BUSINESS
Deadlines for IT, GST return filing extended
According to the Ministry of Finance's Revenue Department, the deadline for filing ITR by those taxpayers whose accounts are to be audited has been extended till February 15, 2021. Besides, the deadline for filing ITR by other taxpayers has been extended till January 10.
India's sequential Q2FY21 current account surplus moderates to $15.5 bn
On a YoY basis, the country's Balance of Payment status was in a deficit of $7.6 billion during Q2FY20. However, the data showed an increase in net services' receipts both sequentially and on a YoY basis, primarily on the back of higher net earnings from computer services.
Flipkart Mobile Phones Year End Sale: Heavy discounts on iPhone, Realme and more | All You Need to Know
The three-day sale started on Tuesday will end on Thursday night, December 31. The online retail giant has created a separate microsite for its big year-end sale under the banner of Mobile Phones Year End Sale.
Even $10 billion buyback plan fails to check slump in Alibaba Group’s shares | 5 points
There has been a continuous crackdown on Jack Ma’s e-Commerce empire by the Chinese authorities ever since he criticised governments regulatory policy claiming that these guidelines are gagging innovation.
Pakistan to buy costliest LNG amid increasing gas shortage
The Pakistan LNG Limited (PLL) has received high bid at 32.48 per cent of Brent with a gap of 31-days between tender opening and advertisement. LNG supplies were invited to bid for the supply of at least two LNG cargoes on delivered former ship bases at Port Qasim in Karachi, which attracted extremely high bids from two LNG cargoes for February 15-16, 2021, and at least four LNG suppliers for February 23-24, 2021.
Reliance Group refutes false and mischievous campaign on RCOM in social media
The statement said - It is being falsely and mischievously stated in a section of social media that RCOM Group of companies owe Rs. 86,188 crore to Indian banks and financial institutions. As per figures certified by the Resolution Professional appointed by the lenders, the RCOM group owed Rs.26,000 crore to Indian banks and financial institutions as on the date of filing before the NCLT.
Amazon invests Rs 11,400 crore in India in FY2019-20
The e-commerce giant has been investing millions of dollars towards promotions, building infrastructure and logistics as it woos customers to shop online, has seen its losses mount on account of higher expenses.
GST revenue expected to exceed Rs 1 lakh crore in December
Revenue from the tax has been on an uptrend after staying in contraction mode for six months since March because of the Covid-19 pandemic and the 68-day nationwide lockdown.
Indian economy could prove to be ‘most resilient’ in subregion over long term: UN
FDI inflows have been steadily increasing and positive, albeit lower, economic growth after the pandemic and India’s large market will continue to attract market-seeking investment,” the report said.
Sensex pares gains after touching fresh record high
The BSE Sensex touched an all-time high of 47,807.85 points during the initial trade before shedding the initial gains. Around 9.40 a.m., it was trading at 47,579.80, lower by 33.28 points or 0.07 per cent from its previous close of 47,613.08.
Don't Miss
Advertisement