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News at a Glance


New device to check contamination in gold!

White metals like Osmium, Palladium, Ruthenium, and Iridium are being mixed with gold while making jewellery.

Posted On :06/May/2015 5:43:36 PM

Are there prospects of reduction in rates of interest on 2nd June?

Leading Brokerage Companies have expressed their view that there might be an announcement about reduction in the rate of interest in the latest notification of Reserve Bank of India scheduled on 2nd June on the loan and finance policies.

Posted On :06/May/2015 5:07:37 PM

Amazons The Great Indian Summer Sale

Amazons The Great Indian Summer Sale kicked off on Wednesday with deals across various product categories.

Posted On :06/May/2015 4:02:16 PM

Post Retirement Benefits

Department of Personnel & Training has not made any change in instructions contained in OM No. 22011/4/1998-Estt.(D) dated 12.10.1998 and reiterated vide OM No. 22011/1/2014-Estt.(D) dated 14.11.2014.

Posted On :06/May/2015 3:49:01 PM

Global crude oil price of Indian Basket was US$ 65.03 per bbl on 05.05.2015

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$ 65.03 per barrel (bbl) on 05.05.2015.

Posted On :06/May/2015 12:03:35 PM

Gold rate increased Rs.152 per sovereign

The cost of gold has increased Rs.152 per sovereign on Wednesday morning (May 06, 2015).

Posted On :06/May/2015 11:08:27 AM

Provision in the Finance Bill, 2015, will not Affect the LPG Subsidy Individuals

Certain doubts have been raised in a section of the media about the applicability of the official amendment moved in the Finance Bill, 2015 in the Lok Sabha on 30th April, 2015 with respect to definition of �income�.

Posted On :06/May/2015 10:01:41 AM

Tax Concession on Interest Paid on Education Loan

Section 80E of the Income-tax Act, 1961 provides that in computing the total income of an individual, their shall be allowed a deduction of the amount paid by way of interest on loan taken by him from any financial institution.

Posted On :05/May/2015 5:46:44 PM

Incentivizing States Under GST Regime

As tax rates during Goods and Services Tax (GST) regime will be closely aligned to the Revenue Neutral Rates (RNR) of the Centre and the States, the revenues of the Central and State Governments will not be impacted in the long run.

Posted On :05/May/2015 5:44:11 PM

Uniformity in Prices of Drugs

Under DPCO, 2013, ceiling prices fixed and notified in generic name of medicines are applicable to all brands of the same medicines as specified in Schedule-I of the said order.

Posted On :05/May/2015 5:06:29 PM