Business, Economy, 28th Jul 2017, News & Stories from India

Monday, Apr 29, 2024 | Last Update : 05:38 PM IST

Business Economy 28 Jul 2017

Business, Economy, 28 Jul 2017

RBI Governor Urjit Patel on Friday called on Finance Minister Arun Jaitley, ahead of the next MPC meet.

Urjit Patel meets Jaitley ahead of MPC meet, discuss key issues

After meeting the minister, Patel met the newly appointed Economic Affairs Secretary Subhash Chandra Garg.

28 Jul 2017 8:37 PM

NPCI has received final approval from RBI to function as the Bharat Bill Payment Central Unit and operate Bharat Bill Payment System.

RBI gives approval to NPCI to operate Bharat Bill Payment System

Almost after a year of running BBPS on pilot basis, NPCI has now received the final clearance from RBI.

28 Jul 2017 8:27 PM

The government may be mulling over extending the deadline for filing income tax returns for 2017.

There may be a 'genuine case' for govt extending ITR deadline: reports

According to an official, taxpayers this year have been facing many new difficulties, so the deadline may be extended.

28 Jul 2017 8:11 PM

New National Telecom Policy envisages 5G internet

New telecom policy may include areas of technology innovation, security and protecting interests of consumers.

28 Jul 2017 6:03 PM

RBI may cut repo rate on Aug 2 on lowest inflation

The central bank headed by governor Urjit Patel last cut its key interest rate in October 2016.

28 Jul 2017 4:29 PM

Minister of State for Finance Arjun Ram Meghwal said the government has set up a panel to look into various aspects, including usage, of crypto currencies like bitcoins.

Govt panel looking into usage of crypto-currencies

Government has been debating issues concerning bitcoins and sought public opinion on it a few months ago.

28 Jul 2017 4:13 PM

Why the govt should extend deadline for filing income tax returns

From several new changes in rules to GST, there are various reasons why the deadline for ITR filing should be extended in 2017.

28 Jul 2017 3:02 PM

Goods and Services Tax or GST is a pan-India tax.

ClearTax sets up Suvidha Kendras for GST compliance

Online tax filing portal aims to have 5,000 GST Suvidha Kendras across India by end of 2017.

28 Jul 2017 2:26 PM

Heads of revenue of BRICS nations have signed a pact to identify areas of cooperation in tax matters among members of the group. (Representational Image)

BRICS nations sign MoU on tax co-operation, hail India's GST regime

They also deliberated upon contemporary international tax issues and appreciated India's new GST regime.

28 Jul 2017 2:02 PM

New wage code bill will hamper formal job creation in the country and impact the overall hiring scenario, say experts.

New wage code bill to impact overall hiring scenario, say experts

To apply a universal minimum wage across different states with varying demographics and across different roles is unfair.

28 Jul 2017 1:27 PM

Income Tax department is deploying various new schmes to increase tax revenue and curb black money occurrences.

I-T dept will watch your foreign holiday trips, pictures

Tax department will soon start collecting such information from social media under Project Insight.

28 Jul 2017 11:02 AM

Economic growth is expected to rise to 7.3 per cent in the fiscal year to March from 7.1 per cent in the previous year.

Once 'fragile' India gets thumbs up even as rates set to fall

Rate cuts are likely to be justified by lower inflation and higher-trend growth rates in India due to reforms.

28 Jul 2017 10:28 AM

Finance Minister Arun Jaitley. (Photo: AP)

Arun Jaitley-led panel reviews edible oil availability

Currently import duty on refined palm oils is 15 per cent, while that on crude palm oil is 7.5 per cent.

28 Jul 2017 9:42 AM

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Sanjaya Baru