Maharashtra portfolios: Sena gets Home, NCP Finance, Congress Revenue
A statement from the CM's office said that Shiv Sena leader Eknath Shinde has been given the charge of Home, Urban Development, Forest, Environment, Water Supply, Water Conservation, Tourism, Public Undertakings, Parliamentary Affairs departments.
Railways needs to rationalise expenses, increase internal revenue for reasonable operating ratio: Standing Committee
The Committee expressed ...
High time to have All India Judicial service: Law Minister Ravi Shankar Prasad
Ravi Shankar Prasad said the exam for the judicial services ca...
GST rates may go up for various items to meet revenue shortfall
The all-powerful GST Council, headed by Finance Minister Nirmala Sitharaman, is set to meet on December 18 in the backdrop of lower-than-expected GST collection. As of now, there are four slabs under the GST regime -- 5, 12, 18 and 28 per cent. Goods and services under the 28 per cent category also attract cess over and above the rate.
GoFrugal eyes Rs 500 crore revenue mark in five year
The products included RetailEasy for retail businesses, ServeEasy for restaurant businesses and ManageEasy for distribution businesses. Kumar Rajagopalan, CEO of Retailers Association of India launched the company’s experiential digital store using AI and ML for the traditional retail industry.
US fines HSBC's private Swiss arm USD 192.4 mn over tax dodging
Federal prosecutors say that for a decade starting in 2000, the Geneva-based HSBC Private Bank helped American customers hide offshore assets from US authorities, using code named and numbered accounts, hold-mail agreements and shell corporations in tax havens like Panama. US authorities have aggressively pursued Swiss banks for enabling tax evasion.
Don’t delay AGR dues, clear doubts by December 13, government warns telecom companies
Govt puts the total dues at Rs 1.47 lakh crore. Industry thinks it could go up to Rs 2.28 lakh crore.
GST panel may recommend to hike 5% tax slab to 6% to boost revenues
A revamp of goods and services tax (GST) structure is on the cards as the committee for augmenting GST revenue collections is likely to reji...
Delhi govt orders probe in fire in Anaj Mandi area; seeks report in seven days: Revenue minister
The Delhi government on Sunday ordered a probe into the fire incident in Anaj Mandi area here and sought a detailed report within seven days.
GST structure to be reviewed on revenue concerns
Move comes against the backdrop of states complaining about Centre delaying compensation payments.
Druva crosses $100 million in annual recurring revenue
The growth has been driven largely by increasing cloud adoption and a shift to SaaS (software as a service) delivery for data protection. Earlier this year, the company had announced that it had raised $130 million in late-stage funding at a valuation of more than $1 billion.
COAI promises better tech, network with extra revenue
The industry’s move to raise tariffs will ultimately benefit the customer and the government, COAI said, adding that revenue generated from higher plans will be ploughed back into improving customer experience.
Revenue growth, low debt make IHCL a good bet
Total expenditure as a percentage of revenue fell to 81 per cent in FY19 from 96 per cent in FY15 following the company’s strategy to run an asset light operation.
IL&FS reports Rs 22,527 crore loss for FY19, revenue plunges 47%
This is the first earnings announcement after the government sacked its board in October last year.
Government approves allocation of 5 coal blocks, to generate Rs 17,136 crore revenue
For the first time, the successful bidders shall have the flexibility to sell 25 per cent of the coal produce in open market. "The ministry of coal, after a long gap of four years, has approved the allocation of five coal mines," the Coal Ministry said in a statement. This was the result of the auction conducted by the Centre last month.
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