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Economy

Direct Tax Dispute Resolution Scheme 2016 & Equalisation Levy to come into effect from June 1, 2016

Direct Tax Dispute Resolution Scheme 2016 &…

New Delhi, May 31 (KNN) The Direct Tax Dispute Resolution Scheme, 2016 incorporated as Chapter X of the Finance Act, 2016, shall come into force on the…

The implementation part of Insolvency and Bankruptcy Code, 2016 is important: Expert

The implementation part of Insolvency and Bankruptcy…

New Delhi, May 30 (KNN) The Insolvency and Bankruptcy Code, 2016 has got the nod from the President and is now ready to become a law. As per the law, Insolvency…

We are not in favour of any company selling used phones in the country: Nirmala Sitharaman

We are not in favour of any…

New Delhi, May 30 (KNN) With the Finance Ministry rejecting waiver of mandatory local sourcing for Apple, the Commerce Ministry today said it will again…

India’s quantity of exports has not gone down: Sitharaman

India’s quantity of exports has not gone…

New Delhi, May 30 (KNN) Minister of State for Industry & Commerce Nirmala Sitharaman today said that quantity of exports has not gone down in but due…

RBI asks banks to upgrade ATMs by Sept 30, 2017

RBI asks banks to upgrade ATMs by…

Mumbai, May 27 (KNN) The Reserve Bank of India (RBI) has asked the banks in India and the White Label ATM operators to ensure that all the existing ATMs…

RBI Governor calls for greater cooperation among the SAARC countries with rising global uncertainties

RBI Governor calls for greater cooperation among…

Mumbai, May 27 (KNN) Addressing the two-day SAARCFINANCE Governors’ Symposium on “Impact of Chinese Slowdown on SAARC Region and Policy Options”,…

SIDBI’s net profit declines by 17% in FY’16

SIDBI’s net profit declines by 17% in…

Mumbai, May 27 (KNN) State-owned Small Industries Development Bank of India (SIDBI) has reported a 17 per cent decline in net profit for fiscal ended March…

ICICI Bank now has Pay Positive feature for sending cheque image for faster clearance

ICICI Bank now has Pay Positive feature…

New Delhi, May 26 (KNN) To enable faster processing of the cheques as well as reduce fraud risk, ICICI Bank has introduced a ‘Positive Pay’…

Starting a Business made simpler and easier: DIPP

Starting a Business made simpler and easier:…

New Delhi, May 26 (KNN) The Government of India has, in collaboration with the State Governments of Delhi and Maharashtra, undertaken significant reform…

Cabinet clears National Capital Goods Policy

Cabinet clears National Capital Goods Policy

New Delhi, May 25 (KNN) The Union Cabinet, chaired by the Prime Minister Narendra Modi has given its approval for National Capital Goods Policy. The policy…