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Economy

I-T dept warns tax defaulters of prosecution if TDS not paid

I-T dept warns tax defaulters of prosecution…

New Delhi, Aug 6 (KNN) The Income tax department has warned tax defaulters, who fail to deposit tax deducted at source (TDS) of prosecution, even leading to…
Negative trade balance with 80 countries; SMEs hit

Negative trade balance with 80 countries; SMEs…

NEW DELHI, Aug 5 (KNN) Be it China, Japan or Indonesia, India runs a trade deficit with not only them but 77 more countries, Parliament was informed today.
High freight costs cripple exporters

High freight costs cripple exporters

New Delhi, Aug 5 (KNN)  High freight costs continue to cripple Indian exporters’ ability to be competitive in international markets as compared…
RBI streamlines measures to safeguard ATM transactions, enhance customer service

RBI streamlines measures to safeguard ATM transactions,…

New Delhi, Aug 5 (KNN)  With an aim to enhance customer service with regard to ATM transactions, the Reserve Bank of India (RBI) has advised all scheduled…
Customers in 6 cities account for 60% of bank complaints

Customers in 6 cities account for 60%…

New Delhi, Aug 3 (KNN) Banks across six cities in India such as Bhopal, Chennai, Hyderabad, Kanpur, Mumbai and New Delhi have accounted for more than 60 per…
Multi-brand retail norms relaxed

Multi-brand retail norms relaxed

New Delhi, Aug 2 (KNN)  The Union Cabinet yesterday approved the proposal for amendment in the existing FDI policy in multi-brand retail trading (MBRT)…
Last date for filing returns August-5, field offices open Saturday & Sunday

Last date for filing returns August-5, field…

New Delhi, Aug 1 (KNN)  To make it convenient for tax payers, the Central Board of Direct Taxes (CBDT) has extended the date for filing income tax returns…
Increasing tariff should not be considered as a reform

Increasing tariff should not be considered as…

New Delhi, Aug 1 (KNN)  In view of the woes consistently haunting the power sector, a review should be made quarterly and checked to see if the policy…
Chidambaram optimistic about MSMEs

Chidambaram optimistic about MSMEs

New Delhi, Jul 31 (KNN) Despite the gloom of industrial slowdown the MSMEs are one sector that give optimism to Finance Minister P Chidambaram.

Interest subsidy for MSME exporters raised to 3%

Interest subsidy for MSME exporters raised to…

New Delhi, Jul 31 (KNN) The Government today announced increase in the interest subsidy for all exporters in the micro small and medium enterprises (MSME)…

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