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Economy

Due date for filing Statement of Financial Transaction in Form 61A is May 31

Due date for filing Statement of Financial…

New Delhi, May 26 (KNN) Section 285BA of the Income-tax Act, 1961 requires furnishing of a Statement of Financial Transaction (SFT) for transactions prescribed…

Govt amends definition of Start-ups in India

Govt amends definition of Start-ups in India

New Delhi, May 26 (KNN) In order to promote entrepreneurship in the country, the Government of India has amended the definition of a Start-up which includes…

GST Data trail may help SMEs fetch credit, reduce time for credit sanction

GST Data trail may help SMEs fetch…

New Delhi, May 25 (KNN) The Goods and Services Tax (GST) is set to roll out from July 1st. The new taxation might help the Small and Medium…

Aye finance scoops $ 8 mn funding from Blue Orchard; aims financing MSMEs

Aye finance scoops $ 8 mn funding…

New Delhi, May 25 (KNN) Non-banking Finance Company (NBFC) Aye finance in a recent engagement with an International investment manager Blue Orchard,…

Govt approves Strategic Partnership Model in Defence

Govt approves Strategic Partnership Model in Defence

New Delhi, May 25 (KNN) The Union Cabinet has given its nod to the 'strategic partnership' model under which select private firms will be roped…

Deadline for employers to provide Form 16 is May 31

Deadline for employers to provide Form 16…

New Delhi, May 24 (KNN) The deadline for employers to provide Form 16 to show total TDS on income is now May 31.

The last date for the employers…

As GST Council finalized tax rates, SMEs & traders worry about GST rates

As GST Council finalized tax rates, SMEs…

New Delhi, May 24 (KNN) The GST council in its last meeting held in Srinagar recently finalised the tax rates for the goods and services. This however…

With focus on trade and industry, India holds talks with Ecuador-Colombia

With focus on trade and industry, India…

New Delhi, May 23 (KNN) Commerce Secretary Rita Teaotia recently led an official business delegation to the South American countries Ecuador and Columbia.…

GST will help SMEs grow, put an end to tax corruption: GST Council Official

GST will help SMEs grow, put an…

New Delhi, May 23 (KNN) With a little more than a month remaining for the implementation of the Goods and Services Tax (GST) in the country, the GST…

GST will lower tax burden in several commodities: Finance Ministry

GST will lower tax burden in several…

New Delhi, May 23 (KNN) Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart…