In Other News
As per information provided by Indian Bureau of Mines, 21 state governments... have framed rules to curb illegal mining under the section 23C of the MMDR Act, 1957, Coal and Mines Minister Pralhad Joshi said. (Photo: Representational)
10 Jul 2019 2:57 PM

State governments, he said, are empowered to make rules for prevention of illegal mining, transportation and storage of minerals.

The deposits in the account of the beneficiaries, which has been steadily rising, was Rs 99,649.84 crore on June 6 and Rs 99,232.71 crore.
10 Jul 2019 12:52 PM

Over 50 per cent of the Jan Dhan account holders are women.

This amendment will take effect from September 1, 2019. (Representional Image)
10 Jul 2019 11:36 AM

Any person claiming benefits of tax exemption from long term capital gains under various provisions will have to file a tax return.

The RCAP assessment team was led by Vasily Pozdyshev, Deputy Governor of the Central Bank of the Russian Federation. It comprised four technical experts, from Belgium, Brazil, Denmark and the Basel Committee Secretariat.
10 Jul 2019 1:50 AM

The committee is the primary global standard setter for the prudential regulation of banks.

State Bank of India
10 Jul 2019 1:48 AM

Bank of Baroda too announced a token rate cut by reducing its MCLR by 5 to 10 basis points.

BRC will also be tasked to analyse rating distribution of the securities under NPS schemes as well as to identify fund's credit quality and risks of a portfolio.
09 Jul 2019 2:53 PM

The last date for submission of interest under of the proposal is July 24, 2019.

Govt has also approved Integrated E-filing and centralised Processing Centre (CPC) 2.0 Project which envisages pre-filling of ITRs by the I-T department.
09 Jul 2019 8:37 AM

I-T department is working on a real-time PAN-TAN centre to further reduce the time required to allot PAN.

The effective income tax rate for individuals with a taxable income of Rs 2-5 crore will go up from 35.88 per cent to 39 per cent.
09 Jul 2019 8:31 AM

FM Sitharaman proposed to increase surcharge from 15 pc to 25 pc on taxable income between Rs 2 cr and Rs 5 cr.

Net outflows from debt-oriented schemes were more than Rs 1.71 lakh crore in June against inflows of Rs 70,119 crore in May.
09 Jul 2019 8:25 AM

The net outflows of mutual funds stood at Rs 1,59,814.40 crore in June.

Deutsche Bank
09 Jul 2019 3:47 AM

The nearby Balls Brothers pub was filling up with now former Deutsche Bank staff.