BANKING CASH TRANSACTION TAX
Income Tax department raids BMC contractors
IT said they had conducted search action in Mumbai and Surat on November 6 on entry providers and beneficiaries who have been engaged in execution of civil contracts mainly BMC.
Three years of demonetisation: Cash is king in 66% of real estate transactions
A majority of Indians continue to make a substantial percentag...
Zomato halves cash burn to $20 million in October
Sanjeev Bikhchandani, executive vice-chairman of Info Edge, said he was confident that Deep...
Vedanta Q2 net rises 44% on one-time deferred tax cost
Vedanta said it will spend the money across oil and gas, aluminium, zinc, lead, silver and copper businesses.
View: India imperils foreign investment with telecom cash grab
The AGR drama may end up setting every wrong precedent possible. Future investors will think twice.
From January, banks cannot charge you for online NEFT transactions
The RBI has mandated all banks to stop charging savings account customers for NEFT use from Jan '20.
SoftBank's Paytm top-up to come with riders
If an IPO doesn't take place in 5 years, then SoftBank will have the right to sell its stake to a rival.
China digital currency: Central bank wants ‘controllable anonymity’
The PBOC is poised to become the first major central bank to issue a digital version of its currency.
After Market: Voda Idea, SpiceJet tank; banks lift Sensex; IOC battered
Vedanta lost some ground after its Q2 numbers and pulled Nifty Metal index nearly 2% lower.
3 banks where ROE will improve going forward: Sanjeev Zarbade
In private banks, loan loss provisions and slippages have come down.
Fall in small stock transactions, IPOs pulled down BSE revenue: Ashishkumar Chauhan
Next quarter onwards, IPOs, small stocks trading may pick up and StAR MF could start performing better.
After Market: Britannia, Affle India rally on good Q2 show, 72 stocks hit 52-week highs
Nifty Media index was the biggest sectoral loser on the NSE.
I-T department busts Rs 3,300-crore hawala racket involving infrastructure firms
The raids to unearth the large tax evasion nexus were conducted in the first week of this month on 42 premises in Delhi, Mumbai, Hyderabad, Erode, Pune, Agra and Goa on a group of people indulging in issuing bogus bills and carrying on hawala transactions. Hawala denotes illegal transaction of funds by skirting the legal banking channels.
Stocks in the news: IRCTC, YES Bank, Adani Gas, BHEL and UltraTech Cement
UltraTech Cement will sell its entire stake in Bangladesh-based Emirates Cement Bangladesh
You cannot miss out on quality stocks by sitting on cash: Mahantesh Sabarad
Get ready to play the momentum game in quality stocks as prices won't come down now.
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