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Economy

CBDT encourages online filing of income tax

CBDT encourages online filing of income tax

New Delhi, Jul 22 (KNN) The Central Board of Direct Taxes facility for online filing of returns has been made user-friendly with the advantage of pre-filled…
Relief for wool importers on quarantine issue

Relief for wool importers on quarantine issue

New Delhi, Jul 22 (KNN)  Following complaints from wool importers on the quarantine issue, the Ministry of Agriculture has exempted certain varieties…
Govt optimistic about economic rebound

Govt optimistic about economic rebound

New Delhi, Jul 19 (KNN)  Stating that the economy was going through a difficult period, Prime Minister Manmohan Singh has assured today that the Government…
TN govt wants to act tough against commercial tax evaders

TN govt wants to act tough against…

Chennai, Jul 18 (KNN)  The Tamil Nadu Government has warned that stringent action will be taken against evaders of commercial taxes, a major source of…
India plans to reduce import duty on Pakistan textiles to 5%

India plans to reduce import duty on…

New Delhi, Jul 17 (KNN)  In an effort to increase cross border trade with Pakistan, India is planning to reduce the tariff on import of textiles…
New do's and don'ts while filing tax returns

New do's and don'ts while filing tax…

New Delhi, Jul 15 (KNN)  Tax payers are likely to be impacted by the several new guidelines with regard to e-filing, choosing the right form and tax deducted…
Inflation of mfg items declines; but prices of common goods remain high

Inflation of mfg items declines; but prices…

New Delhi, Jul 15 (KNN)  The Wholesale Price Index (WPI) inflation for the month of June was at 4.86 per cent, better than what was expected but…
Falling rupee will impact India's intra industry trade

Falling rupee will impact India's intra industry…

New Delhi, Jul 13 (KNN) Since import contents in Indian exports have been more than 20 per cent in the recent times, rupee depreciation will affect Indian…
Half the industrial segments show negative growth

Half the industrial segments show negative growth

New Delhi, Jul 12 (KNN)  Industrial production during May dropped by 1.6 per cent with several sectors showing a huge drop in production, reflecting a…
Engineering exports in trouble

Engineering exports in trouble

New Delhi, Jul 12 (KNN) Continuous economic turmoil in the European economies and no pick-up in North America may cast shadow over India’s annual target…