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Author: admin

PressReader renews partnership with The Hindu

Posted on August 3, 2023 By admin
PressReader renews partnership with The Hindu

PressReader’s B2B network facilitates the distribution of The Hindu’s content to global subscribers. | Photo Credit: Special Arrangement PressReader, a leading all-you-can-read platform of newspapers and magazines, has announced the renewal of its partnership with The Hindu. The collaboration enables PressReader’s subscribers and users across its extensive global B2B network to once again access the…

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Business

India’s services sector growth at 13-year high in July on strong demand

Posted on August 3, 2023 By admin
India’s services sector growth at 13-year high in July on strong demand

Image used for representational purpose only. | Photo Credit: The Hindu India’s dominant services sector expanded at its fastest pace in 13 years last month as demand increased significantly despite elevated inflationary pressures, a business survey showed on Thursday (August 3). S&P Global’s India services purchasing managers’ index rose to 62.3 in July from June’s…

Read More “India’s services sector growth at 13-year high in July on strong demand” »

Business

GST Council sticks to its guns, imposes 28% tax on online gaming 

Posted on August 2, 2023 By admin
GST Council sticks to its guns, imposes 28% tax on online gaming 

Union Finance Minister Nirmala Sitharaman with Union MoS for Finance Pankaj Chaudhary and Revenue Secretary Sanjay Malhotra during the 51st Goods and Services Tax (GST) Council Meeting, in New Delhi, on August 2, 2023. | Photo Credit: PTI The GST Council on August 2 blinked a little on technicalities and kept the door open for…

Read More “GST Council sticks to its guns, imposes 28% tax on online gaming ” »

Business

6.77 crore IT returns, a surge of 16.1%, filed by July 31

Posted on August 1, 2023 By admin
6.77 crore IT returns, a surge of 16.1%, filed by July 31

Representational image only. | Photo Credit: Twitter/@IncomeTaxIndia  The number of Income Tax Returns (ITRs) filed by the July 31 deadline touched a new high of 6.77 crore this year, 16.1% higher than a year ago, with 53.67 lakh taxpayers filing returns for the first time. A little less than 10% of all return filings took…

Read More “6.77 crore IT returns, a surge of 16.1%, filed by July 31” »

Business

GST revenues register three-month high in July

Posted on August 1, 2023 By admin
GST revenues register three-month high in July

Image used for representational purposes only. | Photo Credit: Special Arrangement India’s gross revenues from the Goods and Services Tax (GST) hit a three-month high to cross ₹1.65 lakh crore in July. However, at 10.8%, it was the slowest uptick in collections since July 2021 compared to revenues from the same month last year. Revenues…

Read More “GST revenues register three-month high in July” »

Business

Gruha Jyothi scheme to be launched in Kalaburagi on August 5

Posted on August 1, 2023 By admin
Gruha Jyothi scheme to be launched in Kalaburagi on August 5

A file photo of Energy Minister K.J. George (2nd from right), along with Dileesh Sasi, Director, Directorate of Electronic Delivery of Citizen Service (EDCS); Gaurav Gupta, Additional Chief Secretary Energy Department; and Mahantesh Bilagi, MD, Bescom, in Bengaluru. | Photo Credit: K. Murali Kumar Although it was announced that the Gruha Jyothi scheme would be…

Read More “Gruha Jyothi scheme to be launched in Kalaburagi on August 5” »

Business

Farmers Producers Org set up in 2016 to do business of ₹20 crore this year

Posted on July 31, 2023 By admin
Farmers Producers Org set up in 2016 to do business of ₹20 crore this year

NABARD officials and beneficiaries at a farm pond constructed through FPO in Navalgund taluk of Dharwad district on Monday. | Photo Credit: KIRAN BAKALE The help extended by NABARD and State Bank of India to farmers of Navalgund taluk has facilitated the establishment and operation of Farmers Producers Organisation (FPO) and it, in turn, has…

Read More “Farmers Producers Org set up in 2016 to do business of ₹20 crore this year” »

Business

At 8.2%, core sectors’ growth hits 5-month high in June

Posted on July 31, 2023 By admin
At 8.2%, core sectors’ growth hits 5-month high in June

A view of a steel plant. India’s core sectors’ output surged at a five-month high pace of 8.2% in June, as per data from the Commerce and Industry Ministry, led by a 21.9% spike in steel output  | Photo Credit: The Hindu India’s core sectors’ output surged 8.2% in June, the fastest pace in five…

Read More “At 8.2%, core sectors’ growth hits 5-month high in June” »

Business

Bitter truths in Maharashtra’s sugar fields

Posted on July 30, 2023 By admin
Bitter truths in Maharashtra’s sugar fields

The High Court of Bombay has recently taken suo motu cognisance of the exploitation of the intra-State workforce that migrates seasonally from the drought-affected and water-scarce regions of Marathwada to the sugar-belt region of western Maharashtra. Maharashtra is one of the top sugar producers in India. According to the Maharashtra Sugar Commissioner, in 2022-23, the…

Read More “Bitter truths in Maharashtra’s sugar fields” »

Business

Over six crore Income Tax Returns filed in a new milestone, says Income Tax Department

Posted on July 30, 2023 By admin
Over six crore Income Tax Returns filed in a new milestone, says Income Tax Department

Over six crore taxpayers had filed their income tax returns (ITRs) by Sunday evening, a day before the filing deadline, which the Income Tax Department termed a “new milestone” as this is significantly higher than the total returns filed by July 31, 2022. Nearly 26.8 lakh taxpayers filed their tax returns by 6:30 p.m. on…

Read More “Over six crore Income Tax Returns filed in a new milestone, says Income Tax Department” »

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