88 lakh taxpayers didn't file returns in demonetisation year : Bulletin: Business Today
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88 lakh taxpayers didn't file returns in demonetisation year

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April 5, 2019

BJP never considered political opponents as 'anti-national', says LK Advani

BJP senior leader Lal Krishna Advani, who has been dropped from the party's list of candidates for the Lok Sabha Elections 2019, has finally spoken.In a blog titled "Nation first, party next, self last", LK Advani wrote that the party of which he is a founding member never called its political opponents 'anti-national' and it has been committed to 'freedom of choice of every citizen'. The blog is addressed to BJP workers and is written ahead of the party's Foundation Day on April 6.

88 lakh taxpayers didn't file returns in demonetisation year: report

India's tax department recorded a huge surge in the number of "stop filers" in the financial year in which Prime Minister Narendra Modi announced demonetisation, The Indian Express reported. Stop filers are those individuals who filed returns in the earlier years but did not do so in the current year.According to the report, the number of stop filers spiked over 10-fold to 88.04 lakh from 8.56 lakh in 2015-16.

NaMo TV not a news channel but a "special service": Tata Sky CEO clarifies

Tata Sky CEO Harit Nagpal today clarified that the tweets related to NaMo TV put up on the DTH service provider's official Twitter handle were incorrect and that the recently-launched channel was not a "Hindi news service". "NaMo TV is a Special Service," Nagpal told NDTV, adding, "Tata Sky carries many Special Services in different genres like Education, Self Help and so on ... Special Services do not need a licence." Tata Sky users had taken to the social media platform to question why NaMo TV was suddenly showing up on their channel list despite not having subscribed to it

Netflix tests Rs 65 weekly, Rs 250 monthly plans in India

Netflix is taking the Indian market very seriously and is bracing itself for the tough competition it might face in the near future from other OTT (Over The Top) platforms like Airtel TV, Hotstar etc.  Just a few weeks ago we heard about Netflix's new mobile only monthly plan for Rs 250. But now the company is also testing a weekly plan of Rs 65.

Repo rate cut to ease liquidity, boost sales for real estate sector

Reduction in repo rate by another 25 basis points will bring down construction finance costs and ease out home loan rates, giving yet another boost to the real estate sector. Since February 2019, RBI has cut the repo rate by 50 basis points, bringing it down to the April 2018 level of 6 per cent.

India's election curbs on key highway spark anger in Kashmir

Tough curbs on civilian traffic along a highway linking disputed Kashmir to the rest of India have provoked outrage in the insurgency-hit region, as authorities free up access for troops guarding general elections set to begin this month.

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