Finance Blogs
Individuals, General Economy.
hello friends !! Here is the summary of extended due date due to Covid-19.now it is 30 november 2020 for an individual.also, the Interest under section 234A has been waived off whereself-assessment tax is up to Rs 1 Lac. followings are the details regarding various taxpayers : stay tuned .. Gaurav Bohra.
Two years back, i have explained this case, while complaint was filed in NCLT, now it has become a landmark judgement of NCLAT, Find out our story tag ; The NCLAT on Wednesday held the conversion of Tata Sons – the principal holding company and promoter of Tata firms – into a private company from … Read More “NCLAT Ordered TATA & SONS to reconvert from pvt. co. to public co. and reinstate of its chairman Cyrus Mistry” »
Deepinder Goyal, Zomato’s CEO, said Feeding India ( a non profit start-up ) has been operating for the past six months and that its team has been completely integrated into the company. The startup will continue its operations and will leverage Zomato’s technology and logistics and has already distributed to the underprivileged and hungry jumping … Read More “Zomato has acquired “Feeding India (NPO)”” »
here we go !!! these are the key budget highlights at a glance presented in the Union Budget 19-20 by the Finance Minister Nirmala Sitharaman ;- Related to Taxation; Individual, having annual income upto Rs. 5 lakh is not required to pay any income tax. Aadhar and pan made interchangeable for the purpose of filing … Read More “Budget Highlights 2019-20.” »
NCLAT had set July 12 as deadline for the IL&FS group to reach an agreement with creditors of 13 companies to begin releasing payments. these companies have a total outstanding debt of Rs 16,372 crore. The central government on Monday took the unprecedented step of seeking a ban on auditors Deloitte Haskins & Sells and BSR … Read More “NCLAT on IL&FS group so far.” »
India’s oldest private airline company Jet Airways is now in a deficit of 8500 crore rupees i.e. 85 billion rupees. it’s current shareholding pattern is as follows ; Promoter ie Naresh Kumar Goyal, having 51%. Foreign Contributor ie Etihad Airways 24%. other public ie Individuals 9%. institutional holding ie MF, LIC, FI 16%. What they are … Read More “The Jet Airways story” »
CBDT has entered into 2 Bilateral Advance Pricing Agreements (APAs) in Electronics and Technology sectors during the month of November, 2017. These APAs are the first ever Bilateral APAs with The Netherlands. With the signing of these Agreements, the total number of APAs entered into by the CBDT has gone up to 186. This includes … Read More “2 New Advance Pricing Agreements” »
7th pay commission was set up in September 2013 and was accepted by the government on June 2016. impacting around 33 lakh CG employees, 14 lakh armed forces personnel, and 52 lakh pensioners. The total financial expenditure due to the revised salaries and pension amounts was Rs 1,02,100 crore out of which Rs 73,650 crore … Read More “A brief about 7th pay Commission” »
Currently, 43 per cent of children under five years of age in India are underweight, while 48 per cent suffer from stunting due to undernutrition. The Cabinet approved the National Nutrition Mission (NNM), giving funding of Rs 9,046 crore, till 2020, to combat malnutrition in the country. The Rs 9,046 crore budget will be funded … Read More “A Policy to Combat Malnutrition.” »
The Central Statistics Office`s (CSO) data disclosed that GDP for Q2 of 2017-18 stood at Rs 31.66 lakh crore, or a growth of 6.3 % , which is a sign of economic recovery as compared to Q1 which was 5.7% The growth in the agriculture slowed to 1.7% compared to 2.3% in the last quarter and … Read More “Growth in GDP from Q1 to Q2” »
