SMS alert service on TDS deductions for salaried class launched

New Delhi, Oct 25 The Income Tax department will send SMS alerts regarding quarterly Tax Deducted at Source (TDS) deductions to around 2.5 crore salaried tax payers through a facility launched here on Monday by Finance Minister Arun Jaitley.

The Central Board of Direct Taxes (CBDT) will soon offer…

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Sensex makes a positive beginning, recoups 88 points

Mumbai, Oct 24 (PTI) Market benchmark Sensex started the day on a positive note after it recovered over 88 points and the NSE Nifty regained the 8,700-mark today on fresh buying amid higher Asian cues.

The 30-share index was trading higher by 88.13 points, or 0…

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Fin Min declines to share black money assessment reports

New Delhi, Oct 23 (PTI) The Finance Ministry has declined to share reports submitted to it nearly three years ago on the quantum of black money held by Indians inside the country and abroad, saying it will cause breach of privilege of Parliament.

The reports are related to studies commissioned…

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India inks loan pact with World Bank for Eastern Freight Corridor

New Delhi, Oct 22 : The government on Friday signed an agreement for a $650 million loan from the World Bank towards the third tranche for construction of the Eastern Dedicated Freight Corridor (EDFC) designed for faster movement of goods between northern and eastern parts of India.
According to an Indian…

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Sensex slips 94 points post RIL earnings

Mumbai, Oct 21 (PTI) The benchmark BSE Sensex fell by over 94 points in early session on Friday after sentiment was dampened by Reliance Industries’ second quarter earnings numbers, which were announced on Thursday.

The 30-share index, which had gained 145.47 points in the previous session, dropped by…

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