DCM10 BIZ-PRABHU-JOB DATA Need to develop proper matrix to understand changes in economy: Prabhu New Delhi: Commerce and Industry Minister Suresh Prabhu has underlined a need to develop a proper matrix to understand changes in the Indian economy and job creation that is happening at a rapid pace.
DCM26 BIZ-GST-COMPOSITION Service providers can opt for GST composition scheme by April 30: CBIC New Delhi: The tax department has given service providers with turnover of up to Rs 50 lakh time till April 30 to opt for the composition scheme and pay 6 per cent GST.
DCM3 BIZ-MARKET-OUTLOOK Elections, earnings to dictate market trend this week: Experts New Delhi: Domestic indices are likely to witness volatility this week amid quarterly earnings from bluechips like TCS and Infosys, while some investors may remain on the sidelines as polling for the general election gets underway, say experts.
DCM14 BIZ-GST-MISMATCH GST officers seek clarification from companies for mismatch in sales returns, e-way bill data New Delhi: GST officers have started seeking clarification from companies whose tax payments did not match with the e-way bills generated, as revenue authorities start matching supplies data to check tax evasion, sources said.
DCM9 BIZ-PRABHU-ATF ATF should be brought under GST to provide level playing field to airlines: Prabhu New Delhi: Aviation turbine fuel (ATF) should be brought under the Goods and Services Tax (GST) regime as it will ensure a level playing field for the domestic airline industry, Civil Aviation Minister Suresh Prabhu said.
DEL9 POL-JAITLEY-ELECTORAL BONDS Electoral bonds aimed at checking use of black money in elections: Jaitley New Delhi: Defending electoral bonds, Finance Minister Arun Jaitley Sunday said they are aimed at checking the use of black money for funding elections, as was sought to be achieved through electoral trusts proposed during the UPA-II regime.
DCM28 BIZ-AMBANI-PIPELINE-FRAUD Dutch prosecutors arrest 3 for allegedly laundering $1.2 bn for Ambani unit New Delhi: Dutch investigators have arrested three former employees of a local firm suspected of laundering USD 1.2 billion through over-invoicing services and works rendered for a gas pipeline built by a unit controlled by billionaire Mukesh Ambani, a charge vehemently denied by Reliance Industries.
BCM3 AVI-JETAIRWAYS-BIDDING Bidding process for Jet Airways likely to begin from Apr 8 Mumbai: The bidding process for stake sale in the cash-starved Jet Airways is likely to commence from Monday as the bid document is still to be given a final shape, a source said.
DCM21 BIZ-FPI-INFLOW FPIs pour in Rs 8,634 cr in April so far New Delhi: Overseas investors have pumped in a net sum of Rs 8,634 crore into the Indian capital markets in the first five trading sessions of April, mainly due to positive market sentiment. SHW MKJ