As most states presented their budgets before the onset of the pandemic, their budget estimates of deficits are unlikely to capture the true picture of the ongoing fiscal year, the report says.
Updated on Oct 28, 2020 02:13 AM IST
Under Section 10 (5) of the Income Tax Act, generally, both government and private sector employees are allowed to claim tax exemption on the money spent against travel fare for themselves and family members twice in a block of four years on showing proof of travel fare.
Published on Oct 13, 2020 05:31 AM IST
Livemint, New Delhi/ Mumbai |Renu Yadav and Neil Borate
Demand is down as people don’t venture out for shopping in a market already hit by the invasion of imported products
Published on Aug 31, 2020 05:21 PM IST
Hindustan Times, Dhanaula (Barnala) | , Dhanaula (barnala)Avtar Singh
The store will pay ₹7,000 to the complainant and ₹25,000 to the legal-aid fund of the consumer disputes redressal commission in each case
Updated on Aug 30, 2020 11:21 PM IST
Hindustan Times, Mohali | Hillary Victor, Mohali
Kumar Mangalam Birla said that most economies are likely to shrink this year. The nationwide lockdown had a more severe impact in urban India and on services that thrive on people’s mobility.
Updated on Aug 13, 2020 06:06 AM IST
Hindustan Times, Mumbai |Tanya Thomas
The minister was speaking at the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting held at Riyadh (Saudi Arabia) through video conferencing.
Updated on Jul 18, 2020 10:50 PM IST
New Delhi |Press Trust of India| Posted by Susmita Pakrasi
Cuts to impact municipal corporation, engineering department asked to focus only on ongoing development works, freeze on new hiring
Updated on Jul 11, 2020 02:02 AM IST
Hindustan Times, Chandigarh | Munieshwer A Sagar, Chandigarh
Although manufacturing activity shrank for a third straight month in June, it was at a much slower pace than the previous two months, data released by IHS Markit showed.
Updated on Jul 02, 2020 07:32 AM IST
Livemint |Gireesh Chandra Prasad and Asit Ranjan Mishra
Tax officials said the extent of revenue loss will depend on how long the lockdown continues.
Updated on Mar 31, 2020 10:03 PM IST
Hindustan Times, Chandigarh | Hitender Rao, Chandigarh
Randhawa, who is also the chairman of Bhai Ghanhya Trust, said the trust had signed an agreement with the New India Assurance Company and MD India Health Insurance TPA Pvt. Ltd for implementation of the Bhai Ghanhya Sehat Sewa Scheme for 2020-21.
Published on Mar 17, 2020 10:34 PM IST
Hindustan Times, Chandigarh | HT Correspondent
The woman alleged that the company had also assured a jewellery coupon of ₹21,000, flight tickets and stay in Goa for two persons for free, but did not deliver on the promise
Updated on Mar 12, 2020 12:43 AM IST
Boost to MSMEs: Unaddressed goods and services tax slab rates leave city’s traders despondent
Published on Feb 01, 2020 10:57 PM IST
Hindustan Times, Ludhiana | , LudhianaHarsimran Singh Batra
At a time when leaders of the Shiromani Akali Dal (SAD) and the Bharatiya Janata Party (BJP) are continuously demanding the resignation of Punjab finance minister Manpreet Singh Badal while holding him responsible for the poor fiscal health of the state, member of parliament (MP) from Anandpur Sahib Manish Tewari has blamed the Centre for the financial crisis.
Published on Dec 28, 2019 06:30 AM IST
Hindustan Times, Ludhiana | , LudhianaAmarpal Singh
As per provisions of the GST Compensation Act, 2017, loss of revenue to the states after implementation of GST is payable during the transition period. The compensation is paid bi-monthy during the transition period of five years.
