APN News

  • Fri Nov 24 2017 23:21:10 GMT+0100 (CET)
  • Government forms task force to review income tax laws

    Government forms task force to review income tax laws

    Government has constituted a task force to review the Income Tax Act 1961 and draft a new direct tax law in consonance with current economic needs. CBDT member Arbind Modi will be the convener of task force while Chief Economic Adviser Dr. Arvind Subramanian will be a permanent Special Invi...

    Cabinet approves Wage Policy for 8th round of Wage Negotiations for workmen in Central PSEs

    Cabinet approves Wage Policy for 8th round of Wage Negotiations for workmen in Central PSEs

    The Union Cabinet today approved Wage Policy for the 8th Round of Wage Negotiations for workmen in Central Public Sector Enterprises. Addressing Mediapersons jointly with Union Law Minister Ravi Shankar Prasad after the cabinet meeting, Union Finance Minister Arun Jaitley informed that the C...

    India inks loan agreement with World Bank for USD 100 Million

    India inks loan agreement with World Bank for USD 100 Million

    India has signed Loan Agreement with World Bank for USD 100 Million for "Shared Infrastructure for Solar Parks Project". The project consists of two components... Shared Infrastructure for Solar Parks and Technical Assistance.The objective of the project is to increase solar generation capac...

    Govt raises Rs. 14,500 crore through Bharat-22 ETF

    Govt raises Rs. 14,500 crore through Bharat-22 ETF

    The government has raised Rs 14,500 crore through the Bharat-22 Exchange Traded Fund (ETF), comprising 22 companies, the ETF saw bids of nearly Rs 32,000 crore coming in, with FIIs bidding for one-third of the money. With this, the government has raised Rs 52,500 crore through disinvestment ...

    Businesses can edit their August & September GSTR-3B return forms beginning Nov 20

    Businesses can edit their August & September GSTR-3B return forms beginning Nov 20

    Goods and Services Tax (GST) Network will launch a facility for businesses to make changes to their August and September GSTR-3B return forms beginning November 20. Bihar Deputy Chief Minister and head of GST Panel Network, Sushil Kumar Modi said that, in GST Network regime, everything has b...

    Global Entrepreneurship Summit to be held in Hyderabad on Nov 28-30

    Global Entrepreneurship Summit to be held in Hyderabad on Nov 28-30

    United States and India will co-host the 2017 Global Entrepreneurship Summit in Hyderabad on 28-30 November. The theme of the Summit will be 'Women First, Prosperity for All'. Advisor to the President Ivanka Trump will head the United States delegation to the Summit.Addressing media persons,...

    Centre hikes import duty on edible oils to help farmers

    Centre hikes import duty on edible oils to help farmers

    The Centre has raised import duty on crude palm oil to 30 per cent from 15 per cent and on refined oil to 40 per cent from 20 per cent in a bid to curb cheaper shipments and boost local prices for supporting farmers and refiners, according to a notification. Import duty on soyabean oil, sun...

    India welcomes upgrade by Moody's

    India welcomes upgrade by Moody

    While the upgrade by Moody's is a recognition of the reforms undertaken by the Govt of India, this development is expected to bring in rich dividends to India, in terms investment. As the economic parameters show marked improvement in India, efforts of the Narendra Modi government have come ...

    Housing For All booster: Cabinet enhances interest subsidy ambit

    Housing For All booster: Cabinet enhances interest subsidy ambit

    Giving big relief to the middle-class home buyer, the Union Cabinet has enhanced the ambit of the interest subsidy scheme under the Pradhanmantri Awas Yojana. The carpet area for the MIG-I category of the credit linked subsidy scheme has been increased from 90 square metres to 120 square met...

    Moody's upgrades India's rating citing economic reforms

    Moody

    Narendra Modi government's good governance and reforms have received yet another vindication. International rating agency Moody's Investors Service has upgraded India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive.M...

    Eating out gets cheaper from today as new GST rates come into effect

    Eating out gets cheaper from today as new GST rates come into effect

    The revised GST rates would be implemented from Wednesday. The Goods and Service Tax Council had slashed rates to five percent from 12 and 18 percent earlier in its meeting in Guahati earlier this month.Chewing gum, chocolates, coffee, custard powder, marble and granite, dental hygiene produ...

    Union Bank of India celebrates 99th Foundation Day

    Union Bank of India celebrates 99th Foundation Day

    Mumbai : Union Bank of India today celebrated its 99th Foundation Day in the august presence of various dignitaries and esteemed clients of the Bank.On its 99th Foundation Day, Bank felicitated 5 distinguished personalities with Life Time Achievement Awards viz. NAME ...

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