New Delhi : The number of taxpayers increased by 19.5 per cent in one year post-demonetisation from 3.25 crore to 3.89 crore, Parliament was told on Friday. "During the current financial year (up to November 7), 3.89 crore income-tax e-returns were filed as compared...
Kolkata : West Bengal expects its exports to touch Rs 75,000 crore to Rs 80,000 crore by 2019-20, a Minister said on Friday. According to State Finance and Commerce Minister, Amit Mitra, Bengal's export turnover grew to Rs 53,649 crore in 2016-17 against Rs 47,857...
By Syed Zahid Ahmed Until liberalization the real estate developers were largely dependent upon informal investors who used to invest in properties and release payments in instalments. After possessing the properties, they sell it to other buyers and reinvest in other...
Moscow : Russia's state-run Vnesheconombank (VEB) and Kolkata-based Srei Infrastructure Finance have agreed on the operational terms for setting up an IT and innovation fund with a corpus of $200 million, the Russian development bank announced on Tuesday. The parties...
New Delhi : Emphasising a dramatic increase in digital transactions in the country, Minister of State for Electronics and IT K. J. Alphons on Tuesday said the transactions are expected to touch 1,800 crore in the current fiscal from 1,162 crore transactions recorded...
Mumbai : India's foreign exchange (Forex) reserves kitty increased by $1.20 billion as on November 24, 2017, official data showed on Friday. The Reserve Bank of India's (RBI) weekly statistical supplement released on Friday showed that the overall Forex reserves rose...
New Delhi : India's ambitious plans to meet its climate targets under the Paris Agreement represent about $3.1 trillion worth of investment opportunities by 2030, a report by the International Finance Corporation (IFC) said on Thursday. According to IFC, a member of...
Imphal : Manipur Chief Minister N. Biren Singh on Wednesday promised soft loans to thousands of women street vendors who have taken over virtually all the footpaths and other available space in Imphal. "This will enable the women vendors to earn livelihood through...
New Delhi : State Bank of India (SBI) will unveil the country's first integrated lifestyle and banking digital platform on Friday to be launched here by Finance Minister Arun Jaitley, according to a statement from the public sector bank. YONO, the acronym for 'You...
(Note Ban Series) By Rohit Vaid, New Delhi : The backbone of India's manufacturing sector -- micro, small and medium enterprises (MSMEs) -- had not yet recovered from the demonetisation move when the Goods and Services Tax (GST) came in to add to the pain, according...