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Regulation

Income Tax Returns Filing 2015: Points to Check as August 31 Deadline Looms

Gifts above the value of Rs 50,000 received from persons other than relatives should also be declared. Aug 28, 2015

Air Travel May Become Costlier as Government Plans to Charge 2% Cess on Air Tickets

The government is also evaluating various proposals to relax norms for domestic carriers in operating international flights Aug 27, 2015

Privatisation of Some Public Sector Banks on Cards: Report

The Central government will hold 33% stake in the banks through the Bank Investment Company, which will replace the proposed Bank Boards Bureau. Aug 27, 2015

Seventh Pay Commission Gets 4-Month Extension to Submit Recommendations

The pay commission is likely to recommend hike in government employees' salaries by nearly 40%, according to Credit Suisse. Aug 26, 2015

Modi Government to Give Special Package to Andhra Pradesh, Not 'Special Status'

"Status is not a sanjivini (cure for all ailments)," says AP chief minister Chandrababu Naidu Aug 26, 2015

Banks to Remain Closed on Second and Fourth Saturdays From September 1

Banks will only be shut on on second and fourth Saturdays even if a month has a fifth Saturday. Aug 21, 2015

Reliance, Airtel, Vodafone, Get RBI Nod to Open Payments Banks

A payments bank is not allowed to lend to customers like commercial banks. Aug 20, 2015

EPFO to Re-Examine Online PF Withdrawal After SC's Ruling on Aadhaar

EPFO is also examining a proposal to enable its subscribers file for PF withdrawal without the intervention of the employer Aug 19, 2015

TRAI to Check Telcos' Call Tariffs to Verify Unjustified Gains in Call Drops

The government may also make compensation for call drops as "mandatory" for the telecom operators, Garg said. Aug 19, 2015

7th Pay Commission Seeks One-Month Extension of Deadline to Submit Recommendations

The deadline for the submission of the report ends this month. Aug 18, 2015

US Food Regulator Says Maggi Safe to Eat; Modi Government Sues Nestle India, Seeks Rs 640 Crore in Damages

Nestle India has, however, denied receiving an official notice about the Rs 640 crore suit Aug 12, 2015

PF Claim to be Settled in Just 20 Days Now: EPFO

A proposal to put a cap on PF withdrawals has been sent to the government. Aug 11, 2015

TTIP: Five things you need to know about the controversial EU-US trade deal

820 million people will be affected by the controversial bi-lateral trade agreement between the EU and the US. Aug 7, 2015

Railways to Send SMS Alerts on Train Delays

The department also plans to set up 4,615 water vending machines at railway stations, among other initiatives. Aug 3, 2015

CCI Orders Rs 420 Crore Penalty on Hyundai for Unfair Trade Practices

The competition watchdog also found Mahindra Reva and Premier Ltd in violation of competitive practices, but did not impose any fine. Jul 28, 2015
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