CII, IUST join hands to strengthen Digital Marketing Training
Srinagar: Confederation of Indian Industry (CII) and Islamic University of Science and Technology have joined hands to share challenges and lessons on strengthening the Digital Platform. According to a press release issued by CII, to support students in the area of Digital Marketing and Public relations, a 3- Day workshop on Digital Marketing and PR […]
Daily fuel price hike may push up freight charges by 20%, say truckers
Mumbai: Demanding monthly or quarterly revision in diesel prices, which saw an increase for 23 days on the trot last month, a truckers body on Sunday warned that transporters may be forced to increase freight charges by 20 per cent as the daily hikes in fuel prices are making operations “unviable”. Fuel charges account for […]
I-T dept disposes of 7,116 assessments under first phase of faceless scrutiny
New Delhi: The Income Tax department has disposed of 7,116 cases under the first phase of faceless assessment scheme, an official source said. Since its launch on October 7, 2019 and implementation of first phase, faceless scrutiny assessment scheme has provided for assessment of income tax in electronic mode, where taxpayers need not see face-to-face […]
Corona Kavach health insurance policy evokes good response: Insurers
New Delhi: Amid spurt in COVID-19 cases in the country, Corona Kavach health insurance policy has evoked good response within days of its launch by almost all insurers. Corona Kavach, which was launched on July 10 and is being offered by both general and health insurers, is a standard health insurance policy created to meet […]
401 infra projects show cost overruns of Rs 4.02 lakh crore
New Delhi: As many as 401 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.02 lakh crore owing to delays and other reasons, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the […]
New Form 26AS to have details of high-value financial transactions: CBDT
New Delhi: The Income Tax Department on Saturday said the new Form 26AS would have additional details of taxpayers’ high-value financial transactions undertaken during a financial year and would facilitate voluntary compliance and ease of e-filing of I-T returns. Form 26AS is an annual consolidated tax statement that can be accessed from the income-tax website […]
Govt issues notice to Twitter after recent hack targeting global high-profile users
New Delhi: India’s cyber security nodal agency CERT-In has issued a notice to Twitter asking the micro-blogging platform for full details of the recent global hack targeting high-profile users, as it sought complete information on number of Indian users affected as well as impact on data, a source said. The source privy to the development […]
Voda Idea pays another Rs 1,000 cr to govt towards AGR dues
New Delhi: Vodafone Idea on Saturday said it has paid additional Rs 1,000 crore to the government towards the statutory dues, taking its total payment to an aggregate Rs 7,854 crore. The company had earlier deposited Rs 6,854 crore in three tranches, Vodafone Idea said in a regulatory filing. “In line with the above, the […]
IT refunds worth Rs 71,229 cr issued to 21.24 lakh taxpayers during Apr 8-July 11
New Delhi: The Income Tax Department has issued refunds worth Rs 71,229 crore to over 21 lakh taxpayers during April 8 to July 11. This includes personal income tax (PIT) refunds of Rs 24,603 crore issued to 19.79 lakh individuals and corporate tax refunds amounting to Rs 46,626 crore to over 1.45 lakh taxpayers during […]
Forex reserves climb USD 3.1 bn to record USD 516.362 bn
Mumbai: The country’s foreign exchange reserves swelled by USD 3.108 billion to a record high of USD 516.362 billion in the week to July 10, RBI data showed. In the previous week ended July 3, the reserves had increased by USD 6.416 billion to USD 513.54 billion. The reserves had crossed the half-a-trillion mark for […]
