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The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Govt targets to add 1.3 crore income tax filers this fiscal

Thakur said 46,13,91,168 Permanent Account Numbers (PANs) have been allotted as on July 30, 2019.

23 July 2019 8:54 AM IST

Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

Inter-ministerial group suggests ban on cryptocurrencies in India

The panel also suggested a draft legislation -- Banning of Cryptocurrency & Regulation of Official Digital Currency...

22 July 2019 7:17 PM IST

Allaying worries over the rupees slide, Niti Aayog vice-chairman Rajiv Kumar said that the currency was coming back to its natural value after witnessing a 17% appreciation in the last three years.

India will achieve 8 pc plus growth from FY 2020-2021 onwards: NITI...

The foundation has been laid and transformation has begun with reforms like GST, IBC said Niti Aayog V-C Rajiv Kumar.

22 July 2019 7:04 PM IST

The International Monetary Fund (IMF) on Wednesday approved a USD 6 billion loan for Pakistan. (Photo: AFP)

IMF urges Pakistan to mobilise domestic tax revenue

Recently, the IMF cleared a USD 6 billion bailout package to cash-strapped Pakistan to overcome economic difficulties.

22 July 2019 5:08 PM IST

The Reserve Bank of India, RBI, will print new Rs 100 notes with new designs. (Photo:Representational/File)

Investments via P-notes decline to Rs 81,913 crore in June

Out of the total investments made till the end of June, Rs 56,664 cr was invested in the equities segment, Rs 24,428 cr.

22 July 2019 3:29 PM IST

According to civic officials, the earlier system was to charge property tax on the entire building or housing society.

Housing sales down 11 pc in Q1; demand to rise on tax sops: PropTiger

PropTiger.com is part of Singapore-based Elara Technologies Pte Ltd, which also owns Housing.com, Makaan.com and...

22 July 2019 2:31 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Das says change in stance as good as additional 25-basis-point rate...

RBI has cut rates by 75 bps since the start of 2019, banks have only eased their key lending rate by 15-20 bps.

22 July 2019 2:26 PM IST

Dr Rajiv Kumar was declared as the new Vice Chairman of Niti Aayog.

India will achieve 8 pc plus growth from FY 2020-2021 onwards: Rajiv...

Kumar emphasised that a very large number of jobs have been generated in the country in the last five years.

22 July 2019 10:09 AM IST

The most popular elements of Musical.ly and TikTok will be incorporated into a new feed.

Examining options to set up data centre in India: TikTok, Helo parent...

The development assumes significance given that Indian government recently issued notices to Tiktok and Helo.

21 July 2019 5:22 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Modi govt 2.0 sets sights on making India USD 5 trillion economy

Government spelt out its key priorities in the budget which was focused for making India a USD 5 trillion economy.

21 July 2019 5:10 PM IST

Concept video previews iPhone 11R.

Grey market sales of high-end phones causing revenue loss of Rs 2,500...

The industry body has suggested imposing a maximum customs duty of Rs 4,000 on handsets priced above Rs 20,000.

21 July 2019 3:37 PM IST

Shaktikanta Das

Shaktikanta Das meets PSB heads, reiterates call for faster...

At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.

20 July 2019 10:54 AM IST