Industry pitches for tax reduction, rationalisation of duty structure in Budget
In an effort to boost the economy, representatives of various industries on Tuesday urged Finance Minister Nirmala Sitharaman to reduce the incidence of indirect taxes and rationalise duty structure wherever required. In a pre-budget meeting with Finance Minister Nirmala Sitharaman, FIEO president Ashwani Kumar made a case for an extension of...
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Rupee settles 3 paise higher at 83.44 against US dollar
26 June 2024 | PTI -
Sensex breaches 78,000 level for first time
26 June 2024 | PTI -
Adani CFO says Sebi notices procedural
25 June 2024 | PTI -
India records 0.6 per cent current account surplus in March quarter on higher service exports, remittances
25 June 2024 | PTI -
India Storage Alliance demands cut in GST on batteries, charging infrastructure
25 June 2024 | PTI -
Rupee rises 11 paise to close at 83.46 against US dollar
25 June 2024 | PTI -
RBI needs to shift focus from inflation management to growth promotion: MPC
25 June 2024 | PTI
Passenger vehicle sales to see 3-5 per cent growth this fiscal: Report
Passenger vehicle sales is projected to grow at a moderate 3-5 per cent this financial year on account of a high-base effect of FY24, shrinking order book and subdued demand for entry-level variants, a report said on Monday. According to the report by credit ratings agency CareEdge, following robust growth of...
Govt imposes stock limits on wheat to check hoarding, price rise
n In a move to check wheat price rise and hoarding, the Centre on Monday imposed stock holding limits on traders, wholesalers, retailers and processors with immediate effect. The restrictions will remain in force until March 31, 2025, across all states and Union Territories. Single retailers, big-chain retailers, processors and wholesalers will...
Noida airport to launch flight service by April '25 amid construction delays
The Noida International Airport is expected to launch its flight service by April 2025, missing its September 2024 deadline due to construction delays. Recently there were reports of delay in construction works at the greenfield airport coming up in the Jewar area of Uttar Pradesh's Gautam Buddh Nagar district, some 75...
Markets settle marginally higher in volatile trade
Benchmark equity indices ended marginally higher on Monday, helped by buying in bank stocks and firm beginning in European markets. The 30-share BSE Sensex ended 131.18 points, or 0.17 per cent, higher at 77,341.08. In early trade, the benchmark had declined 463.96 points, or 0.60 per cent, to 76,745.94. Later, it bounced...
Taxpayers can amend sales return form before GST payment
GST taxpayers will now have the option to amend outward supply or sales return form GSTR-1 before payment of taxes for a month or quarter. The GST Council in its meeting on Saturday had recommended providing a new optional facility by way of Form GSTR-1A to facilitate taxpayers to amend the...
Students who shone in JEE Advanced felicitated
FIITJEE on Sunday felicitated their meritorious students who had performed exceptionally well in the recently declared JEE Advanced 2024 results. FIITJEEians performed exceptionally well in JEE Advanced with 4 of their students in the Top 10 AIR (All India Ranks). In a glittering event “UTKARSH”, FIITJEE South Delhi centre conducted a felicitation...
Boosting e-commerce exports with dedicated hubs
In a bid to boost India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to streamline the process for online export shipments. The country’s e-commerce exports currently stand at USD 2 billion as compared to...
