Cases In Arbitration Abroad Eligible Under “Vivad Se Vishwas” Scheme, Says Taxman

The scheme will cover all disputes related to tax, penalty, interest, fee, TDS or TCS, the taxman said New Delhi: Income tax cases being arbitrated abroad will be eligible to be taken up under the proposed ”Vivad se Vishwas” scheme to settle disputes between the taxpayer and the Income Tax Department, the taxman said on […]

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Petrol Price Hiked Marginally After Three Days Of Pause, Diesel Unchanged

Domestic petrol and diesel prices are determined broadly by crude oil and forex rates Petrol prices were hiked by 4-5 paise per litre in metros while diesel rates were kept steady at existing levels on Saturday. In Delhi, the price of petrol was revised to Rs 71.94 per litre with effect from 6 am on February […]

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Find Out Today’s Petrol, Diesel Rates In Your City In SMS. Here’s How

Petrol and Diesel Price: Oil firms currently review the domestic petrol and diesel rates on a daily basis How To Find Latest Fuel Prices: Oil marketing companies provide a range of services to communicate the latest rates of fuel to their customers. For instance, state-run Indian Oil Corporation (IOC) provides an SMS-based facility which enables its customers […]

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Provident Fund Body To Start E-Inspection To Monitor Compliance

Employees’ Provident Fund Organisation (EPFO) will shortly launch an e-inspection system across the country for monitoring of voluntary compliance of EPF scheme by employers, an official said on Friday. The EPFO is a firm believer of voluntary compliance and wants to understand the industry issues in case of default and non-compliance of the scheme, Central […]

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Fiscal Deficit Touched 4.56% Of GDP In December: Finance Ministry Data

Gross tax collection was Rs 13.83 lakh crore (53 per cent of the Budget estimates). Fiscal deficit as a percentage of GDP touched 4.56 per cent as of December 2019 with total receipts pegged at Rs 11.77 lakh crore against a higher expenditure of Rs 21.09 lakh crore, data of government accounts showed. For the […]

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This Is How Much Money You Can Put In A State Bank Of India (SBI) FASTag Account

SBI FASTag: Users with limited KYC verification are allowed a maximum value of Rs 10,000 in the account FASTag is now mandatory for driving vehicles on highways in the country. Based on a radio frequency identification- or RFID-based system, FASTag enables the toll to be deducted automatically from a prepaid account when the vehicle crosses […]

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France’s ADP Buys 49% Of GMR Airports For $1.45 Billion

GMR Airports has a portfolio of seven airports in three countries Paris: French airports operator ADP, which operates Paris airports Roissy and Orly, has bought a 49 per cent stake in GMR Airports for 1.34 billion euros ($1.45 billion), ADP said on Thursday.  GMR Airports has a portfolio of seven airports in three countries: India, […]

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Coronavirus: Here Is The Full List Of Suspended Flights To China, Hong Kong

Coronavirus: American Airlines has suspended China and Hong Kong flights through April 24. Airlines have been suspending flights to China or modifying service in response to the coronavirus outbreak. Coronavirus: Airlines that have cancelled all flights to Mainland China: American Airlines – Extends suspension of China and Hong Kong flights through April 24. Air France […]

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After Amazon, Walmart’s Flipkart Challenges Antitrust Probe

New Delhi: Walmart’s Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed, following a similar petition by its rival Amazon.com Inc. The Competition Commission of India (CCI) in January ordered a probe into alleged violations of competition law and certain discounting […]

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Petrol, Diesel Rates Unchanged For Third Straight Day. Find Out How Much You Pay Now

Petrol, Diesel Rate Today: Currently, fuel rates are reviewed by oil marketing companies on a daily basis Petrol and diesel prices were kept unchanged at existing rates in metros on Friday. In Delhi, the price of petrol stood at Rs 71.89 per litre and that of diesel at Rs 64.65 per litre on February 21 – […]

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