in marginal cost of funds based lending…
India targets to achieve its position among top 50 in World Bank ranking: Jaitely
AMN / NEW DELHI Union Finance Minister Arun Jaitley has said, India targets to achieve its position among the top 50 of the world Bank’s report on Ease of Doing…
Global Crude oil price of Indian Basket was US$ 58.92 per bbl on Oct 30
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$ 58.92 per…
Deadline for July GSTR-2 and GSTR-3 filing extended
AMN The government has extended the last date of filing of GSTR-2 for July to 30th of November this year to facilitate businesses and all taxpayers. Earlier the last date…
Govt sets up Arun Jaitley led panel on PSU bank mergers
AMN / NEW DELHI The government has constituted a ministerial panel headed by Finance Minister Arun Jaitley to oversee merger proposals of state-owned banks. The other members of the panel…