Panasonic poised to withdraw from solar cell production at Tesla's NY plant
The move would come as the Japanese electronics company scrambles to divest of unprofitable businesses as its strategic shift to components from consumer electronics struggles to drive profit growth.
Walmart bets on PhonePe cash withdrawal facility
Data she shared at the conference showed PhonePe’s annual payments value stood at $180 billi...
Systematic withdrawal plans are good for regular income
I am currently in the exempt tax bracket. I want a regular income. Can I invest in de...
ATM operators seek higher fees on withdrawals
Besides, free withdrawals may be capped at 3 for urban areas in place of the current 5 free transactions.
Trai proposes to withdraw 50 paise charge on SMS beyond daily limit of 100
The Telecom Regulatory Authority of India (Trai) on Tuesday proposed to do away with a fix rate of 50 paise for each SMS sent beyond a daily limit of 100 messages per SIM. In its tariff order in November 2012, Trai had notified a minimum rate of 50 paise to curb menace of pesky messages.
DoT withdraws order on no-coercive action against telcos for unpaid AGR dues
The Department of Telecommunications' (DoT) latest step comes on the back of severe flak it received from Supreme Court on Friday for not collecting AGR dues worth Rs 1.47 lakh crore despite court orders.
SC orders Govt to immediately withdraw DoT order on non recovery of AGR dues
The top court bench headed by Justice Arun Mishra demanded to know from the managing directors and directors of the telecom companies, which had sought a modification of the order, why contempt action shouldn't be taken against them for not abiding by the court order.
Samsung withdraws cashback scheme with Amazon Pay after offline retailers protest
The Korean giant has removed the Amazon Pay promotion from its backend with immediate effect.
Tax-exempt employer contribution to PF, NPS capped: Why high earners should opt for VPF, NPS
Till now, individuals with high basic salary could have the employer contribute up to 22% of the basic towards PF and NPS (12% and 10% ) and up to Rs 1.5 lakh to a superannuation fund and avail tax exemption on the entire amount.
Ex-CEO of crisis-hit Guru Raghavendra Sahakara Bank in Karnataka booked
The case has been registered based on a complaint by the present CEO. The bank is in the middle of a crisis following huge non-performing assets and Reserve Bank of India imposed restrictions from collecting deposits, lending loans and making investments. The apex bank had also last month capped the withdrawal limit to Rs 35,000.
ITI withdraws Rs 1,400 crore FPO as issue remains undersubscribed
The FPO was subscribed 62 per cent, as it received bids for around 11.25 crore shares.
Coronavirus: LG, ZTE withdraw from MWC, others may follow
While LG has become the first major South Korean company to give MWC 2020 a miss, others may soon follow suit, considering the threat that the virus poses, according to industry watchers. Telecom industry insiders said that the withdrawal of LG and ZTE from MWC is a significant development. However, they added that it remains to be seen if they would have a cascading effect on the show.
ICICI Bank introduces cardless cash withdrawal facility through ATMs
The service can be used for self-withdrawal when customers do not wish to carry the debit card. The daily transaction limit as well as per transaction limit is set at Rs 20,000
GoI may provide relief to tea gardens from TDS in cash withdrawal
“Following our discussion on the issue, the Finance Minister has taken it into her consideration. While agreeing to the problems of tea sector associated to the policy, she has assured to bring in proper reforms in it,” BJP Loksabha MP from the heartland of Indian tea Darjeeling Raju Bista, told ET at a event organized by Siliguri Tea Traders Association.
Employer’s contribution to PF over Rs. 7.5 lakh set to be taxed
The provision will lead to higher tax liability on both the employee and the employer, a senior government official told ET. Another official ET spoke to said it was indeed a revenue mobilisation measure, though the proceeds would be small.
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