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Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...- 8th Pay Commission, OPS and rising court cases: 7 issues key central government employee body raised in its 49th annual meetThe 49th annual meeting of the NC-JCM, presided by Cabinet Secretary TV Somanathan, addressed key central government employee concerns. Dis...
- Arjuna Ranatunga, former Sri Lankan World Cup-winning captain, to be arrestedFormer Sri Lankan minister Arjuna Ranatunga faces arrest in a corruption probe. The Ceylon Petroleum Corporation allegedly lost Rs 800 mill...
- Govt starts centralised processing of filings under companies law"As of now, 4,910 forms have been received by CPC after commencing operations. The forms shall be processed a time-bound and faceless manne...
- China enters Sri Lanka's domestic fuel marketThe agreement makes China's Sinopec the first newcomer in the Sri Lankan market in 20 years, and follows months of fuel rationing triggered...
- Crisis-hit Sri Lanka opens fuel market to foreign firmsThe move cleared the way for international oil firms to re-enter Sri Lanka for the first time since the nationalisation of oil companies in...
- View: Rumour mill works overtime in ChinaThese social media speculations may be due to dislike of the common Chinese towards the rule of Xi who is now all set to become President o...
- Sri Lanka starts fuel rationing amidst severe economic crisisAccording to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel upto worth Rs 1,000...
- Sri Lanka looking at $500 mn fuel credit line from IndiaSri Lanka is looking at getting a USD 500 million fuel credit line from India even as both sides are eyeing to further expand energy cooper...
- Shringla visits Trincomalee oil tank farm, key India-Sri Lanka economic partnership linkAccording to the Indian High Commission, the LIOC briefed Foreign Secretary Shringla about the developments undertaken at the tank farm "an...
- Data leak reveals 'members' of China's Communist Party working in global firms, consulates: ReportThe data leak obtained by 'The Australian' newspaper has revealed how the alleged CPC members are employed with some of the world's biggest...
- Taiwanese company CPC Corp proposes $6.6 billion investment in IndiaA Taiwanese delegation today discussed investment in the petrochemical cracker and downstream units.
- China to speed up anti-graft legislation; Cut officials' powerIt said a list of government powers will be introduced to squeeze out the room for power rent-seeking, or using power to influence regulati...
- China orders salary cuts of top executives of state-owned enterprisesDays after criticism by Chinese Prez Xi Jinping, the ruling Communist Party of China approved plans and decided to cut hefty salaries of ex...
- E-returns: CBDT may soon do away with submission of ITRV formCBDT is mulling doing away with the mandatory submission of paper verification printout to its processing centre in Bangalore.
- After B'lore, Pune and Maneasar to get digital I-T centres: FMFinance Minister Pranab Mukherjee said on Saturday that after Bangalore, two more centres that handle I-T returns digitally would be set up...
- Oil price enviro harming some Asian downstream cosFitch Ratings has published a special report highlighting the squeeze in margins faced by some Asian downstream oil and gas companies.
- IOC must supply diesel at lower price or face actionThe Sri Lankan government has asked LIOC, the Lankan subsidiary of India's oil major Indian Oil Corporation, to reduce diesel prices on par...
- Sonia meets Shanghai's new Communist Party chiefCongress Party President Sonia Gandhi has become the first foreign leader to meet with the new Communist Party Secretary of Shanghai, China...
- BPCL buys first CPC Blend cargoBharat Petroleum Corporation Ltd (BPCL) has bought its first cargo of Kazakh ultra-light CPC Blend crude, as well as Nigerian and Abu Dhabi...
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