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Rs 7 lakh income, Rs 2 lakh donation to a political party: How fake contributions led to Section 80GGC tax deduction claim rejectionA Mumbai man's Rs 2 lakh donation to a political party for tax deduction backfired. The Income Tax Appellate Tribunal (ITAT) Mumbai disallo...- The bank that facilitated Iran trade back in focus as India-Russia trade expandsThe bank has received the necessary approval from the regulator -- the Reserve Bank of India -- to open a special rupee vostro account, Som...
- Budget 2019: What Sitharaman's budget had for India's banksThere was an announcement for bank account holders too, with Sitharaman saying that customers may get control over cash deposited by other ...
- Mallya diverted Rs 3,700 cr bank loan funds to F1, IPL and for pvt jet sorties: ED chargesheetThe agency has filed the charge sheet, also known as prosecution complaint, before a special court here under the provisions of the PMLA.
- Meet the five persons tasked with reviving public sector banking in IndiaPolitical interference is history, and boards are being professionalised. ET profiles the people who could make or break the nation’s hope.
- Government blocks Greenpeace India's foreign fundings, suspends NGO's licence for 6 monthsThe decision was taken by Home Ministry after it was found that NGO has "affected public interests in violation" of Foreign Contribution Re...
- Cash subsidy on LPG world's largest direct benefit transfer schemeThe direct benefit transfer on LPG was rolled out in 54 districts from November 15 and will be extended all over the country from January 1.
- Oil Minister Dharmendra Pradhan strives to ensure success of LPG direct cash transferOfficial sources said the minister at a review meeting yesterday wiped out his mobile phone to dial a consumer in Ludhiana who had complain...
- It's final: RBI tells banks to keep 60% liquidity coverage ratio from January 2015The RBI has finalised banks' liquidity coverage ratio plan and told them to keep 60% coverage from January 2015 and raise the level to 100%...
- Changing the bank for pension accountIf the pensioner faces a difficulty in accessing a bank or branch, they can request a change in the paying bank or branch.
- RBI concerned over high current account deficit: D SubbaraoVoicing concern over high Current Account Deficit, Reserve Bank Governor D Subbarao today said steps should be taken to reduce it.
- Seven ways to earn tax-free incomeHere are the strategies you can employ to reduce your tax liability by making the most of opportunities offered by tax laws.
- Unhappy with Gujarat govt's move to attach bank a/cs: Essar OilEssar Oil expressed surprise and disappointment at Gujarat govt decision to attach its bank acounts saying the company intends to pay Rs 6,...
- Rupee ended at 48.82 against dollarWhile the 10-year ended at a yield of 5.90%, up 5 basis points, the rupee ended at Tuesday's close of 48.82 against the dollar.
- Rupee falls by 6 paisa, to trade at 49.22 against the dollarThe rupee continues to trade in a small range, and was down 6 paisa at 2.30 pm, to trade at 49.22 against the dollar as against it'a close ...
- Rupee falls by 3 paisa at 12 noonThe rupee was trading in a narrow range, and was down 3 paisa at 12 noon, to trade at 49.19 against the dollar as against it'a close of 49....
- SWR achieves e-payment freight landmarkSouth Western Railway has successful implemented the system of e-payment of freight for rakes loaded at Vyasanakare Railway station, making...
- Sebi for new accounting norms for SEsSebi has asked ICAI to come up with new accounting norms for bourses, MFs, provident funds, brokerage firms and for derivative products' va...
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