Updated on Dec 04, 2019 07:23 PM IST
Hindustan Times, New Delhi |HT Correspondent
Directs all 28 improvement trusts to create an annual calendar for sale of such properties; also asks MCs, other civic bodies to prepare an invento
Published on Nov 23, 2019 01:18 AM IST
Hindustan Times, Chandigarh | Gurpreet Singh Nibber, Chandigarh
Manpreet stated that the release of Punjab’s share was crucial, since its delay is impeding routine functioning. The FM assured him of the highest consideration on the above issues, according to an official release.
Published on Oct 29, 2019 11:16 PM IST
Hindustan Times, Chandigarh | HT Correspondent, Chandigarh
According to the complaint, in August this year, the man told the complainant that he had sent gifts for her from the Netherlands. The alleged gifts included a Macbook laptop, perfume and a ring, among other things.
Updated on Oct 28, 2019 12:00 AM IST
Pune | HT Correspondent
With regard to payment of service tax, the court clarified, the liability should be imposed on flat buyers only to the extent of the amount they have not paid.
Updated on Sep 12, 2019 05:59 AM IST
New Delhi | HT Correspondent
The Centre is also considering giving some relief to other sectors, especially in the unorganized segment, but a tight fiscal position may not allow it to go for a liberal rate cut across industries, the officials said.
Updated on Sep 06, 2019 11:40 PM IST
New Delhi |Gireeh Chandra Prasad
The National Democratic Alliance (NDA) government is concerned about the impact of the slowdown in the industry on employment and economic growth, Gadkari said at the annual convention of the Society of Indian Automobile Manufacturers (SIAM).
Updated on Sep 05, 2019 11:23 PM IST
Mayawati was addressing party leaders and office-bearers at the state unit office in Lucknow ahead of the upcoming by-polls in 13 assembly seats in Uttar Pradesh.
Updated on Sep 05, 2019 05:36 PM IST
Lucknow | HT Correspondent
Nitin Gadkari, who was addressing the annual meet of the Society of Indian Automobile Manufacturers (SIAM), said the government is considering a cut in the goods and services tax (GST) rate for hybrid vehicles.
Updated on Jun 26, 2020 08:30 PM IST
The government’s plan comes as the auto sector battles with a steep drop in sales due to feeble consumer demand, with several top automakers and component manufacuturers cutting production and laying off employees.
Updated on Sep 05, 2019 12:01 PM IST
New Delhi |Reuters
Commissioner’s nod in, proposal to be part of agenda of September 12 House meet
Updated on Sep 04, 2019 02:37 PM IST
The good and services tax (GST) collections for August, announced on Sunday, slipped to Rs 98, 202 crore. Foreign institutional investors (FIIs) have sold Indian stocks worth $2.19 billion in August.
Updated on Sep 03, 2019 09:28 AM IST
livemint |Harsha Jethmalani
The relief from depreciation will be substantial only for higher value vehicles such as passenger and commercial vehicles. Barring the increase in depreciation by an additional 15%, there are hardly any measures that will lower the cost of vehicle ownership.
Updated on Aug 26, 2019 02:17 PM IST
livemint , Mumbai |Vatsala Kamat
To exchange your foreign currency, you can approach public and private banks, money exchange centres, airports and online portals. However, currency exchange at airports can rip you off, as the charges range between 10% and 12% of the value of the amount.
Updated on Aug 26, 2019 09:33 AM IST
Hindustan Times, Mumbai |Revati Krishna
In a Facebook post on 1 July this year on the completion of two years of GST, Jaitley described obstacles to India’s biggest tax reform since independence.
Updated on Aug 25, 2019 10:14 AM IST
Hindustan Times, New Delhi |Gireesh Chandra Prasad
The fine was imposed by Rakesh Kumar Popli, additional commissioner, UT excise and taxation department, in an order issued on Thursday.
Updated on Aug 08, 2019 11:48 PM IST
Chandigarh | HT Correspondent
Earlier, under-construction homes were a perennial favourite among Indian homebuyers because they cost less, have a longer shelf life and come with modern amenities, if the property is well-chosen.
Updated on May 20, 2019 12:00 PM IST