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  Business   Economy  31 Jul 2017

Business, Economy, 31 Jul 2017

RBI asks banks to enable account number portability

Banks should look forward to providing more choices to the new generation of customers.

31 Jul 2017 8:35 PM

CBDT signs 9 advance pricing pacts with taxpayers in July

Progress of the APA scheme strengthens the Govt's commitment to foster a non-adversarial tax regime.

31 Jul 2017 8:28 PM

CAIT demands relook of items under 28 pc GST slab

A lot of confusion prevailed among traders over GST rates applicability of HSN Codes.

31 Jul 2017 8:01 PM

Govt extends deadline for filing ITR, linking Aadhaar to PAN

While ITRs can now be filed by August 5, the Aadhaar-PAN linking can be done till August 31.

31 Jul 2017 6:31 PM

Core sector growth falls to 0.4 per cent in June

Slow growth in key sectors would also have implications on the Index of Industrial Production.

31 Jul 2017 6:30 PM


ITR will not be processed if you fail to link Aadhaar with PAN

CBDT has allowed filing of I-T returns till Aug 5; taxpayer will have to link Aadhaar with PAN by Aug 31.

31 Jul 2017 5:52 PM

Account Number Portability: Switch banks without changing account number

This will come as a relief for unhappy customers stuck with bank accounts they do not want to keep.

31 Jul 2017 5:27 PM

21 trade agreements being negotiated by Commerce ministry: Sitharaman

She said that before starting talks for such pacts, studies are carried out to look at the feasibility of such pacts.

31 Jul 2017 4:27 PM

GST on garment making may be lowered to 5 per cent

Currently, services in relation to textile yarns and textile fabrics attract 5 per cent GST.

31 Jul 2017 3:38 PM

GDP growth in Jun qtr to be around 6.6 pc in India: Nomura

India lost the tag of fastest growing economy to China in March quarter with a GDP growth of 6.1 pc.

31 Jul 2017 3:30 PM


5 lakh businesses opt for composition scheme under GST: Adhia

Nearly 71 lakh excise, service tax and VAT assessees have migrated to the GST Network till July 25.

31 Jul 2017 2:45 PM

From chug chug to vroom vroom, Chandigarh to Delhi train travel in just 2 hours!

SNCF, the French railways, has been assigned the task of submitting execution strategy of this semi-high speed project.

31 Jul 2017 2:19 PM

DBS expects RBI to cut its policy rates by 0.25 pc

Real interest rates are also high about 400 basis points compared to RBI's preference for 1.25-1.75 pc.

31 Jul 2017 1:17 PM

Aadhaar-PAN linking enables e-verification of I-T returns in seconds

Presently, a taxpayer is required to take a printout of ITR-V and post it to Bengaluru office to get acknowledgment.

31 Jul 2017 12:55 PM

Govt extends I-T returns deadline; makes Aug 5 as new last date

Earlier, tax authorities had indicated that they will not extend deadline beyond July 31.

31 Jul 2017 12:37 PM


India to grow 6.5-7.5 per cent over 12-18 months: Moody's

The view is in keeping with signs of economic recovery after short-term negative impact of demonetisation.

31 Jul 2017 12:15 PM

File your income tax returns by today itself as no more extension likely

The government refused to extend the July 31 deadline for filing income tax returns.

31 Jul 2017 12:01 PM

As food prices slump, pressure grows for more RBI rate cuts

Experts believe India is in the midst of a sustained easing of food prices as government has tamped them by keeping a lid on MSPs.

31 Jul 2017 9:37 AM

Loans may get cheaper as RBI set to cut rates

The government has also been pushing for a rate cut to give a boost to economic activity and encourage private investment.

31 Jul 2017 6:51 AM

GST Composition may be relooked: Official

Only 1 lakh businesses signed up for the scheme till date.

31 Jul 2017 3:39 AM