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$The I-T department will launch full-fledged assessment proceedings from January next year against those assessees who have deposited \suspicious\ amounts of money in banks post-demonetisation, but have not filed their income tax returns till now. (Photo: AFP/Representational)$ India

Nepal to return Rs 950 cr in demonetised cash to improve ties with...

Nepal and India have yet to agree on how to exchange the old Indian bank notes held by individuals and informal sectors.

4 April 2018 8:43 PM IST

P Chidambaram said, privacy was at the core of personal liberty and an inalienable part of life itself. (Photo: PTI)

Centre 'incompetent' in terms of economic management: P Chidambaram

P Chidambaram alleged that there has been a dip in country's growth rate over the years due to lesser investment and...

30 July 2018 8:33 AM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Revise GST in one go

The rationale behind this tweaking isn't clear, though some say it was done to woo urban and rural voters ahead of the...

23 July 2018 12:02 AM IST

This initiative comes as a part of the Railways drive to go green as it also aims at boosting the nations sugarcane industry.. (Photo: PTI | Representational)

Railways agents misused demonetisation waivers: CAG

The JTBS charges Rs 1 per ticket but can sell only unreserved tickets and cannot issue concession tickets.

22 July 2018 3:51 AM IST

Niti Aayog had earlier proposed doing away with the distinction between plan and non-plan expenditure.

Top bureaucrats to counter Opposition's job jabs

While several Opposition leaders have been saying for a while that demonetisation, followed by GST affected job creation...

15 July 2018 6:17 AM IST

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.

Monitor I-T dept closely

The department even failed to utilise the special drive launched to resolve taxpayers' grievances.

10 July 2018 12:42 AM IST

India Incs revenue growth will slow down to 9 per cent in the January to March period on base effects, while the profit margins will shrink to a 12-quarter low of 18.6 per cent, a report said on Monday.

India Inc to post 12.8 pc revenue growth, highest for Q1 in 3 years:...

This would be the third consecutive quarter of double digit growth.

9 July 2018 6:03 PM IST

India began its search for new planes for the Indian air force in 2003 to replace its Soviet-era MiG fighters. (Photo: PTI)

Indian Air Force spent Rs 29 crore to ferry currency after...

Post-demonetisation, the RBI had spent Rs 7,965 crore in 2016-17 on printing the new Rs 500 and Rs 2,000 notes.

8 July 2018 7:07 PM IST

Shaktisinh Gohil

Congress sniffs BJP role in Gujarat bitcoin scam'

Shaktisinh Gohil alleged that some reports said that the scam could even be to the tune of Rs 88,000 crores.

6 July 2018 1:56 AM IST

Congress chief Rahul Gandhi addresses the National Convention of OBC department of AICC at Talkatora Stadium in New Delhi. (Photo: Pritam Bandyopadhyay)

Bullet train like 'magic train' which may not materialise: Rahul...

Gandhi said that despite an issue like Doklam on the border, PM Modi was seen sitting on a swing with the Chinese...

4 July 2018 6:14 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.

Higher tax mop up due to reforms

Statistics available in the public domain suggest that the tax-payer base has widened by 26 per cent in FY 18 compared...

2 July 2018 12:25 AM IST

GDP stands for Gross Domestic Product.

After ignoring warnings, govt can't play hardball

utomobile sales are in decline for several months.

12 Oct 2019 12:00 AM IST