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BusinessToday.In
New Delhi, July 6, 2020
Berkshire Hathaway Inc said its energy unit will buy Dominion Energy Inc's natural gas transmission and storage network for $4 billion, helping billionaire Chairman Warren Buffett reduce his conglomerate's cash pile while letting Dominion focus on utilities operations; Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) plans to increase its network of aviation fuel stations by 50 per cent as it looks to capture greater market share in the business currently controlled by public sector oil retailing firms; The income tax department has amended the TDS form, making it more comprehensive and mandating deductors to state reasons for non-deduction of tax. Watch the video for more.Sovereign Gold Bond scheme opens for subscription: Five things to know before you invest


BusinessToday.In
New Delhi, July 6, 2020
Nokia-owner HMD Global bets on Finnish lineage, focusses on security in India marketHMD Global, which sells Nokia brand of mobile phones, is betting on its Finnish lineage and focus on security to succeed in the Indian market where it competes against rivals like Xiaomi, Samsung and others. The company, whose lineup includes both smartphones and feature phones, also sees resilience in the Indian market and said sales numbers are inching towards those in pre-COVID time. Industry wa...


PTI
July 5, 2020
Through a notification, the Central Board of Direct Taxes (CBDT) has amended Income Tax Rules to include TDS on e-commerce operators, dividend distributed by mutual funds and business trusts, cash withdrawals, professional fees and interest


Naveen Kumar
July 1, 2020
Loans against MF being secured loans have much lower interest rate than personal loans. You can get a loan typically upto 50% of the market value of your investment


Naveen Kumar
June 29, 2020
If you do not take timely action to save this TDS deduction you will have to wait for more than a year to file your ITR next year and then wait for few more months to get the refund


Naveen Kumar
June 25, 2020
After the announcement of the lockdown, the government anticipating cashflow problems of salaried employee allowed them to get funds from their EPF balance


BusinessToday.In
June 25, 2020
The government has extended income tax returns (ITR) filing deadline for FY 2019-20 to November 30, 2020, from July 31


Dipak Mondal
New Delhi, June 24, 2020
The deadline for filing of income tax returns for 2019-20 has been extended from 31 July to 30 November 2020


Joe C Mathew
New Delhi, June 12, 2020
According to K.E. Raghunathan of AIMO, the MSMEs who are in need of funds are hesitant to avail the loan facility only to meet non-productive expenses and suffer from servicing of the loan later


Nidhi Singal
June 12, 2020
While auto drain and humidity control are gradually becoming popular, some brands are even adding inverter technology for low power consumption and Wi-Fi for smart connectivity


Dipak Mondal
New Delhi, June 11, 2020
If a part of the director's remuneration is not declared 'salary' as per the company books of accounts, it'll be treated as fees for professional or technical services and hence GST will be levied


Nirbhay Kumar
New Delhi, June 9, 2020
Indias economy is expected to shrink in FY21. The government has come out with several reforms of late to make the country a global manufacturing hub and push jobs and growth


Naveen Kumar
New Delhi, June 3, 2020
ICICI Bank is offering an interest rate of 6.55% to senior citizens when compared to 5.75% it offers to general public. HDFC Bank is giving additional 0.75% to senior citizens and offering FDs at 6.5%


BusinessToday.In
New Delhi, May 31, 2020
All ITR forms, including Sehaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7, and Form ITR-V, will have separate space for mentioning investments made during quarter that can be availed as exemptions or deductions


Dipak Mondal
May 29, 2020
Under the tax law, banks, mutual funds, companies and registrar, etc are supposed to furnish details of high value transactions


PTI
May 29, 2020
It will also assist the taxpayers to identify and take corrective action, in case any incorrect information/ detail is reported in Form 26AS


Ajita Shashidhar
May 28, 2020
However, categories such as ice-cream has seen a 80 per cent dip in sales. Amul is also sitting on huge inventory of milk powder, with HOREKA sales coming to a halt


Ajita Shashidhar
May 26, 2020
Worst impacted by the pandemic are the ice-cream manufacturers, as consumers are staying away from ice-cream due to the fear of contracting coronavirus


PTI
May 25, 2020
\"The travel and tourism sector is going through a very bad phase. It has taken a severe beating due to the COVID-19 outbreak with lakhs of people dependent on it suffering immense losses and job cuts,\" the report said


Mudit Kapoor
May 18, 2020
Fiscal impact, or cost to government, of the relief package for coronavirus - touted to be worth Rs 20.97 lakh crore - is in the range of Rs 1.5- Rs 3.08 lakh crore, according to top ratings agencies


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