NEW DELHI: After two consecutive hikes, petrol prices were on Wednesday cut by 49 paise per litre and diesel by Rs 1.21 a litre on softening international oil rates. The reduction in rates will be effective from midnight tonight. Prices ...
Read More »Business
Petrol, diesel prices go up by over Rs 3
A hike in petrol and diesel prices by over Rs 3 per litre from Saturday-Sunday midnight took away more from the common man than the Finance Minister Arun Jaitley proposed to give through his Budget. Petrol price were hiked by ...
Read More »Union Budget 2015 raises tax deduction limit to Rs 4.44 lakh for I-T payer
NEW DELHI: With fresh incentives for individuals announced in the Union Budget on Saturday, the overall deduction limit under personal income tax has gone up to Rs 4,44,200 a year. In the Budget for 2015-16, finance minister Arun Jaitley has ...
Read More »Vodafone India outpaces other group units, posts 15% growth in Dec quarter
MUMBAI: Vodafone’s Indian unit outpaced its group counterparts to report 15% organic growth in revenue in the quarter through December, as subscribers used more of its premium data services, even as the basic voice telecom service remained under pressure, like ...
Read More »Centre hikes excise duty on fuel again
For the third time in six weeks, the Centre on Thursday hiked the basic excise duty on petrol and diesel and absorbed the benefit of falling crude oil prices that would have been otherwise passed on to consumers by oil ...
Read More »New ATM Usage Rules: How Should You Plan Your Withdrawals
If you are the kind of person who has the habit of hopping across to your nearest ATM to withdraw small amounts of cash, because you cannot really rely on the use of plastic money, or are still not compatible ...
Read More »RBI makes SMS alerts for cheques mandatory
MUMBAI: Banks will now start sending SMS alerts to both payer and drawer in cheque transactions as soon as the instruments are received for clearing. Expressing concern over the rise in cheque-related fraud cases, the Reserve Bank of India (RBI) ...
Read More »India names first 3 in crackdown on tax evasion, laundering
New Delhi: In a major step in its crackdown on the country’s parallel economy, the Indian government on Monday revealed before the Supreme Court the names of three persons who allegedly have parked untaxed or ‘black’ money in illicit foreign ...
Read More »Service tax on remittances to India
Abu Dhabi: Non-Resident Indians (NRIs) will have to pay slightly more to remit money to India as the government of India has imposed a service tax on “fees or commission” levied by banks and financial institutions for facilitating remittances from ...
Read More »Union Cabinet deregulates diesel price
NEW DELHI: The Union Cabinet on Saturday decided to deregulate price of diesel, linking it to global market prices. As a result, diesel price will be cut by Rs 3.37 per litre effective midnight tonight in Delhi. The reduction would ...
Read More »Flipkart Big Billion Day Sales Top Rs. 600 Crores in 10 Hours
Flipkart declared Monday’s the Big Billion Day a success, even as customers on social media criticised the online retailer for various problems that arose during the sale. “The Big Billion Day is an unprecedented day for us as this is ...
Read More »As diesel prices rise, it’s now cheaper to run petrol cars
CHENNAI: A diesel vehicle means higher cost of acquisition but significantly lower fuel bills, right? Well, not quite. Thanks to falling petrol prices and rising diesel fuel costs in recent months, the petrol-diesel gap is now at its slimmest since ...
Read More »IndiGo Joins Fare War With All-Inclusive Rs 1,887 Offer
Budget carrier IndiGo has joined the fare war by offering fares from an all-inclusive Rs. 1,887, which the airline says is its all-time low ever. This offer is open on bookings today and travel period between September 25, 2014, and January 15, ...
Read More »Petrol cheaper by over Rs 2 from Aug 15
Much to consumers’ relief, petrol prices will be reduced by more than Rs 2 from Thursday midnight. The news, however, came from Petroleum Minister Dharmendra Pradhan on Wednesday instead of oil marketing companies (OMCs), indicating that the government still has ...
Read More »