Category: Breaking News
Taxpayers take note! Income Tax department recovers Rs 37,000 crore from individuals not filing returns despite taxable income
The Income Tax Department has recovered Rs 37,000 crore over the past 20 months from individuals who failed to file returns despite significant spending. Officials used data analytics and transaction … Read More
Explained: Why has Zomato received a Rs 803 crore GST demand notice?
Zomato received a Rs 803 crore GST notice. The government says Zomato must pay tax on delivery fees. Zomato says it passes these fees to delivery partners. The tax covers … Read More
India’s Russian oil imports drop 55% in November, lowest since June 2022: Report
India’s imports of Russian crude oil plummeted 55% in November 2022, the lowest since June, though Russia remained India’s top supplier. This drop coincided with an 11% decrease in India’s … Read More
Stock market today: BSE Sensex opens over 150 points down; Nifty50 below 24,750
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Monday. While BSE Sensex was below 82,000, Nifty50 was below 24,750.
Bitcoin rises to record after longest weekly winning run since 2021
Bitcoin soared to a new all-time high, fueled by President-elect Trump’s pro-crypto stance and plans for US dominance in the sector. The surge, exceeding $106,000, boosted the broader crypto market. … Read More
Rs 12 lakh crore loans written off in 10 years, half of it by PSU banks in last 5 years
Indian commercial banks wrote off Rs 12.3 lakh crore in loans between FY15 and FY24. Public sector banks accounted for Rs 6.5 lakh crore of write-offs in the last five … Read More
India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report
India’s wealthiest individuals, Mukesh Ambani and Gautam Adani, have recently seen their fortunes dip below $100 billion. Ambani’s Reliance faces declining energy earnings and retail struggles, while Adani battles US … Read More