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People are shifting towards digital transaction, says Jaitley

People are shifting towards digital transaction, says Jaitley

Finance Minister Arun Jaitley said that dealing in cash has a cost and a clear trend is emerging in the country which shows a shift towards digital transactions. “Excessive dependence…

‘Paradise Papers’: 714 Indians figure on tax haven list

‘Paradise Papers’: 714 Indians figure on tax haven list

Bollywood stars Amitabh Bachchan, Sanjay Dutt’s wife Manyata, Union minister Jayant Sinha and corporate lobbyist Niira Radia are among Indians named in a fresh set of data leaks showing alleged…

EPFO coverage for Indians working abroad too: CPFC

EPFO coverage for Indians working abroad too: CPFC

Indians working abroad can now exempt themselves from their host country’s social security scheme and get covered by retirement fund body EPFO, Central Provident Fund Commissioner (CPFC) V.P Joy said.…

Easier to do business in India than ever before, says PM

Easier to do business in India than ever before, says PM

Prime Minister Narendra Modi asserted that it is now easier to do business in India than ever before after the country leaped 30 places to break into top 100 nations…

SBI cuts interest rate on home, auto loans

SBI cuts interest rate on home, auto loans

State Bank of India (SBI), country’s largest bank gave another boost to borrowers by offering home loans starting at 8.30 percent and auto loans at 8.70 percent. In a bid…

Maximum age for joining NPS raised to 65 years

Maximum age for joining NPS raised to 65 years

The Pension Fund Regulatory and Development Authority (PFRDA) has increased the maximum age of joining the National Pension System (NPS) for subscribers in the private sector to 65 years from…

Panel suggests reducing GST on AC restaurants

Panel suggests reducing GST on AC restaurants

The Group of Ministers set up to make GST composition scheme more attractive on Sunday suggested lowering tax rates for manufacturers and restaurants under the plan to 1 per cent.…

Bank recapitalisation ‘historic’, will boost business, says Amit Shah

Bank recapitalisation ‘historic’, will boost business, says Amit Shah

Hailing the Centre’s announcement of Rs 2.11 lakh crore for bank recapitalisation as ‘historic’, BJP chief Amit Shah has said the move will not just give an impetus to businesses,…

Govt hikes wheat MSP by Rs 110/qtl; pulses by Rs 200/qtl

Govt hikes wheat MSP by Rs 110/qtl; pulses by Rs 200/qtl

The government increased the minimum support price (MSP) of wheat by Rs 110 to Rs 1,735 a quintal and of pulses by Rs 200 per quintal to help boost the…

Now, Air India looks for Rs 1,500 cr short term loans

Now, Air India looks for Rs 1,500 cr short term loans

Disinvestment-bound Air India has sought proposals for short term loans worth Rs 1,500 crore to meet ‘urgent’ working capital needs, according to a document. This is the second time in…