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18 per cent GST on corporate guarantee by parent co to subsidiary
In such cases, the open market value of the transaction or supply will be treated as zero, resulting in no tax liability.
REC launches its 54EC Bonds Mobile App – ‘SUGAM REC’
Gurugram: REC Limited, a power sector Maharatna enterprise, has launched a mobile application 'SUGAM REC' developed exclusively for REC's Capital Gain Tax Exemption Bonds under 54EC. The application shall provide an ease to the existing as…
Crude oil prices decline to $85 a barrel on demand fall
Petroleum and Natural Gas minister Hardeep Singh Puri on Wednesday said rising crude oil prices could create organised chaos and devastation in several parts of the world.
Issue of GST on redevelopment may get deferred
As per highly placed sources, the Group of Ministers (GoM) formed in 2019 to address real estate issues has not yet submitted its report to the Council.
NPCI signs pact with UAE co for online payments
The partnership aligns with NIPL’s mission to offer its knowledge and expertise to assist other countries in setting up their own cost-efficient, and secure payment systems.
Fashion retail sector rebounds with surge in demand: Report
Over the last few years, the industry has been seeing disruptions right from the manufacturing aspect, goods getting delivered to softening demand and a sudden shift in consumer spending.
Nokia establishes a 6G Lab at its Bangalore centre
The lab will function as a platform for collaboration among industry stakeholders and facilitate the testing of innovative solutions.
3 New England states join together for offshore wind power projects, aiming to lower costs
The partnership could lead to the three states acquiring clean energy at more competitive and affordable rates, Connecticut Gov. Ned Lamont said.
Dunzo again defers salary payments
The start-up denied the exit of another co-founder Mukund Jha. In a statement, it said, he is not exiting Dunzo.
Rupee falls 4 paise to 83.24 against US dollar
Forex traders said sustained foreign fund outflows further dented investor sentiments.
Markets fall in early trade on weak global trends, unabated foreign fund outflows
The 30-share BSE Sensex plunged 533.13 points to 64,978.97. The Nifty declined 153.35 points to 19,375.40.
Corporate guarantee on GST panel agenda
The council may also deliberate upon making millets exempt from the GST net.
5G effect: India’s internet speed up 3.59 times; ranking jumps
Prime Minister Narendra Modi formally launched the 5G network in the country on 1 October 2022 at the India Mobile Congress event.
Metro Brands to focus on sales, not profit this year; offer more discounts
The company management told the analysts that this year it would focus more on driving sales than on improving its profit margins, and this could lead to an increase in discounted sales.
Microsoft CEO says unfair practices by Google led to its dominance as a search engine
Nadella said Google's dominance was due to agreements that made it the default browser on smartphones and computers.
Markets fall in early trade on unabated foreign fund outflows
The 30-share BSE Sensex fell 347.09 points to 65,481.32. The Nifty declined 117.3 points to 19,521.
Crude oil imports from Russia rebound in September
The data also noted that India’s crude oil imports from Iraq also increased, reaching 926,000 barrels per day, marking a 14.6% year-on-year increase and an 8.54% month-on-month rise.
PFC Forays into funding of Airport projects, sanctions Rs. 15,000 cr.
Shillong: Power sector Maharatna enterprise PFC in a Board Meeting held today in Shillong, capital of Meghalaya, reaffirmed its commitment towards developing the power sector of the North East India. PFC sanctioned loans amounting to…
GST mop-up rises 10% to over Rs 1.62 lakh Cr. in September
The revenue in September 2023 was 10 per cent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year: finance ministry
Manage your finances wisely this festive season
The festive season is also an occasion to start something new. You can talk to your family about creating new financial goals.
