Header ad
Finance
Due Date For Filing Tax Returns Extended Upto October 10

The GST Council, in its 21st meeting held last night in the city, has recommended the following measures to facilitate taxpayers. In view of the difficulties being faced by taxpayers in filing returns, the following revised schedule has been approved: Sl. No. Details / Return Tax Period Revised due date
Read more
TS tops in e-transactions in the country: SLBC

Hyderabad: Telangana State has topped in e-transactions to the tune of 20 crores a day, says Secretary Finance Sandeep Sultania. He was addressing a Steering Committee State Level Bankers' Committee meeting held here in SBI Conference Hall, Telangana Circle. The meeting was held to discuss Aadhaar seedi
Read more
Balaji gets 4 crore demonetised notes as offerings

Hyderabad: The famous hill shrine of Lord Venkateswara in Tirumala is caught in a piquant situation as he received over Rs four crore in demonetised 500 and 1,000 rupee notes from devotees in his 'hundi' during the last two months after expiry of the deadline for their exchange.  The temple administrati
Read more
TS to come up with T-Wallet, KCR to release Logo next week

Hyderabad: Telangana State for the first time in the country is all set to come up with its own wallet to be known as T-Wallet. Announcing this here at a service providers meet held in secretariat today, the Minister for Information Technology KT Rama Rao declared that the state is likely to release T-W
Read more
IT officials seize 106 crore cash, 127 kg gold in Chennai

From V.Pandian Chennai: The Income Tax department has seized at least Rs 106 crore in cash, including Rs 10 crore in new currency, and gold bars weighing 127 kg in searches at multiple locations in the city to check tax evasion post demonetization. This is the largest seizure of new currency notes after
Read more
RBI to release new 20, 50 notes, Old denomination to continue

Hyderabad: The Reserve Bank of India today announced that it will release new currency notes of Rs 20 and Rs 50 denominations with numerals in ascending size in the number panels and without intaglio printing. However, in a statement issued here today, the RBI said that the old notes of Rs 20 and Rs 50
Read more
Banks resort to rationing due to cash crunch on payday

Banks across the country seems to have suffering from cash crunch as they have resorted to rationing of cash in order to handle the huge pay day rush at branches.  Although claims were made by various banks that adequate arrangements were made to meet the heavy demand being a payday, most of the branche
Read more
Jaitley moves a Bill to amend Income Tax Act in Lok Sabha

New Delhi:  The Modi government in its efforts to intensifying its black money hunt, proposed a Bill to amend the Income Tax Act in Lok Sabha today to impose more cess and penalty on deposits made after the demonetisation drive was launched nearly three weeks ago.The key points of the New Taxation Amend
Read more
Centre likely to stop currency exchange soon to contain cash crunch

Hyderabad: In yet another major step towards containing the black money, the Union Government is all set to stop the exchange of old currency completely any moment from now. It is reliably learnt that the think tanks in the PMO reportedly advised stopping the currency exchange forthwith to contain the c
Read more
Election Commission objects to using ink mark to bank customers,

New Delhi: Central Election Commission on Friday took objections at using the Ink mark to identify the repeated withdrawals by the Banks. In a letter addressed to the Union Finance Ministry, the CEC expressed the fears that the current procedure being adopted by the banks across the country may lead to
Read more
Cash withdrawal limit for farmers enhanced to Rs.25,000 per week

New Delhi: The Centre on Thursday relieved the farmers across the country from the stress of demonetization by allowing them to withdraw up to Rs.25,000 per week. The decision has come in the wake of the onset of Rabi season. An announcement to this effect was made by the Economic Affairs Secretary Shak
Read more

Contact Us