Chennai: The Enforcement Directorate (ED) on Thursday conducted searches in Chennai and Hyderabad as part of a money laundering probe into an alleged Rs 200 crore bank fraud and benami assets probe against Sasikala, a close aide of late Tamil Nadu CM J Jayalalithaa, and some others, officials said. At least ten premises in the…
New Delhi: India’s first large private gold mine in Andhra Pradesh is likely to start its full-scale production very soon, a top official of Deccan Gold Mines Ltd said on Thursday. The development assumes significance as India currently imports around 1,000 tonnes of gold every year. The country is the largest importer of gold after…
New Delhi: Finance Minister Nirmala Sitharaman on Thursday said the government has delivered policies as per the expectation of industry, and it’s now time for India Inc to invest more and expand capacities. Speaking at the IFQM Symposium, Sitharaman also asked the industry to partner with the government in skilling youth and also to have…
New Delhi: The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) on September 17 notified changes to the Central GST (CGST) rules, which will come into effect on September 22 and apply to…
Visakhapatnam: Union Finance Minister Nirmala Sitharaman on Wednesday said the next generation GST reforms will infuse Rs 2 lakh crore into the economy, leaving people with more cash in hand that otherwise would have gone as taxes. Addressing the Outreach and Interaction Program on Next Gen GST Reforms, she also said, following the tax reforms,…
New Delhi: The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year’s 7.28 crore, the Central Board of…
Chennai: Union Finance Minister Nirmala Sitharaman on Sunday said that the GST reforms are a huge victory for each and every citizen of the country. Taking into account that every state in India has its own festivals, it has been decided to implement the GST reforms much ahead of Prime Minister Narendra Modi’s instruction of…
New Delhi: India and the European Union are working with sincerity and commitment to finalise a comprehensive and balanced free trade agreement that will benefit businesses and consumers on both sides, Commerce and Industry Minister Piyush Goyal said on Friday. Addressing the Automotive Component Manufacturers Association (ACMA) here, he said such an agreement cannot be…
New Delhi: Retail inflation inched up to 2.07 per cent in August from 1.61 per cent in the preceding month, driven by a rise in prices of kitchen items, like vegetables, meat, fish, and eggs, according to government data released on Friday. The rise in inflation comes after a continuous fall in the consumer price…
New Delhi: The stock of Infosys climbed over 2 per cent on Friday morning trade after the IT services giant said its board has approved the largest-ever share buyback programme worth Rs 18,000 crore. Shares of the company went up by 2.32 per cent to Rs 1,544.65 on the BSE. At the NSE, the stock…
