Initials hurdle hits PAN-Aadhaar link
According to Income tax officials,people may not be able to file their income tax returns for the coming financial year.It is because they are unable to link their Aadhaar to …
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States overall deficit set to decline in FY20: Economists
State Bank of India(SBI) Economists has said that states have managed to contain the fiscal deficit at the aggregate level for FY20.All the states have projected a decline in fiscal …
Read MoreRBI again defers Ind AS implementation by banks
The Reserve Bank of India has again deferred the implementation of the Indian Accounting Standards (Ind AS) by banks as the requisite legislative amendments are still under consideration. The implementation …
Read MoreGovt. earns ₹85,000 crore from disinvestment, overshoots target
Government has exceeded the disinvestment target of Rs 80,000 crore set for the Financial Year 2019,which ends in March.Disinvestments have touched ₹85,000 crore which is Rs 5,000 crore more than …
Read MoreFitch cuts India GDP growth forecast for FY20 to 6.8%
Global rating agency Fitch has cut its India’s Gross domestic product(GDP) growth forecast to 6.8% for 2019-20 from the earlier estimate of 7%.It was cut due to weak momentum in …
Read MoreED slaps ₹14.40 lakh penalty, confiscates ₹6.8 lakh in FEMA case against Geelani
Enforcement Directorate(ED) has fined Hurriyat Conference leader Syed Ali Geelani and booked him under the Foreign Exchange Management Act (FEMA).He has been booked for illegal possession of foreign exchange under …
Read MoreSpiceJet joins global Airlines grouping IATA
SpiceJet has joined global airlines grouping International Air Transport Association(IATA) as a member.It became the first Indian low-cost carrier to join the IATA. The membership will allow SpiceJet to explore …
Read MoreIndia’s first Real Estate Investment Trust subscribed 2.58 times
The initial public offering (IPO) of India’s first Real Estate Investment Trust (Embassy REIT) was subscribed 2.58 times,with the share sale generating a demand of over Rs 5,300 crore. REITs …
Read MoreAbout 44% of PM-KISAN beneficiaries await payment from Centre
Under Pradhan Mantri Kisan Samman Nidhi (PM-KiSAN) scheme,only 2.74 crore families or about 56% out of the total list of 4.92 crore names submitted by States have been paid so …
Read MoreRBI seeks modification of NCLAT order in IL&FS case
The Reserve Bank of India has decided to appeal in the National Company Law Appellate Tribunal(NCLAT) to seek a modification of its earlier order. Earlier,NCLAT had restrained banks from declaring …
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