GST Council lowers tax rates for 66 items, including movie tickets, kitchen items

New Delhi, June 11 Tax rates on certain kitchen items like pickles and mustard sauce, as well as movie tickets costing up to Rs 100 have been lowered as... Read more »

FM Jaitley to meet PSU bank chiefs today to review NPA situation

New Delhi, June 11 Finance Minister Arun Jaitley will meet heads of PSU banks on Monday to discuss the issue of non-performing assets (NPAs) and the steps being taken... Read more »

India likely to be power surplus nation in FY18

New Delhi, June 11 India may become a power surplus country in the current fiscal as the energy shortage and peak power deficit was already less than 1 per... Read more »

Cairn moves international arbitration panel against dividend freeze

New Delhi, June 11 UK’s Cairn Energy plc has petitioned an international arbitration tribunal against billionaire Anil Agarwal-led Vedanta Ltd withholding its dividend for last three years despite tax... Read more »

7th Pay Commission: Central govt employees to get revised allowance from July

New Delhi, June 10 The Central government employees anxiously waiting for getting higher allowances as per the recommendation by 7th Pay Commission will start getting it from next month,... Read more »

Banking Sector round-up: RBI keeps repo rate unchanged, SBI cuts home loan rate

New Delhi, June 10 The Reserve Bank of India’s bi-monthly policy meeting kept the sector in news this week. Despite the pause in interest rates, Governor Urjit Patel disclosing... Read more »

Weekly Review: Senses catches breath after 4-week dream run; Nifty flex muscles

Mumbai, June 10 Equities found lack of direction and were left with little to show in a highly volatile trading week after RBI poured cold water on early market... Read more »

SC upholds law making Aadhaar mandataory for PAN, ITR but exempts those without it for now

New Delhi, June 9 The Supreme Court on Friday upheld the newly-inserted provision in the Income Tax Act mandating linking of Aadhaar number with Permanent Account Number (PAN), but... Read more »