IT Department Cautions TDS Deductors Against Quarterly Filing Default
The Central Board of Direct Taxes (CBDT), that frames policy for the department, issued an advertisement in leading national dailies in this context.from Top Business News- News18.com https://ift.tt/2LbBUit
Brokers said sentiment remained weak largely on sustained capital outflows by foreign funds and rising global crude oil prices, which went past the USD 80 per barrel mark.
Dealers attributed the rupee's fall to increased demand for the US currency from importers and foreign fund outflows. However, dollar's weakness against some currencies overseas capped the losses.
The Competition Commission of India (CCI) in February fined Google $20 million for abusing its position in online web search and also slammed the company for preventing its partners from using competing search services.
The huge project was touted as a gamechanger for both parties - offering India steady fuel supplies and meeting Saudi Arabia's need to secure regular buyers for its oil.
The jewellery was kept at the premises of the Gitanjali group firm, Ms Gitanjali Ventures DMCC in Dubai, and was seized under the Prevention of Money Laundering Act (PMLA).
The probability of a June hike would increase if international oil prices rise further, or the rupee depreciates significantly ahead of the June meeting. The report said the RBI will likely begin hiking policy rates in August this year.
Cryptocurrencies are "a stateless digital currency" in which encryption techniques are used for trading. These 'currencies' operate independently of a central bank like the RBI, "rendering it immune from government interference."
Online sales rose 33 per cent in the first quarter, a strong showing following a disappointing 23 per cent increase in the final quarter of last year. Wall Street punished the company for the end-of-year e-commerce performance, sending company shares plunging more than 10 per cent. It was the biggest single-day percentage drop in 30 years.
Universal Robots General Manager for South Asia Pradeep David said, "Universal Robots has been shipping to India since last 5-6 years. Automobile and automotive component makers have been early adopters of our robots. Now electronics, apparel and finance are opening up. "
The 30-share Sensex resumed higher at 35,483.62 and advanced to a high of 35,510.01. However, it slipped on profit-booking and touched a low of 35,087.82, before finally settling at 35,149.12, down 238.76 points, or 0.67 per cent.
The compliance and monitoring arm of the Securities and Exchange Board of India (SEBI), in a letter on May 15, noted delays of one to six days on the part of the lender in making disclosures about the fraud, PNB said in a securities filing on Thursday.