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New Delhi, Aug 18: India has challenged the US decision to impose tariffs on some quartz products by taking up the matter at the World Trade Organization (WTO).   The US began collecting tariffs on some imported quartz slabs used for…
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New Delhi, Aug 18: The Income Tax Department is verifying 394 entities and 36 professionals over suspected irregularities in large amounts of money sent abroad during the past three years, the Central Board of Direct Taxes (CBDT) said on…
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New Delhi, Aug 18: Union Finance Minister Nirmala Sitharaman today asked Public Sector Banks (PSBs) to increase credit for farmers growing pulses and oilseeds as part of efforts to reduce India's import dependence and promote crop…
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New Delhi, Aug 17 (NVI) Iran made it clear today that it will not reopen the Strait of Hormuz until the United States accepts its conditions, including lifting of the blockade, payment of compensation for months of war damage and ending…
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New Delhi, Aug 17: The government today informed the Supreme Court that it is framing rules regarding modernisation of the aviation sector and the process is expected to be completed within three weeks. The court was hearing a…
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New Delhi, Aug 17: With their energy import situation precariously poised, countries around the world, including India, are keenly watching as the 60-day deadline set under the deal between the US and Iran comes to an end today.…
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New Delhi, Aug 17: Hinting that banking reforms could be on the anvil, Union Finance Minister Nirmala Sitharaman today asked Public Sector Banks (PSBs) to prepare for that and leverage their strengthened balance sheets to support…
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New Delhi, Aug 16: The Insolvency process is being misused by companies seeking to evade taxes, conceal assets and avoid regulatory or criminal actions, according to the Insolvency and Bankruptcy Board of India (IBBI). It has said that…
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New Delhi, Aug 16: For the first time, the government has fixed maximum cooking gas LPG production targets for individual public- and private-sector refineries and upstream companies. In an order, the Petroleum and Natural Gas…
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New Delhi, Aug 16: The government has provided a one-time disclosure opportunity to taxpayers having foreign income or assets to declare. It has notified the Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS), with…
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