News at a Glance
How to correct the discrepancies in your Credit Information Reports
The Credit Information Bureau (India) Ltd, or CIBIL, is a store-house of records of an individual�s payment history on loans and credit cards. CIBIL acquired the details from banks and other lenders on a monthly basis.
Posted On :26/Sep/2016 1:08:55 PM
Documents Required For Sales Tax Registration
When any person/business sells any physical goods in India, then, the seller has to collect the Sales tax from the buyer and pay to the Government. Essentially the seller doesn�t have to pay sales tax out of his pocket.
Posted On :26/Sep/2016 9:44:48 AM
GST exemption for traders with annual trade under Rs.20 Lakhs
Goods and Services Tax (GST) is being implemented from 1st April next year in order to reform the Tax system throughout the country and to prevent any indirect taxation.The central government is now fully engaged.
Posted On :24/Sep/2016 4:52:40 PM
Festive season special: Import Tax reduced for wheat, potato and palm oil
With the onset of the festive season, the central government has reduced the Import Tax on wheat, potato, and palm oil.This measure has been taken in order to contain their prices and enable distribute the required demand.
Posted On :24/Sep/2016 3:31:42 PM
Minister of State for Finance: GST from 1st April certain
The Minister of State for Finance, Arjunram Meghwal, informed that the Goods and Services Tax (GST) will be certainly implemented from April 2017.The Minister informed this while attending a function in ASSOCHAM in New Delhi.
Posted On :23/Sep/2016 5:16:42 PM
Indias richest person: Mukesh Ambani in 1st place again
Forbes has released the list of the top 10 richest persons in India.The CEO of the Reliance Group Mukesh Ambanis assets are worth Rs. 15 Lakh Crores. He leads the list to be the richest person in India.
Posted On :23/Sep/2016 9:31:44 AM
Railway budget merges with Union Budget
Ending a 92-year-old tradition and easing the way for the government to cut populist subsidies and push through structural reforms, the Central Government will be merging the Railway Budget.
Posted On :22/Sep/2016 12:54:58 PM
Crude Oil Import: this year crude oil import is the maximum in the last 7 years
Crude oil imports in India this year has exceeded the quantity of import over the last 7 years.In order to meet the demand, the oil corporations have imported the additional crude oil.Last August, 1.88 Crore tons of crude oil.
Posted On :21/Sep/2016 8:50:20 PM
DFSI Info: Easy loan schemes leads to increase in luxury car usage
The usage of luxury cars in India is on the rise.It is expected that the number of persons applying for loans for purchasing luxury cars will increase 4 times in the next 4 years.This information was shared by the Managing Director.
Posted On :21/Sep/2016 5:29:02 PM
Soon access bank account at ration shops
According to sources from the finance ministry, it is understood that the centre is in serious discussions about beginning banking services at 5.5 lakh ration shops present across the country.
Posted On :21/Sep/2016 4:09:16 PM
JB Soft System