APN News

  • Thursday, July, 2021| Today's Market | Current Time: 03:29:38
  • Demonetisation results in formalisation of economy, increased tax base: Arun Jaitley

    Finance Minister Arun Jaitley today said that demonetisation resulted in the formalisation of economy and has increased the tax base. Addressing Jagran Conclave in New Delhi, Mr Jaitley said, in first four and half years of the NDA government, the number of income tax returns filers has gone up to 6.86 crores from 3.8 crores […]

    Indian economy to reach 5 dollar trillion by 2022, says PM

    Prime Minister Narendra Modi has said that India is targeting to be a five-trillion dollar economy by 2022. Speaking at the foundation laying ceremony of India International Convention and Expo Centre (IICC) in New Delhi this evening,  the Prime Minister said that the country’s macroeconomic fundamentals are strong and the manufacturing and agriculture sector would […]

    India to be fastest growing economy among G-20 nations: Moody’s

    New Delhi: International rating agency Moody’s Investors Service has predicted that India will be the fastest growing economy among G-20 countries clocking a 7(point)1 per cent growth in year 2017.   In the report titled ‘Modest Acceleration in the Global Economy, Moody said, Indian economy will be the fastest growing among the G-20 nations, though […]

    Economic growth will make sharp recovery: RBI governor

      New Delhi: News Content Reserve Bank Governor Urjit Patel yesterday said India’s economic growth will make a sharp recovery following the recall of old 500 and 1,000 rupee notes. In an interview to CNBC-TV18, Mr Patel made a strong case for continuing with globalisation, even in the face of a potential shift to trade […]

    Normalcy restored within few weeks of decision to recall 86% of currency in circulation: Arun Jaitley

      New Delhi: Finance Minister Arun Jaitley today said normalcy has been restored within few weeks of the decision to recall 86 per cent of the currency in circulation and now there is no shortage of notes in market. He said, currency note printing presses of Reserve Bank of India as well as Security Printing […]

    I-T dept issues refunds of Rs 1.42 cr this fiscal; 41.5% higher than last year

    New Delhi: The income tax department has issued refunds of 1.42 lakh crore rupees so far this fiscal. It is 41.5 per cent higher than last year. The centralised processing centre of the tax department has already processed over 4.19 crore income tax returns and issued over 1.62 crore refunds during the current financial year. […]

    Despite global economic slowdown, India is poised 7% growth: Arun Jaitley

    New Delhi: Union Finance Minister Arun Jaitely has said that despite global economic slowdown, India is poised for seven percent growth. Speaking at the two day Make in India Karnataka Conference in Bengaluru today, Mr Jaitley said that the Cetre is giving thrust to infrastructure and social sector. He said, a sum of 3 lakh […]

    IndiGo Launches 20 new flights to expand domestic connectivity

    Mumbai:   IndiGo, India’s largest low-cost carrier has announced the expansion of its network by adding 20 new flights to cities with high demand and expanding potential. With growing demand from the Southern India region, IndiGo has reoriented its focus by introducing additional to and fro flights connecting Hyderabad and Chandigarh; Chennai and Chandigarh; Chennai and […]

    LPG subsidy: I-T to share data of taxpayer who earn above 10 lakh

    New Delhi: In an attempt to check pilferage of subsidy on cooking gas by the higher income groups, the Income Tax department will soon begin sharing with the Petroleum and Oil Ministry details of all individual taxpayers whose annual income exceeds 10 lakh rupees. The tax department, apart from sharing the names of such people, […]

    Less tax for small traders if digital payments accepted: FM

    New Delhi: Finance Minister Arun Jaitley has said that small traders and businesses with a turnover of up to 2 crore rupees will pay less tax if they accept payments through banking and digital means. Speaking to reporters in New Delhi yesterday, he said, in 2016-17 budget, small traders and businessmen, with turnover of up […]