Tag archive for ‘Rs’
By Loknath Das On Saturday, June 2nd, 2018
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Be An Informer For Income Tax Department; Earn Up To Rs. 5 Crore

The reward scheme is aimed at encouraging people to give info on benami transactions (Representational) NEW DELHI:  Sharing “specific information” with the income tax department about any benami transaction More...

By Loknath Das On Friday, April 27th, 2018
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Government Collects Rs. 7.41 Lakh Crore From GST In FY18, Says Finance Ministry

New Delhi: The government mobilised Rs. 7.41 lakh crore from the Goods and Services Tax (GST) during 2017-18, according to the finance ministry. The government rolled out the GST regime from July 1 last year. More...

By Loknath Das On Friday, April 27th, 2018
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Axis Bank board clears higher borrowing limit of Rs 2 lakh crore

Private sector Axis Bank on Friday said its board has approved a proposal to increase its borrowing limit up to Rs 2 lakh crore. The borrowings will be “apart from deposits of money accepted from public in the More...

By Loknath Das On Thursday, March 29th, 2018
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I-T dept names and shames 24 defaulters owing Rs 490 crore in taxes

The income taxdepartment on Thursday released a pan-India list of 24 defaulting individuals and companies who owe about Rs 490 crore in taxes to the exchequer but have either gone untraceable or have reported inadequate More...

By Loknath Das On Tuesday, March 20th, 2018
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Finance ministry to meet primary dealers before Rs 6 trillion-bond sale

The finance ministry has called for a meeting of primary dealers in New Delhi on Wednesday, to discuss its near record bond-sale program for the new fiscal year, according to people with knowledge of the matter. The More...

By Loknath Das On Wednesday, January 31st, 2018
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TRAI slashes mobile number portability charges to Rs 4 from Rs 19 per porting

Keeping in view the upsurge in mobile number portability (MNP) requests, the Telecom Regulatory Authority of India (TRAI) has decided to slash its rate to Rs 4 per successful porting from Rs 19 earlier. The TRAI More...

By Loknath Das On Wednesday, January 17th, 2018
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PSU Banks Face 1,463 NPA Accounts Of Rs. 100 Crore Each

Gross NPAs of state-owned banks stood at Rs. 7.34 lakh crore by the end of second quarter     HIGHLIGHTS In SBI, 265 accounts have bad loans of more than Rs. 100 crore each PNB has 143 NPA accounts More...

By Loknath Das On Wednesday, January 17th, 2018
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Organised Gold Loan Industry To Touch Rs. 3.1 Lakh Crore By Fiscal 2020, Says Report

Since gold loans are securitised, lenders can recoup the full principal amount if the borrower defaults New Delhi: India’s organised gold loan industry could touch Rs. 3.1 lakh crore by 2019-20 as the More...

By Loknath Das On Saturday, January 13th, 2018
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Benami Property: Taxman Attaches Properties Worth Rs. 3,500 Crore

The amount includes immovable properties of over Rs. 2,900 crore, the taxman said (Representational image) Stepping up its action against Benami transactions, the Income Tax Department has attached properties More...

By Loknath Das On Saturday, January 13th, 2018
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Income Department (I-T) Seizes Rs. 85 Crore Cash, Bullion In Anti-Black Money Drive

Assets worth more than Rs. 61 crore were seized by the department over the week New Delhi: A total of Rs. 85.2 crore in cash, bullion and jewelley have been seized by the Income Tax Department after it searched More...