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Income Tax Department conducts search in Jharkhand and West Bengal.

Income Tax Department conducts search in Jharkhand and West Bengal.

The Income Tax Department has carried out search and survey operations on 25th September, 2020 at around 20 residential and business premises of a prominent group having operations in Jharkhand and West Bengal. The group is engaged in trading of various commodities, production of vanasapati ghee, real estate and tea …

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India, Denmark sign MoU on Intellectual Property cooperation

India, Denmark sign MoU on Intellectual Property cooperation

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry signed a Memorandum of Understanding (MoU) here today, in the field of Intellectual Property Cooperation with the Danish Patent and Trademark Office, Ministry of Industry, Business and Financial Affairs, Kingdom of Denmark. Dr. Guruprasad Mohapatra, Secretary, …

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Faceless Appeals launched by CBDT today- Honoring The Honest

Faceless Appeals launched by CBDT today- Honoring The Honest

The Income Tax Department today launched Faceless Income Tax Appeals. Under Faceless Appeals, all Income Tax appeals will be finalised in a faceless manner under the faceless ecosystem with the exception of appeals relating to serious frauds, major tax evasion, sensitive & search matters, International tax and Black Money Act. …

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Additional Borrowing permission granted for Rs. 9,913 crore to Five States on meeting reform targets

Additional Borrowing permission granted for Rs. 9,913 crore to Five States on meeting reform targets

The Department of Expenditure, Ministry of Finance, has granted permission to raise additional financial resources of Rs. 9,913 crore to 5 (five) States through Open Market Borrowings (OMBs). These States are Andhra Pradesh, Telangana, Goa, Karnataka and Tripura. This permission has been accorded after these States successfully met the reform …

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Piyush Goyal participates in the G-20 meeting of the Trade and Investment Ministers

Piyush Goyal participates in the G-20 meeting of the Trade and Investment Ministers

Union Commerce and Industry & Railways Minister Piyush Goyal today took part in the virtual meeting of the G-20 Trade and Investment Ministers. Making interventions during the meeting, he called upon G-20 to play a leadership role in crafting a pathway to recover from COVID19, he said that one of …

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Income Tax Department carries out searches in Jammu & Kashmir

Income Tax Department carries out searches in Jammu & Kashmir

The Income Tax Department carried out a search and seizure operation on a prominent Hotelier, owning a chain of Hotels at Srinagar, Gulmarg, Sonamarg and Pahalgam with another hotel under construction at Leh. Various incriminating documents and materials evidencing unexplained investments in immovable properties, construction of hotels and residences aggregating …

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Piyush Goyal says double digit growth in exports last week shows that country is showing rapid recovery

Piyush Goyal

Minister of Railways and Commerce & industry Piyush Goyal has called for aiming for the target of $500 billion of service exports.Addressing the inaugural session of CII’s India-UK Annual Conference virtually today, he said that this is imminently doable. “We are all confident that under Prime Minister Narendra Modi’s leadership, …

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Startup Innovative Venture Generic Aadhaar emerging as a Brand Identity in India says, Founder Arjun Deshpande

Startup Innovative Venture Generic Aadhaar emerging as a Brand Identity in India says, Founder Arjun Deshpande

Generic Aadhaar was Started by a sole mission of making medicines available to every Indian, a 16-year-old set his eyes on the pharma industry. At this novel age, Mr. Arjun Deshpande, one of India’s youngest and most dynamic entrepreneurs founded this innovative venture, Generic Aadhaar. They have multiple outlets shortly …

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ADB & India Sign $500 Million Loan for Delhi-Meerut RRTS Corridor

ADB & India Sign $500 Million Loan for Delhi-Meerut RRTS Corridor

The Asian Development Bank (ADB) and the Government of India today signed a $500 million loan, the first tranche of a total $1 billion facility, to build a modern, high-speed 82-kilometer Delhi-Meerut Regional Rapid Transit System (RRTS) corridor that will improve regional connectivity and mobility in India’s national capital region …

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Piyush Goyal says country’s Exports and Imports are showing positive trends; Trade deficit is narrowing

piyush_goyal

Union Minister of Commerce and Industry Piyush Goyal today met the Office-bearers of various Export Promotion Councils (EPCs), to discuss the issues concerning the country’s global trade, ground level situation, and problems being faced by the exporters. Goyal has been holding a series of discussions with the EPCs, particularly since …

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