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The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

ITR-1 ready for e-filing: Taxmen

All the seven ITR forms are to be filed electronically except for some category of taxpayers.

18 April 2018 7:16 AM IST

Union finance ministry Arun Jaitley

Adequate currency in circulation, says Arun Jaitley

Temporary shortage in certain states is being tackled quickly, says Jaitley.

17 April 2018 12:58 PM IST

GDP numbers scheduled to be released on May 31.

World Bank predicts 7.3 per cent growth for India

The apex international financial institution forecasted a rate of growth of 7.5 per cent for 2019 and 2020.

17 April 2018 10:00 AM 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.

GoM to meet today, discuss simplification of GST returns

GST Council in its last meeting had decided to defer reverse charge mechanism (RCM) until June 30.

17 April 2018 9:52 AM IST

The vessel is the first of Chinas new generation of destroyers. (Photo: Twitter)

China first-quarter GDP grows 6.8 pc, slightly more than expected

GDP in the first quarter grew 1.4 per cent, compared with revised growth of 1.6 per cent in October-December.

17 April 2018 8:49 AM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

NPA resolution may get 180 days more

Poor valuations, over-burdened NCLT may prod govt to relax time limit.

17 April 2018 8:41 AM IST

Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.

Inflation dips to 2.47 per cent in March

The wholesale prices of food articles fell 0.29 per cent in March compared to a 0.88 per cent rise in the previous...

17 April 2018 12:10 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

NPA maze: Govt for scrapping of one-day default norm

Govt as well as banks feel one-day delay norm could harm businesses and lead to making loans below Rs 2,000 cr.

16 April 2018 8:53 AM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

India's March exports fall amid trade tensions

Trade deficit for the year ending in March widened to $156.8 billion from $105.72 billion in the previous year.

14 April 2018 11:35 AM IST

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

India's forex reserves at record high of USD 424.867 billion

In the previous week, the reserves had surged by USD 1.828 billion to USD 424.366 billion.

13 April 2018 5:37 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Analysts uncertain on RBI rate cut due to inflation concerns

Even as inflation cooled to 4.3 per cent for March led by food prices, analysts are not so certain about a policy rate...

13 April 2018 3:45 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank plans to raise Rs 50,000 cr via bonds in FY'19

HDFC Bank plans to raise Rs 50,000 crore through bonds in the next 12 months to fund business expansion.

13 April 2018 2:58 PM IST