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Wealth tax no longer leviable from assessment year 2016-17
April 2, 2016- Wealth tax is no longer leviable with effect from the assessment year 2016-17. Taxpayers are, therefore, not required to file a wealth tax return from assessment year 2016-17 onwards.

Posted on: 02-04-2016
Prices of non-subsidised LPG cylinder cut by Rs 4
April 1, 2016- Prices of non-subsidised cooking gas LPG was cut by Rs 4 per cylinder on global trends on Friday. On the other hand, Aviation Turbine Fuel (ATF), or jet fuel, price was hiked by 8.7%.

Posted on: 01-04-2016
Russia approves ONGC's Rs 8,600 crore Vankor oilfield deal
Mar 27, 2016- In a major development, Russia has approved Oil and Natural GasCorporation's deal to pick up 15% stake in Russia's second biggest oil field, Vankor from Rosneft.

Posted on: 27-03-2016
Alert !! Banks to remain closed 4-days in a row,starting from March 24 till March 27
March 22, 2016 - Banks to remain closed 4-days in a row starting from March 24(Thursday) till March 27 (Sunday) in many states of the country.

Posted on: 22-03-2016
Jewellers End 18-Day Strike Over Excise Duty
March 20, 2016 - Jewellers on Saturday have finally called off their 18-day old strike demanding rollback of proposed excise duty on non-silver jewellery after government assured them that there will be no harassment by excise officials.

Posted on: 20-03-2016
FM rolls back proposal to tax EPF withdrawal
Mar 8, 2016- Finance minister Arun Jaitley on Tuesday announced the rollback of proposed tax on withdrawals from employees' provident fund.

Posted on: 08-03-2016
Prevent Vijay Mallya from leaving India: 17 banks urge Supreme Court
Mar 8, 2016- A consortium of 17 banks on Tuesday moved the Supreme Court seeking its directions to prevent liquor baron Vijay Mallya from leaving the country.

Posted on: 08-03-2016
Dubai to build world's largest wholesale hub
Mar 4, 2016- The Gulf emirate of Dubai on Tuesday launched a project to build a 30-billion-dirham ($8.2-billion) city that would be the world's largest wholesale hub.

Posted on: 04-03-2016
SBI seeks Vijay Mallya's arrest in loan default case
Mar 3, 2016- The State Bank of India on Wednesday sought to arrest Vijay Mallya, and also impound his passport, as the bank approached the Debt Recovery Tribunal seeking action against the UB Group promoter for defaulting on loans.

Posted on: 03-03-2016
Bill Gates is the richest person in the world, Mukesh Ambani 36th richest person
Mar 2, 2016- Microsoft’s co-founder Bill Gates continued his reign as the world’s richest person with a net worth of $75 billion, according to Forbes’ annual ranking of billionaires. Reliance Industries Ltd (RIL) chairman Mukesh Ambani leads the pack of 84 Indian billionaires in 2016.

Posted on: 02-03-2016

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