Finance

gst, gst council, gst rates, arun jaitley, july 1, modi govt, gst protests, gst strike

Stage set for GST rollout, says Finance Minister Jaitley

'GST date was decided on consensus by the GST Council, which comprises the Centre and the states'.

Jun 29, 2017

e-commerce , credit card, online shopping

Ahead of GST rollout, govt postpones implementation of TDS, TCS

The decision was taken upon trade and industry feedback on Tax Deduction at Source and Tax Collection at Source.

Jun 26, 2017

The Hurting Locker: Trust and liability are gone with the RBI wind

Are banks saying that they don't care for lost or stolen goods from their lockers, but will still charge customers for taking the risk?

Jun 26, 2017

Vijaya, Dena mulled as possible acquisition targets for Canara Bank

Govt likely to push proposal forward after monsoon session of Parliament is over in August.

Jun 24, 2017

RBI announces members of oversight panel to tackle bad loans

The panel will oversee restructuring of troubled loans, as it strives to cut more than $150 billion of bad debt accumulated by banks.

Jun 22, 2017

Start loving GST from July 1, no excuses: Arun Jaitley

Rules out further delays in timeline for GST launch. Nobody has any business not to be ready, Finance Minister says.

Jun 20, 2017

income tax, demonetisation, cash deposits in banks, rs 2.5 lakh, cbdt chief, black money, pm modi, india news

With more currency and no digital shift, demonetisation is a failure

Demonetisation via strategic devaluation of selected currency denominations rolled out last November has not resulted in a quantum shift to digital mode.

Jun 20, 2017

sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

SBI tops debit card transactions in April

The country's biggest lender reported debit card transactions worth Rs 11,720.73 crore in April,

Jun 19, 2017

Safe assets: Digging new foundations in the small towns

Retail and warehousing are being driven by availability of large tracts of land on highways outside the metros, the steadily improving infrastructure and possibility of higher yields.

Jun 19, 2017

GST Council allows late filing in first two months of tax regime launch

Companies need to file a complete return of their sales invoices by the 10th of the following month, with a second by the 15th, and a third return to calculate their tax bill.

Jun 18, 2017

Recovery time: Bankers to meet on Monday to decide on RBI's defaulter list

The 12 accounts were identified by the IAC after studying the top 500 ones in the banking system for defaulter urgency and insolvency potential.

Jun 18, 2017

Growth rage? Angry Birds may look at tapping markets

Angry Birds creator Rovio just returned to profit last year with its movie The Angry Birds, which became the third highest grossing animation feature in China.

Jun 17, 2017

gst, gst logistics, logistics companies in india

Taxing with parity: India all set for GST, says top Finance Ministry official

GST will require firms to file at least three online tax returns monthly into the GST Network, which will process up to 5 billion invoices a month.

Jun 17, 2017

Thank haven! Swiss bank vaults may crack under Modi govt heat

Switzerland and India agree to share financial information on Indian bank accounts on automatic basis from September 2019.

Jun 16, 2017

Bank of Baroda, Canara Bank to pilot two rounds of bank mergers

Banks have been asked to explore issues such as overlap of branches, technical integration and whether there would be anti-competition concerns that could emerge

Jun 15, 2017