Compute tax demand for all assessees by Aug 31, dispose of pending appeals: CBDT chief to taxmen

CBDT chief also set a monthly target of disposing of pending appeals.

from The Hindu - Economy https://ift.tt/33jjnfB
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Discoms’ outstanding dues to power gencos rise 47% to ₹ 1.33 lakh crore in June

In June 2020, the total overdue amount, which was not cleared even after 60 days of grace period.

from The Hindu - Industry https://ift.tt/3gmvNqY

India's export order books improving but labour shortage is still an issue, say exporters

India's exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined but the country's trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59%

from Economy-News-Economic Times https://ift.tt/33iMeRe
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View: Nationalisation of data will destroy value for businesses, investors

A Committee of Experts led by Infosys co-founder Kris Gopalakrishnan has recommended that the Indian government, through a proposed regulator called the ‘Non Personal Data Authority’, will be the final arbiter of whether the government or a private company can take proprietary “non-personal data” from any company in India.

from Economy-News-Economic Times https://ift.tt/2Pn52Xj
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View: India needs to shift from trying to become “atmanirbhar” to “sare jahan se achha"

Clashes In the Galwan Valley or Doklam are tiny, irrelevant skirmishes in China's plans to take over the world. The real battle will be fought and won at the highest technological level.

from Economy-News-Economic Times https://ift.tt/39N5nMx
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Govt to come out with strategic sectors list soon: FM Nirmala Sitharaman

The government will soon come out with a new public sector enterprises policy that will define strategic sectors which will not have more than four PSUs, Finance Minister Nirmala Sitharaman said on Saturday.

from Economy-News-Economic Times https://ift.tt/3hXVvm8
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Relaxo Footwears Q1FY21; profit falls by ~51% yoy

The company recorded a profit of ~Rs24cr in Q1FY21.

from India Infoline News Service https://ift.tt/3jUPMPL

Vinati Organics Q1FY21; profit falls by ~12% yoy

The company recorded a profit of ~Rs72cr in Q1FY21.

from India Infoline News Service https://ift.tt/3fiyKYm

Apple vendors, Samsung, others line up with Rs 11-lakh crore mobile phone manufacturing proposals: Prasad

As many as 22 domestic and international firms, including iPhone maker Apple's contract manufacturers as well as Samsung, Lava, Dixon and so forth, have lined up with proposals for mobile phones production worth Rs 11 lakh crore over the next five years, Union telecom and IT minister Ravi Shankar Prasad said on Saturday.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2XjQFrr