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GST relief for SMEs, exporters

GST relief for SMEs, exporters

Three months after the rollout of the new indirect tax regime, the GST Council on Friday made sweeping changes to give relief to small and medium businesses on filing and…

Now, Aadhaar a must for post office deposits, PPF, KVP

Now, Aadhaar a must for post office deposits, PPF, KVP

The government has made biometric identification Aadhaar mandatory for all post office deposits, PPF, the National Savings Certificate scheme and Kisan Vikas Patra. Existing depositors have been given time till…

RBI to print new Rs 100 notes from Apr 2018

RBI to print new Rs 100 notes from Apr 2018

The Reserve Bank of India (RBI) is expected to start printing redesigned Rs 100 currency notes around April next year, sources in the central bank have said. Printing for the…

Jaitley hints at scope for reducing GST slabs

Jaitley hints at scope for reducing GST slabs

Finance Minister Arun Jaitley hinted that there is scope for lesser slabs under the Goods and Services Tax (GST) once there is revenue buoyancy. “We have almost by the day,…

Govt retains interest rate on small savings for Oct-Dec

Govt retains interest rate on small savings for Oct-Dec

Ahead of monetary policy review, the government kept unchanged the interest rates on small savings schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi for October-December quarter. “The rates of…

Merger with Idea on track for completion in 2018: Vodafone

Merger with Idea on track for completion in 2018: Vodafone

The merger of Vodafone India and Idea Cellular is on track and is expected to be completed in calender year 2018, a top Vodafone official said. Vodafone India MD and…

With 173% rise in wealth, Patanjali CEO among top 10 richest Indians

With 173% rise in wealth, Patanjali CEO among top 10 richest Indians

Baba Ramdev owned Patanjali Ayurved’s managing director and Chief Executive Officer, Acharya Balkrishna has made his place among top 10 richest Indians. Balkrishna was ranked eighth in the Hurun India…

SBI lowers minimum balance requirement to Rs 3,000

SBI lowers minimum balance requirement to Rs 3,000

The country’s largest lender, State Bank of India, lowered the minimum average monthly balance (MAB) requirement in a savings account to Rs 3,000 from Rs 5,000 and also revised downwards…

Amazon sees growth in phone, fashion segments in festive sale

Amazon sees growth in phone, fashion segments in festive sale

E-commerce major Amazon said its ongoing festive sales have been the “biggest till date”, driven by strong growth in segments like smartphones, large appliances and fashion. Amazon’s four-day festive sale,…

3 Indians among world’s ‘100 Greatest Living Business Minds’

3 Indians among world’s ‘100 Greatest Living Business Minds’

Three Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal and Vinod Khosla have been included in Forbes’s special list of the world’s ‘100 Greatest Living Business Minds’. As part of Forbes’s…