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New ITR forms: Special team to re-draft format after criticism

New ITR forms: Special team to re-draft format after criticism

27 Apr 2015

New Delhi: The new format of Income Tax Return (ITR) forms that was withdrawn by the government in the wake of complaints over providing details of foreign trips and domestic bank accounts is being revised to make it simpler.

Income Tax return,   ITR forms,   Foreign Trips,   Domestic Bank accounts,   Central Board of Direct Taxes,   CBDT,   Black Money,   Finance Minister,   Arun Jaitley,   Latest Business News ,  
Air India shuts down some <strong>foreign</strong>, local offices to cut costs

Air India shuts down some foreign, local offices to cut costs

27 Apr 2015

New Delhi: To cut costs, Air India is pruning the number of its foreign and local offices and hasalready shut down 23 booking offices in different parts of the country, the government said on Monday.

Air India,   MoS Civil Aviation,   Mahesh Sharma,   Lok Sabha,   Civil Aviation Minister,   Ashok Gajapathi Raju,   Latest Nation News ,  
Government launches national disaster helpline 1078

Government launches national disaster helpline 1078

27 Apr 2015

New Delhi:  India on Monday launched a national disaster helpline 1078 as it intensified relief and rescue operations in earthquake-hit Nepal by deploying more aircraft and military helicopters which have brought back over 5,400 people from the Himalayan nation.

National Disaster Helpline,   Relief Efforts ,   Earthquake in Nepal,   Tremors in India,   Rescue Operations,   Foreign Secretary S Jaishankar Latest Nation News ,  
Spain's <strong>Foreign</strong> Minister meets PM Modi, seeks India's help in evacuating its citizens from Nepal

Spain's Foreign Minister meets PM Modi, seeks India's help in evacuating its citizens from Nepal

27 Apr 2015

New Delhi: Spain on Monday sought India's help in evacuating its nationals from earthquake-hit Nepal when Spanish Foreign Minister called on Prime Minister Narendra Modi during which the visiting minister also offered his country's expertise in building highways and smart cities.

Spain,   India,   Nepal earthquake,   India earthquake,   Nepal evacuation,   Narendra Modi,   India Spain relation,   Nepal rescue operation ,  
Tourism fetches Rs 3.22 lakh crore <strong>foreign</strong> exchange in three years

Tourism fetches Rs 3.22 lakh crore foreign exchange in three years

27 Apr 2015

New Delhi: India earned over Rs 3.22 lakh crore worth of foreign exchange through tourism in the last three years, Lok Sabha was informed on Monday.

Tourism,   Mahesh Sharma,   Budget Session,   foreign exchange,   Foreign Exchange Earnings,   Latest Business news ,  
Indian eCommerce not a bubble, to grow to USD 50 billion by 2020: Report

Indian eCommerce not a bubble, to grow to USD 50 billion by 2020: Report

15 Apr 2015

New Delhi: Terming investor concerns on Indian eCommerce sector as "misplaced", brokerage firm UBS on Wednesday said that the 'etail' market in the country is well placed for growth and could be worth USD 50 billion by 2020.

Indian eCommerce,   etail market,   eCommerce sector,   GMV,   Gross Merchandise Value,   Foreign Direct Investment,   FDI,   GST,   Goods and Service Sector,   Latest business News,  
FDI via approval route surges 162 percent to USD 1.91 billion

FDI via approval route surges 162 percent to USD 1.91 billion

22 Mar 2015

New Delhi: Foreign Direct Investment into India through the approval route shot up 162 percent to USD 1.91 billion in the first 10 months of the current fiscal, indicating that government's effort to improve ease of doing business and relaxation in FDI norms may be yielding results.

FDI,   Foreign Direct Investment,   Indian Economy,   GDP,  
Government mulling high level panel on tax issues: Finance Minister

Government mulling high level panel on tax issues: Finance Minister

27 Apr 2015

London: Seeking to contain the adverse fall out of MAT levy on foreign investors, Finance Minister Arun Jaitley on Sunday said the Indian government will set up a high-level committee to sort out the taxations issues of the past and make the system predictable.

Government,  Tax issues,   Taxation,   Finance Minister,   Arun Jaitley,   MAT levy,   Foreign investor,   Latest Business News,  
Rupee falls 21 paise at 4-month low against USD in morning trade

Rupee falls 21 paise at 4-month low against USD in morning trade

27 Apr 2015

Mumbai: Extending losses for the third consecutive day, the rupee shed 21 paise to hit a four-month low of 63.77 against the US dollar in morning trade on Monday at the Interbank Foreign Exchange due to continued demand for the American currency from importers.

Rupee,   Dollar,   American currency,   Foreign Exchange,   Value of rupee,   rupee against dollar,   Indian economy,   latest news,   ,  
FIPB clears 10 FDI proposals worth Rs 2,858 crore

FIPB clears 10 FDI proposals worth Rs 2,858 crore

25 Mar 2015

New Delhi: The Foreign Investment Promotion Board has cleared 10 FDI proposals worth Rs 2,858 crore, and referred the  Holcim-Ambuja deal to the CCEA.

FIPB,   FDI proposals,   Holcim Ambuja deal,   CCEA,   Foreign Investment Promotion Board,   Foreign Direct Investment,  

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