The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the capital infusion for an overall value of Rs.12,450 crore; (including Rs. 2,500 crore infused in FY 2019-20) in the three Public Sector General Insurance Companies (PSGICs) namely Oriental Insurance…
Amazon India’s unit gets $308 Mil fresh funding from Parent Amazon.com Inc has invested 2310 Crore rupees (USD 308.02 million) in Amazon Seller Services, an Indian unit, strengthening the business at a time when more people are preferring online shopping…
HSBC to cut 38% of global banking and markets jobs in France. HSBC (Europe’s biggest bank) France seeks to cut 255 of 678 jobs in its French global banking and markets unit by the end of year 2021 as part…
Ministry of Finance has issued an press release as per which World Bank to provide $400 million to enhance support for rejuvenating the Ganga Project will help build infrastructure and institutions needed to make the Ganga a clean and healthy…
From April 1, Indian Government imposed a new 2% tax (Called Digital tax) on foreign billings, or transactions where companies take payment abroad for digital services provided in India. A lobby group representing United States technology giants has said that…
We are sharing some Interview Tips which will help you to get a job in the year 2020 amid COVID-19 prevailing situation. Due to this prevailing pandemic situation in the world, many companies are firing their employees or not giving…
Deduction under Section 80C of The Income-Tax Act, 1961 (Deductions in respect of certain payments) The government has announced that taxpayers have time until July 31, 2020 to complete their tax-saving exercise for FY2019-20. This means that the earlier deadline, which was March 31, 2020 has extended…
Ministry of Finance has given a clarification about the News of Merger of Central Board of Direct Taxes and Central Board of Indirect Taxes, as per the notification News report of Merger of two Boards of Revenue factually incorrect. Clarification…
ITR Filing: ITR 1& ITR 4 Forms for AY 2020-21 has been released. ITR Filing for AY 2020-21: The CBDT (Central Board of Direct Taxes) had recently notified the Income Tax Return (ITR) Form 1 to 7 for the assessment…
Uber Technologies, Inc has agreed to buy the food delivery service start-up “Postmates” (founded in 2011) for US $2.65 billion, said people familiar with the all-stock deal. The deal has been approved by Uber’s board and expected to be formally…
