Business Archives - The News Runway

PM hints at ‘fundamental reforms’ in tax structure, unveils taxpayers’ charter

Prime Minister Narendra Modi on Thursday launched a fully digitised system for the government’s unobtrusive interface with income taxpayers of all variety and buttressed it...

Trump administration ‘satisfied’ with China purchase progress in Phase 1 trade deal – Kudlow

WASHINGTON White House economic adviser Larry Kudlow on Thursday said the Trump administration is satisfied with China’s progress in meeting commitments to purchase U.S. goods...

India imposes provisional anti-dumping duty on black toner from China, Malaysia, Chinese Taipei

India has imposed anti-dumping duty on black toner in powder form, used in printers and photocopiers, imported from China, Malaysia and Chinese Taipei for six...

Nirmala Sitharaman says any Income-Tax related communication not generated from computer will be invalid

Finance Minister Nirmala Sitharaman today said that any communication from the Income Tax Department without a computer-generated DIN, be it a notice, letter, order, summon,...

Sugar-coating: Mills to get higher prices to offset hike in cane rates

The Centre had, in July last year, refrained from raising the FRP for 2019-20 from Rs 275 per quintal to keep a leash on mills’cane...

767 pre-operational licences needed for business in India; slash this regime to let FDI help economy

As India steps up efforts to attract foreign companies to invest in the country, it will have to remove many barriers related to ease of...

UK plunges into deep recession, Rishi Sunak admits ‘hard times are here’

The UK economy plunged into a deep recession as it shrank 20.4 per cent between April and June at the height of the coronavirus lockdown,...

Post-Covid fillip: GST refund for longer periods central to UP’s new industrial policy

Post-Covid fillip: GST refund for longer periods central to UP’s new industrial policy. GST: In a bid to give a fillip to the state’s economy...

Households’ FMCG consumption in April-June highest in two years: Report

Household consumption of FMCG products in April-June 2020 was the highest in the last two years, led by personal care items, a report said. The...

Farmers opt out of PM Fasal Bima Yojana; these 2 reasons likely made centre’s crop insurance less attractive

Fasal Bima Yojana:The total number of applications under single crop or multiple holdings scheme has fallen from 3.81 crore and 23.46 lakh in kharif 2019...