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Business
Deadline For Filing GSTR-4 For FY 2019-20 Extended To October 31
New Delhi: The Union government has further extended the deadline for filing the new GSTR-4 annual return for businesses registered under the composition scheme for FY 2019-20 to October 31, 2020.
The due date was July 15, which was…
CBDT Tells Banks To Refund Customers For UPI, Digital Payment Charges After Jan 1
New Delhi: The Central Board of Direct Taxes (CBDT) has asked banks to return the money they had charged customers by way of UPI payments or online transactions.
"... Based on Section 10A of the Payment and Settlement Systems Act 2007, any…
FDI Curbs: China’s Alibaba Pauses Investments In Indian Startups
New Delhi: In what could be the first major casualty of India’s new rules for foreign investments from China, tech giant Alibaba Group has reportedly put on hold plans to invest in Indian companies for at least six months.
However, it has…
Book LPG Cylinders On Amazon Pay, Avail Rs 50 Cashback
New Delhi: Even as booking LPG refill cylinders has become easier with many online retail platforms offering the service, Amazon Pay has come up with a Rs 50 cashback offer.
In order to avail the Amazon Cashback offer, one needs to go to…
Supreme Court Refuses To Hear Plea Against Patanjali’s Use of Coronil Trademark
New Delhi: The Supreme Court on Thursday refused to entertain a plea against a Madras High Court order that declined to restrain Baba Ramdev's Patanjali Ayurved from using the trademark 'Coronil' for its immunity-boosting products.
While…
Tata Motors Aims To Cut Net Automotive Debt To Zero In Three Years
Mumbai: Tata Motors Group has set a target of reducing its consolidated automotive net debt (excludes the company’s vehicle finance business) to near zero in the next three years.
“Currently the group has a net automotive debt of Rs 48,000…
Bank Deposits: A Difficult Choice Between Risk And Return
Depositors of banks in India have been witnessing a gradual lowering of interest rates on their deposits, eroding not only their deposit value in real terms but also reducing their monthly income. The situation is particularly severe for…
Harley-Davidson May Shut Assembly Operations In India Due To Lack Of Sales
High-end American motorbike manufacturer Harley-Davidson is considering shutting down assembly operations in India as sales have failed to pick up and the immediate demand looks bleak.
The company has sent out feelers to a few automakers…
83% Restaurants In Country Shut Shop During Pandemic: Survey
New Delhi: A whopping 83% of dine-in restaurants in the country have stopped operating due to the COVID-19 pandemic, according to a survey by leading food delivery company Zomato.
Of these, 10 per cent restaurants have shut down…
Privatisation Spree: Govt To Sell Stake In Four State-Owned Banks
New Delhi: The Government of India has drawn a list of four primarily state-owned banks to trim its majority stakes - Punjab and Sind Bank, Bank Of Maharashtra, UCO Bank and IDBI Bank, in which it owns through direct and indirect holdings.…