Tax-saving guide for FY 2019-20
In our hurry to complete the tax-saving exercise before the end of the financial year, we end up making expensive mistakes. Here is a handy guide to set you on the right path.
Exempt Tibetans from JNU fee hike: Dalai Lama
The letter, dated November 27, has sought an “urgent intervention” of the ministries of externa...
Stocks in the news: Wipro, IndusInd Bank, Hindalco, Religare Enterprises and Vodafone Idea
The Blackstone Group will invest up to Rs 380 cror...
Why you should not take loan against PPF account
As per new, revised rules, the interest rate on a PPF loan is charged at one percent per annum.
GST rate hikes may come in phases to reduce price pains
A panel of officials looking at the option of small hikes in lower rates or moving up items in tranches.
Alcohol manufacturers plead NITI Aayog for import duty exemption on ENA
The alcohol manufacturers have pleaded that there is a massive shortage in domestic supplies of ENA following diversion of ethyl alcohol for bio-fuel blending by oil marketing companies (OMCs) in the country.
Eden, Adani to invest Rs 2,072 crore in renewable power projects in Rajasthan
As per the proposals, Eden Renewables will set up 300 MW solar energy project with an investment of Rs 1,572 Cr in the 3716 bigha. Similarly Adani Group has proposed a 50 MW project for wind energy having investment of Rs 500 crore
Centre's exemption powers in draft data protection bill stir up industry worries
The outcry from industry watchers, analysts and civil society comes amid the draft bill suggesting that the Centre will be empowered to exempt any government agency from the application of the Act and verify social media users. The bill, which was cleared by the Cabinet last week, is likely to be introduced in the Lok Sabha in the next couple of days.
Sebi exempts family trusts linked to promoters of Somany Ceramics from open offer requirement
Under the transaction, Shreekant Somany will transfer 10.24% stake to Sanrakshith Family Trust.
Data Protection Bill: Centre has the power to exempt any government agency from application of Act
It states that the Central govt has the power to exempt any of its agencies from application of the Act.
Tata Trusts forced to give up registration in 2015: Taxman
The tax department’s submission in the court had come in response to a writ petition filed by one of the trusts, Jamsetji Tata Trust, which had challenged the department’s move to cancel the registrations, claiming that they had themselves surrendered the registrations in 2015.
Sebi exempts family trust linked to promoters of SRF, Kama Holdings from open offer requirement
ABR Family Trust had sought exemption from the obligation of making open offer following the proposed acquisitions of shares and voting rights in the target companies -- Kama Holdings and SRF.
Sebi exempts govt from open offer to Canara Bank shareholders
In September, the finance ministry had decided to infuse Rs 6,571 crore in the lender.
What changed for D-Street while you were sleeping
CPI inflation stood at forty months high of 5.54 per cent in November, up by 92 bps from October. Increase in CPI was mainly led by lower base of food inflation and uptick in prices of vegetables and pulses.
ITAT hearing on Trusts’ appeal likely in February: I-T Dept may argue 6 Tata Trusts owning shares in cos wrong
Trusts plan to contend they didn’t violate trust deeds, had surrendered their registrations in 2015.
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