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Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

Why you should file Your Income tax returns

By filing your tax returns, you can also reclaim the excess tax that you might have paid with interest.

12 July 2018 2:08 AM IST

Hero Cycles, the worlds biggest bicycle manufacturer by volume, is following fellow Indian companies by buying up much loved British manufacturing power brands such as Royal Enfield and Jaguar Land Rover. (Photo: ANI)

Hero Cycles revives 110-year-old classic British cycling brand Viking

Hero Cycles bought the 110-year-old Viking brand when it purchased Manchester based bike distributor Avocet Cycles in...

11 July 2018 5:48 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Markets extend winning run for 4th day; TCS spurts 5.47 pc on Q1 show

Benchmark Sensex rose over 26 points to close at 36,265.93.

11 July 2018 4:15 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST Council to consider rate cut on items with low revenue impact on...

Government earned Rs 7.41 lakh crore from the tax since its roll out in July.

11 July 2018 4:11 PM IST

Telecom minister Manoj Sinha

Idea-Vodafone merger approved only some formalities pending, says...

"They met me and thanked that we have done it very quickly," Sinha said.

11 July 2018 3:59 PM IST

After eight years since its launch, internet telephony may finally arrive in India with legal clarity next month.

BSNL starts first internet telephony service in India

Now BSNL customers will be able to make calls using the company's mobile app "Wings" to any phone number in the country.

11 July 2018 3:23 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Fortis board to meet on Friday to consider fund raising

It, however, did not disclose details of the quantum of funds to be raised.

11 July 2018 3:15 PM IST

Wedding season in the coming weeks is expected to up the demand for gold. (Photo: PTI)

Gold remains weak on global cues, muted demand

Gold is trading at Rs 31,350 per 10 grams at bullion market largely due to a weak trend overseas.

11 July 2018 3:11 PM IST

New Delhis Connaught Place has moved one position higher to become ninth most expensive office location in the world with an annual rent of USD 153 per sq ft, according to property consultant CBRE.

New Delhi's Connaught Place is world's 9th most expensive office...

The central business district of Nariman Point moved down to 37th position.

11 July 2018 2:28 PM IST

Prime Minister Narendra Modi. (Photo: PTI/File)

Narendra Modi to address Kisan Kalyan rally in Punjab to mark MSP hike

The rally will jointly be organised by the Shiromani Akali Dal (SAD) and Bharatiya Janata Party (BJP) in Malout.

11 July 2018 1:58 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Air India seeks Rs 2,100 cr from govt to meet its operational costs

The stake sale proposal of Air India showed muted response from the investors last month.

11 July 2018 12:49 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB, Carlyle Group to sell at least 51 pc stake in PNB Housing Finance

PNB Housing had disbursed Rs 33,195 crore loans during 2017-18, an increase of 61 per cent over the preceding fiscal...

11 July 2018 12:48 PM IST