Saturday , 22 July 2017
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NIA ropes in tax officials to probe trade at LoC

NEW DELHI: The National Investigation Agency (NIA) has roped in tax officials to probe trans-LoC trade and alleged receipt of money by separatists groups in the Kashmir Valley, believed to be the main source of terror financing, officials said today. Please like & share: Read More »

GST Council may go for more rate revisions

NEW DELHI: The Goods and Services Tax (GST) Council on Monday evening will hold a meeting through video-conferencing to discuss some rate revisions “which need urgent attention”. Please like & share: Read More »

QUICK NOTES

GST seminar focuses on practical issues PANAJI: The GCCI in association with the Goa branch of ICAI and Tax Sutra organised a comprehensive 2-day seminar on GST aimed at finding  solutions to  some  of  the  practical difficulties encountered by trade in implementation of the tax. Please like & share: Read More »

GST implementation being done properly: Centre

NT NETWORK   PANAJI GST launched on July 1, is well accepted by the people, claimed CR Chaudhary, Union Minister of State for Consumer Affairs, Food and Public Distribution, on Friday. On a visit to Goa for a GST outreach programme, he cited, the zooming Sensex as indication of GST’s acceptance. Chaudhary said, “Growing Sensex reveals that GST is a ... Read More »

Goa Carbon Q1 net profit up 692% at `5.75 crore

NT NETWORK   PANAJI The board of directors of Goa Carbon Ltd (GCL) – a Dempo Group company, approved the unaudited results for the first quarter ended June 30, on Thursday. GCL is the second largest manufacturer of Calcined Petroleum Coke (CPC) in the country. The highlights of the quarter is that the net profit for the first quarter ended ... Read More »

I-T identifies 5.56 lakh more people for high cash deposits during note ban

IANS   NEW DELHI The Income Tax Department on Friday came out with the second list of 5.56 lakh account holders who will be asked to explain the high cash deposits, found inconsistent with their tax profiles, made during the note ban. “The Income Tax Department has used information received under the Statement of Financial Transactions (SFT) to identify 5.56 ... Read More »

ECONOMIC SCAN

Mahindra launches Jeeto Minivan MUMBAI:  Mahindra & Mahindra Ltd announced the launch of Jeeto Minivan, its passenger carrier developed on the Jeeto platform, at a starting price of Rs 3.45 lakh (ex-showroom Mumbai for BSIV diesel variant).  According to the company, the minivan will be available in two body forms, namely hard top and semi hard top and three fuel ... Read More »

Find out potential taxpayers, says CBDT to taxmen

NEW DELHI: With almost 91 lakh new taxpayers brought in the tax net last fiscal, the CBDT has asked the Income Tax Department to increasingly identify those who can pay tax but are not doing so, with a special focus on smaller cities. Please like & share: Read More »

GST partial success against stated goals: Jefferies

NEW DELHI: Measured against its stated objectives, the newly introduced indirect tax regime – Goods and Services Tax (GST) – is a partial success, investment banking firm Jefferies said here on Thursday. Please like & share: Read More »

Top Indian engineering firms scout for markets in Russia

KOLKATA: The Indian engineering industry, led by the top notch companies in the public  and private sectors like IRCON , RITES, Heavy Engineering Corporation and Tata Steel scouted for new markets and collaborations in Russia, by participating in ‘Innoprom’, the largest Russian industrial fair , under the aegis of the Engineering Export Promotion Council (EEPC) India. Please like & share: Read More »

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