The government in 2017 has introduced the aforesaid section in the income tax act making it mandatory for assesses to quote Aadhaar/Enrolment ID of Aadhaar application form for filing of return of income.

The five-judge constitution bench of Supreme Court, led by Chief Justice Dipak Misra, struck down Section 57 of the Aadhaar Act which allowed not only the government but also any private entity to demand Aadhaar.

The Asian Development Bank maintained the growth forecast for the current fiscal at 7.3 per cent.

Major responsibilities of the associate general counsel, whose position will be equivalent to the country legal head, will be to manage a litigation portfolio, including intellectual property, privacy, integrity, and encryption.

People have raised several questions over its safety and security, and cited data risks could lead to leakage of personal information.

US private equity firm Blackstone, which bought 20 per cent of Versace back in 2014, will fully exit its investment.

Government's finances have shown improvement in August with fiscal deficit at 94.7 per cent of the Budget Estimate (BE), mainly on account of better expenditure management, as per the official data.

The total tally of new subscribers with Employees' State Insurance Corporation (ESIC) increased to 1.34 crore since September 2017.

Infosys bags $80.3 million contract from Canadian firmInfosys Public Services has announced that it has been awarded a computer-aided design contract worth $80.3 million by Public Services and Procurement Canada (PSPC) to modernise and automate their procurement processes, as reported by the Hindu. IPS is working with Ernst & Young and SAP Canada to digitise PSPC procurement system.Facebook ropes in former Hotstar executive Ajit Mohan as India MD & VPSocial media giant Fac...

The new guidelines are applicable for those earning over Rs 2 crore, and those who are required to audit their accounts by a charted accountant.

As per Indian Oil's daily pricing list for Tuesday, petrol has reached over Rs 91 in several districts of Maharashtra, with state capital Mumbai witnessing few paise jump to Rs 90.22 per litre.

Interest rate on small saving scheme has been linked to market and government takes a call on these interest rates every quarter.

In the last two RBI rate hikes, the quantum of transmission of the deposit rates has been higher than the lending rates.

While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level. This is the weakest closing since July 11 when it settled at 36,265.93. The Sensex has lost 1,249.04 points in the previous four sessions.

Other metro cities have also seen fuel prices going up. Petrol is priced at Rs 85.99 in Chennai, while diesel has reached Rs 84.54 per litre. In Kolkata too, petrol and diesel have gone up to Rs 84.54 and Rs 75.99 per litre, respectively.

The Centre has prepared a list of non-essential items whose imports can be curbed and also drawn up a separate list of goods whose exports can be boosted with a little policy intervention.

The service tax department contends that the overseas units are rendering a service to OVL and as such the company is liable to pay service tax at the full rate.

The Goods and Services Tax Network has asked Infosys to develop new forms to simplify the process of return filing for traders. The new GST returns forms will be rolled out within a period of four to six months.

Jet Airways , battling with financial woes, is already under the lens of Sebi and the corporate affairs ministry for various violations, including alleged corporate governance lapses.

In its Global Economic Outlook, Fitch, however, flagged tightening of financial conditions, rising oil bill and weak bank balance sheets as headwinds to growth.