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The due date for filing of Income-Tax returns for assessment year 2018-19 is 31.07.2018 for certain categories of taxpayers.

Business

FinMin proposes to ease process of getting no tax deduction...

The tax department proposes to make changes in Form No 13 and related rules under the Income Tax Act.

20 Aug 2018 4:37 PM IST

Rural banking has been a great hurdle race ever since the government nationalised major commercial banks and mandated them to focus their thrust on villages.

Business

Bank branches to function normally next week; no need for panic: Fin...

A rumour is circulating in several sections of social media that banks will be closed for 6 days in the first week of...

31 Aug 2018 2:39 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Business

Bank branches to function normally next week; no need for panic:...

Banks will only observe holidays on Sunday, September 2, and second Saturday, September 8.

31 Aug 2018 1:57 PM IST

An aerial view of the floods in Aluva after heavy rains, in Kerala. (Photo: PTI)

Business

Fin Min asks insurer to expedite claims arising out of Kerala floods

Pon Radhakrishnan stressed that the Centre is totally sympathetic to the state.

30 Aug 2018 6:09 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

Business

PNB gets top rank in digital transaction as per Finance ministry...

PNB average percentage of technical declines is only 0.83 per cent of total transactions.

25 Aug 2018 5:27 PM IST

Centre could look at creating a scaffolding by distancing itself from management of banks through the creation of a Bank Holding Company which could assume the entire government stake in banks.

Business

Govt clears promotions to fill key PSB vacancies

Out of 22 bank GMs recommended by govt panel, 17 will be assigned for ED posts.

3 Sept 2018 8:56 AM IST

$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

Total govt liabilities rise to Rs 79.8 lakh crore in Q1: FinMin report

Nearly 24.9 per cent of the outstanding dated securities had a residual maturity of less than five years.

8 Sept 2018 10:28 AM IST

Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

Business

Govt likely to borrow Rs 50,000 crore less in H2

Government planned to reduce borrowings for October-MaÂ¬rÂ¬ch by trimming bond buyback programme.

7 Sept 2018 9:12 AM IST

A city court had directed the police to lodge an FIR against them for alleged violation of aircraft rules, tampering with evidence and intimidating a doctor working with Air India in January, 2017. (Representational image)

Business

Monetary limit for filing cases in DRT doubled to Rs 20 lakh

The move is aimed at helping reduce pendency of cases in DRTs. There are 39 DRTs in the country.

6 Sept 2018 6:02 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Business

GST annual return forms to help check tax evasion: experts

The last date for filing annual return form for normal taxpayers GSTR-9 and for GSTR-9A is December 31.

6 Sept 2018 3:39 PM IST

Business

Finance Ministry simplifies GST refund claim process for businesses

GST refunds can be claimed by simply submitting a printout of 'GSTR-2A' form.

5 Sept 2018 4:21 PM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Business

'Govt, RBI to do everything to check rupee slide to unreasonable...

The rupee collapsed to a lifetime low of 72.91 against the dollar.

12 Sept 2018 4:13 PM IST