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SBI Launches ‘Work From Home’ Facility For Employees

SBI Launches ‘Work From Home’ Facility For Employees

Mumbai: Country’s largest lender State Bank of India on Tuesday launched a new facility to enable its employees to work from home. The Board of the bank has recently approved the ‘Work from Home’ policy to enable its employees to work while at home using mobile devices to address any urgent requirement they may have, that […]

Will India’s demonetization have positive impact on economy as World Bank CEO says?

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Will India’s demonetization have positive impact on economy as World Bank CEO says?

Mumbai: While several economists and politicians have criticised Prime Minister Narendra Modi’s demonetization move, World Bank CEO Kristalina Georgieva has expressed that it would have a positive impact on the Indian economy. “While demonetization has, in the short term, created some impact on businesses dependent on cash, in the long term the impact will be […]

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SBI ATM fake note case: One person arrested from Pratapgarh in UP

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SBI ATM fake note case: One person arrested from Pratapgarh in UP

MUMBAI: One person has been arrested from Pratapgarh in Uttar Pradesh in connection with a South Delhi ATM dispensing fake Rs 2000 note. According to reports, the person is employee of the company responsible for putting filling up cash in the ATM. Earlier on Thursday, the government said that it will investigate reports of an […]

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Using RBI funds to recapitalise banks not a good idea: Dy Guv Viral Acharya

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Using RBI funds to recapitalise banks not a good idea: Dy Guv Viral Acharya

Reserve Bank of India (RBI) deputy governor Viral V Acharya suggested that using a part of the cental bank’s reserves for recapitalising state-run banks may not be a good idea. After an assessment of the money required for handling various stress scenarios in the banking system and the financial markets, the RBI transfers its surplus […]

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No good times ahead: United Breweries asks Vijay Mallya to step down from board

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No good times ahead: United Breweries asks Vijay Mallya to step down from board

The board of United Breweries on Wednesday asked Vijay Mallya to step down as its non-executive chairman following a Sebi order which barred the embattled businessman from holding directorship in any listed company. The decision was taken at the board’s meeting on Wednesday in Mumbai. In an e-mail to Mallya, United Breweries’ Company Secretary Govind […]

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Vijay Mallya case: CBI accuses Kingfisher of diverting Rs 293 cr for personal use

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Vijay Mallya case: CBI accuses Kingfisher of diverting Rs 293 cr for personal use

NEW DELHI(PTI): Kingfisher Airlines allegedly diverted Rs 263 crore from Rs 900 crore IDBI loan for “personal use”, CBI said on Tuesday in its charge sheet filed before a special court in Mumbai. The agency has named former liquor baron Vijay Mallya, Kingfisher Airlines and nine others, including the then IDBI Chairman Yogesh Aggarwal, who […]

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What is a TDS Return in India, why you do need to file it?

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What is a TDS Return in India, why you do need to file it?

As per the government’s TDS Scheme, tax has to be deducted at the time of making payment. Person who makes the payment – deducts & deposits TDS with the government. TDS deducted is usually deposited to the government by submitting an ‘income tax challan’ along with the payment. Besides depositing tax, as a Deductor, you […]

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Budget 2017: Give us more clarity on taxes, Hiranandani Group CMD says

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Budget 2017: Give us more clarity on taxes, Hiranandani Group CMD says

MUMBAI: Given the policy reforms undertaken by the government in 2016, we are hopeful that the upcoming budget will provide much needed stimulus to the real estate sector. We expect the budget to give thrust on investment in infrastructure, relax income tax slabs, provide clarity on GST, increase House Rent Allowance (HRA) deduction and announce […]

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Dr.Arokiaswamy Velumani is the man who Owns no car, lives in a small quarter, but helms a Rs 1,320-crore company

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Dr.Arokiaswamy Velumani is the man who Owns no car, lives in a small quarter, but helms a Rs 1,320-crore company

Chennai,AJAY CHANDRAN: He was rejected by many companies because he was fresher. Thyrocare Technologies founder Dr.Arokiaswamy Velumani who build a company from Rs. 10000 to Rs. 33 billion. Recruits only Freshers for all posts for his company.Owns no car, lives in a small quarter, but helms a Rs 1,320-crore company.”And a Proud Fact He is […]

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Economy has turned into Hiroshima- Nagasaki after demonetization: Shiv Sena

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Economy has turned into Hiroshima- Nagasaki after demonetization: Shiv Sena

MUMBAI(PTI):In a vitriolic attack on Prime Minister Narendra Modi over demonetization, the Shiv Sena said on Wednesday he had dropped a “nuclear bomb” on the country through the decision and turned the economy into “Hiroshima- Nagasaki”, the Japanese cities devastated by the US during the World War II. “Modi appears to be not in a […]

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