Saturday , 21 January 2017
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Business

Modified norms to lower taxes of small traders by 30%: FM

PTI NEW DELHI Finance Minister Arun Jaitley Tuesday said the government’s decision to tweak the presumptive income norms would reduce the tax liability by up to 30 per cent for those small traders opting for digital transactions. He said in the Budget for 2016-17, small traders and businessmen, with turnover of up to Rs 2 crore who did not maintain ... Read More »

US Fed hawkish policy poses new challenges

BY D M DESHPANDE That the US Federal Reserve would raise key lending rate was a foregone conclusion, what with more than a hint given by the Committee in this regard for almost two months now. Hence, the hike in rate was already factored in to markets of the world. Dollar has strengthened against almost all currencies of the world; ... Read More »

Norbert’s fitness hub inaugurated at Dona Paula

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PANAJI: Music, dance, and exercise were the highlights at the inauguration of Norbert’s Multi-activity Fitness Hub on Friday. Rajesh Rai, MD, Jerai Fitness Ltd, chief guest at the inaugural, applauded Norbert’s efforts in making possible a facility offering varied forms of fitness and relaxation, all at a single stop. Norbert’s Multi-activity Fitness Hub, located at Mathias Ocean Park Residency, Dona ... Read More »

ECONOMIC SCAN

Seminar on Future Forms of Housing held by Institute of Town Planners PANAJI: A ‘One day Seminar’ was organised by the Goa Chapter of Institute of Town Planners India in collaboration with the Goa College of Architecture and Town & Country Planning Department of Govt of Goa on the theme “Future Forms of Housing “ on Saturday, the 10th of ... Read More »

Indian-origin tycoon to rescue UK’s last aluminium smelter

LONDON: Indian-origin metal tycoon Sanjeev Gupta Monday said he will invest a whopping 120 million pounds in Britain’s last aluminium smelter as part of a deal to rescue the site and safeguard hundreds of jobs. Please like & share: Read More »

EPFO lowers interest rate on EPF to 8.65% for FY17

BENGALURU/NEW DELHI: Retirement fund body EPFO Monday decided to lower the interest on EPF deposits for the current fiscal to 8.65 per cent, from 8.8 provided in 2015-16, for its over four crore subscribers Please like & share: Read More »

Aircel-Maxis case: Court to pass order on charge on December 22

NEW DELHI: A special court will pronounce on Thursday its order on framing charge against former Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and others in the Aircel-Maxis deal case lodged by CBI and the Enforcement Directorate (ED). Please like & share: Read More »

Quick Notes

MINI launches Clubman PANAJI: The all-new MINI Clubman, the flagship of the MINI brand, was launched in India and will be available for ex-showroom price of Rs 37.9 lakh at MINI dealerships as a completely built-up unit. Please like & share: Read More »

‘Airlines in India expect IT budget increase in 2017’

Chief Minister Laxmikant Parsekar and SITA vice-president (India and sub continent), Maneesh Jaikrishna (R) releasing the 2016 India IT Trends Benchmark Study by SITA, in the city on Friday

  PANAJI: The Chief Minister Laxmikant Parsekar on Friday released the 2016 India IT Trends Benchmark Study prepared by SITA, one of the leading global specialists in aviation and IT communications, which stated that all airlines in India are expected to see their IT budgets increase in 2017, as compared to 2016. Please like & share: Read More »

E-governance transactions in India cross 1,000 crore

NEW DELHI: India’s e-governance transactions have crossed 1,000 crore this year, the government’s eTaal web portal said on Friday. The portal — which disseminates e-transactions statistics of national and state level e-governance projects — said they increased by 33 per cent from last year’s 760 crore. Please like & share: Read More »

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