The civil aviation ministry has sought continuation of the exemption on withholding tax on aircraft leased from foreign companies in the next budget for another year, saying it would benefit several airlines in the country.
Commerce and Industry Minister Anand Sharma said he expected exports to reach $200 billion in the financial year ending March 2011.
India's white ball squad, led by Shikhar Dhawan, will quarantine in Mumbai from June 14 to 28 and undergo six RT-PCR tests on alternate days before flying off to Colombo for the six-match series against Sri Lanka, starting on July 13.
Maharashtra minister Varsha Gaikwad on Thursday said that schools for Classes 1 to 9 in the state can be reopened for offline classroom sessions from January 24.
The minister blamed ground realities like lack of majority of ruling party toward the failure of finally signing the Teesta water sharing deal.
They can't leave their hotel rooms, but they are already working out!
NBFCs seek level playing field with banks in terms of treatment of NPAs, TDS on deposits, removal of service tax on HP and lease transactions, refinance mechanism akin to NHB etc
The textile ministry, in its Budget wish list, has recommended additional tax benefits and increased interest subsidy for exporters.
Finance Minister Pranab Mukherjee on Tuesday met exporters, a day after the release of the April export data which showed the sharpest fall in overseas shipments in 14 years, assuring them he would do his best in the Budget.
The government will unveil measures in the Budget for helping exporters who are hit hard by recession in the developed economies, new Commerce and Industry Minister Anand Sharma said on Friday.
The circular amended the Standard Operating Protocol (SOP) issued for dealing with passengers arriving from these regions on December 21 following the detection of a new variant of coronavirus in the UK.
India will become self-sufficient in urea production in five years.
Provide necessary infrastructure and tax exemptions to encourage product development and R&D from India
Theatres, drama theatres will be shut, while film and television shootings will continue if there is no crowding. Parks and playgrounds will also be closed, he said.
Sources said SBI Funds Management will distribute the proceeds to unitholders following liquidation of some securities held under the scheme.
Terming it as a "world war" against COVID-19, the apex court said that due to the "unprecedented pandemic" everybody in the world is suffering one way or the other.
Under the proposed amendment to the environment clearance law, industries can expand simply by certifying that they are not polluting. Among the sectors that will benefit from this procedure are mining, power and petrochemicals, a range of manufacturing industries, in addition to dredging, shipping, port development, building and construction and industrial estates.
The government on Thursday announced the Interim Trade Policy with more incentives to the exporters.
The 2,75,000 new jobs would cost a monthly Rs 300 crore (Rs 3 billion), officials with knowledge of the development said.
SBI Funds Management (SBI MF) will distribute the fifth tranche of Rs 3,303 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the week beginning Monday. With this, the total disbursement will reach Rs 21,080 crore, amounting to 84 per cent of assets under management (AUM) as on April 23, 2020, a Franklin Templeton MF spokesperson said on Sunday. Under the first disbursement in February, investors received Rs 9,122 crore, while Rs 2,962 crore were paid to investors during the week of April 12, Rs 2,489 crore during the week of May 3 and in the latest disbursement during the week of June 7, investors were paid Rs 3,205 crore.
The extension of interest subsidy scheme by another six months for loans taken by exporters in labour-intensive sectors was the only fiscal stimulus measure announced in the Interim Budget for 2009-10.
Amid a spike in Covid-19 infections in some parts of the country, the Centre on Wednesday asked states and Union territories to consider imposing local restrictions in public observance of the upcoming festivals and limit or do away with mass gatherings for effective control of the pandemic.
On Wednesday, the employees of Satyam lost close to Rs 221 crore (Rs 2.21 billion) after investors dumped the stock. At the end of the September quarter, Satyam employees were holding 5.9 million employee stock options. The unfortunate drubbing of the Satyam stock has raised serious questions about the attractiveness of the stocks held by the employees, which may be affected by any 'uncalled for' action by the company.
A BCCI source told PTI that the permission in writing is due to come any time in the next few days.
A top international shooter has tested positive for COVID-19 ahead of the ISSF World Cup in New Delhi and is currently in isolation at a hospital.
Manufacturers Association of Information Technology on Tuesday demanded that excise duty should be halved to eight per cent to provide necessary tax incentive to the languishing sector.
Students will have an option to either attend the classes physically or online or can go in for blended learning by using both options.
India slashes sensitive list for LDCs under SAFTA.
The Uttarakhand high court on Monday stayed the Chardham Yatra reversing a cabinet decision to open it partially for residents of three districts from July 1.
Insisting that PM Modi has consistently cared for the farmers, Goyal said the Rs 75,000 earmarked for paying Rs 6,000 per annum to each of 12 crore farmers is not one time but a 'sustainable' provision.
A day after Gujarat recorded its highest one-day surge of 17,119 new cases, five eminent doctors who are members of the task force spoke to the media.
Wordsmiths and artists of different parties are working overtime to deliver punches and counter punches in their bid to reach out to voters through different platforms ranging from Facebook to YouTube.
