Infrastructure cost incurred in mining of the cryptocurrencies or any virtual digital assets will not be allowed as deduction under the Income Tax (I-T) Act, Minister of State for Finance Pankaj Chaudhary said on Monday. In a written reply to...

As businesses are continuing with the trend of joining the digital world and becoming more invested in it than in the offline operations, it was just a matter of time before one specific thing appeared on the market, with the aim of making their...

The government is planning to merge Bharat Broadband Nigam Limited (BBNL) with the loss-making state-run telecom operator Bharat Sanchar Nigam Limited (BSNL) this month, a senior official has said. BSNL chairman and managing director PK Purwar at...

The resolution plan of Reliance Industries-Assets Care and Reconstruction Enterprise (RIL-ACRE) consortium to acquire Sintex Industries has been approved by the committee of creditors (CoC), the company said in a regulatory filing to the exchanges...

Investing in the real estate segment is one of the most preferred and safest option for long-term investments. Real estate contributes a fair share to the economy of our country and its GDP. Since recently there has been a robust growth in...

Moody’s on Thursday slashed India’s growth estimate for the current year to 9.1 per cent, from 9.5 per cent earlier, saying that the high fuel and fertilizer import bill could limit the government’s capital expenditure. In its...

The government has collected Rs 13.63 lakh crore as direct taxes for FY22 till Wednesday, a new high for the Income Tax Department, and this is as per data released Thursday. Revenue from direct taxes, including personal and corporate income...

Successfully completing a promotion interview can enable professionals to receive a bonus, take on a new position, and develop the future within their present business. While an in-house interview may appear to be comparable to a regular job...

As many as 347 foreign direct investment (FDI) proposals, worth about Rs 75,951 crore, have been received by the government from countries sharing land border with India since April 18, 2020, Parliament was informed on 16th March, 2022. Out of...

The government has invited bids from firms for valuing the assets of privatisation-bound RINL or Vizag Steel. The Cabinet Committee of Economic Affairs (CCEA) on January 27 gave 'in-principle' approval for 100 per cent disinvestment of...