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News at a Glance


Non-subsidised LPG cooking gas cylinder price up by Rs.21

The oil corporations have been changing the price of petrol and diesel as per the crude oil prices fluctuation in the international market.

Posted On :02/Jun/2016 9:38:17 AM

SBI to launch a new company to handle bad debt

The Government is actively considering the possibility of implementing the program and provide advice to the SBI.

Posted On :01/Jun/2016 2:42:01 PM

India ranked 7th in the list of top 10 wealthiest countries in the world

According to the report by New World Wealth, India has been ranked among the 10 wealthiest countries globally with total individual wealth of USD 5,200 billion, but this is largely owing to its large population.

Posted On :01/Jun/2016 2:18:23 PM

No TDS for provident fund withdrawals of up to Rs 50,000

There is an amendment in the withdrawal of PF amount by the employees. Earlier the employees cannot withdraw the amount accumulated within 5 years.

Posted On :01/Jun/2016 2:13:57 PM

New service tax effective from 1st June

During the recent budget presentation, the central government had increased the Service Tax from 12.36 percent to 14 percent.

Posted On :01/Jun/2016 9:59:16 AM

Petrol price hikes by Rs 2.58, diesel by Rs 2.26

Petrol price was on Tuesday hiked by Rs 2.58 a litre and diesel up by Rs 2.26 per litre.

Posted On :01/Jun/2016 9:52:35 AM

Global Crude oil price of Indian Basket was US$ 46.53 per bbl on 30.05.2016

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 46.53 per barrel (bbl) on 30.05.2016.

Posted On :31/May/2016 5:47:08 PM

The Direct Tax Dispute Resolution Scheme 2016

The Direct Tax Dispute Resolution Scheme, 2016 incorporated as Chapter X of the Finance Act, 2016, shall come into force on the 1st of June, 2016.

Posted On :31/May/2016 2:41:26 PM

14000 new ATM centres opened throughout the country

The nationalised banks have set up 14000 new ATM centres during the financial year 2015-16.

Posted On :31/May/2016 9:59:14 AM

FY 2017 to see lowered rates, says report

A report by Morgan Stanley has said that the Reserve Bank of India (RBI) is expected to keep key rates unchanged in the next policy meeting on June 7.

Posted On :30/May/2016 5:42:14 PM