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No plans to introduce new Rs 1,000 notes: Govt
59 Views, 22-02-2017, Courtsey News Live

: The central government has no plans to introduce new Rs 1,000 notes. This was announced by Economic Affairs secretary Shaktikanta Das today. "No plans to introduce Rs 1000 notes. Focus is on production and supply of Rs 500 and lower denomination notes," he tweeted amid reports in sectio...Read more

Online EPF withdrawal, pension fixation by May: Reports
460 Views, 19-02-2017, Courtsey News Live

: The stress laid on digital transactions by Prime Minister Narendra Modi might give employees another reason to cheer. The Employees’ Provident Fund Organization (EPFO) is likely to introduce online facility for settlement of claims, including EPF withdrawal, by May this year. The new measur...Read more

GST Council clears draft Compensation Bill
79 Views, 18-02-2017, Courtsey News Live

: The Finance Ministry went one step closer to implementing the goods and services tax from July 1 after the Arun Jaitley-led GST council met today and approved the Draft Compensation Bill. The GST Council in its tenth huddle also cleared the final drafting of the anti-profiteering clause to ensure...Read more

#Demonetisation: Ignoring IT query could cost you dearly
81 Views, 17-02-2017, Courtsey News Live

: The Income Tax department has send notices to nearly 18 lakh people over deposits made in their respective bank accounts post demonetisation. The IT department has sought a reply from these 18 lakh account holders and only nine lakh people have replied to queries raised by taxmen.  The depar...Read more

IT scanner on suspicious deposits
82 Views, 16-02-2017, Courtsey News Live

: Nearly nine lakh out of 18 lakh people under IT scanner for suspicious bank deposits after demonetisation have been put in \’doubtful\’ category, a report by PTI says. The report, however, says action against them will follow only after the new tax amnesty scheme ends on March 31. Und...Read more

Nokia 3310 all set to make a comeback
180 Views, 15-02-2017, Courtsey News Live

: For many, a Nokia 3310 mobile phone still holds a special place in their hearts. And one can once again get a modern version of the then highest selling mobile phone with Finnish start-up HMD Global is all set to launch a modern version of the legendary Nokia 3310, media reports said. The Nokia 3...Read more

Rupee extends losses, falls 14 paise
183 Views, 13-02-2017, Courtsey News Live

: The Indian rupee today fell by 14 paise against the US dollar as it extended losses for the second straight day. The rupee ended at 67.02 per dollar. The rupee has dropped by 17 paise or 0.25 per cent in two days....Read more

Jio effect: Idea, RCom post losses
484 Views, 12-02-2017, Courtsey News Live

: Telecom service providers Idea Cellular and Reliance Communications have posted net losses, the first time the two cellular giants have record losses. The reason the two mobile service providers saw profits slump to loses is being ascribed to the entry of Jio into the market. While Idea posted a ...Read more

Hindustan Motors sells iconic Ambassador car brand to Peugeot
267 Views, 11-02-2017, Courtsey News Live

: The iconic Ambassador car that once symbolised the pride of the country has been sold to Peugeot. The CK Birla-owned Hindustan Motors group struck a deal in exchange of which the French car maker will pay them Rs 80 crore. "We have executed an agreement with the Peugeot SA Group for the sale...Read more